What are the responsibilities and job description for the Finance Manger position at Snap-tite Hose?
Description
We are seeking a highly skilled Finance Manager to oversee the financial operations of our organization. The ideal candidate will ensure accuracy, compliance, and strategic financial planning while leading the finance department. This role is critical in managing financial reporting, budgeting, and forecasting, and providing insights to drive operational efficiency and profitability in a manufacturing environment.
Essential Functions
Required education and experience
We are seeking a highly skilled Finance Manager to oversee the financial operations of our organization. The ideal candidate will ensure accuracy, compliance, and strategic financial planning while leading the finance department. This role is critical in managing financial reporting, budgeting, and forecasting, and providing insights to drive operational efficiency and profitability in a manufacturing environment.
Essential Functions
- Develop and oversee financial planning, budgeting, and forecasting to align with corporate objectives.
- Ensure the timely and accurate preparation of financial statements in compliance with Generally Accepted Accounting Principles (GAAP) and regulatory standards.
- Manage cost account processes, including inventory valuation, production costs, and variance analysis to optimize financial performance.
- Oversee cash flow management, including accounts payable, accounts receivable, and financial risk assessment.
- Maintain internal controls and compliance with IRS regulations, The Sarbanes-Oxley (SOX) Act requirements, and company policies.
- Lead and coordinate the annual audit process, working with external auditors and regulatory agencies.
- Monitor financial performance metrics, identify trends, and provide recommendations for cost savings initiatives.
- Ensure compliance with federal, state, and local tax laws, including payroll and sales tax regulations.
- Partner with operations and supply chain teams to improve cost efficiency and profitability.
- Manage capital expenditure planning and evaluate investment opportunities to ensure sound financial decision making.
- Oversee financial systems and ERP/MRP platforms, driving automation and process improvements.
- Foster and maintain relationships with banks, financial institutions, and external stakeholders.
- Support strategic decision making by providing executive leadership with financial insights and data driven recommendations.
- Mentor and develop finance team members to enhance department capabilities and career growth.
- Primarily office-based role with regular interaction across finance, operations, and all senior leadership.
- Occasional visits between facilities to collaborate with production teams and assess cost efficiency.
- Up to 10lbs of force exerted occasionally.
- Up to 5lbs frequently
- Significant sitting
- Occasional travel for financial audits, business meetings, and operational reviews.
Required education and experience
- Bachelor’s degree in Finance, Accounting, or related field (Masters/MBA preferred).
- 5-10 years of progressive finance experiences with at least 3 years in a leadership role.
- Experience in manufacturing, industrial, or production-based finance.
- Advanced proficiency in Excel, ERP/MRP systems, and financial modeling tools.
- CPA, CMA, or CFA certification is highly desirable.
- Strong expertise in manufacturing finance, cost accounting, and financial analysis.
- Proficiency with ERP/MRP financial systems (SAP, GP, Microsoft Dynamics, etc).
- Ability to communicate complex financial data to non-financial stakeholders.
- Exceptional leadership, analytical, and problem-solving abilities.
- Experience managing and developing finance teams.
