Business Unit Controller Job Description
Business unit controller
provides technical guidance, mentoring, and ensure consistent application of finance and accounting principles across Oracle and BU manufacturing sites world-wide.
Business Unit Controller Duties & Responsibilities
To write an effective business unit controller job description, begin by listing detailed duties, responsibilities and expectations. We have included business unit controller job description templates that you can modify and use.
Sample responsibilities for this position include:
Keeps books and accounting records of financial transactions for largest business unit
Responsible for monthly, quarterly and year-end accounting close activities, including transactions review and journal entries as needed
Ensure the consistent implementation of the Company’s accounting policies throughout the business or function, with particular attention to areas requiring judgement and estimation
Full financial responsibility for Commercial Construction business, including financial reporting, cost accounting, planning and forecasting and ensuring a robust control environment
Interpret, implement and monitor corporate policies and procedures, ensure financials are reported in compliance with Company Policy & Procedure U.S. generally accepted accounting principles
Provide guidance and support to the accounting team in Costa Rica for the month end closing activities and assist throughout the month with reporting as needed
Observe and implement Getinge Accounting Controls and policy / complying with IFRS
Financial management of an entire business department at Bridgewater, including planning, budgeting, reporting and analysis
Identification of financial risk areas and design/implementation of solution to those risks
Creation and delivery of department finance metrics
Business Unit Controller Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Business Unit Controller
List any licenses or certifications required by the position: CPA, CIA, CMA
Education for Business Unit Controller
Typically a job would require a certain level of education.
Employers hiring for the business unit controller job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Accounting, Finance, Business, MBA, Education, Economics, Business/Administration, Engineering, Manufacturing, Management
Skills for Business Unit Controller
Desired skills for business unit controller include:
SAP
BW and Peats systems would be an asset
GAAP
Excel
Accounting
Oracle
Single Family business
Accounting theory and application of financial and accounting principles
Corporate finance and manufacturing and distribution costing principles
Financial systems
Desired experience for business unit controller includes:
Coordination with Bridgewater’s core Finance Department as their primary liaison to a given department
Optimization of technology and business processes to increase overall efficiency and effectiveness
Delivery of subject matter expertise and thought partnership to department head on financial matters
Experience with trading, client services
3-4 years of experience within controlling or a similar role
Ease with key figures analysis and sensitivity to risk management
Business Unit Controller Examples
1
Business Unit Controller Job Description
Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of business unit controller. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for business unit controller
- Ensure compliance with internal financial and accounting policies and procedures
- Key financial lead in the development of the business plan including the tracking of trends to help forecast brand performance
- Identify, validate and quantify performance trends, issues and opportunities in the business by liaising with key stakeholders, including other financial departments, key customers and other groups across the organization, to provide insightful financial analysis
- As the main interface with business unit, will be responsible to support in resource allocation decisions in order to optimize spending and maximize returns for the business unit
- Perform year / month end close responsibilities for DCV BU / financial targets
- Assist with the annual CRTC returns
- Participate in the strategic decision making process by supplying the financial analysis to assist the management team in making fiscally responsible decisions
- Assist the SBU management team in establishing financial measures and addressing operational issues
- Work closely with Decision Support and Control in order to provide a high quality data / timely framework, the reliable measurement of selected key KPI's
- Key player in the Monthly Business Planning Process (esp
Qualifications for business unit controller
- High energy and a positive attitude, detailed oriented and a strong team leader
- Overseeing multiple entities is a strong plus
- Large ERP experience and intermediate to advanced in Excel
- Profession accounting designation of Chartered Professional Accountant (CPA)
- Must be a team player with strong interpersonal ability to manage virtual teams, work under pressure, manage tight deadlines and work overtime if required
- You have at least completed post higher professional education in the field of business economics
2
Business Unit Controller Job Description
Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of business unit controller. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for business unit controller
- Drives continuous improvement in accounting processes, systems and organization
- Partner with the business unit management team in achieving goals, executing strategy and meeting business needs thru the application of services provided by the accounting team
- Provide leadership, direction setting and managerial support to the accounting team
- Maintains a documented system of accounting policies and procedures
- Lead accounting activities for acquisition integration and due diligence
- Analyze and challenge factory performance based on key indicators (variances, level of fixed cost, ) and promote the culture of Return on Invested Capital / ATR on CAPEX related topics (whenever relevant) including Post Evaluation of Capex proposals
- Active role in people development and succession planning across NiM
- Support Strategic planning and decisions for the organization including but not limited sales (medium to long term), marketing strategy and pricing within primarily mature markets
- Prepare monthly, quarterly and annual financial analysis focusing on commentary and interpretation of SG&A and Sales performance to provide business insights
- Analyze Margin and Discounting trends to ensure that all parties within the sales process are in compliance with company policies
Qualifications for business unit controller
- You have good analytical skills and are able to separate main issues from side issues
- You have a critical and proactive attitude and strong communication skills
- Ambitious and have the will to develop further as a controller
- You are a team player who is also able to work autonomously
- 5 to 7 years pertinent experience in financial or business operations
- University degree in administration or accounting with a CA, CMA, CGA designation
3
Business Unit Controller Job Description
Job Description Example
Our growing company is hiring for a business unit controller. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for business unit controller
- Management and oversight of the local and remote team, including an accounting manager, staff accountants, and plant controllers
- Ensure month end is closed and financial results are reported in Cognos within the prescribed deadlines and all Product Mix Margin, Costs, P&L and BS analysis and reconciliations are completed and available for presentation to supply chain management
- Proactively lead, provide and present incisive analytical reviews / trending covering factory performance (in comparison with forecast / last year) on financial results and costs pertaining to factory / manufacturing activities to departmental heads and senior supply chain management on a weekly and monthly basis
- Leading the development and preparation of robust financial models for forecasts / budgets, covering sales / margin analysis, factory costs, fixed cost, detailed inventory, working capital assessment and other key business drivers impacting factory performance
- Reporting of forecast / budgets in Cognos and preparing budget review packs
- Strong ability to calculate production KPI’s and develop material and labor overhead rates as they pertain to router and bill of material structures, and monitor and report on monthly variances
- Ability to put together a business case for capital expenditures and proactive tracking of capital expenditures and highlighting variances together with ensuring fixed asset register is timely / actively maintained and calculating / tracking depreciation as per company policy
- Partner with IT to ensure systems operate as required
- Lead or assist on other responsibilities or special projects, as required by senior management
- Has budgetary planning authority for the BU
Qualifications for business unit controller
- 3 to 7 years of work experience in Accounting or Finance
- BA/BS/MBA in Accounting, Finance or Business
- Has Life Science Market Knowledge, Strong problem solving skills
- Willingness to learn company reporting tools and leverage their capabilities
- Experience with 3rd party distribution agreements is a plus
- Bachelor’s Degree in Accounting or Finance and 8 years of experience including 5 years’ experience in large corporate organization
4
Business Unit Controller Job Description
Job Description Example
Our company is looking for a business unit controller. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for business unit controller
- Drive Digital Value Creation (DVC) mapping and delivery partnering with key stakeholders
- Ensure fact-based discussion and direction-setting on all key business issues underpinning revenue growth, profitability, productivity
- Provide strategic guidance on critical initiatives (e.g., country-level strategy
- Drive annual planning process for the business establish strong performance management discipline
- Participate in key decisions as a member of management committee
- Ensuring financial discipline in investments and costs
- Directs the preparation and presentation of the annual budget and periodic forecasts
- Ensures timely and accurate monthly, quarterly and year end close processes
- Ensure adequate performance of cost, profitability and business analysis as directed by management to meet the business unit needs and profit targets
- Manage business unit internal and external audit compliance
Qualifications for business unit controller
- Demonstrable business acumen in addition to traditional finance skills
- Considerable exposure to working in a computerised environment
- Intelligence and the ability to analyse and explain issues
- Good people skills (motivation, development)
- Flexible and able to approach problems for more than one stance
- A robust and committed team player
5
Business Unit Controller Job Description
Job Description Example
Our innovative and growing company is looking to fill the role of business unit controller. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for business unit controller
- Manages the monthly closing process for all US door assembly locations
- Provides in-depth analysis on monthly and quarterly operating variances to Budget, Forecast, and Prior Year
- Leads and supports actions to achieve plant profitability and business plans, including development of contingency plans, productivity improvement initiatives and corrective actions
- Coordinates evaluation of capital projects and approval process when necessary
- Works with management and plant personnel to develop and report on key performance metrics, including providing education / training as necessary
- Develops financial models in support of new product introduction and various business initiatives
- Supports requests for information from internal and external auditors as required
- Maintains understanding of manufacturing systems information, will coordinate improvements with IT to upgrade costing processes and controls
- Project Controlling for all projects within the LBU
- Continuously develop Project Controlling processes within the LBU
Qualifications for business unit controller
- Experienced in working in a matrix managed environment a plus
- Proven ability to lead, manage, mentor and develop all levels of finance team
- Demonstrated experience interfacing regularly with professionals at all levels of the organization, from manufacturing floor to senior executive office
- Prefer 5-10 years of finance/accounting work experience (but not essential) with strong evidence of professional advancement
- Must have sound and diversified accounting experience, with strong background in product cost, financial planning, ability to perform analytical reviews and present findings to finance / non finance stakeholders
- Ability to connect shop floor activities to the high level finance numbers