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Finance Manufacturing Strategy Controller, CLS

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Date: Jun 3, 2021

Location: Tewksbury, MA, US, 01876

Company: Corning

Requisition Number: 46604

 

Corning is one of the world’s leading innovators in materials science. For more than 160 years, Corning has applied its unparalleled expertise in specialty glass, ceramics, and optical physics to develop products that have created new industries and transformed people’s lives.

Corning succeeds through sustained investment in R&D, a unique combination of material and process innovation, and close collaboration with customers to solve tough technology challenges.

Purpose of the Position:

  • Partners with the Division Capacity Manager, Director of Portfolio Strategy and Management and other division leaders to ensure appropriate management of capital expenditures and delivery of key financial, strategic and business objectives for the division including footprint analysis and recommendations. The division expects to deploy at least $500M in capital projects 2021-2025.
  • Ensures project managers and key stakeholders in the appropriations requisition process receives the appropriate type and level of Finance expertise and support to understand the financial viability of business cases and the implications on the achievement of strategic and operational goals.
  • Partners with the Division Manufacturing Program Manager to shape the short- and long-term strategies to extend flexible and agile capacities and capabilities for business growth.
  • Ensures the successful implementation of global Finance business programs, processes, and procedures in support of corporate, function goals and objectives.
  • Ensures entity compliance with local regulations, Sarbanes-Oxley requirements, Corning policies and procedures and US GAAP.

Key Responsibilities:

  • Partnering with commercial, manufacturing and Division leaders, identifies and assesses the financial implications (e.g. ROIC, IRR, PV/I, Payback, etc.) of manufacturing strategic investments, including capacity planning. Recommends appropriate actions to maximize financial performance.
  • Serves as the Division SME, Capricorn Finance SME and financial expert on matters pertaining to capital deployment strategy, spending policies and procedures. Establishes, disseminates and monitors adherence to best practices and expectations.
  • Manages division level capital spending to ensure timely and accurate completion of accounting activities, including fixed asset management.
  • Designs and implements actionable reporting and robust processes to monitor capital and project spending.
  • In conjunction with division leadership, develops monthly capital spending forecasts and its related impacts on manufacturing, revenues and balance sheet and cash flows, annual plans and five-year strategic plans. Monitors monthly results in comparison to forecast and plan and advise on course corrections as necessary.
  • Manages the capital approval process for appropriations request requiring Division and corporate level approvals.
  • Ensures appropriate support of divisional requirements and Corning Finance functions to include SEC and tax reporting.
  • Ensures a strong internal control environment. Comply with GAAP and Corning accounting policies. Maintain documentation in compliance with Sarbanes-Oxley Section 404.
  • Other ad hoc functions and projects as assigned in support of division and business objectives.

Education & Experience Required:

  • Bachelor's in Accounting, Finance, Business Administration or other technical degree.
  • Proven knowledge of US GAAP
  • 10+ years total experience; 5+ years of relevant experience
  • Experience in strategy development
  • Experience in cross-functional collaboration to achieve business objectives
  • Solid experience in financial and cost modelling
  • Working knowledge of fixed asset management

Desired:

  • CPA/CMA
  • MBA
  • Manufacturing support at a division/corporate level
  • 3+ years in a manufacturing environment
  • Experience with Sarbanes Oxley

Required Skills:

  • Strong business partnership skills to drive appropriate decision making across all areas of manufacturing strategy and capital management
  • Ability to challenge decisions and provide alternative recommendations
  • Strong interpersonal skills to develop influential relationships with corporate counterparts, business leaders and business customers at all levels of the organization
  • Ability to be creative in providing financial solutions to business leaders
  • Clear dedication to excellence and advancing beyond the current state
  • Strong communication and presentation skills
  • Knowledge of financial and management accounting, including systems, compliance and reporting requirements
  • Proven ability to embrace and drive change
  • Strong computer skills (Microsoft Office)
  • Ability to manage multiple priorities, meet deadlines and work proactively and independently in a fast-changing environment
  • Learning agility

Desired Skills:

  • Deep understanding of life sciences markets, regions, products and manufacturing process
  • Peoplesoft/SAP Experience

Travel Requirements:

  • 10-25%

This position does not support immigration sponsorship.

 

 

We prohibit discrimination on the basis of race, color, gender, age, religion, national origin, sexual orientation, gender identity or expression, disability, veteran status or any other legally protected status.

 

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.


Nearest Major Market: Boston