Location
Bloomington, MN | United States
Job description
About QTS
QTS offers critical end-of-line services for medical device OEMs including finished device assembly, packaging and sterilization management. QTS is part of the Cretex Medical family of companies. Learn more at and
Controller
Controller Ideal Candidate Profile
QTS is currently seeking an energetic, responsive and well-organized full time Controller that will be responsible for providing financial expertise and leadership to support the business, protecting the assets and interests of the Cretex shareholders. This position will serve as a strong business partner, providing financial leadership, guidance, and assistance to functional leaders. This position will also train and develop operating company accounting function staff. This position will be a hybrid work position within the state of Minnesota. Candidates MUST be located in Minnesota.
Controller Job Summary
- Assist with the annual operating plan process in partnership with the Director of Finance.
- Conduct financial and business analyses to identify potential problems and recommended solutions.
- Develop and maintain functional and business unit reporting processes that accurately describe the performance of key business and financial parameters.
- Work closely with functional and business unit leaders in conducting detailed financial and business analyses to identify potential problems, determine root causes, and recommend appropriate solutions.
- Provide guidance and oversight to Estimators and identify pricing risks, trends, and opportunities to optimize customer pricing.
- Negotiate pricing with customers, suppliers, and the internal sales team to drive profit margin improvements.
- Standardize internal financial reporting and work with other functional leaders to strengthen the financial acumen of the organization.
- Manage employee bonus program.
- Analyze capital expenditure proposals and ensure investments are supported by sound financial projections and plans.
- Partner with the supply chain team to develop inventory management policies to optimize inventory needs while mitigating risk.
- Ensure monthly and annual financial reports are completed accurately and on time.
- Lead annual R&D tax credit process.
- Lead annual financial audit process with a satisfactory outcome.
- Manage Capital Expenditure Approval process. Design and implement depreciation and fixed asset policies to ensure GAAP compliance and consistency between Cretex Companies
- Review and approve supplier payments.
- Design and maintain appropriate controls over accounts payable while identifying risks.
- Review and approve bi-weekly payroll cycle.
- Develop and maintain appropriate internal controls across all operations.
- Achieve satisfactory financial audit results by external and internal auditors.
- Monitor working capital improvement results and, where appropriate, ensure effective countermeasures are developed and implemented.
- Drive cost reduction initiatives across the company.
- Drive and support growth of company by identifying key investment opportunities.
- Maintain speed, accuracy, and productivity of transactional and closing processes.
- Assist operating management in identifying meaningful metrics (financial and non-financial) and methods to keep score.
- Implement internal review processes to identify performance gaps to plan, conduct root cause analyses, and implement countermeasures.
- Provide on-going analysis and reporting of inventory levels, turns, and E&O.
- Partner with the Operations group to ensure the successful and accurate execution of Cycle Counts and the E&O reserve analysis and disposition of obsolete inventory.
- Provide employees with goals, performance initiatives, areas of accountability, and training that are directly aligned with the goals of the company.
Controller Skills and Experience
- Bachelor’s degree in accounting.
- 5 years of experience in an accounting leadership role.
- 3 years of experience in a manufacturing environment.
- Accounting and financial management principles and regulations.
- Strong leadership and knowledge of accounts receivable/collections.
- Manufacturing cost accounting and financial analysis experience.
- Business and financial systems software.
- Problem analysis/solving.
- Project management, presentation and negotiation skills.
- Ability to consistently achieve short and long-term business results.
- Ability to work in a manufacturing environment.
Desirable Criteria and Qualifications
- Medical device manufacturing experience.
- Passed Certified Public Accountant (CPA) Exam.
- Contract manufacturing experience.
- Epicor ERP experience preferred. Strong knowledge of ERP and business systems.
- Experience implementing ERP and Enterprise Content Management systems.
What Is It Like to Work for QTS?
At QTS, we are passionate about quality as the services we provide have a direct impact on the quality of life for others and we pride ourselves on our culture and work environment. Here are some of things that employees have said about working at QTS:
- “I would describe my coworkers as kind and friendly.”
- “… I interned at QTS, then I went back to school… I was brought on as a shared service engineer, then I moved into a role with more customer interaction associated with it. All in all, a good, fun ride so far and I can’t wait to keep it going!”
- “Three words that I would use to describe QTS’s culture are: Respectful, Fast-paced, and Fun!”
We encourage you to explore the many opportunities that Quality Tech Services could offer you as an employee and as a valued team member.
QTS Benefits:
As a Cretex Medical company, QTS offers a full benefit package to its employees. Benefits include medical, dental, vision and life insurance options. QTS also offers a 401(k) retirement plan with employer match, profit sharing, short- and long-term disability insurance, paid time off and holiday pay.
QTS also offers company specific benefits, such as:
- Free Parking
- Employee Appreciation Events
- Volunteer Opportunities
- Training and Development opportunities
- Tuition Reimbursement
- Annual Flu Vaccination Clinics
Applicants will receive consideration for employment regardless of their race, color, creed, religion, national origin, sex, sexual orientation, disability, age, veteran status, marital status, family status, status with regard to public assistance, or any other protected status as required by law.
Our company uses E-Verify to confirm the employment and eligibility of all newly hired employees. To learn more about E-Verify, including your rights and responsibilities, please visit
Job tags
Salary
