Controller - PCBA Manufacturing
1 day ago
Santa Clara
Job Description Controller – PCBA ManufacturingPosition Summary The Controller will lead accounting, financial reporting, internal controls, treasury, cost accounting, and operational finance for a privately held, multi-site PCBA manufacturing organization with facilities in California and Nevada. This role supports a fast-paced Electronic Manufacturing Services environment serving high-technology customers, with annual revenue in excess of $400 million, international sales activity, and large customer programs that may include reimbursement agreements, customer-funded materials, consigned inventory, customer-owned inventory, and complex billing structures. This position is responsible for ensuring accurate financial reporting, strong inventory controls, reliable manufacturing cost data, disciplined cash flow management, and scalable financial processes across the organization. The Controller will work closely with executive leadership, operations, supply chain, engineering, program management, and site leadership to provide financial visibility, improve operational performance, and support continued growth. The ideal candidate will bring deep experience in manufacturing finance, preferably within EMS, contract manufacturing, electronics manufacturing, aerospace, defense, or another complex high-technology manufacturing environment. Key ResponsibilitiesFinancial Reporting & Accounting Lead monthly, quarterly, and annual close processes across the organization. Prepare and review financial statements in accordance with U.S. GAAP. Maintain general ledger integrity, including journal entries, reconciliations, accruals, reserves, and supporting schedules. Manage accounting for domestic and international sales activity. Oversee revenue recognition and contract-related accounting for manufacturing, engineering, logistics, and customer program activity. Ensure accurate accounting treatment for customer reimbursement agreements, pass-through costs, milestone billing, deposits, and customer-funded purchases. Manage fixed asset accounting, lease accounting, prepaid expenses, accruals, and other balance sheet areas. Coordinate external financial statement audits, lender audits, insurance audits, tax support requests, and regulatory compliance activities. Cost Accounting, Inventory & Manufacturing Finance Lead cost accounting processes for a multi-site PCBA manufacturing environment. Oversee accounting for raw materials, WIP, finished goods, reserves, scrap, excess and obsolete inventory, and inventory valuation. Ensure proper tracking, reconciliation, and control of customer-owned inventory, consigned inventory, serialized inventory, and customer-funded materials. Partner with operations and supply chain to improve inventory accuracy, material visibility, and manufacturing reporting. Review BOM structures, labor routing assumptions, standard costs, manufacturing overhead allocations, and cost rollups. Monitor labor utilization, production variances, scrap, rework, inventory movements, and other manufacturing KPIs. Support gross margin analysis by customer, program, site, and service line. Provide financial analysis for NPI programs, production ramp activity, engineering changes, customer transitions, and supply chain constraints. Support operations involving PCB assembly, system integration, functional test, automated test support, BGA rework, DFX support, logistics, and related manufacturing services. Treasury, Working Capital & Cash Flow Manage cash flow forecasting and working capital planning. Oversee banking relationships, treasury activity, line of credit compliance, and borrowing base reporting. Manage accounts receivable processes, including collections, cash application, credit exposure, and receivables factoring arrangements where applicable. Monitor covenant compliance and lender reporting requirements. Support liquidity planning related to growth, customer programs, inventory investment, and manufacturing capacity expansion. Payroll, Benefits & HR Coordination Oversee payroll accounting and related reconciliations across direct labor, indirect labor, engineering, salaried staff, and temporary labor. Ensure accurate accounting for payroll liabilities, benefits, bonuses, commissions, PTO accruals, workers' compensation, and related obligations. Support insurance audits, benefit plan administration coordination, and payroll-related compliance activities. Internal Controls, Systems & Process Improvement Establish, maintain, and improve internal controls across accounting, purchasing, inventory, payroll, treasury, and financial reporting. Develop scalable finance and accounting processes appropriate for a high-growth manufacturing organization. Support ERP/MRP system improvements, reporting enhancements, and operational visibility initiatives. Strengthen controls around receiving, purchasing, WIP, finished goods, shipments, customer-owned materials, inventory transfers, and cycle count processes. Assist with development of KPI dashboards, management reporting packages, and operational finance tools. Leadership & Cross-Functional Partnership Manage, mentor, and develop accounting and finance team members. Partner with executive leadership on budgeting, forecasting, strategic planning, and operational decision-making. Provide clear financial insight to site leadership, operations, supply chain, program management, and engineering teams. Build finance infrastructure capable of supporting continued growth, customer complexity, and multi-site manufacturing operations. Minimum Qualifications Bachelor's degree in Accounting, Finance, or a related field required. CPA strongly preferred. Minimum 10–15 years of progressive accounting and finance experience. Minimum 5–7 years of leadership experience in manufacturing finance, preferably within EMS, contract manufacturing, electronics manufacturing, aerospace, defense, semiconductor, or another complex high-technology manufacturing environment. Prior experience as a Controller, Assistant Controller, Director of Accounting, Director of Finance, or similar senior finance leadership role. Experience supporting organizations with annual revenue of at least $200 million required; experience with companies exceeding $400 million in annual revenue strongly preferred. Strong background in cost accounting, inventory accounting, manufacturing operations, and operational finance. Experience with customer-owned inventory, consigned inventory, customer-funded materials, reimbursement agreements, pass-through costs, and complex customer billing structures. Experience supporting international sales activity and multi-jurisdictional business operations. Strong understanding of working capital management, cash flow forecasting, receivables management, factoring arrangements, line of credit reporting, and borrowing base compliance. Experience managing external audits, lender audits, insurance audits, and tax support processes. Experience implementing and maintaining internal controls in a scaling manufacturing environment. Strong ERP/MRP system experience within a manufacturing environment. Advanced Excel and financial systems proficiency required. Preferred Qualifications Experience within a privately held manufacturing company with revenues exceeding $400 million annually. EMS, PCBA, contract manufacturing, electronics manufacturing, aerospace, defense, or high-technology manufacturing experience. Experience supporting NPI-focused manufacturing environments with frequent engineering changes and production transitions. Familiarity with PCB assembly, system build, automated test, functional test, DFX support, BGA rework, logistics, and complex supply chain operations. Experience with standard costing, manufacturing variances, inventory traceability, serialized inventory, and multi-site inventory controls. Experience working with customer contracts involving reimbursement structures, milestone billing, inventory deposits, customer-owned materials, or pass-through procurement arrangements. Experience managing finance and accounting teams in a fast-paced operational environment supporting multiple customer programs simultaneously. Key Competencies Strong accounting, financial reporting, and operational finance judgment. Deep understanding of manufacturing cost drivers, inventory controls, and working capital management. Ability to operate effectively in a fast-paced, high-growth manufacturing environment. Strong analytical, organizational, and problem-solving skills. Detail-oriented with a strong process, compliance, and control mindset. Clear communication skills with the ability to partner across operations, supply chain, engineering, program management, and executive leadership. Ability to balance operational support with financial discipline, compliance, and scalable process design. Hands-on leadership style with the ability to build, mentor, and improve accounting and finance teams. Work Environment This role supports PCBA manufacturing facilities in California and Nevada. The position requires regular collaboration with manufacturing, supply chain, engineering, program management, and executive teams. Occasional travel between company sites may be required based on business needs. Pay Range$150,000—$225,000 USD