Corporate Controller
Dexter Magnetic Technologies
Summary
The Corporate Controller is responsible for overseeing all accounting operations across the company’s facilities in the US and Germany. This role ensures compliance with US GAAP, IFRS and local statutory requirements, while providing accurate and timely consolidated financial reporting. The Corporate Controller will lead a geographically distributed accounting team, maintain strong internal controls and support strategic initiatives in collaboration with the CFO.
Job description
Major Responsibilities
Functional Responsibility
- Lead the global accounting function, including general ledger, cost accounting, consolidation, inventory management, and intercompany reconciliations.
- Oversee month-end and year-end close processes across all entities, ensuring accurate consolidation and reporting.
- Ensure compliance with US GAAP, IFRS, and local statutory reporting requirements in Germany.
- Maintain and enhance internal control systems and processes across all regions.
- Coordinate annual audits (US and international) and manage relationships with external auditors and tax advisors.
- Partner with controllers and accounting managers to ensure consistent application of accounting policies and accurate entity- and division-level reporting.
- Lead accounting integration efforts related to new system implementations or M&A activity, when applicable.
- Balance sheet reconciliations, consolidations, and reviews.
- Lead cash management, working capital reporting, and banking compliance (in partnership with CFO).
- Collaborate with FP&A personnel to support annual budgeting, forecasting, and performance analysis.
- Prepare technical accounting memos and ensure appropriate documentation of significant transactions.
- Identify process improvement opportunities and drive automation initiatives within the finance function.
Leadership & Team Development
- Lead, mentor, and develop accounting staff while fostering a collaborative, accountable, and high-performance team culture.
- Provide coaching, training, and professional development opportunities to strengthen technical capabilities and service delivery.
- Establish clear performance expectations, operational accountability, and continuous improvement practices within the accounting organization.
- Promote strong cross-functional collaboration and customer-focused support throughout the team.
- Perform other duties and responsibilities as assigned.
Qualifications
- In-depth knowledge of US GAAP, IFRS, and statutory reporting.
- Strong background in cost accounting, inventory management, and management reporting in a manufacturing setting.
- ERP experience (e.g., EPICOR, SAP, Oracle) and advanced Excel skills.
Education
- Bachelor’s degree in accounting or finance; CPA or equivalent international certification required
Experience
- Minimum of 10 years of progressive accounting experience, with at least 3-5 years in a leadership role.
- Prior experience in complex manufacturing environments required
- Demonstrated experience developing and executing accounting and management strategies aligned with business objectives.
- Strong leadership experience developing teams, driving operational improvements, and managing cross-functional initiatives.
- Global financial leadership experience is a plus
Key Metrics for the Role
- Audit adherence
- Cash flow forecast accuracy
- EBITDA
- On time delivery of financial reports
- Initiatives to improve quality and accuracy of financial reports
Requirements
- In-depth knowledge of US GAAP, IFRS, and statutory reporting.
- Strong background in cost accounting, inventory management, and management reporting in a manufacturing setting.
- ERP experience (e.g., EPICOR, SAP, Oracle) and advanced Excel skills.
- Bachelor’s degree in accounting or finance; CPA or equivalent international certification required
- Minimum of 10 years of progressive accounting experience, with at least 3-5 years in a leadership role.
- Prior experience in complex manufacturing environments required
- Demonstrated experience developing and executing accounting and management strategies aligned with business objectives.
- Strong leadership experience developing teams, driving operational improvements, and managing cross-functional initiatives.
- Global financial leadership experience is a plus
Benefits
- Medical/Rx
- Dental
- Vision
- Flexible Spending Accounts
- Basic Life/AD&D
- Short-Term Disability
- Long-Term Disability
- Supplemental Life/AD&D
- 401(k) with Company match
- Tuition assistance
- Paid time off
- 11 paid holidays
Company overview
Dexter Magnetic Technologies, founded in 1951, is a leading manufacturer of magnetic products and solutions serving diverse industries including medical equipment, aerospace, defense, and semiconductor manufacturing. The company specializes in designing, engineering, and manufacturing complex magnetic circuits, permanent magnets, magnetic assemblies, and electromagnetic systems. With headquarters in Elk Grove Village, Illinois, Dexter operates as a comprehensive magnetic solutions provider offering customized soft magnetic components and accessories such as ferrite cores, powder cores, amorphous cores, bobbins, and thermistors. The company's medical division is particularly notable for its LifeSep® biomagnetic separation technology, which provides rapid and reliable magnetic bead separation solutions for biotech, life science, and pharmaceutical applications. Dexter's expertise extends to rare earth magnets including NdFeB and Samarium Cobalt, with a focus on DFARS-compliant supply chains for critical defense and medical applications. As part of the Permag family of brands and owned by TSL Engineered Products, the company maintains a strong engineering focus with extensive capabilities in magnetic material selection, assembly design, and program management for high-reliability applications.