Manufacturing Financial Manager
10 hours ago
Key Responsibilities:
- Oversee the manufacturing financial database, ensuring accuracy and completeness.
- Integrate new product lines as necessary.
- Set benchmarks for raw materials and inventory items, as needed.
- Define standards for procured finished goods.
- Determine production efficiency metrics for all product lines.
- Establish standard costs and routing procedures for all offerings.
- Develop departmental labor and overhead cost structures.
- Facilitate the assessment and documentation of cost-saving initiatives within the facility.
- Lead meetings focused on cost reduction strategies.
- Relay financial performance insights to plant leadership and staff.
- Compile monthly sales projections and profit and loss statements.
- Generate necessary journal entries for month-end financial closure.
- Address and rectify discrepancies in financial transactions and reports.
- Prepare a variety of financial reports on a weekly, monthly, and quarterly basis.
- Review and/or generate daily efficiency and material consumption reports.
- Coordinate and supervise the annual physical inventory process.
- Prepare monthly journal entries for accruals and expense accounts.
- Develop the annual budget and engage in the yearly audit process.
- Participate in monthly corporate accounting discussions.
- Collaborate with the corporate operations accounting team to support the plant with periodic reporting, month-end closure, and ad hoc financial analysis.
Qualifications:
- Bachelor's degree in accounting or finance; CPA or MBA preferred.
- Minimum of five years of relevant experience and/or training.
- Prior experience as a Plant Controller in the automotive or manufacturing sectors is highly desirable.
- Strong communication skills across all organizational levels.
- Familiarity with accounting software, database management, manufacturing systems, and payroll applications.
- Proficient in Microsoft Office Suite—Word, Excel, PowerPoint, Outlook—as well as Manufacturing ERP systems (such as Oracle) and Hyperion.
Company: UGN
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