Financial Operations Specialist

2 weeks ago


Grand Prairie, Texas, United States Baumann Springs USA, Inc. Full time
Job Description

Overview

The Financial Operations Specialist is responsible for managing and analyzing financial data to support the company's operational efficiency. This role involves various financial activities that align with local financial strategies and standards, focusing on banking operations, cost analysis, pricing strategies, supplier management, and sales performance trends. The ideal candidate will work collaboratively within a team to ensure the financial health of the manufacturing plant.

Key Responsibilities

  • Document daily financial transactions, including accounts payable and receivable, general ledger entries, and bank reconciliations.
  • Manage accounts payable processes, including three-way matching and payment processing, while coordinating with purchasing departments and vendors to resolve discrepancies.
  • Identify and prioritize accounts with critical material needs within the production supply chain.
  • Oversee the collection and posting of accounts receivable.
  • Assist in calculating standard production costs, analyzing variances, and reviewing production routing for accuracy.
  • Support and conduct audits of cycle counts and annual inventory assessments.
  • Facilitate monthly adjustments related to indirect material consumption.
  • Participate in regular audit processes.
  • Assist with month-end and year-end closing procedures, including accrual postings.
  • Generate periodic financial reports for management review.
  • Audit financial transactions and ensure compliance with documentation control procedures.
  • Organize financial data into actionable insights and maintain up-to-date records.
  • Perform additional duties as required.

Qualifications

  • A minimum of 5 years of experience in a manufacturing finance role.
  • Proficiency in ERP systems, with a preference for SAP.
  • Strong computer skills, particularly in MS Excel, including advanced spreadsheet management and data analysis.
  • Comprehensive knowledge of bookkeeping practices in a dynamic manufacturing setting.
  • Exceptional attention to detail and commitment to confidentiality.
  • Strong analytical skills to effectively manage large datasets.
  • Ability to present financial information to senior leadership.
  • Strong organizational skills with the ability to prioritize tasks effectively.
  • A Bachelor’s degree in Finance, Accounting, or Engineering is preferred.

Company Overview

The BAUMANN Group has been synonymous with Swiss precision and quality for over 130 years. As a leading manufacturer of springs and stampings, we operate eleven production facilities worldwide, employing over 1,600 individuals dedicated to designing and producing technically advanced products for various industries, including automotive, electrical engineering, and medical technology. We pride ourselves on fostering a diverse and inclusive workplace, welcoming applications from individuals of all backgrounds and experiences.



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