Controller
POSITION SUMMARY
The Controller is responsible for leading all accounting operations and ensuring the integrity, accuracy, and timeliness of the Company's financial reporting. This position oversees general accounting, financial reporting, budgeting support, internal controls, treasury activities, audit coordination, tax compliance, and ERP financial processes. The Controller serves as a strategic business partner to executive leadership, providing financial insight that supports operational and business decisions while ensuring compliance with U.S. GAAP and regulatory requirements.
KEY RESPONSIBILITIES
Lead all day-to-day accounting operations including General Ledger, Accounts Payable, Accounts Receivable, Payroll accounting, Fixed Assets, Inventory accounting, and Cost Accounting.
Manage monthly, quarterly, and annual financial close processes.
Prepare accurate financial statements in accordance with U.S. GAAP.
Review account reconciliations and ensure timely resolution of discrepancies.
Maintain accounting policies and procedures.
Oversee standard costing, inventory valuation, and manufacturing cost accounting.
Analyze labor, overhead, and material variances.
Support inventory cycle counts and annual physical inventories.
Partner with Operations to improve manufacturing profitability.
Develop and maintain strong internal controls.
Ensure compliance with accounting standards and company policies.
Cook up annual external financial audits.
Manage tax filings through outside tax advisors.
Maintain documentation supporting financial controls.
Monitor cash flow and liquidity.
Manage banking relationships.
Oversee treasury activities and working capital.
Support capital expenditure planning.
Lead and mentor the accounting team.
Establish department goals and performance expectations.
Improve accounting processes through automation and continuous improvement.
Support ERP optimization and financial system enhancements.
Collaborate with Operations, Engineering, Sales, HR, and Supply Chain.
Analyze financial performance against budgets and prior year.
Assist executive leadership with annual budgeting and forecasting.
Assist with special projects.
MINIMUM QUALIFICATIONS
Bachelor's degree in Accounting or Finance
Eight years of progressive accounting experience
Three years’ experience in a Controller or Accounting Manager leadership role
Manufacturing industry experience required
Strong knowledge of: U.S. GAAP Cost accounting Inventory accounting Internal controls Financial reporting
Advanced Excel skills
Experience leading audits
Experience with ERP systems (NetSuite preferred)
Excellent analytical, organizational, and communication skills
PREFERRED QUALIFICATIONS
CPA strongly preferred
Multi-entity accounting experience
International accounting exposure
Experience supporting global operations
Experience with ERP implementations or system upgrades
Power BI or financial reporting dashboard experience
ABOUT US
Magswitch is a global leader in magnetic lifting solutions. We design and manufacture advanced magnet technologies that help industrial and automation customers improve material‑handling safety and efficiency. Our products are widely used in automotive assembly and other automation heavy industries with manufacturing operations worldwide.
COMPENSATION AND BENEFITS
We offer a highly competitive compensation package designed to support your health, well-being, and financial security. Our comprehensive benefits include:
Medical, dental, and vision insurance
Retirement plan with 401(k) matching
Paid time off
Paid leave programs
Health Savings Account (HSA)
Flexible Spending Account (FSA)
Basic and Voluntary Life insurance
Short- and Long-term disability insurance
Employee Assistance Program (EAP)
Employee referral program
Tuition reimbursement
This policy applies to all aspects of employment, including recruitment, hiring, placement, promotion, compensation, benefits, training, and termination.