Controller - Olive Branch, MS

Job Overview

Based in Olive Branch, MS and reporting directly to the Hubbell Utility Solutions Power Brands Controller will have responsibility for accurate, timely, transparent financial accounting, reporting and internal controls over financial reporting for the DMC Power business. This position will oversee the monthly closing cycle across DMC Power and will be responsible to interface regularly with the HUS Group finance and controllership leaders to articulate results with clarity and transparency and maintain a strong controls environment.

The DMC Power Controller is responsible for the SOX 404 internal control environment within the DMC Power business unit and must collaborate with the HUS Group as well as the Corporate Controller’s Team to ensure proper SOX 404 compliance and continuous improvement in this critical area. This high-profile role will also serve as a key interface between the Hubbell Utility Solutions Controllership team and Finance leadership teams, to ensure objectives are met and internal customer requirements are satisfied on a regular basis.

The DMC Power Controller will be responsible to partner with FP&A team and other functional areas of the business to ensure the delivery of value-added business analysis and meaningful financial and operational metrics that lead to insightful, accurate, timely business decision-making. This position is also responsible for monitoring, controlling, analyzing and reporting on all restructuring initiatives, including project economics and savings validation. In addition, this role is required to support acquisition integration, particularly finance integration initiatives and activities, and for delivering SOX 404 compliance for newly acquired businesses.

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A Day In The Life

• Principally responsible for accurate, timely, transparent financial accounting and reporting in accordance with Hubbell standards, Policies & Procedures, U.S. GAAP and required timelines.
• Along with HUS VPF, this position is the key finance leader responsible for SOX 404 compliance and for the initial and ongoing design and operational effectiveness of all internal controls over financial reporting.
• Provide strong leadership, oversight, supervision and guidance to DMC Power financial accounting, reporting and control team and ensure timely accurate delivery of all monthly, quarterly and annual financial information, including balance sheets, income statements, cash flows and other financial analysis, key metrics and operating results.
• Continuous oversight and maintenance of accurate balance sheets, income statements, and statements of cash flows for DMC Power and ensure all balance sheet accounts are fully supported each month and properly reconciled in accordance with company Policy & Procedures and in accordance with Blackline standards on a monthly basis.
• Responsible to deliver robust and insightful Onestream-based balance sheet fluctuation analysis for DMC Power.
• Champion for ASC 606, including oversight of Revenue controls and involvement with the reviews of all significant revenue contracts with customers to ensure appropriate revenue recognition in accordance with Hubbell Policy & Procedure and in accordance with ASC 606.
• Monthly oversight of all key reserves (Warranty, E&O, Contra-A/R, inventory shrink, restructuring, etc) include ongoing assessments of warranty activity and reserves.
• Oversight of equipment capitalization, depreciation, and ongoing impairment assessments.
• Ensure the company operates to high standards of corporate governance and follows all financial and regulatory requirements of a U.S. public company.

What will help you thrive in this role?

• Bachelor’s degree in Accounting, CPA or CMA preferred
• 10+ of progressive experience in Controllership activity, with at least 8 years in a leadership role.
• Ability to motivate, energize, manage, mentor and develop performance of staff.
• Ability to lead organizational changes with accounting staff.
• Responsible for on-going compliance with and maintenance of the Signature Authority Matrix, as well as training and ongoing support in this critical area.
• Collaborate with HUS Controller’s Group and provide annual support for impairment testing and definite lived intangible asset testing.
• Consult regularly with the HUS Controller’s group and provide strong technical accounting and reporting support to DMC Power accounting professionals that execute monthly, quarterly and year-end financial closing and reporting process.
• Serve as accounting policy champion within DMC Power and ensure proper compliance, training, roll-out, maintenance, and also serve on Corporate
• Finance Policy sub team to represent DMC Power.
• Oversee and manage DMC Power general accounting, cost accounting function, including inventory and fixed asset accounting.
• Oversee quality and accuracy of all work performed by OHF in support of DMC Power (A/R, Accounting, A/R, T&E, Credit, etc).
• Ensure that the financial reporting processes are in accordance with U.S. GAAP and the Company’s Accounting Policies & Procedures.
• Maintain appropriate internal controls throughout DMC Power to adequately safeguard the assets of the company and to identify and address potential risks in a timely manner.
• Support complex accounting matters that impact the business, partnering with HUS Segment Controller and Power Brands Controller as well as the
• Corporate Controller’s team as necessary, and support special projects as needed by senior management.
• Partner with IT to ensure all systems impacting financial reporting are SOX 404 compliant (e.g. User access reviews, Segregation of Duties, system configuration, etc).