Plant Controller

NatureWorks Asia Pacific Co., Ltd. (Nakhon Sawan)

Nakhon Sawan, Thailand

NatureWorks is an advanced materials company offering a broad portfolio of renewably sourced polymers and chemicals to the packaging, polymers, fibers, and chemicals markets. With performance and economics that compete with oil-based plastics and fibers, naturally advanced Ingeo™ polymers are valued for their unique functional properties and are used in consumer products from coffee capsules and electronics to diapers and wipes. and in larger applications like 3D printing materials. NatureWorks is jointly owned by Cargill and Thailand’s largest, and ASEAN’s leading, integrated petrochemical and refining company, PTT Global Chemical.

About this position

The Plant Controller will lead the inventory accounting and cost of goods reporting activities for the Company, ensuring accuracy in inventory levels and developing processes in inventory, costing, and freight accounting.

Responsibilities

PRINCIPLE RESPONSIBLITIES:
• Lead and provide oversight to the accounting for the plant.
• Establish and maintain inventory standard cost estimates, bill of materials, and material master data in the ERP system.
• Oversee the reconciliation and analysis of monthly manufacturing and inventory activity along with calculating actual inventory costs.
• Analyze inventory variances and manufacturing cost centers to identify any potential issues prior to closing and report on unusual spending. Understand root cause and drive for corrective action.
• Ensure accuracy of inventory through coordinating and completing periodic counts and reconciliations.
• Work with the manufacturing team to reduce slow moving, obsolete, or damaged inventory and establish any necessary reserves.
• Participate in plant team meetings as the primary accounting interface.
• Manage and execute month-end, quarter-end, and annual close duties, including accruals and reviewing financial information to ensure the financials are accurately and timely reported.
• Prepare journal entries and periodic balance sheet reconciliations.
• Responsible for the accounting of a specific manufacturing plant including complete oversight of the manufacturing cost centers and inventory balance sheet accounts.
• Manage the Fixed Asset Process.
• Prepare various reports and surveys for governments or other external parties and perform additional ad hoc analysis and reporting, as requested.
• Actively involved in reviewing and ensure adherence to and effectiveness of internal control, integrity of financial information and compliance in own area of responsibility. Create or modify internal controls as necessary.
• Research and application of technical US GAAP and IFRS requirements. Identify and lead continuous improvement initiatives.
• Acts as a liaison between Company and external audit firms in completing requests of information for periodic audits.
• Facilitate internal and external audit needs e.g., physical inventory inspection etc.
• Actively involved in maintaining and understanding operations of the account.

Requirements

• Strong understanding of accounting principles and practices.
• Experience with ERP systems and inventory management.
• Ability to analyze financial data and prepare reports.
• Excellent communication and interpersonal skills.
• Strong organizational and time management skills.
• Ability to work collaboratively in a team environment.
• Knowledge of US GAAP and IFRS standards.