Operations Finance Manager

Job Description:

The Operations Finance Manager reports to the Director of Finance. This role serves as the key Financial business partner to the Site(s) Operations lead(s) while interfacing with FP&A, Cost Accounting, and Commercial. This position may be responsible for multiple site Platforms or locations and may travel as necessary to support accordingly. The position is responsible for delivering insightful financial guidance to operations, conduct budgeting & forecasting, provide value-added business analysis, and identifying and analyzing continuous improvement opportunities to achieve P&L and Balance Sheet targets for the platform(s) / site(s).

KEY RESPONSIBILITIES:

• Provide Overall financial leadership to assigned operations unit(s) to deliver Operational and Financial results.

• Provide counsel to business leaders to drive and optimize revenue growth, profitability, inventory, cash, and capital investment while identifying Risks and Opportunities

• Provide business decision support, guidance, and oversight of site financial planning, analysis, and internal controls

• Strategic business partner to the site VP of Operations & the entire plant staff and collaborate to meet P&L targets.

• Perform detailed budgeting, forecasting, and business development support

• Ensure predictability of financial results by driving effective AOP and monthly forecasting processes resulting in accurate estimates of the sites Revenue, COGS, headcount, and Profit

• Provide local support of PRR (production readiness reviews) / PSR initiatives and analysis of projects along with life cycle reviews

• Provide local support on capital / CAR support, development, and analysis

• Establish, maintain, and enforce proper internal control policies and procedures for assigned platform(s) /site(s)

• Review Operating results, identify risks and opportunities, and recommend actions to improve overall operational and financial performance

• Provide a reconciliation of the plant’s operational performance and the financial performance & develop bridges accordingly

• Work closely with manufacturing operations and Cost Accounting to ensure accuracy of material, labor, and overhead cost allocated to jobs

• Participate in the month-end close process, including proposing and analyzing journal entries and analysis of various operating reports, coordinating with Cost Accounting on journal entry creation to address corrections to the reported results, and preparing flash reports and walks

• Prepare monthly Trend review information and support, partnering with Operations leaders

• Provide insight on optimizing inventory performance and Days-On-Hand/Turns, while ensuring accuracy of inventory valuation and influencing appropriate disposition of reserves at assigned sites

• Support Cost Accounting in the annual process for setting standard cost

• Provide analysis and support Cost Accounting as they roll standard cost for new products including review of bill of materials and method of manufacturing

• Weekly Reporting and analysis against Key Performance Indicators (KPI’s)

• Analyze product profitability

• Lead significant focus on site level continuous improvement ideation, measurement, and reporting.

• Work closely with operations to implement and achieve lean initiatives

• Support site leadership in day-to-day activities

• Prepare ad-hoc financial analysis to support senior management decisions

Qualifications & Experience:

• Bachelor’s degree in Finance, Accounting, Economics or related field required; MBA or Master’s degree strongly preferred

• 5 + years of finance or accounting experience with at least 3 years in manufacturing environment

• Knowledge and awareness of local governmental statutes and Free Trade Zone regulations (PROCOMER, Ministerio de Hacienda, etc.)

• Experience with Lean Accounting a plus

• Analytical and data driven

• Strong Excel skills and experience with ERP systems such as Epicor, JD Edwards, or SAP

• English language proficiency required

• Effective verbal and written communication skills, and the ability to communicate with cross-functional business partners.

• Experience with Workday, Adaptive for Financial Planning or systems such as Hyperion, Cognos, TM1 a plus.

SUPERVISORY RESPONSIBILITIES:

Have supervisory responsibilities: No

Leadership: N/A

Supervises: N/A

COMMENTS: This job description is an outline of the major recurring responsibilities of the job. It is not intended to be all‑inclusive of the work to be performed. Similarly we cannot identify all the skills a position may require since job responsibilities and the Company’s needs may change over time. Therefore, the above job description is not comprehensive or exhaustive. The Company reserves the right to adjust, add to or eliminate any aspect of the above description. The Company also retains the right to require all employees to undertake additional or different job responsibilities when necessary to meet business needs.