Controller

Companies Supported: Lake Park Tool & Machine (LP) | Kind Special Alloys US (KSAUS) Reports To: President & CEO Location: Youngstown, Ohio (single office supporting both entities) Employment Type: Full‑time, exempt

Position Overview

The Controller is the top financial executive for two complementary businesses:

- Lake Park Tool & Machine – a precision machine‑shop specializing in large‑format CNC machining for extrusion tooling and related components. - Kind Special Alloys US – a premium tool‑steel distribution facility supplying extrusion, die‑casting, forging, and stamping industries across North America.

You will lead all accounting, finance, and administrative functions—driving data‑based decisions, safeguarding assets, and supporting profitable growth. The ideal candidate combines hands‑on controllership rigor with strategic financial vision in an industrial environment.

Key Responsibilities

Area * Core Duties

Financial Leadership

- Own monthly, quarterly, and annual close for both companies (US GAAP).

- Consolidate results, analyze variances, and present actionable insights to the executive team and board.

- Develop annual budgets, rolling forecasts, and long‑range financial models aligned to production capacity and sales growth targets.

- Maintain standard and actual cost systems for machining and steel distribution operations.

Cost & Inventory Accounting

- Monitor material, labor, and overhead absorption; partner with operations to enhance margins.

- Oversee perpetual inventory, cycle counts, and annual physicals; reconcile variances and drive shrinkage below 0.5 %.

- Manage daily cash positioning, borrowing base reporting, and covenant compliance for the consolidated credit facility.

Cash & Treasury Management

- Optimize working capital—DSO, DPO, inventory turns—through policy, automation, and supplier/customer negotiations.

- Lead banking relationships, letters of credit, FX hedging (EUR ↔ USD), and insurance renewals.

- Evaluate cap‑ex (CNC VTLs, saws, facility upgrades) using ROI/NPV analyses; prepare SBA and state‑incentive packages.

Strategic Finance & Growth

- Support M&A diligence (e.g., heat‑treat acquisition) and integration planning.

- Provide financial leadership on pricing strategy for tool‑steel SKUs and value‑added services.

- Administer ERP/JobBOSS, inventory modules, and BI dashboards; champion process standardization across LP & KSAUS.

Systems & Data Integrity

- Administer ERP/JobBOSS, inventory modules, and BI dashboards; champion process standardization across LP & KSAUS.

- Lead future system upgrades or migrations, ensuring accurate master data and robust internal controls.

Compliance & Risk

- Ensure timely filing of federal, state, and local taxes; oversee sales‑tax nexus and multi‑state payroll compliance.

- Maintain documented accounting policies, SOX‑lite controls, and annual audit or review engagements.

- Coordinate environmental, OSHA, and import/export (ITAR/EAR) reporting where applicable.

People & Office Administration

- Direct a small office staff covering A/R, A/P, payroll, HR admin, and reception.

- Mentor, cross‑train, and recruit talent to build a high‑performance finance team.

- Foster a culture of continuous improvement and cost consciousness company‑wide.

Required Qualifications

- Education: Bachelor’s in Accounting or Finance; CPA or CMA strongly preferred.

- Experience: 8 + years progressive accounting/finance leadership, with at least 3 years as Controller in a manufacturing, machining, or metals‑distribution environment.

- Technical: Expert in US GAAP, cost accounting, and financial modeling; proficient with mid‑market ERP (JobBOSS, Epicor, or similar) and advanced Excel/BI tools.

- Regulatory: Demonstrated responsibility for multi‑state tax, inventory valuation, and bank/audit relationships.

- Leadership: Proven ability to translate numbers into operational action, influence cross‑functional teams, and drive change in a hands‑on, owner‑operator culture.

Preferred Attributes

- MBA or Master’s in Accounting/Finance.

- Experience with tool‑steel, extrusion tooling, or specialty‑metals supply chain.

- Familiarity with bank financing, NADCAP or ISO‑based quality systems, and foreign‑trade zones.

- Track record implementing lean office processes (5S, standard work, KPI dashboards).

Success Metrics (First 12 Months)

- Closing Discipline – Move from T+5 to T+3 day close while maintaining clean audit opinion.

- Margin Enhancement – Identify ≥ 2 pp gross‑margin improvement through cost and pricing initiatives.

- Working‑Capital Turn – Improve cash conversion cycle by 15 % via AR collection and inventory reduction.

- System Integration – Implement common chart of accounts and consolidated reporting across LP & KSAUS.

- Team Development – Establish documented SOPs and succession plan for all finance/office roles.

Work Environment & Benefits

We offer a collaborative, growth‑oriented environment with competitive salary, performance bonus, 401(k) match, health/dental/vision, and tuition reimbursement. Occasional travel (< 10 %) to suppliers, auditors, and industry events may be required.

Job Type: Full-time

Benefits:

- 401(k)

- 401(k) matching

- Dental insurance

- Disability insurance

- Health insurance

- Life insurance

- Paid time off

- Tuition reimbursement

- Vision insurance

Schedule:

- 8 hour shift

- Monday to Friday

Supplemental Pay:

- Performance bonus

Work Location: In person