Finance Operations Lead

Company Overview:

Our client is a multi-billion-dollar global precision technology manufacturer specializing in adhesive dispensing, coating, and fluid management systems. They focus on enhancing manufacturing efficiency and product quality across various industries and continue to expand their global presence. This role supports a brand-new $200MM revenue facility that launched in November, located in Clinton, SC, and will be primarily based there, playing a key role in the facility's success.

Why Consider this Role?

• Be a Strategic Leader: This position offers the unique opportunity to be the accounting & finance expert for the entire plant, managing one Cost Accountant while serving as a strategic partner to the Director of Operations.
• Brand-New Facility: Be part of an exciting new facility that JUST launched in November 2024.
• Cross-Functional Collaboration: You'll work closely with other leadership teams, gaining exposure to multiple facets of the business.
• Competitive Compensation Package: Enjoy a competitive salary and benefits package designed to attract top talent.

Purpose and Scope of Role:

This position maintains accurate, timely, and complete financial records for all transactions from supplier to customer, using effective systems for each line of business. Responsible for accounting, financial reporting, and maintaining adequate internal controls to ensure compliance with financial policies, this role provides financial support for business decision-making and innovative planning to maximize long-term profits. You will appraise results in terms of costs, budgets, operational policies, trends, and drive increased profit opportunities.

• Responsible for overall financial management and coordination of operational results, assessing business trends, providing strategic support, addressing root causes of operation issues.

• Oversee reporting of manufacturing key performance indicators, including metric board report outs.

• Create monthly reports with manufacturing results and present to management.

• Review cost standards, including maintaining periodic cost rolls and annual updates. Ensure the use of consistent methodology and provide key factors driving change.

• Oversee the annual manufacturing budgets and forecasts for short- and long-range operating objectives, organizational structure, and staffing requirements for manufacturing and engineering operating teams.

• Work closely with operations team to help deliver their business objectives by driving the high leverage financial opportunities, such as increased capacity utilization, material cost savings, streamlined logistics, product/process cost optimization, working capital reduction, capital effectiveness and restructuring/sourcing projects.

• Provide financial analysis to all aspects of these organizations, including but not limited to gross margin analysis, labor, and overhead cost analysis.

• Prepare various journal entries, review month-end balance sheets, ensure monthly assessments and settlements are accurate and timely, review cut-off procedures, and run and reconcile OneStream reports.

• Analyze actual manufacturing costs and prepare periodic reports comparing standard costs to actual production costs; review manufacturing variances (PPV, POV) and manufacturing absorption analysis reports.

• Oversee global reporting, planning, and forecasting of Indirect Cost of Sales for all manufacturing locations.

• Compare performance with operating plans and standards. Provides reports and interprets the results of operations to all levels of management. This includes the formulation of accounting policies, the preparation of financial statements and operating data, the coordination of systems and procedures, and special reports as required.

• Provide support in the development of product costing module in new implementation of SAP S/4HANA.

• Assist in the coordination of SOX activities for assigned locations.

• Model Capital investments used in our manufacturing locations for costs and savings. Track and report on results.

• Acts within scope of authority and consistent with Company objectives, guidelines, policies, and practices.

• Other duties as assigned.

Education and Experience Requirements:

• Bachelor's degree in Accounting, Finance, or related field of study required. MBA, CPA, CMA desirable.

• Prior experience with Standard Costing practices within manufacturing environment required.

• A minimum of ten (10) years’ experience analyzing past results, performing variance analysis, identifying trends, and making recommendations for improvements to senior management.

• A minimum of ten (10) years’ experiences ideally gained through providing decision support for growth initiatives and strategic planning within a global manufacture operation.

• Experience with ERP system required; SAP critical.

• Working knowledge of manual and automated accounting systems, well-developed financial analysis capabilities, and demonstrated ability to manage micro computer operations and applications.

Preferred Skills and Abilities:

• High energy level, comfortable performing multifaceted projects in conjunction with normal activities.

• Strong analytical and reasoning abilities.

• Strong numeric and spreadsheet skills.

• Well-organized with sound administrative skills.

• Well-developed management skills - principles and people.

• Detail oriented

• Participative management style - advocate team concept.

• Strong communication skills with the ability to communication effectively at any level.

• Ability to work in a fast paced environment with competing priorities; ability to multi-task.