20805 Eaton Ave Farmington Minnesota 55024-7932
Why Valmont
We’re Here to Move the World Forward.
Valmont impacts millions of people around the world every day, yet they might not realize the many ways. Our technology is helping feed the growing population, supplying the world with more reliable energy and access to renewables, enhancing connectivity in remote and urban locations to create a sustainable future and so much more. Simply put, Valmont is advancing agricultural productivity and reimagining vital infrastructure to make life better.
Join a Fortune 1000 company that respects hard work, honors diversity and invests in our employees as we focus on creating the world of tomorrow, today . We are the modern workforce . Are you ready to move the world forward? Apply now.
Anticipated Compensation Range: $112,300-$140,200
A Brief Summary of This Position:
This position is accountable for the analysis and reporting of site financial data including sales, cost of sales, margin analysis, inventory valuation and reconciliation, manufacturing performance, manufacturing variances, income statements, balance sheets, operational variances, capital expenditures, forecast/planning and special projects. The individual is expected to prepare and analyze the site’s annual financial plan, as well as develop, review and maintain control procedures regarding financial and operational controls of the business unit and prepare/review monthly general ledger account reconciliations.
Essential Functions:
This position reports to the North America Controllership Director with dotted-line responsibilities to the Plant Manager
The position supports two small plants, generally with revenue of $75M or less
The site controller manages one direct report, the site accounting associate
Prepare monthly/quarterly/annual financial statements, business activity reports, financial position forecasts, annual budgets, and/or reports required by regulatory agencies
Establishes rigorous and disciplined accounting and internal controls. The incumbent is responsible and accountable for: Ensuring financial statements (income statement, balance sheet, cash flows) are compliant with US GAAP and accurate without exception
Adherence to all Valmont financial policies
Accurate inventory valuation including periodic cycle counts and valuation in compliance with FIFO, accurate standard costs, accounting for standard cost variances, and inventory reserves compliant with Valmont policy
Accurate and timely customer invoicing
Revenue recognition in accordance with US GAAP
Receivables valuation including maintenance of subledgers, reconciling items and reserves in compliance with policy
Warranty accruals, reflective of known and/or expected failures and costs to remediate
Expense accruals
Payables, accrued liabilities and debt balances
Balance sheet reconciliations, including maintaining records of the supporting detail and business activities that validate the balance sheet amount
SOX controls. Includes ensuring all controls have an owner and are self-tested.
Ensure all journal entries are properly supported and documented
Collaborate closely with the site operations finance/controllers to build out reporting for daily, weekly, and monthly needs related to various operational measurements.
Manages working capital Works with operations to manage inventory, ensuring material is ordered when needed and supported by documented sales orders, contract or forecasts
Works with the business to ensure working capital is sufficient to fund best-in-class business as well as cognizant of need for cash flow
Assist in preparing, implementing, and monitoring the Annual Operating Plan and various financial reports/statistics to ensure adherence to short and long-range financial goals. Monitor performance to plan throughout the year and communicate variances to Plant Manager and site operational staff
Administer policies and procedures supporting the Plant Manager and operational staff to…