Assistant Financial Controller

Morgan Advanced Materials is a business rich in history and innovation. Founded in the UK in 1856, we have grown into a global organisation with 70 sites in 18 countries. Our model to serve our customers where they need us has led to a diversified product range using our unparalleled expertise in ceramic and carbon materials, which we exploit to solve difficult problems for our customers across a diverse range of markets.

We are a purpose driven organisation. Our purpose is to use advanced materials to make the world more sustainable and to improve the quality of life. We deliver on that purpose through the products that we make, and the way that we make them.

The Technical Ceramics business of Morgan Advanced Materials engineers high performance functional and structural ceramic materials, components and sub-assemblies to address customer-specific technical challenges.

Key Figures: Revenue £1,112m (2022), ~8,500 employees, manufacturing in 30+ countries, and a global customer portfolio. A UK PLC with head office located in Windsor, Berkshire UK.  Listed on London Stock Exchange; Member of the FTSE 250 Index.

Morgan Advanced Materials is a world leader in advanced materials development and production. We produce a wide range of specialist, high specification materials that have extraordinary attributes and properties. Despite the complexity of our technologies, our focus is simple – we supply innovative, differentiated products made from advanced materials which enable our customers’ products to perform more efficiently, more reliably and for longer. 

Morgan’s ultimate goals is:

• Make a big positive difference in creating a sustainable environment, inclusive, safe and fair workplace
• Delight the customer by getting it right for the customer each and every time
• Innovate to grow

Our largest facility in San Juan del Rio is in an exciting period of growth and looking for a professional who can support the finance team to take it to the next level.  Morgan is in process of implementing United Kingdom Sox program and upgrading its controls for the new expanded location.  The site is the largest manufacturing location in the Morgan Group within a year, it is a bright and pleasant environment. All employees at Morgan work in accordance with best practice and the Morgan Responsible Business Program, take an active part in delivering a high commitment to Environment, Health and Safety under Morgan’s global programs.

OVERVIEW & SCOPE OF ROLE

The Assistant Controller will carry out accounting, analysis, reporting and control activities for the site.  The Assistant Controller is responsible for the oversite of the accounting staff, ensuring that accounting practices, and procedures are maintained.

The Assistant Controller will be responsible for supporting the Controller and the overall financial activities for the division. The Assistant Controller is responsible for monthly and year-end closing and related reporting to the headquarters in the UK, journal entries, reconciliations, ensure the integrity of the general ledger and system, support monthly accounting reports to management.  The assistant controller will also support the maintenance and development of financial controls for the Certech Cores organization.  Interact with financial management and leadership regarding financial and operational information.

The Assistant Controller will work closely with the global finance teams to ensure important coordination on processes, information sharing, construction in process, supplier payments and other business-critical functions.

Essential Functions:

• Prepare and issue timely monthly and annual financial reports for internal and Corporate use. Support preparation of monthly forecast with actual information.
• Oversee 4 staff and support the Controller with finance activities (cost, accounting, AP, VAT recovery, Taxes)
• Prepare or review reconciliations of balance sheet accounts including Cash, Constructoin in Process, AP, Inventory, Fixed Assets VAT recovery, taxes and intercompany
• Analyze reconciliations, balances, variances and recommend corrective actions as needed
• Monitor and ensure the business maintains robust internal controls and documentation which will ensure compliance with financial regulations and group policies.

Interact with the warehouse & supply chain to assure the correct support and documentation process.

• Work with the finance team to develop efficient and effective reporting and processes for finance functions
• Interact with internal and external audit to support audits lead efforts to provide necessary records and respond to queries.
• Support annual budget preparation and reporting, including development of tools for future use.
• Coordinating with the controller to ensure legal/statutory compliance and tax efficiency for the MX operations.
• Prepare or ensure preparation of reports required by regulatory agencies as needed.
• Participate in annual physical inventory
• Assist requests for future software implementation
• Assist in the process of monthly savings reports T
• Other duties as assigned by Controller
• Initial 3-6 months will be learning the systems, support new processes arising from expanded business, formalize and reinforce the controlled finance process for materially correct financial statements
• Work with Site Managers to review cost variances and assist in developing mitigation plans.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Eight to ten years related experience/training
• Bachelor´s degree in Finance, Accounting (Licenciatura en contaduría)
• Experience of ownership of financial reporting and control working for a global multinational
• Experience in Mex GAAP and exposure to IFRS
• Experience of operational/manufacturing finance (e.g., financial control, cost accounting, variance analysis, etc.)
• Exposure to SOX compliance
• Highly analytical
• Proficient in Excel
• Prefer knowledge of JD Edwards or any other ERP
• IMMEX and Maquiladora awareness
• Import & Export awareness
• Working knowledge of English

     Additional Requirements:

• Effectively present information to management
• Ability to advise on finance and control matters
• Able to work cross functionally and a team player
• Respond to common inquiries from regulatory agencies, or members of the business community.
• Effectively present information to management
• Define problems, collect data, establish facts, and draw valid conclusions
• Able to get interaction and good communication skills with the rest of the organization
• Availability to reside in San Juan del Rio, Qro.

Physical Requirements:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. On site presence may be subject to safety and Covid policy

Morgan Advanced Materials is an EEO/AA/M/W/D/V Employer Ind-1