Overview:
Minerals Technologies Inc. (MTI) is a leading, technology-driven specialty minerals company that develops, produces, and markets a broad range of mineral and mineral-based products, related systems and services. MTI serves a wide range of consumer and industrial markets, including household and personal care, paper, foundry, steel, construction and environmental solutions around the world. The company reported global sales of $2.2 billion in 2023.
Job Summary
The Director of Record to Report-Americas, under minimal supervision, is responsible for directing the Minerals Technologies accounting activities for the North American and Latin American operations to ensure that accurate and timely financial data, in accordance with GAAP, is available to the business managers.
Responsibilities:
Primary Duties and Responsibilities
Accounting
- Manage and develop staff to ensure that accurate and current financial information is available to management according to set timelines
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Coordinate the month-end, quarter-end, and year-end closing of the North American and Latin American legal ledgers
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Maintain GL integrity and ensure compliance with GAAP
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Review corporate legal Balance Sheet accounts to ensure they are accurately stated in accordance with MTI Corporate Accounting Policies
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Ensure that SOX documentation is maintained for all North American and Latin American locations
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Ensure that all North American and Latin American balance sheet accounts are reconciled monthly, and variances are addressed in a timely manner
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Ensure that data from domestic ledgers is accurately interfaced to Hyperion at period end
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Ensure that necessary affiliate charges and receipts are properly coordinated and reconciled
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Ensure that international transactions are properly identified and billed as necessary for tax purposes
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Evaluate transactional workflows to ensure system and process integrity
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Drive continuous improvement and standardization in the accounting area
Fixed Assets / Capital Projects
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Monitor capital project spending to ensure levels are within approved limits and accurately classified
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Ensure all Project activity is conducted on a timely basis according to MTI corporate policy i.e., project creation, transfers, adjustments, etc.
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Ensure all Fixed Asset activity is conducted on a timely basis according to MTI corporate policy i.e., additions, disposals, transfers, etc.
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Ensure that Fixed Asset accounting is GAAP compliant, and balances are properly stated at period end
Budgeting
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Responsible for coordination and analysis of corporate RU department Plans and Forecasts i.e., Executive, Finance, Legal, HR, Tax, Treasury, Strategic Planning, Internal Audit, IT, Credit & Collections, AP, Billing, Accounting, and Travel
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Responsible for coordination and distribution of annual Plans for centralized Lehigh Valley departments i.e. Supply Chain, Engineering, Analytical, and Facilities
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Responsible for preparing and distributing the domestic depreciation Plans and forecasts
Reporting
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Review domestic balance sheet for accuracy and provide explanations for balance fluctuations as necessary
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Coordinate preparation of quarterly SEC worksheets for Corporate for North American and Latin American locations
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Coordinate preparation and review annual Tax Package worksheets for Corporate for North American and Latin American locations
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Prepare monthly decision management reports for executive management
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Prepare various MTI expense trend schedules and charts for corporate finance management
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Coordinate preparation of monthly Global Business Services report for corporate finance management
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Prepare various census reports as necessary
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Prepare various presentations for corporate finance management
Other Duties and Responsibilities
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Responsible for MTI North American travel policy and program administration
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Responsible for preparation of North American real estate and property tax returns
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Evaluate internal control structure to maintain compliance with Sarbanes-Oxley
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Interact with internal and external auditors as necessary
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Perform special projects as needed
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Other duties as assigned
OE/Lean
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Actively participates in the implementation of sustainable improvement processes, such as 5S, Kaizen, Daily Management Control, Standard Work and Problem Solving.
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Manages individual employee involvement in continuous improvement activities to ensure equal opportunities are available for all department members to participate and contribute.
Qualifications:
The requirements listed in the sections that follow are representative of the knowledge, skills and/or abilities required to perform the duties of this job. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions (primary duties) of the job.
Education & Experience:
- BA/BS degree in a Finance, Accounting, Business, or related field
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At least fifteen years’ experience in accounting and financial analysis in a manufacturing environment.
Knowledge, Skills & Abilities:
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CPA is required.
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Well-developed computer skills, including enterprise or mainframe systems.
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Familiarity with Oracle is a plus.
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Good management, communication, interpersonal and general business skills required, along with strong mathematical, analytical, organizational, and problem-solving skills.
Travel:
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Travel may occur domestically and internationally as required
Working Conditions:
- While performing the duties of this job, the employee is typically required to regularly conduct work in a controlled office environment, moving around the office as needed, sitting at a desk, using office equipment, including but not limited to a personal computer, fax machine, copier and telephone, read, write, listen, speak, and understand English, have the ability to work independently, be dependable and maintain confidential information, integrity and composure at all times.
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Constant contact with individuals internal and external to the organization at all levels occurs via various methods of communication, typically including face-to-face discussions, electronic mail, phone calls, written letters and/or faxes.
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The employee is expected to be self-directed, take initiative and be persistent when appropriate to accomplish necessary duties and keep busy without prompting. Additionally, the employee is expected to be adaptable/flexible to changing work assignments, analytical, organized and detail-oriented, perform multiple tasks at once, compose correspondence and other documentation in a professional manner, express ideas constructively, actively listen to others, manage time effectively and efficiently to meet deadlines, learn and memorize procedures, display a cooperative attitude, read, understand and follow all company, job specific and safety policies/procedures, and attend/use all required training.
Work Hours:
- Must have ability to work the shift/number of hours in which duties need to be accomplished, including overtime, holidays, and weekends, as necessary.
Safety Training:
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A new employee hired to perform the duties of this position is required to be provided New Employee Training by a qualified individual or through the online training system.
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Additionally, an employee must be provided further training if a job duty/task has changes that will affect the health and safety aspects of that employee’s position.
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Additional refresher safety training will be required as management deems appropriate or as dictated by government regulations.
Minerals Technologies Inc. (MTI) is a leading, technology-driven specialty minerals company that develops, produces, and markets a broad range of mineral and mineral-based products, related systems and services. MTI serves a wide range of consumer and industrial markets, including household and personal care, paper, foundry, steel, construction and environmental solutions around the world. The company reported global sales of $2.2 billion in 2023.
MTI focuses on two major segments – Consumer & Specialties and Engineered Solutions.
Our Consumer & Specialties segment offers technologically enhanced products to consumer-driven end markets plus specialty additives that become functional components in a variety of consumer and industrial goods. This segment includes our Household & Personal Care and Specialty Additives product lines. The Household & Personal Care product line provides mineral-to-market products that serve consumer-oriented end markets including Pet Care, Personal Care, Fabric Care, Edible Oil, and Renewable Fuel Purification. Our Specialty Additives product line provides mineral-based technologies serving Paper, Packaging, Sealants & Adhesives, Paint & Coatings, Ceramics, Plastics, Food & Pharmaceutical markets.
Our Engineered Solutions segment offers advanced process technologies and solutions that are designed to improve our customers’ manufacturing processes and projects. This segment includes our High-Temperature Technologies and Environmental & Infrastructure product lines. Our High-Temperature Technologies product line offers specially-formulated blends and technologies primarily for Foundry and Steelmaking industries. Our Environmental & Infrastructure product line provides waterproofing, water purification, remediation and other fluid management technologies for critical projects for Remediation, Water Purification, and Infrastructure.
MTI provides a business environment and promotes a culture that encourages all employees to contribute to our success. We have long been committed to the recruitment and advancement of the most talented and qualified people. We recognize that MTI’s ability to provide the highest caliber of products and services is enhanced by a workforce that reflects the diversity of the communities and countries in which we work.
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