Finance Manager Raleigh, NC
Department: Finance FLSA Status: Exempt Salary: DOE Reports To: General Manager - Finance ** This position is seeking candidates with over 5 years of experience in finance operations within the manufacturing industry, specifically in financial closing, fixed asset and inventory management, standard cost calculation, data modeling, and audit preparation. **
Position Summary: The Finance Manager will have a crucial responsibility in supervising and controlling all financial operations within the company. This includes ensuring adherence to financial laws, offering strategic financial advice to facilitate business choices. The role demands a meticulous and analytical expert with substantial background in financial analysis, reporting, budgeting, and leading teams in a high-volume manufacturing setting, ideally within automotive manufacturing. The perfect candidate should possess advanced financial expertise to uphold a healthy financial statement while striving for the company's profitability. Minimum Qualifications (Education and Experience):
- Bachelor's degree in finance, accounting, or a related field
- Minimum 5 years of experience in a mass production manufacturing company, preferably in the automotive industry
- High-level expertise in Microsoft Excel, including PowerPivot and financial modeling.
- Fluency in Japanese or a minimum of 3 years of professional experience in a Japanese company
- Proficiency with ERP systems and business intelligence software; familiarity with Microsoft Dynamics AX is advantageous but not required.
Position Duties and Responsibilities include:
- Financial analysis and reporting:
- Oversee journal entries for month-end closing and analyze monthly results by the 5th business day
- Prepare financial statements in accordance with US GAAP, and provide supplemental information and analysis in compliance with Japan GAAP and IFRS
- Report financial results to company executives and the parent company for monthly and annual financial consolidation based on IFRS, including providing result explanations and analysis
- Manage company-wide capital investments, maintaining sub-ledger for construction in progress and fixed assets
- Perform financial KPI analysis, including fixed expenses, proportional cost, and headcount to understand cost behavior and trends, reporting findings to relevant parties within the company
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- Operate financial consolidation software such as STRAVIS
- Budget
- Lead the company's budget kick-off meeting and manage the entire budget establishment process, including gathering information, consolidating data at the company's P&L level, analyzing, negotiating with departments, and reporting to management and the parent company
- Track fixed expenses monthly and create budget vs actual reports for the management team for review and analysis
- Track proportional costs monthly by analyzing per-unit costs in areas such as scrap, indirect material, and labor; distribute monthly budget vs. actual per-unit analysis reports
- Analyze actual per-unit cost reports to identify cost-reduction opportunities
- Other
- Supervise a minimum of two team members
- Initiate monthly reviews and reconciliations to maintain clean balance sheet accounts
- Control and manage company's approval process (Ringi)
- Manage tax matters (Federal, State, local-property, sales & use, etc.) and company insurance matters
- Implement new accounting standards as requested
- Participate in new ERP system implementation with other North American related companies
- Work closely with Manufacturing departments to understand their financial needs as well as support their activities or plans by performing return on investment analysis
- Perform ad-hoc financial analysis and special projects as required
Financial analysis and reporting 40% Budget related 30% Other Duties Assigned 30%General Skills and Abilities:
- Ability to promote and carry out the company's Global Philosophy
- Strong analytical skills and attention to detail
- Ability to work under pressure and manage multiple priorities
- Excellent communication and presentation skills
- Takes initiative in completing tasks with little direction from Management
- Maintains clean and orderly work environment to meet 5S Standards
Specific Skills and Abilities:
- Demonstrate ability in utilizing spreadsheets including pivot tables, formulas, and dashboards as well as advanced user in Microsoft Excel, and PowerPoint. Microsoft Access, PowerBI or BI tool knowledge is a plus.
- Understands the manufacturing process, inventory movement/tracking, BOM, and standard cost accounting
- Investigate and understand detailed drivers of spending with impact on the P&L, Balance sheet, and Cash Flow statements.
- Ability to identity internal control gaps throughout company and implement new processes to eliminate gaps
Essential to Job Functions - Physical and/or Mental Restrictions:
- Ability to work for long periods of time while sitting
- Visual ability to work accurately with detailed information and a computer screen