OPERATIONS CONTROLLER - PRODUCT LINES

Job Summary :

The Product Line Ops Controller is responsible for providing financial support and analysis for a specific product line or portfolio to the Product Lines Directors. This role involves tracking financial performance, developing forecasts, analyzing cost structures, and providing actionable insights to enhance product line profitability and drive strategic business decisions.

Key Responsibilities :

+ Assist in the development of annual budgets and quarterly forecasts for the product line. + Provide financial models and forecasts to predict trends in product sales, costs, and profitability.

+ Analyze product cost structures, including direct materials, labor, and overhead costs, to ensure optimal pricing and profitability. + Monitor and report on the profitability of the product line, identifying cost-saving opportunities and areas for margin improvement. + Conduct break-even analysis and evaluate return on investment (ROI) for product line initiatives and investments.

+ Collaborate with product management, supply chain, and sales teams to align financial strategies with product line goals. + Provide financial analysis and support for new product launches, pricing strategies, and promotional campaigns. + Work with the operations team to track inventory levels, product lifecycle costs, and inventory turnover.

+ Perform detailed variance analysis to identify the root causes of financial discrepancies or performance issues. + Continuously assess and improve reporting processes and tools to enhance efficiency and accuracy. + Support the development and maintenance of dashboards and financial reports using tools like Excel, Power BI, or SAP.

+ Monitor market trends, competitor pricing, and customer behavior to help forecast demand and identify new opportunities or threats to the product line. + Assist in the evaluation of product line performance against industry benchmarks and competitors.

Qualifications :

+ +7 years of experience in financial analysis, preferably within Oilfield services (including a product line, manufacturing), + Strong understanding of cost accounting, financial modeling, and business analysis. + Advanced proficiency in Excel for financial modeling, analysis, and reporting. + Familiarity with financial systems (e.g., SAP, Oracle) and business intelligence tools (e.g., Power BI, Tableau). + Knowledge of financial reporting standards and internal controls. + Strong analytical and problem-solving abilities. + Ability to translate financial data into actionable insights for non-financial stakeholders. + Excellent communication and presentation skills. + Ability to work independently and manage multiple projects simultaneously in a fast-paced environment.

Personal Attributes :