Sandvik Coromant is looking for an experienced
Assistant Controller
Location: Mebane, NC
Sandvik Coromant is part of the global Sandvik engineering family of companies and is at the forefront of manufacturing tools, machining solutions, and knowledge that drive industry standards and innovations. Educational support, extensive R&D investment and strong customer partnerships ensure the development of machining technologies that change, lead, and drive the future of manufacturing.
We are looking for a dynamic and results-oriented Assistant Controller to join our team!

EXPERIENCE

• Minimum of 2-3 years practicing accounting and finance support required
• Minimum 2-3 years in cost accounting required
• Minimum 2-3 years in manufacturing environment required
• Experience in financial closing cycles
• Experience developing financial models and capital expenditure models

EDUCATION

• Bachelor’s degree in accounting or finance required, MBA preferred

OTHER INFORMATION

• Must be authorized to work in the United States
• Global travel may be required
  More about Sandvik
  At Sandvik Coromant, we are driven by a passion for excellence in everything we do. As we see it, sustainable success is a team effort and working together and sharing expertise are vital to us, which is why we highly value our active, ongoing collaboration with customers around the world. Sandvik Coromant owns over 3,100 patents worldwide, employs over 7,900 staff, and is represented in 150 countries.
  Our national headquarters and primary production unit is in Mebane, NC. Renovated in 2021, the facility houses nearly 60,000 square feet of production space with over 100 employees.
  Sandvik offers a comprehensive total compensation package including a competitive benefits package of life, health, dental, and disability insurance, paid time off, paid holidays, parental leave, mental health coaching, and a 401(k)-retirement savings plan. In addition, we provide opportunities for professional competence development and training, as well as opportunities for career advancement.
  How to apply
  For immediate consideration, please apply to the Assistant Controller position, Job ID: R0076486
  At Sandvik Coromant, we believe that diversity of experience, perspective, and background leads to a better environment for our employees, our business, and our customers. We’re looking forward to meeting you!
  Sandvik is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law. Any applicant who, because of a disability, needs accommodation or assistance in completing an application or at any time during the application process should contact Human Resources at
  HRsupport.us@sandvik.com. Sandvik also provides reasonable accommodations to employees with disabilities consistent with its obligations under the law

• Collaborate with Business Controller to create and implement annual standard cost update and annual budget and update of quarterly forecast.
• Collaborate with Corporate reporting global group on Monthly, Quarterly and Annual reporting timing and data requirements.
• Ensure accuracy of financial reports to Managers and provide strategic guidance on department spending and utilization of assets.
• Oversee data entry and interpret accounting data to create and reconcile monthly, yearly or quarterly financial results and budgets.
• Collaborate with Business Controller and Senior Management on weekly and monthly standard cost variance analysis
• Follow-up on cost savings initiatives, interpret and report weekly and monthly standard cost variances to Management.
• Collaborate with Engineering to maintain accuracy of product standard cost on BOM and routings and approve process changes to standard cost.
• Collaborate with Make to Order group on accuracy of estimated cost and advise Management to increase profitability.
• Consult with Business Controller and Senior management to identify accounting issues and implement procedures to ensure compliance to GAAP reporting.
• Support profitability analysis preparation and validation of business cases and investment proposals and active contributor in future investment strategies.