Finance Manager
2 days ago
For more than 100 years, Modine has solved the toughest thermal management challenges for mission-critical applications. Our purpose of Engineering a Cleaner, Healthier World means we are always evolving our portfolio of technologies to provide the latest heating, cooling, and ventilation solutions. Through the hard work of more than 11,000 employees worldwide, our Climate Solutions and Performance Technologies segments advance our purpose with systems that improve air quality, reduce energy and water consumption, lower harmful emissions, enable cleaner running vehicles, and use environmentally friendly refrigerants. Modine is a global company headquartered in Racine, Wisconsin (U.S.), with operations in North America, South America, Europe, and Asia. For more information about Modine, visit
Position DescriptionWe are seeking a dynamic and experienced Plant Finance Manager to join our team in Franklin, WI. This individual will act as a key strategic partner to the Plant Manager and the site leadership team, providing robust financial oversight and guidance. The ideal candidate will be a hands-on leader responsible for all aspects of plant financial planning and analysis. This high visibility role is critical for driving profitability, ensuring financial integrity, and supporting our continuous improvement culture in a complex manufacturing environment.
Key ResponsibilitiesFinancial Planning & Analysis
- Lead the plant's monthly forecasting and annual planning functions, ensuring alignment with overall business objectives.
- Analyze plant financial results against prior forecasts and plans, providing clear, actionable insights to leadership.
- Oversee the compilation and timely submission of standardized financial and KPI reports, including the Monthly Business Review (MBR) package, monthly flash results, variance analyses, and daily dashboards.
- Communicate actual and forecasted financial results in clear business terms to various levels of management.
Cost Accounting & Operational Finance
- Apply an understanding of manufacturing financial principles, including cost accounting, routing and BOM analysis, labor efficiency tracking, and PPV analysis to provide accurate product costing and reporting, production variances and margin analysis.
- Support annual cost roll including labor and overhead standard rate setting, material price and supplier changes
- Develop and implement creative, effective methods for tracking daily production and efficiency for complex, large-scale modular units to answer the questions: "How did we do today?" and "Are we on track?"
- Calculate plant performance and review with the relevant leaders to drive improvements
- Support accounting with the annual physical inventory, and monitor results of the routine cycle count processes, E&O and production scrap. Partner with accounting to ensure inventory valuation practices are consistent with GAAP
- Lead initiatives to improve cash flow and working capital by aligning with procurement and sales teams to optimize DPO and DSO
Business Partnership & Continuous Improvement
- Serve as a key resource and financial advisor for the Plant Manager and other operational leaders.
- Collaborate closely with plant leadership to establish production standards, validate cost savings, and drive operational efficiency.
- Drive business results by supporting and utilizing 80/20 disciplines and techniques.
- Support Regional Finance Director in the analysis of and justification of significant investments, including large capital expenditures using ROI and payback analysis
- Bachelor's Degree is required in Accounting or Finance.
- A minimum of 7 years of relevant financial experience in a manufacturing environment.
- Strong, demonstrated skillsets in, financial analysis, forecasting, and driving business results.
- Hands-on experience with an integrated ERP system and a global consolidation system. SAP and HFM a plus.
- Proficiency with Microsoft Excel and strong skills in PowerPoint and Word.
- A thorough working knowledge of US GAAP.
Travel: Travel requirements are 5% to 15%, dependent on business needs and the timing of major initiatives.
Why Choose Modine?
Health & Well-being:
- Day One
- Competitive health, dental & vision insurance coverage
- Employee Assistance Program (EAP)
- After 90 days of continuous employment
- Maternity Leave (12 weeks at 100% pay)
- 8 weeks of short term disability leave paid at 100%
- 4 weeks of paid parental leave paid at 100%
- Paternity Leave (4 weeks at 100% pay)
Financial Benefits:
- 401k Retirement plan and company paid match
- Life Insurance
- Health Savings Account (HSA) with employer contribution
- Flexible Spending Accounts (FSA)
- Short Term Disability (company paid)
- Long Term Disability
Work-Life Balance:
- Competitive time-off policies
- Tuition Reimbursement
Modine is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other characteristic protected by law. However, this position is not eligible for employer-sponsored work authorization. Applicants must be legally authorized to work in the United States without current or future sponsorship. Modine provides a competitive benefit package, which could include paid vacation, short term disability, 401(k), health, dental, vision, life insurance, flex spending benefits, tuition reimbursement, Health Savings Account and much more. Human Resources will provide more detail upon your hiring.
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