Assistant Controller

Magnera's purpose is to better the world with new possibilities made real. For more than 160 years, the originating companies have delivered the material solutions their partners need to thrive. Through economic upheaval, global pandemics and changing end-user needs, they have consistently found ways to solve problems and exceed expectations. By bringing together these legacy companies, the distinct scale and comprehensive portfolio of products will bring customers more materials and choices. With a combined legacy of resilience, Magnera will build personal partnerships that withstand an ever-changing world.

JOB SUMMARY:

This position will be responsible for financial oversight of the Old Hickory plant, including the periodic close process, using judgment to determine appropriate accounting treatment under US GAAP. This position is expected to be able to take the initiative to identify issues of concern and devise solutions specifically related to the business. This position reports to the Plant Controller.

JOB DUTIES & RESPONSIBILITIES:

• Ensure conformity to all company accounting requirements and providing all reporting and management information to relevant personnel in line with site and corporate deadlines.
• Prepare, examine, and analyze accounting records, financial statements, or other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards.
• Evaluate operating cost, creating & valuing financial metric with proper visibility and championing cost control efforts.
• Supervise the month end closing process for the business, including P&L variance and budget to actual analysis for BS and P&L.
• Review data and documents to assist in preparing journal entries and other postings into SAP. Enter and post entries in SAP as necessary.
• Complete Balance Sheet Reconciliations monthly and review with Controller.
• Support the accounting/finance department in the preparation of information requested by the external auditors when requested.
• Respond timely to ad-hoc requests from Management as needed.
• Provides general support to the business and direct support as requested.
• Prepare intercompany entries, post entries, and reconcile balances with other entities at month end.
• Reconcile company credit card receipts with statements. Accrue open items at month-end and follow-up on outstanding transactions.
• Process Sales and Use tax returns including maintaining required documentation.
• Collaborate with other departments (Procurement, HR, IT) to improve and standardize processes.
• Research complex accounting topics for appropriate GAAP or IRS tax treatments.
• Assist in physical inventories and assist in financial awareness of all inventory transactions.
• Identify areas for process improvement, develop potential solutions, and implement improvements independently, or seek appropriate approvals to do so when necessary.

QUALIFICATIONS:

• 5-7 years experience in accounting, preferably manufacturing industry.
• Bachelor’s Degree (BA) in Accounting, Finance or related field.
• Experience in SAP strongly preferred.
• Strong understanding of all aspects of the accounting close process, including journal entry review, financial analysis, and account reconciliations, as well as determining/reviewing accruals and deferrals.
• Experience working with fixed assets. Strong experience in Microsoft Excel required.
• Good organizational, interpersonal, and problem-solving skills.

COMPETENCIES:

Thorough: Ensure accuracy and be able to monitor the quality of work and processes while still meeting demands /commitments. Can perform tasks consistently and conscientiously.

Flexibility/Adaptability: React favorably to changes and new information- Is able to respond positively to new situations, tasks, people and environment.

Initiative: Can spot deficiencies and view them as opportunities. Able to handle problems while proactively looking for solutions. Is creative and looks for value added improvements.

Customer Focus: Understand the needs of internal and external customers as well as how to work in collaboration with them in order to meet their current and future needs. 

Communication: Able to receive, process and provide information from and to varying audiences.  Can read, write, listen, observe and can pick on subtleties. Pays attention to nonverbal cues and body language. High comfort level leading and speaking in front of large groups.

PHYSICAL DEMANDS/WORK ENVIRONMENT

The physical demands and work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 

Physical demands:  Requires an individual to sit, use hands and fingers, handle or feel, talk, hear and use of close and distant vision.

Work environment:  While performing the duties of this job, the employee may be exposed to weather conditions prevalent at the time; dust; heat; humidity, odors.