Business Segment Controller

Ametek, Inc.
Norwood, Massachusetts
Apr 01, 2024
Apr 06, 2024
Work Mode
Full Time
Employment Type
Organization Type
AMETEK is a leading global manufacturer of electronic instruments
and electromechanical devices with annual sales of approximately $6 billion.

AMETEK is committed to making a safer, sustainable, and more productive world a reality. We use differentiated technology solutions to solve our customers' most complex challenges. We employ 18,500 colleagues, in 30 countries, that are grounded by our core values: Ethics and Integrity, Respect for the Individual, Diversity and Inclusion, Teamwork, and Social Responsibility. AMETEK (NYSE:AME) is a component of the S&P 500. Visit for more information.

About Us:

At AMETEK United Electronics Industries (UEI), we collect real-world data for the aerospace, energy and defense industries allowing our customers to build smart systems that are reliable, flexible and rugged. We provide a family of rugged chassis and extensive selection I/O boards that dominates the simulation, test and data acquisition markets.

Working at UEI, you will collaborate with innovative colleagues to create technology that changes the world. Enjoy the support, resources, and best practices that AMETEK has to offer while having the autonomy and flexibility to work on diverse teams and projects.

Job Summary:

The Business Segment Controller is an impactful leader and the site finance lead for the United Electronics Industries (UEI) business segment. This position will be responsible for all financial reporting and analysis functions, operations reporting, compliance, and implementation of process improvements for the site. This is a hands-on operational accounting role that requires strength in product cost accounting and inventory management in a manufacturing environment. You will be equally comfortable on the plant floor investigating production variances as they are creating and analyzing detailed balance sheet reconciliations. This position manages and coordinates the closure of financial systems and preparation of financial statements; coordination of monthly forecasts, working capital improvements and detailed financial analysis of products and customers, making recommendations for improved operating results. This role will also assist in monthly and quarterly financial reporting consolidation for the top-level business unit.

This role reports to the DVP, BU Controller.

Key Responsibilities:
  • Provide financial and business leadership for the site
  • Manage accounting and IT functions
  • Train, mentor, and coach the current team to be able to build a talent pipeline
  • Responsible for the month-end closing process
  • Responsible for the weekly/monthly orders, sales, profit & working capital forecasts
  • Review monthly journal entries and recons to ensure close timelines are met
  • Accountable for product costing and profitability analyses by customer and product
  • Responsible for all inventory management in relation to valuation (bill of materials, standard costs, and overhead rates), physical count accuracy and provisions for excess & obsolete inventory
  • Responsible for the completion of the annual operating budget
  • Providing financial leadership that leads to improved working capital management
  • Responsible for the reporting and improvement of various Key Performance Indicators (P&L, Balance Sheet & Cash) and cash management activities
  • Review capital expenditure requests to ensure within budget and capitalized timely
  • Assist in monthly, quarterly, and annual reporting packages for the top-level business unit
  • Oversee all compliance with both Internal & External Audits for the site
  • Implement finance/accounting changes to improve productivity and reduce costs
  • Responsible for implementing and overseeing a robust internal control environment and ensuring compliance with all SOX requirements
  • Actively promote safe working practices leading to an injury-free workplace

Minimum Qualifications:
  • Bachelor's degree with an emphasis in Accounting or Finance
  • 7+ years of relevant experience
  • Minimum 3 years of experience as a manager or above
  • Strong knowledge of GAAP, SOX, and ASC 606 - experience with monthly/quarterly closings; experience with compliance and documentation
  • Strong cost accounting skills

Desired Qualifications:
  • MBA and/or CPA preferred
  • Knowledge of Hyperion Financial Management is a plus
  • Operational experience in a manufacturing environment is highly preferred
  • A strong work ethic with a track record of achievement
  • Committed to achieving quality results through appropriate attention to detail and creativity; a disciplined problem-solving style; and a "hands-on" approach to work
  • Demonstrate a team player mindset with a positive attitude
  • Excellent verbal and written communication skills
  • Intermediate/advanced knowledge of Microsoft Excel and PowerPoint
  • Able to direct work with minimal supervision and towards multiple deadlines

What's in It for You:
  • Competitive compensation, holiday pay, and paid time off
  • Great benefits package that includes health, vision, and dental insurance
  • 401(k), plus matching
  • Flexible spending accounts (FSAs), health savings account (HSA) with AMETEK contribution, life insurance, disability insurance, and family medical leave
  • Employee referral program
  • Tuition reimbursement program
  • Employee assistance program
  • Exciting, fast-paced environment where you could make a true impact
  • Opportunities for career advancement within our business unit and across all other AMETEK business entities

Additional Details:

Location Information: This opportunity is based in Norwood, Massachusetts. Nestled in the heart of New England, Norwood is a charming town that effortlessly blends historical charm with modern amenities. With its picturesque landscapes and vibrant community, Norwood offers a delightful environment for residents and visitors alike. Whether you're exploring the serene parks, wandering through the historic streets, or savoring the local cuisine at quaint eateries, Norwood offers a rich tapestry of experiences. Just a short drive from Boston, Norwood provides easy access to both urban excitement and tranquil natural beauty, making it an ideal destination for those who appreciate the best of both worlds.

To learn more about our company and our job opportunities, visit us at:

To learn more about the business unit you'll be joining, visit us at: