Mexico Controller

About Company

ENNOVI, a Mobility Electrification Solutions Partner, is a world leader in designing and manufacturing customized interconnect and high-precision system solutions for electric vehicles. We are fully dedicated to the mobility market with the agility to act at speed in realizing EV OEMs’ needs, from product, process, and manufacturing, on a global level. ENNOVI is accelerating EV market customers’ ideas and requirements through end-to-end competencies in battery systems, power and signal interconnect needs. Headquartered in Singapore, ENNOVI maintains a global presence across North America, Europe, SEA and China, ensuring that all our activities are socially responsible and have minimal environmental impact. ENNOVI. Electrify faster. Learn more at .

Ennovi is an equal opportunity employer in conformance with all applicable laws and regulations to individuals who are qualified to perform job requirements. We administer our personnel policies, programs, and practices in a non-discriminatory manner in all aspects of the employment relationship, including recruitment, hiring, work assignment, promotion, transfer, termination, wage and salary administration, and selection for training.

Why Join Us

At Ennovi, we envision a future of electrification and innovation and strive to create an inspiring workplace where our employees are integral to shaping that future. We offer a dynamic, collaborative and inclusive culture that encourages continuous learning, professional growth, and a sense of purpose. As a part of the Ennovi family, employees experience the excitement of being at the forefront of cutting-edge technologies and contributing to a sustainable future.

Our commitment to the transformation is epitomized by our five pillars: Speed, Innovation, Best Talent, Global Reach, and Sustainability. This entails navigating exponential market changes through agile structures, fostering innovation across all aspects of our business, strategically expanding our global footprint, championing sustainability initiatives and nurturing a winning team.

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Job Summary

The Mexico controller is an integral member of the regional management, with the primary objective of sound financial management, integrity of financial reporting and performance enhancement. A successful controller leads an effective and efficient Finance function, provides timely actionable financial information and analysis to Site and regional management and function heads to aid planning and decision making. Where necessary, the controller must also act as the voice of reason and prudence, or police the enforcement of relevant Financial Policies and Procedures.

Working Relationships

• Region, Division and Corporate Finance: Direction and close interaction, including for on-boarding, and special exercises on corporate restructuring / capitalization, taxation and treasury matters as set-out in Section C.
• Finance: Understand organization, processes and business/ERP systems, as to learn and enable set-up of processes & systems.
• Business Managers and operations: Provide hands-on financial and commercial support. Assist liaison and commercial negotiations with external strategic vendors or service providers.
• Other functions: Assist with ad hoc matters.

Main Responsibilities

Accounting and Financial Reporting

• Implement and maintain systems, processes and organization to ensure the integrity & timeliness of financial reporting according to statutory requirements, and Interplex financial policies & procedures.
• Perform monthly accounting close and submit management reporting in accordance with Corporate HQ requirements as stipulated in IFM: Period End Reporting.
• Ensure assets and liabilities are fully recorded in the accounts and stated at fair value, and PNL reflects the sites or business unit’s financial performance. Ensure compliance to KCFRs and IFMs (Interplex Financial Manuals) and applicable Supplementary Financial Procedures (SFPs).
• Ensure accuracy of Parts costing and GP margins by maintaining and/or monitoring key controls over BOM, Routings, labour and overhead absorption rates.
• Ensure accuracy of financial outlook/forecast (PNL and Cash Flows) by maintaining close communication and information transfer between line management and relevant functions such as production planning/ operations, sales, supply chain and HR.
• Ensure timely and compliant filing of statutory accounts in accordance with country requirements, including audited financial statements, direct and indirect taxation, and other filing requirements.

Taxation

• Comply with country tax regulations and statutory requirements and pursue lawful tax savings opportunities in collaboration with Corporate Tax. Observe the Taxation RACI and Tax ALM.
• Comply with reporting and qualification requirements for tax exemptions, reliefs, or concessions.
• Ensure corporate tax filings, transfer pricing documentations, and other filing requirements are prepared accurately and filed on timely basis. Implement necessary checks and validation.
• With respect to accounting for taxes, ensure:
• Tax expense provisions are made in compliance with approved tax provisioning methodology
• Upon finalization of tax returns, the tax payable is promptly reconciled to the balance sheet provision and any over/under provisions are adjusted immediately in the P&L
• In case of tax controversies, significant positions should be supported by professional tax advice.
• Tax receivables, including advance taxes, VAT or GST, must be properly reconciled to filing / returns. Refunds of tax recoverable (e.g. VAT) must be pursued as soon as possible.

Transaction Processing & Internal Controls

• Maintain a system of internal controls that ensures:
• All assets are safeguarded and access to assets is only permitted when authorized by management.
• Transactions are executed according to management authorization and business requirements.
• Retention of financial records in accordance with statutory requirements.
• Transactions are recorded accounts and prepare financial statements in accordance with GAAP.
• Incompatible duties are adequately segregated.
• Maintain an efficient and effective transaction processing system for goods delivery and customer invoicing, accounts receivables and collection, accounts payables processing and cash disbursements.
• Work with relevant functions to ensure sound controls over business processes that impacts financial statements, including procurement, goods receipt/deliveries, payroll and petty cash.

Business Partnering & Financial Performance Management

• Play a key leadership role in Operations management. Be the business / financial partner to Plant management to drive current and future financial performance, and where necessary enforce compliance to Interplex Financial Policies and Procedures.
• Focus on key PNL financial metrics such as growth, costs, productivity and profitability, as well as Cash Flow and Working Capital Metrics such as FCF, DSO, DIO, Ageing, DPO and ROIC.
• Provide relevant analysis (e.g. Parts GP, Outlook vs Budget, etc), and collaborate with Site GM and department HODs to enhance understanding of financial performance, root causes and opportunities. Implement improvement initiatives, monitor and drive results.
• Perform investment return analysis for capex and participate in review of major RFQ programs. Assist is prioritizing capital allocation according to business needs, risks and returns. Employ the various tools and guidelines provided by Corporate HQ for investment evaluation.

Governance & Organization Planning

• Promote good governance and culture of sound financial management at the site. Enforce compliance to internal controls and accurate financial reporting.
• Plan and build the finance organization in accordance with business growth and complexity. Focus on succession planning and competence building of key positions.
• Mentor, promote and reward team members to drive motivation and retention of key personnel.

Qualifications

• Bachelor’s or master’s degree in accounting, Finance or Related Field.
• Over 10 years of experience in similar roles.
• Proficiency in English (and local language in country of operations).
• Professional integrity, honestly and able to maintain strict confidentiality.
• Strong leadership and organizational management skills, ability to lead by example.
• Detailed and Hands on, yet delegates effectively.
• Experience in manufacturing environment. Exposure to the site’s manufacturing processes (e.g. stamping, molding, plating, etc.) will be an advantage.
• Advanced Excel and ERP skills. Preferably SAP.
• Excellent written, oral, and interpersonal communication skills