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Plant Finance Manager

2 months ago

Groton, United States Creative Financial Staffing Full time

Plant Finance Manager Needed with Growing Manufacturing Company

What makes this a great opportunity:

  • Exciting chance to join a growing PE backed company
  • Accounting & Finance is made up of "A" players, with managers out of Big 4 and well established, publicly traded companies
  • Competitive salary, benefits and 401k match
  • Will offer great exposure to management and growth potential

About the Plant Finance Manager:

The Plant Finance Manager will serve as a key leader within the finance team, providing critical support to Operations and ensuring the integrity of financial controls related to inventory management and costing. This person will partner with the Operations team to drive company initiatives in the areas of inventory, financial controls, revenue recognition, and standard costs. The ideal candidate will be a self-motivated change agent who will work simultaneously with the Operations team and support the Director of Manufacturing Finance in driving all m/e close activities. The Plant Finance Manager will also manage project accounting revenue, costs, and margins, and assist with m/e close reporting and forecasting packages. They will help to drive compliance with all inventory/revenue financial controls, as well as help to drive all monthly forecasts and annual budget deliverables.

Key Responsibilities:

  • Review, analyze, and maintain inventories to ensure accuracy and compliance with financial controls.
  • Manage project accounting revenue, costs, and margins, including contract review file preparation for non-retrofit projects and monthly revenue recognition.
  • Assist the Director of Manufacturing Finance with month-end closing reporting and forecast packages, including updating backlog with forecast inputs from project management.
  • Analyze labor spend vs absorption, forecast absorption, and work with department managers to mitigate variances to budget/forecast.
  • Create and present standard cost update analysis to support decision-making processes.

Special Projects:

  • Ensure accuracy of the ERP Revenue Recognition Module and oversee integration of projects under $250k and service projects into this module.
  • Collaborate with engineering teams to integrate projects under $250k into the ERP Revenue Recognition Module by Q4.
  • Determine timeline and strategy for integrating service projects into the ERP Revenue Recognition Module.

Qualifications:

  • Bachelor's Degree in Finance, Accounting, or related field; MBA or CPA preferred.
  • Minimum of 7-10 years of experience in finance, with a focus on inventory management, costing, and project accounting within a manufacturing environment.
  • Proficiency in ERP systems and financial software (Epicor experience preferred).
  • Strong analytical and problem-solving skills, with the ability to interpret complex financial data and provide actionable insights.
  • Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams.

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