Job Description
Position Purpose:
The GT&S segment represents $9B+ revenue of Stanley Black & Deckers $12-$13B portfolio. GT&S operates globally in a matrixed environment by region and strategic business unit (SBU) - Power Tools Group (PTG) and Hand Tools, Accessories & Storage (HTAS) utilizing brands such as Stanley, DeWalt, Bostitch, Black & Decker, Proto, Mac Tools, Vidmar, etc. GT&S introduces over 1,000 new products each year.
Within GT&S, the Global Product Costing team supports product costing for 45 manufacturing plants and 40 distribution centers. GT&S manufactures 75%+ of the products it sells.
Organizational Relationship:
The Global Cost Controller is a high profile role that manages a team of 21, including 3 Regional Product Costing Managers that report directly to the Global Cost Controller. The EANZ, Asia and Americas Cost Managers are based in Czech Republic, China & the US. The Global Cost Controller reports to the GTS Assistant Global Business Unit Controller and supports Operations Finance, Operations, Supply Chain and FP&A.
Expected Leadership Behaviors And Values:
* Courage & Innovation
* Agility & Performance
* Inclusivity & Collaboration
* Integrity & Accountability
Major Responsibilities:
* Partner with key stakeholders such as Global Operations Controller, Operations Finance and Supply Chain to maintain strong process and controls around product costing
* Support Commercial organization by identifying and communicating key drivers in product costing
* Update the strategic priorities and annual goals and objectives for the Global Product Costing team including Next Generation Costing future strategy
* Provide coaching and mentoring to less experienced team members; develop team succession plans
* Work with global leaders in operations, supply chain, IT, master data, commercial, and finance functions to identify and evaluate efficiency opportunities within the costing process
* Interpret corporate costing policies and design, develop and implement new business unit policies for product costing and valuation as needed
* Oversee development and maintenance of standard costs, including ownership of the Annual Cost Roll process and new product costing
* Ensure that all transactions are compliant with GAAP and Company policy
* Oversee monthly PPV analysis for centralized locations
* Update and execute strategy to centralize product costing for all Manufacturing site
Qualifications
* 10-15 years Accounting and/or Finance experience
* Leadership behaviors and skill-sets are key to being successful in this role
* Ability to manage large teams and strong project management skills
* Experience in U.S. multi-national public company; working knowledge of US GAAP in areas of responsibility
* Diverse experience in manufacturing company (background in cost accounting or operations finance preferred)
* Experience working with SAP, Hyperion HFM, or other Enterprise systems is helpful
* Experience effectively operating in a matrix environment
* Strong written and verbal communication skills
* BS Degree in Accounting or Finance; MBA or professional certification preferred
New Britain, CT
Stanley Black & Decker, Inc. engages in tools and storage, industrial, and security businesses worldwide. Its Tools & Storage segment offers power tools and equipment, including professional products, such as professional grade corded and cordless electric power tools and equipment, and pneumatic tools and fasteners; and consumer products comprising corded and cordless electric power tools primarily under the BLACK+DECKER brand, as well as lawn and garden products and related accessories, and home products.
This segment sells its products through retailers, distributors, and a direct sales force to professional end users, distributors, retail consumers, and industrial customers in various industries. The company’s Industrial segment provides engineered fastening products and systems to customers in the automotive, manufacturing, electronics, construction, aerospace industries, and others; sells and rents custom pipe handling, joint welding, and coating equipment for use in the construction of large and small diameter pipelines, as well as provides pipeline inspection services; and sells hydraulic tools and accessories.
This segment also serves oil and natural gas pipeline industry and other industrial customers. Its Security segment designs, supplies, and installs commercial electronic security systems and provides electronic security services; offers healthcare solutions, which include asset tracking, infant protection, pediatric protection, patient protection, wander management, fall management, and emergency call products; and sells automatic doors to commercial customers. This segment serves consumers, retailers, educational, financial, and healthcare institutions, as well as commercial, governmental, and industrial customers. The company was formerly known as The Stanley Works and changed its name to Stanley Black & Decker, Inc. in March 2010. Stanley Black & Decker, Inc. was founded in 1843 and is headquartered in New Britain, Connecticut.