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Treasurer / Controller
Shakopee, MN

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Continental Hydraulics, Inc.

Controller/Director of Finance

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Job Description

Job Overview Located in Shakopee, Minnesota, Continental Hydraulics has been delivering innovative hydraulic solutions for more than 60 years. As a leading manufacturer of industrial and mobile hydraulic components and systems, we are committed to helping our customers improve productivity, profitability, efficiency, and performance through engineering excellence and exceptional quality. Our comprehensive product portfolio includes hydraulic valves, pumps, power units, proportional controls, and custom-engineered solutions— We aim to be an indispensable presence for our customers by providing advanced technologies and solutions while anticipating their ever-changing needs and backed by an experienced team dedicated to customer success. At Continental Hydraulics, we don't just solve today's challenges—we engineer the solutions of tomorrow. We continuously seek new opportunities to innovate, developing durable, high-performance hydraulic products that support a wide range of industries and demanding applications worldwide. If you are seeking an opportunity to contribute to an established organization with a strong legacy, collaborative culture, and commitment to innovation, we invite you to join our team. Position Summary The Controller/Director of Finance will provide strategic leadership and operational oversight for Finance, Accounting, and Human Resources, supporting the organization's financial health, business objectives, and culture of accountability and high performance. Direct financial planning, reporting, analysis, budgeting, treasury, credit management, and internal controls. Partner with the Chief Executive Officer and leadership team to evaluate business performance, manage risk, improve profitability, and support sustainable growth. This position reports to the Chief Executive Officer and oversees Finance, Accounting, and Human Resources. The Chief Financial Officer collaborates with the leadership team and employees across the organization and maintains relationships with banks, auditors, tax advisors, insurance providers, and other external partners. Principal Accountabilities and Essential Responsibilities Financial Leadership and Business Planning Lead the development and management of the annual operating budget, financial forecasts, and long-term financial plans. Prepare and present financial results, business plans, capital investment analyses, and recommendations to support executive decision-making. Establish monthly financial and departmental reporting processes that explain performance, identify variances, and define corrective actions. Monitor revenue, expenses, margins, and operating performance; identify opportunities to improve profitability and control costs. Participate in executive meetings and strategic planning, contributing financial analysis and recommendations on policies, business priorities, and organizational issues. Evaluate capital expenditures and investment opportunities for financial feasibility and alignment with business objectives. Accounting and Financial Controls Oversee accounting operations, including the general ledger, accounts payable, accounts receivable, payroll accounting, fixed assets, and inventory accounting. Ensure accurate and timely financial statements, account reconciliations, journal entries, management reports, and month-end and year-end close activities. Establish and maintain accounting policies, internal controls, and financial procedures that support accurate reporting, safeguard assets, and meet audit requirements. Coordinate external audits, tax preparation, and related reporting with internal staff and external advisors. Ensure financial reporting follows Generally Accepted Accounting Principles (GAAP) and applicable organizational and parent-company requirements. Oversee manufacturing cost accounting, inventory valuation and reconciliation, and analysis of production costs and variances. Maintain current knowledge of accounting standards, financial reporting requirements, and applicable regulatory changes. Cash Management and Financial Risk Manage cash flow, working capital, liquidity, and financing requirements to support business operations. Maintain banking and lending relationships and evaluate funding options, credit facilities, and financing arrangements. Establish and oversee customer credit criteria, credit limits, collections practices, and account hold procedures. Monitor financial risks and recommend actions to protect the organization's financial position. Human Resources Oversight Provide executive oversight and direction to Human Resources, partnering with HR leadership on workforce planning, compensation, employee relations, compliance, and organizational development. Oversee HR's management of benefits administration, payroll processing, and 401(k) plan administration, including support for designated plan fiduciaries in fulfilling their responsibilities. Partner with HR and external advisors on plan governance, required reporting, audits, and compliance. People Leadership and Process Improvement Lead and develop Finance, Accounting, and Human Resources staff through clear expectations, regular communication, coaching, and performance feedback. Understand departmental responsibilities, establish priorities, and ensure appropriate staffing, training, cross-training, and backup coverage. Conduct performance reviews that support accountability, professional development, and continuous improvement. Attract and retain qualified employees and address performance or development needs promptly. Evaluate and improve systems, workflows, and reporting to strengthen efficiency, accuracy, and internal controls. Lead or support financial system implementations, integrations, upgrades, and related employee training. Perform other duties consistent with the position's responsibilities as assigned. Qualifications Education and Experience Bachelor's degree in accounting, finance, business administration, or a related field required. Master of Business Administration (MBA), master's degree in finance or accounting, or Certified Public Accountant (CPA) designation preferred. At least ten years of progressive experience in financial leadership, financial reporting, budgeting, financial analysis, and cash and credit management. At least three years of experience supervising and developing employees. Manufacturing accounting experience, including inventory, cost accounting, and operational financial analysis, preferred. Experience with enterprise resource planning (ERP) and financial management systems, including implementation, training, reporting, and system upgrades. Strong knowledge of GAAP and experience developing financial policies, procedures, and internal controls. Familiarity with Japanese Sarbanes-Oxley (J-SOX) requirements, where applicable to the organization. Experience overseeing or partnering with Human Resources preferred. Knowledge Skills and Abilities Strong financial analysis, business judgment, and strategic planning skills. Ability to translate financial information into clear recommendations for financial and non-financial audiences. Effective leadership, communication, relationship-building, and problem-solving skills. Ability to manage competing priorities and meet reporting and operational deadlines. Demonstrated integrity, discretion, and sound judgment when handling confidential financial and employee information. Commitment to accuracy, accountability, staff development, and continuous improvement. Company Total Rewards This is a full-time, exempt position with an expected annualized salary of $160,000 - $180,000; depending on qualifications and experience. Medical, dental, vision, STD/LTD, company sponsored life insurance and 401k with employer contribution. Accidental, Critical Illness, Long-Term Care, Legal and Pet Insurance. Paid Time Off and Paid Holidays. Tuition reimbursement.
Working Conditions Office environment:
Long periods of sitting at desk, some standing, bending at the waist, stooping and reaching required; ability to lift 5-20 pounds occasionally. Prolonged periods of sitting and working at a computer may be required. Occasional movement throughout the office and manufacturing facility may be required; applicable safety requirements must be followed when entering production areas. An offer of employment is contingent upon successfully completing a preemployment background check and passing a drug screening, conducted in accordance with company policy and applicable law. Continental Hydraulics is an equal opportunity employer that is committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws.
Pay:
$160,000.00 - $180,000.00 per year
Benefits:
401(k) matching Dental insurance Disability insurance Employee assistance program Flexible spending account Health insurance Health savings account Life insurance Paid time off Tuition reimbursement Vision insurance
Work Location:
In person

Benefits

  • Paid Time Off (PTO)
  • Financial Aid/Assistance
  • Professional Development
  • 401(k) Plans