Controller - Precision Drives

What Timken makes possible begins with you.
Those who came before us helped land a man on the moon, create the world's infrastructure, and introduce renewable energy alternatives. Now you can join the Timken team to write your own unique story and help drive what's next.

A career at Timken means you can have an immediate impact doing Work That Matters to the world— improving the efficiency of today's industrial equipment and preparing for the future of motion on our planet and beyond. New employees can start contributing right away, and there are many opportunities to advance your career at your own pace. Join our global team of 19,000 people in 45 countries, and start helping our customers push the limits of what's possible in their world of motion.

Purpose: 

Serves as a strategic financial business partner to business management by translating financial results, trends, risks, and opportunities into actionable insights and recommendations that support decision making, drive profitability, improve working capital, and guide resource allocation. Responsible for long-range planning, budget preparation, supervision of all accounting functions including operations controlling, closing and reporting, price/volume/mix analysis, quote support, sourcing decisions, due diligence of all financial functions to ensure accuracy, compliance with corporate internal control standards and Sarbanes-Oxley Act, support tax department inquiries and compliance with the law and with generally accepted accounting practices. This position provides direction for accounting as well as works with all corporate centers in the company for all facilities and locations.  This position is responsible for analyzing and driving result for the business overall through influence across the leadership team in terms of cost control, asset management and growth. As a member of the business senior management team, performance includes demonstration of the following accountabilities: leadership, communication, mentoring, empowerment, resource management, and financial leadership that influences business performance improvement.

Essential Responsibilities:

• Partners with business leadership to evaluate strategic initiatives, commercial decisions, pricing actions, sourcing alternatives, capital investments, and operational improvement opportunities.
• Translates financial results, trends, forecasts, and business drivers into actionable insights that help management understand performance, risks, opportunities, and required corrective actions.
• Leads financial reviews with business management by challenging assumptions and supporting decisions through fact-based analysis, scenario modeling, and forward-looking commentary.
• Influences cross-functional decision making by connecting financial outcomes to operational drivers across sales, manufacturing, supply chain, pricing, SG&A, inventory, and working capital.
• Handles the development of annual capital business plan as well as monthly capital reporting.
• Creates, manages, leads, and directs the budget and forecasting process for the business across Sales, Plant Costs, SG&A, Inventory, Working Capital and all other required financial and non-financial data.
• Oversees the supervision of personnel, work allocation, training, conflict resolution, performance evaluation.
• Makes recommendations for personnel action and motivates employees to achieve peak productivity and performance.
• Directs the operations of the accounting department to produce accurate, timely internal financial statements to global reporting system on a monthly basis.
• Provides supervision to direct reports and accomplishes the departmental goals that are consistent with mission, goals and objectives of the Company.
• Supervises Appropriation Request (AR) submissions and approvals across the business unit to ensure compliance of corporate guidelines as well as positive return on investments or efficiency improvement.
• Oversee, direct and coordinate all activities related to accounting Timken consolidated Precision Drives business.

Technical/Functional Skills: 

• Financial business partnering and executive-level financial advisory skills
• Advanced financial modeling, scenario analysis, and business case development
• Ability to translate complex financial data into clear business insights and recommendations
• Strong understanding of operational drivers, margin performance, pricing, working capital, and capital investment economics
• Ability to influence cross-functional leaders through fact-based analysis and business acumen
• Strong written and verbal communication skills, able to communicate complex financial issues and translate them to actions and outcomes

Basic Qualifications:

• Bachelor's degree with at least 10 years of relevant experience

Preferred Qualifications:

• Master's degree in Business Administration
• 15 years of relevant experience
• 5 years of experience in financial planning and analysis
• CPA

This position may require access to United States export controlled technical data (“CTD”) and hardware under the Departments of US State (ITAR) and/or Commerce (EAR).  Eligible candidates are; US Citizens, Green Card holders, Asylees or others eligible to receive US export license authorizations. Candidate must be authorized to work in the US.

All qualified applicants shall be treated equally according to their individual qualifications, abilities, experiences and other employment standards. There will be no discrimination due to gender or gender identity, race, religion, color, national origin, ancestry, age, disability, sexual orientation, veteran/military status or any other basis protected by applicable law.