What are the responsibilities and job description for the Finance Manager position at Synectics Inc?
Job Description
Job Description
Job Description :
This role leads and is responsible for financial reporting and technical accounting applications to include US GAAP compliance, evaluation and implementation of new accounting rules and guidance for complex transactions, internal controls support, year-end close and audit support, product cost maintenance, inventory management and management reporting among other tasks for the Bio-Sterile manufacturing facility.
This position must comply with all Security guidelines, Environmental Health and Safety regulations and the current Good Manufacturing Practices (GMP) required by the job function.
Execute monthly, quarterly, and annual financial close processes
Maintain Product Costs in Oracle
OPM management (Copy costs, close WIP batches, run pre-processor, create accounting, and open Orgs)
Update Source Org Rollup in OPM
Check for Inventory Mfg. Errors
Inventory management
Support the Site MRB Review process
Perform Inventory write-offs & reserves analysis and highlight potential risks
Perform quarterly 3rd party WHSE visits, inventory count audits and monitor WHSE cycle counts
Material disposals / destructions periodic controls verification
Manufacturing overhead and absorption tracking and monthly closing
Manufacturing variance analysis
WIP analysis
PPV analysis
Headcount and Department Expense Tracking / Reporting
Coordinates and record spending accruals for MRO, services and utilities.
Participates in Business Unit meetings and Tiers, prepares financial results package and cost data for discussion
Works with business leaders to establish reporting and provide analysis that will assist operations in achieving and help drive performance.
Fixed Assets & Capital reporting (CIP review, fixed asset reporting, depreciation calculations)
Fixed Assets reporting (CIP, Spending, Capitalizations, Project Closings)
CIP Reviews
Depreciation calculation & tracking
Annual Idle Fixed Assets Review
Payroll to GL review / reconciliation
Balance Sheet Account Reconciliations
Budget / Projections : Responsible for select departments
Assists with internal and external audits
Represents Finance in the site's forums / meetings and shares financial results.
Assists and supports Operational Excellence and other areas with the calculation of financial impact on opportunities
Maintain internal control procedures as well as ensure compliance with SOX
Acts as the back-up for the Finance Associate Director
Performs ad hoc analysis
Participates in special projects and also guides and supports other team members
Regular contact with the site department managers including senior leaders to discuss financial results, headcount requirements, budget and projection development.
Daily contact with Finance team and internal client groups the role supports to ensure alignment with objectives.
Frequent interaction with GPS Finance team at headquarters- to align and clarify doubts about monthly financial results, projection and budget requirements.
Frequent interaction with Operations Business Owners for SOX internal controls and spending monitoring to ensure awareness and compliance with internal controls.
Occasionally interacts with Internal and External Auditors to provide required information related to internal controls.
Occasionally interacts with employees from other manufacturing sites to discuss new regulations and laws and ensure alignment.
Limited contact with external customers, governmental officials, inspectors, vendors, and suppliers.
Qualifications :
Required BA or BS in Accounting and / or Finance; CPA preferred.
Minimum 3 years of Cost Accounting experience with at least 2 years of relevant pharmaceutical manufacturing finance experience.
Proven analytical skills with the ability to drive strategy and understand the impact across the organization.
Excellent problem-solving skills.
Strong presentation and communication skills, both verbally and in writing; ability to clearly explain financial information to a variety of audiences, including non-financial stakeholders.
Ability to set rigorous technical / architectural standards while speaking the language of the business to influence the strategic direction for reporting, analytics, and data quality capabilities.
Team player able to interact with all levels and work on projects in a cross-functional team environment as well as interfacing effectively with corporate counterparts.
Strong interpersonal and negotiation skills and strong customer focus with the ability to recognize the impact of decisions on end users.
Proficient in SAP and Microsoft Office (Microsoft Excel and PowerPoint).
Substantial understanding of Generally Accepted Accounting Principles (GAAP) and Sarbanes-Oxley (SOX)
Benefits :
Healthcare Insurance : Synectics offers eligible employees and their dependents healthcare coverage through BlueCross BlueShield of Illinois. Eligibility begins on the 1st day of the calendar month following 60 days of continuous full time employment with Synectics. Premiums are subsidized by Synectics.
Dental Insurance : Synectics offers eligible employees and their dependents a dental plan through MetLife. Eligibility begins on the 1st day of the calendar month following 60 days of continuous full time employment with Synectics.
Vision Insurance : Synectics offers eligible employees vision insurance through VSP. Eligibility begins on the 1st day of the calendar month following 60 days of continuous full time employment with Synectics.401(k) Plan : The Synectics Inc. Investment Savings Retirement Plan. Synectics offers all employees who are 21 years of age or older the opportunity to invest in the 401(k) Plan on the first enrollment date that is at least 30 days after employment begins. Enrollment dates are each January 1st, April 1st, July 1st, and October 1st.
Technical Certification Bonus : Synectics is pleased to award its employees a bonus of up to $500 for an approved professional certification. In determining the bonus amount, Synectics will consider the cost of the test(s) for any certification relating to your current position, achieved during your employment with us. Only one Certification Bonus per calendar year may be awarded per employee. Only current, active employees will be eligible to receive this bonus. It will be awarded 90 days after the Synectics office has received documentation confirming the successful completion of the certification.
Synectics is an equal opportunity employer.