Business Unit Controller - Amphenol Corporation

BUSINESS UNIT CONTROLLER       

THE COMPANY

Founded in 1932, Amphenol Corporation is one of the world’s largest designers, manufacturers and marketers of electrical, electronic and fiber optic connectors, interconnect systems, antennas, sensors and sensor-based products and coaxial and high-speed specialty cable. Amphenol has been on the forefront of enabling the electronics revolution by driving value through innovation and connecting people and technology. Amphenol designs, manufactures and assembles its products at facilities in the Americas, Europe, Asia, Australia and Africa and sells its products through its own global sales force, independent representatives and a global network of electronics distributors.  Amphenol has a diversified presence as a leader in high growth areas of the interconnect market including Automotive, Broadband Communications, Commercial Aerospace, Industrial, Information Technology and Data Communications, Military, Mobile Devices and Mobile Networks. Listed on the NYSE (APH) and a Fortune 500 company with sales of $12.5 Billion in 2023, Amphenol is a top performing company with an unparalleled history of growth. With 95,000 employees working at over 250 facilities in more than 40 countries, Amphenol has the unique advantage of having both diversified global reach while still being a focused organization. Our focus comes from our entrepreneurial management teams dedicated to specific markets and regions.

Amphenol’s business operations philosophy is based on a decentralized operating structure which emphasizes accountability down to the operating unit level. While these more than 130 operating units are arranged into fourteen business groups by primary market segment, reporting to a Group General Manager, there remains a high level of autonomy at each of the operating units, emphasizing individual responsibility.

THE DIVISION

Amphenol’s Sensor Business (i.e. Amphenol Sensor and Measurement Solutions Group - “ASMS” - and Amphenol Precision Sensors Group - “APSG”) comprises of 25 brands at 40 sites in 14 countries and has a total of 7,400 employees with world-class manufacturing capability around the globe. Amphenol’s Sensor Business accounts for US$1.3 Billion in sales with a total of 14 independent operating units (“businesses”) run by General Managers offering advanced sensing technologies and innovative embedded measurement solutions customized for the primary end markets of aerospace, automotive, healthcare, industrial and pharmaceutical validation and monitoring.

SSI Technologies (“SSI”) – acquired by Amphenol in 2019 – headquartered in Janesville, Wisconsin, USA, is one of 25 stand-alone P&L units of Amphenol’s Sensor Division. SSI is a leading supplier of ultrasonic level and fluid concentration, pressure, position, and speed sensors for the Industrial and Automotive markets. The company is headquartered in Janesville, Wisconsin, USA, with revenues of approximately $180 million. SSI operates manufacturing facilities in Wisconsin, China, Mexico, and the Czech Republic, with over 1,000 people worldwide.

POSITION SUMMARY

Directs and oversees accounting operations for the organization.

ESSENTIAL FUNCTIONS AND RESPONSIBILITIES

To perform this job successfully, an individual must be able to perform each Essential Function satisfactorily. The items listed below are representative of these essential functions for this role and may not be a comprehensive list of duties, responsibilities, or expectations.

• Strategic Financial Guidance:
• Establish, recommend, and advise the business General Manager on major economic objectives, trends and policies for the global business unit.
• Prepare and present comprehensive reports summarizing and forecasting business activity and financial position, incorporating past, present, and expected trends in income, expenses, and earnings.
• Lead the development and execution of detailed budgets and strategic forecasts to guide operational and financial performance.
• Advise the General Manager on comprehensive insurance coverage strategies to protect against property loss, potential liabilities, and business continuity risks.
• Direct the determination of depreciation rates for capital assets, ensuring optimal asset utilization and accurate financial reporting.
• Proactively advise management on operational adjustments to capitalize on tax code revisions and minimize tax burden.
• Arrange and oversee internal and external audits of company accounts, safeguarding financial integrity and ensuring compliance with regulations.
• Prepare and submit reports required by regulatory agencies, adhering to all reporting deadlines and requirements.
• Actively participate in monthly executive, departmental and site financial reviews, contributing financial expertise and insights to organizational planning and performance.
• Business Unit Financial Leadership:
• Establish and maintain robust accounting policies, systems, procedures, and special financial studies to optimize reporting, control, and decision-making.
• Manage the monthly accounting close process efficiently and effectively, producing accurate and timely financial results for the business unit.
• Analyze P&L statements and Balance Sheets for all manufacturing sites, identifying key trends, variances, and potential areas for improvement.
• Partner with the factory management teams to set and achieve financial goals, providing strategic guidance and collaborative support.
• Ensure the integrity of the company's global inventory through effective controls and analysis, optimizing inventory levels and minimizing COGS (cost of goods sold) in accordance with US-GAAP.
• Manage key performance indicators (KPIs) across the business unit, utilizing data-driven insights to support cost reduction, improve profitability, and inform strategic decisions.
• Develop and oversee the forecasting and budgeting process for P&L (including direct material, labor, and overhead costs) and Balance Sheet (including fixed assets, inventory, and accounts receivable).
• Analyze and manage the production costs of the business unit, identifying and implementing cost-saving initiatives to enhance operational efficiency.
• Manage and control fixed assets and accounts receivable, ensuring optimal asset utilization, efficient collection processes, and healthy cash flow.
• Review and evaluate all commercial financial documents and agreements for the business unit, including lease agreements, quotations, contracts, capital purchases and escalate and obtain further approvals where necessary.
• Deepen understanding and adherence to all applicable company practices, policies, and procedures, maintaining strong internal controls and regulatory compliance.
• Team Management & Development:
• Manage the capabilities of the global accounting and finance staff within the business unit, providing leadership, mentorship, and ongoing training opportunities to support continuous improvement.
• Coordinate and deliver coaching and skill building focused on relevant accounting principles, industry best practices, and company-specific procedures.
• Delegate tasks effectively and empower the regional teams to take ownership of their responsibilities and contribute to overall success.
• Actively participate in corporate events and network with other business unit controllers

ADDITIONAL RESPONSIBILITIES:

• Maintain strong relationships with internal and external stakeholders, including senior management, operational teams, auditors, and regulatory agencies.
• Stay updated on industry trends and best practices in financial management, benchmarking performance and adopting innovative solutions.
• Adapt to the dynamic business environment of the automotive and industrial components industry, demonstrating agility and proactive problem-solving skills.
• Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws. Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.
• Individuals directed by management to operate a vehicle for work purposes will observe the requirements of the Fleet Safety Program.
• Support, promote, and perform in a manner consistent with continuous improvement goals and the values of SSI Technologies, LLC. which includes following the policies, procedures, and requirements of our Quality Management and IS0 14001 Environmental Management Systems.
• All other duties as assigned by your supervisor.

QUALIFICATIONS AND EXPERIENCE

• Bachelor's Degree in Business, Accounting or Finance
• Proficient in Microsoft Office Applications. Advanced in Excel.
• Previous ERP System experience.
• 5 years of experience to be considered, preferred in a manufacturing environment.

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