Operations Finance Controller

Core responsibilities:

Inventory policy, valuation & reserves

• Continuously validate the inventory policy: valuation method, capitalization rules, purchasing policy and COGS purchasing monitoring, reserves for excess & obsolete (E&O) and slow-moving stock.
• Calculate, forecast, and manage inventory reserves and releases; ensure inventory on the balance sheet is complete, accurate, and defensible.
• Review and evaluate safety-stock, min/max, and reorder parameters set by supply chain to assess financial risk, CF impact and potential exposure.

 

Costing sanity, yields & product-cost integrity

• Validate standard costs, BOMs, and routings; own the periodic cost roll and challenge unexplained cost movements.
• Lead budgeting and monitoring of production yields and other direct-cost elements; analyze yield performance and manage the associated financial reserves and forecasts.
• Analyze purchase price variance (PPV), manufacturing variances, and material usage; investigate anomalies to root cause.
• Provide clear gross-margin, COGS, and product-cost analysis to finance and operations leadership.

 

Inventory accuracy & operational audits

• Govern and oversee the cycle-count and physical-inventory programs executed by operations team; drive Inventory Record Accuracy (IRA) to and beyond target.
• Perform financial control and audit sampling during physical counts to ensure inventory process integrity.
• Reconcile physical count with, ERP, and financial records; investigate, resolve discrepancies and approve inventory adjustments.
• Run recurring financial-operational reviews across procurement, production, warehouse, and shipping; tests that documented policies match actual practice, and drive findings to closure.

Financial control, PO/liability monitoring & close

• Ensure the accuracy of the balance sheet through rigorous accounting reconciliations of inventory, reserves, and operational accruals.
• Support the monthly close, audit, and compliance for the operational areas of the books.
• Monitor open purchase orders (POs) and open liabilities to ensure accurate and timely financial reporting.

Business partnering & flagging

• Reporting to Director of Finance
• Work side by side with VP Operations and their team - close enough to understand the operation, independent enough to call out what isn't right.
• Raise discrepancies, risks, and control weaknesses proactively and constructively, with a recommended path to resolution.
• Support operational decisions (make/buy, supplier changes, process changes) with sound costs and financial analysis.

 

Process improvement

• Identify and implement process and automation improvements across the inventory, costing, and control functions.

 

 

 

Requirements:

Bachelor’s degree in accounting, Economics, Industrial Engineering & Management, or Finance. CPA an advantage.
5+ years in cost accounting / operational finance within a manufacturing or hardware company (electronics, Defense, industrial, or similar).
Demonstrated, hands-on expertise in standard costing, inventory valuation, reserves, and variance analysis -not just financial reporting.
Practical experience running or supporting cycle counts, physical inventories, and inventory reconciliations, and closing the operational areas of the books.
Strong ERP fluency (e.g. Priority, SAP, NetSuite, Oracle) and advanced Excel; comfort with BI tools (e.g. Power BI).
Fluent English and Hebrew.