Martinrea International Inc.
  • 03-Aug-2021 to 02-Dec-2021 (EST)
  • Tuscaloosa - Alabama
  • Tuscaloosa, AL, USA
  • Open
  • Salary
  • Full Time

Medical , Dental, Vision, 401K, Vacation, Supplier Discounts


Martinrea is a diversified global automotive supplier engaged in the design, development and manufacturing of metal parts, assemblies and modules, complex fluid management systems and aluminum products. We employ approximately 15,000 skilled and motivated people at manufacturing, engineering and technical centers in Canada, the United States, Mexico, Brazil, Germany, Slovakia, Spain and China. Our business strategy leverages world-class technologies, motivated and talented people, and high-quality products.

Our Mission is to make people's lives better by:

  • Delivering outstanding quality products and services to our customers;
  • Providing meaningful opportunity, job satisfaction, and job security for our people;
  • Being positive contributors to our communities; and,
  • Providing superior long-term investment returns to our stakeholders.

Our strength is our people

We invite you to follow your dreams and explore a challenging and rewarding career at Martinrea.


Job Summary: The Assistant Plant Controller is responsible for accuracy and integrity of all financial information concerning plant activity. This is accomplished through active management of financial policy and internal controls for the assigned plant.


Required Education and Experience:

  • Bachelor's degree in Accounting or Finance
  • Completion of a recognized Account Designation preferred (CPA, CA)
  • A minimum of 3 years of hands-on experience in a decentralized manufacturing environment with Manufacturing Ops Accounting/Finance; automotive experience is preferred
  • Proven leadership and problem solving skills
  • An independent critical thinker who displays attention to detail
  • Excellent organizational, interpersonal and time management skills with the ability to multi-task
  • Experience in working in an AS400 environment (CMS or Solarsoft experience is preferred)
  • Advanced knowledge of Excel and Access
  • Working knowledge of Bill 198 internal control preferred (SOX knowledge required)

Critical Success Factors:

  • Demonstrates focus and drive to achieve targets, budgets and results.
  • Desire to understand the business, providing accurate and timely information to the Controller, taking the initiative to identify and implement costs saving projects that will assist in improving the overall profitability of the plant.
  • Desire and ability to learn about the business and understand the production process by regularly walking through the production floor to develop the necessary link between the production processes and the financial statements.
  • Educate and train departmental staff and hold them accountable.
  • Clearly communicate weekly, monthly, quarterly and annual financial results to the general manager and Corporate including explanation of variances of actual compared to forecast/budget.
  • Effectively manage and take complete ownership and control of the finance/accounting department with respect to month-end reporting as well as day-to-day activities.
  • Proven self-starter, who requires limited supervision and direction, yet achieves tasks and overcomes problems and provides effective direction and development for staff.
  • Adopts an active approach and a perpetual willingness to get personally involved in order to increase the pace and efficiency and achieve departmental, plant and Company goals and objectives.
  • Consistently thinking beyond the borders of finance to help create a culture of continuous improvement.
  • Embraces the challenge of problem solving and identifying and implementing well thought through practical solutions.

Essential Functions:

  • Assist Controller in the preparation of the bi-weekly full financial forecasts (P&L, Balance Sheet & Cash flow) and financial bridge analysis.
  • Complete month-end, quarter-end, annual and year-end processes including:
    • Preparation of assigned account reconciliations and analysis to support financial statements.
    • Assist Controller with preparation of the financial bridge to explain monthly/quarterly actual results variances to budget/forecast.
    • Manage and record journal entries for Inventory and other accounts as assigned.
    • Assist in the data extraction to support the preparation of standard corporate reporting requirements including AR Aging, Head Counts, and Capital and Tooling balances by program in a timely manner.
    • Support and assist in the co-ordination of external and internal audit requirements.
    • Assist preparation of year-end audit package.
    • Assist in preparing the annual budget for the plant.
  • Implement and maintain internal controls at the plant to ensure compliance with the Bill 198 requirements.
  • Assist the Controller with the local annual external audit by completing the Corporate audit kit with all the required supporting reconciliations and documentation, ensuring that no audit adjustments are identified during the audit.
  • Provide all the necessary information to the internal audit department during their audit and immediately address any concerns that are identified.
  • Oversees the financial functions at the plant, including cash and back, accounts receivable, inventory, capital assets, accounts payable, inter-company transactions and other related accruals and receivables.
  • Process in ADP, Bi-Weekly Payroll and prepare JE.
  • Proactively provide continuous improvement ideas relating to both financial and production processes.
  • Provide visibility and insight of business operations to management through data analysis driven by exceptional excel/dash-boarding abilities to support management decision making. Including the analysis of overheads, earned vs. available labor hours, inefficiencies (scrap, overtime premium freight, etc.) to drive profitability.
  • Work closely with Controller in working with departmental heads to identify any inefficiencies in processes and potential cost saving initiatives including freight costs savings, outsourced production parts savings, improvements in inventory management, reduced scrap and develop and lead projects to ensure timely realization of the identified costs savings.
  • Design, prepare, and maintain daily, weekly & monthly KPI's to provide enhanced feedback and accountability to the management team.
  • Assist in the analysis and maintenance of standard costs including:
    • Analyzing the financial impact of proposed changes to the bill of materials.
    • Performing labor, overhead and cycle time studies to improve the accuracy of the bill of materials.
  • Thoroughly understand all capital spending projects prior to submitting to Corporate for review and approval, including payback calculations. Collect and review all information required for capital requests, ensuring all local approval has been received.
  • Process all capital assets disposals and MRE Divisional transfers.
  • Maintain the capital assets module of CMS and reconcile to the GL.
  • Maintain all capital assets binders and maintain monthly CIP schedules.
  • Assist Materials and Accounting departments with both Production and MRO Physical Inventories.
  • Preparation of slow-moving inventory reporting and LCM analysis.
  • Tooling project tracking, reconciliation, report preparation/distribution and coordination of monthly meetings with Engineering
  • Assist Controller on the design, development and maintenance of complex scenario based financial models to support forecasting and budgeting activities within the plant including:
    • Forecasted Sales and Material by Customer/Program/Destination using multiple demand inputs including Customer Releases and Industry Vehicle Volumes.
    • Labor/Manning models to appropriately flex manpower to match customer demand levels.
    • Other account based data extraction models to support analysis and understanding of spending and consumption trends.
    • Cash flow modelling to understand future cash requirements and optimize working capital.
  • Complete performance appraisals for subordinates ensuring continuous development of staff.
  • Provide support and contribute to the quality and environmental requirements and regulations as well as the implementation and maintenance of Martinrea Manufacturing Systems at the plant.
  • Abide by all Company polices including, but not limited to the following: Health and Safety, Quality and Environmental Systems, Human Resources policies, and the Martinrea Employee Handbook

Work Environment:

  • 80% office, 20% plant floor (PPE required)

Physical Demands:

  • Desk work.
  • Constant communication with employees, peers, management, suppliers and customers.
  • Overtime as required

Health and Safety:

  • Must work in accordance with Health and Safety regulations, Company and plant rules, policies and procedures
  • Must use or wear Personal Protective Equipment and certain clothing as required by the Company

Other Duties:

  • This job description is not designed to contain a comprehensive list of duties and responsibilities required for this job. Duties and responsibilities may change at any time with or without notice

Benefits:

  • Working in a great team environment.
  • Medical, Dental and Vision Insurance.
  • 401K with company match.
  • Short-term and long-term disability coverage.
  • Safety shoe and prescription safety glasses reimbursement.
  • Supplier discounts.
  • Tuition reimbursement and training opportunities.
Martinrea International Inc.
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