Finance Manager - Operations
Nature's Way Products Inc
Finance Manager – Operations
Welcome to a better way, an authentic way. Welcome to Nature’s Way.
We believe that nature is the best way to holistic health, and it should be available to everyone.
When we help people live healthy lives, we build a happier, healthier world for everyone.
How we go about our work drives TRUST in who we are, what we do, and the products we produce.
Our customers trust:
- Our products to be the gold standard
- Our words to be true
- Our claims to be honest,
- Our actions to have integrity.
And we’ve been leading the way since 1969.
Be a part of helping people live healthy lives as our new Finance Manager – Operations.
SUMMARYThe Finance Manager – Operations serves as the strategic finance business partner to Operations (manufacturing and supply chain) leadership, with direct accountability for operational financial performance across multiple plants (US and Canada). This role owns the month end processes, analysis, forecasting, and reporting of cost of goods sold (COGS), inventory, and production-related financial drivers, while actively influencing decision-making to optimize cost structure, cost per unit, efficiency, and profitability; including presenting results to Senior Leadership and managing monthly internal reporting. This position also leads the process of setting new product standards and the annual cost roll, including the review, analysis, and system maintenance of allocations and updating of rates - in collaboration with Operations leadership. The role also champions data integrity, costing accuracy, reporting standardization, and continuous improvement in finance processes, systems, and analytics to support scalable, best-in-class operations finance capabilities. ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.
- Own and drive financial performance across manufacturing and operations, including COGS, inventory, and key cost drivers; including month-end management, reconciliations, reserve reviews and COGS projections.
- Partner with Operations leadership to evaluate trade-offs, improve efficiency, and deliver against financial targets.
- Lead the operations budgeting and forecasting process, translating volume, rate, and mix drivers into actionable financial plans and positive impacts to KPIs / Dashboards.
- Lead standard costing processes, including annual cost roll, variance analysis, and inventory valuation.
- Ensure accuracy and integrity of operational financial data, including Bills of Materials, production drivers, and cost allocations.
- Lead and develop the operations finance team, building strong analytical, business partnership, and leadership capabilities.
- Support finance and systems transformation initiatives, driving improvements in processes, tools, and data to enable scalable, best-in-class finance operations.
- Carry out other duties, responsibilities, and projects as assigned.
This position has direct reports and carries out supervisory responsibilities including interviewing and hiring Associates; planning, assigning, and directing work; appraising performance; rewarding and disciplining Associates; addressing complaints and resolving problems. OTHER SKILLS/QUALIFICATIONS
- Strong analytical and problem-solving skills.
- Must effectively communicate with members of other departments and Senior Management.
- Attention to detail with strong investigative skills.
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Proven track record of leadership, including mentoring, coaching, and the development of staff; ability to make independent decisions and to work with minimal supervision; be persistent in the face of obstacles
- Ability to interpret financial data and communicate conclusions and recommendations to various levels of Management. Familiarity with a variety of financials concepts and practices.
- Ability to balance multiple priorities and meet deadlines in a fast-paced environment.
- Ability to work independently and as a member of a diverse team
- Proficient with Microsoft Office Suite
- Business analysis skills, with the ability to see implications and provide solutions / recommendations.
- BS in Accounting or Finance with a minimum of 7 years experience, preferably in a Manufacturing Environment.
- SAP / FICO experience, specifically in the CO-Profitability Analysis and CO-Product Costing modules a plus.
CPA preferred, but not required. OTHER SKILLS AND ABILITIES:
- Hands on knowledge of Supply Chain systems and processes.
- Working knowledge of Bills of Materials and Master Recipe structures.
- Demonstrated leadership qualities with achieved outcomes.
- Strong critical thinking, communication, and organization skills.
Medical Option to select either a PPO plan or one of 2 high – deductible medical plans that includes a company contribution to your personal health savings bank account.
Dental Delta Dental PPO & an option to select an enhanced dental plan.
Vision Routine preventative coverage under medical plan and an option to elect additional voluntary coverage
Time Off All employees receive 11 holidays off per year, as well as paid time off that starts at a minimum of two weeks per year.
401K Plan Company match of up to 4% as long as employees contribute a minimum of 6% to the account. An additional profit-sharing contribution is also made to employee accounts if the company meets its annual targets.
You’ll also enjoy a variety of other benefits that support your long-term health and wellness:
- Company provided short-term & long-term disability
- Life and AD&D insurance
- Flexible spending accounts
- Voluntary critical illness & accident coverage
- New parent phase-in program & paternity leave
- Educational assistance reimbursement
- Product discounts & a wellness program
Start Helping People live Healthy lives today!
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
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