Operations Controller, Ohio Medical

Job description

Job Description: Ohio Medical is a global leader in medical air and vacuum pumping systems, suction, and oxygen therapy devices. Our trusted brands, including Ohio Medical and Amvex, offer cutting-edge solutions such as suction regulators, air and oxygen flow meters, pumping systems, and portable suction equipment. Operating in an FDA-regulated facility, we adhere to ISO 13485, ISO 9001, and NFPA 99 standards, ensuring high-quality and reliable products that meet global regulatory requirements. Headquartered in Gurnee, IL, we take pride in our commitment to patient safety, innovation, and quality products. With a history dating back over 100 years, Ohio Medical has shaped the medical industry. In 1910, we manufactured one of the first anesthesia gas machines, The Ohio Monovalve, which was extensively used during World War I. Our legacy includes innovations such as the Push-To-Set™ (PTS) suction regulator and advancements in medical gas and oxygen therapy. In 2022, Ohio Medical joined The ESAB Corporation, furthering our mission to deliver innovative, high-quality products that prioritize patient safety. Join a team where history meets innovation and make an impact on the future of healthcare. Your Opportunity: The Operations Controller is a key position supporting the Regional Finance Director Americas managing the inventory and partnering with cross-functional teams to identify and implement strategies that will reduce costs and increase plant productivity. A primary responsibility of this position is to identify trends and opportunities within the business to support targeted inventory levels and minimize obsolete inventory. Key Responsibilities: Be the “Right Hand” to the Regional Finance Director Americas in managing inventory levels, and ensuring inventory is costed correctly for Ohio Medical. Responsible for maintaining company’s costing standards including quarterly/annual cost rolls, assigning/updating burden rates, allocation of overhead expenses to product lines, and partnering with Supply Chain & Operations team to ensure accuracy and transparency in product costing. Analyze cost for inventory, labor, material purchases, and variance analysis and recommendations for improvement. Partner with the COO and Operations Team to complete and review inventory reporting for actuals and forecast. Provide applicable analysis and commentary and explain actual variances to established benchmarks and support senior leadership business decisions to reach specified operational metrics. Along with the Regional Finance Director, partner with the Operations Team to identify cost savings initiatives and projects to enhance plant productivity metrics. Partner with applicable teams to optimize inventory, decrease excess and obsolete inventory, and prepare reporting to monitor metrics and achieve company targets. Identify and implement improvements in the management reporting process to drive best practices into and across the finance organization. Create and manage effective financial and operational metric system to provide management with concise information regarding “real time” company performance with respect to inventory. Prepare ad-hoc analysis and reports as needed in support of both internal and external reporting. Review CAPEX projects, prepare financial valuations, and present to senior leadership for review/approval Ensure that inventory is being reported in compliance with GAAP and SOX regulations, including performing monthly/quarterly reconciliations and communicating applicable adjustments to senior leadership for review/approval. Possess and promote a continuous improvement mindset throughout the finance and business organizations, partnering cross functionally to enhance current processes and drive results. Requirements: 7+ years of relevant experience 3+ years supervisory experience Strong knowledge of SOX and GAAP principles/regulations Manufacturing; must have significant cost accounting experience Familiarity with ERP systems, Epicor is a plus Bachelors’ Degree Required in Accounting/Finance required, MBA is a plus CPA/CMA highly preferred Ability to multi-task and work well under pressure while meeting deadlines in a fast- paced environment. The ability to process large amounts of numerical data. Proficiency in Microsoft Excel and ERP Systems Knowledge of, and hands on experience in continuous improvement initiatives. Excellent analytical and problem-solving skills. Strong management and leadership skills. Effective communication skills. Detail-oriented. Excellent verbal and written communication skills Equal Employment Opportunity (EEO) As an equal opportunity employer, we do not discriminate against any associate or applicant for employment because of sex, color, race, ethnicity, sexual orientation, gender identity, physical or mental disability, age, pregnancy (including childbirth, lactation, and related medical conditions), religion, military/veteran status, national origin, marital status, family or caregiver responsibilities, or any other characteristic or status protected by law. Learn about our benefits here: Ohio Medical Employee Benefits Pay Range: $119,676.00-$139,559.00