Job description
Senior Finance Manager- Manufacturing
Salary Type: Exempt
Location: Irwindale, Calif.
Position Summary:
Support the Manufacturing Managers as a trusted co-pilot within the Manufacturing Team (vision, organization, practices, and initiatives/projects) on a day to day, as well as on a long-term strategic view. Provide visibility around costs related to the factory processes through the driving of relevant analysis and reporting (monitoring of the budget and controlling the variances). Ensure adherence to financial/legal requirements and BFA Internal Controls.
What you’ll be doing:
- Challenge assumptions in seeking cost improvements in factories. Seek for and
- support cost improvement opportunities. Be an active contributor to improvement
- projects and initiatives. Validate and review proposed savings
- Coordinate reporting of actuals and forecasts for the factory. Organize and oversee
- Follow up and monitor progress to close gaps, ensuring BFA financial policies, Accounting Standards, and Costing Standards are followed
- Participate in business planning. Prepare and coordinate the factory budget with
- factory management. Perform revisions or simulations if needed
- Develop, control, and ensure robust evaluations of capital investment plans and
- requests
- Ensure clear control and visibility of assets and liabilities, including the development,
- implementation, and compliance with internal controls
- Coach and develop the finance personnel as individuals and as a team, including
- career and succession planning
- Promote clear understanding of financial key figures and costing within the factory,
- including organizing training sessions for non-specialists
- Ensure full transparency of costs and financial impact to the organization of major or
- strategic decisions relating to the factory
- Organize internal and external benchmarking of factory performance and factory
- product costs
- Coordinate and be key contact for internal and external audits within the factory
Desired Qualifications:
- B.S. Degree in accounting, or other finance degree or equivalent.
- Minimum of 10 years’ experience in a manufacturing facility.
- At least 3 years in a supervisory role
- Ability to communicate to all audiences within the organization
- Leadership experience with direct and indirect reporting relationships
- Demonstrated ability to design financial & non-financial measurements and key performance indicators (KPI’s) to drive improved business performance
- Proven ability to connect the dots and craft the story to support the financial analysis
- Working knowledge of budget preparation and forecasting across the full P&L
- Working knowledge of financial concepts & principles including cash flow, NPV, IRR,
- ROI, Economic Profit, etc.
- Ability to understand and communicate the drivers of product profit & loss
- Complex financial modeling skills
- Knowledge of the principles of cost accounting and activity-based costing
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