What are the responsibilities and job description for the Finance Manager position at Gilman Precision?
Company Description
Gilman Precision, located in Grafton, WI, has been a leader in manufacturing precision machine tools since 1952. With over 70 years of experience, Gilman is known for producing high-tolerance machine tool components in the industry. Their services include contract manufacturing, custom engineering, and repairs for industries such as aerospace, medical, mining, pharmaceutical, and food and beverage.
Role Description
This is a full-time on-site role for a Finance Manager at Gilman Precision in Grafton, WI. The Finance Manager will be responsible for overseeing financial activities, preparing financial statements, monitoring cash flow, managing budgets, conducting financial analysis, and ensuring compliance with regulations. The role involves collaborating with other departments and providing financial insights to support decision-making.
Responsibilities:
(a) Financial Planning & Reporting:
- Develop and manage financial plans, budgets, and forecasts.
- Prepare monthly, quarterly, and annual financial statements and reports.
- Prepare capital expenditure reasoning and plans.
- Provide analysis of financial data, including variances against forecasts and budgets.
- Ensure compliance with relevant accounting standards and regulatory requirements.
- Manage cash flow, ensuring sufficient liquidity to meet operational needs and capital expenditure requirements.
- Monitor and optimize working capital.
- Implement and maintain internal financial controls to safeguard company assets.
(b) Proposal Management & Compliance:
- Support customer job proposals/quoting by analyzing costs and revenues to ensure profitability.
- Track job progress and financial performance, ensuring cost-effective measures are in place.
- Support accounting functions with work-in-progress (WIP) reporting, revenue recognition, and contract management
- Negotiate financial terms with customers and vendors when necessary.
- Support internal and external audit processes.
- Support quality function (ISO standards)
Qualifications
- Bachelor’s degree in Finance, Accounting, Business Administration, or a related field
- 5-10 years of experience in a financial management role within the manufacturing industry
- Proficiency in financial software and/or ERP systems.
- Strong analytical and problem-solving abilities
- Excellent communication and interpersonal skills
- Ability to work collaboratively in a team environment
Compensation
- $100,000 to $120,000 base pay range
- Performance-based cash bonus
- Health, Vision, Dental & Retirement Benefits
Salary : $100,000 - $120,000