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Manager, Finance, Plan

2 months ago

Haverhill, United States Magellan Aerospace Full time

Job Summary:

Magellan Aerospace, Haverhill is a world-class manufacturer of precision machined aerospace components. We have an exciting opportunity for a Finance Manager. The successful incumbent will plan, organize, direct, and control the accounting and control function of the division, reports operational results, and provides chronological systems. Position Responsibilities Coordinates and administers an adequate plan for the control of operations. Such a plan provides profit planning, sales forecasts, expense budgets, accounts receivable, cost standards and saving opportunities, and capital investing, together with the necessary controls and procedures to effectuate the plan. Compares 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. Forecasts short-range and long-range cash requirements and obligations, as a basis for maintaining adequate funds. Assures protection for the assets of the business through internal control, internal auditing, and ensuring proper insurance coverage. Monitors credit and collection applications. Approves terms above a predetermined dollar amount. Assists Programs in establishing and maintaining product pricing policies. Provides other company units with related information required by them to carry out their assigned responsibilities. Establishes and implements a sound operational and organizational plan in direct support of the business plan. Keep the Division Manager informed of the division’s performance and provides advice on all financial matters. Executes cash disbursements for payment of corporate and divisional expenditures in accordance with disbursement and policies. Monitors inventory levels and advises management regarding variances to budget. Develops and presents to the Division Manager, matters requiring his or her decision. Assumes other special activities and responsibilities as required Develops and recommends budget. Authorizes expenditures in accordance with budget. Approves budget and expenses of subordinates. Develops short- and long-range operating objectives, organizational structure, and staffing requirements. Assures that the duties, responsibilities, and authority of each job are clearly defined, effective, and communicated to incumbents. Assures that management training and development needs are identified and programs initiated. Assures that qualified personnel are selected and that orientation and on-the-job training programs are conducted and effective. Develops an adequate plan for backup and succession of management and other key personnel. Monitors performance of direct reports. Provides prompt and objective coaching and counseling. Reviews direct reports and approves performance appraisals initiated by direct reports. Ensures that an MBO-based performance appraisal system is administered effectively. Assures that a positive employee relations position is maintained. Ensures that the company’s management principles, policies, and programs are consistently practiced. Approves effective personnel action initiated by direct reports. Assures that effective communications are maintained within areas of responsibility. Where appropriate, informs employees as to plans and progress. Conducts employee discussion sessions at regular and frequent intervals. Assures that the necessary coordination within the area of responsibility is taking place and that coordination of the assigned area with those of other company or corporate units is taking place. Resolves problems involving coordination. Consults with all segments of management responsible for policy or action. Makes recommendations for improving the effectiveness of policy or practices. Acts within scope of authority and consistent with company and corporate objectives, guidelines, policies, and practices. Ensures optimum performance of the function. Recommends and implements techniques to improve productivity, increase efficiencies, cut costs, take advantage of opportunities, and maintain state-of-the-art practices. Keeps abreast of current trends and practices in field of expertise. Assumes other special activities and responsibilities from time to time as directed. Position Qualifications B.S. degree in Accounting or Finance A minimum of eight (8) years’ experience ideally gained through increasingly responsible management positions within Finance A minimum of two (2) years’ recent experience as a Finance Manager or Controller with responsibility for accounts, budgeting, cost accounting, credit and collections, and finance. Preferably annual sales of $25 million to $40 million Affiliations with successful manufacturing companies Sound administrative skills. Well-developed management skills-principles and people Superior numeric skills Satisfactory communication skills, written and verbal Well-developed interpersonal skills. Ability to get along well with diverse personalities—tactful—mature—flexible Proven ability to recruit, train, and motivate personnel in order to balance staffing strength with profitability Strong analytical and reasoning abilities Results- and profit-oriented with the ability to balance other business considerations High energy level, comfortable performing multifaceted projects in conjunction with normal activities Well organized Participative management style—advocates team concept Why Magellan? Generous Company Pension Plan Employee Assistance Plan Confidentiality Magellan Aerospace respects the privacy and confidentiality of personal information provided by candidates and shall not disclose to any external parties unless legislated. Magellan Aerospace is committed to an inclusive working environment and equal opportunities for all. We welcome all applications without regard to social and cultural background, age, gender, disability, sexual orientation, national origin or religious belief, status as a protected veteran, or any other characteristic protected by applicable federal, state, or local law) Magellan, Magellan Operating System, MOS, Wire Strike Protection System, Wire Strike and WSPS are trademarks of Magellan Aerospace. All content, photography and documents within are the exclusive copyright of Magellan Aerospace Corporation. All rights reserved. Site by Premise.

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