Director of Finance

Finance Manager

Lead the Michigan Finance Shared Services Team.

The accurate reporting of the financial health of the company as well as the recommendation/assistance of cost saving measures

Specific Duties and Responsibilities:

• Lead Michigan Finance Shared Services Team: 2 Staff Accountants, Accounts Payable, Accounts Receivable and Cost Accountant
• Perform/supervise monthly divisional & consolidated financial close
• Complete Monthly Financial Reports and Controller's Report including a written summary of Sales, Mix, Operational, Working Capital and Cash Flow Variances from Budget
• Monthly submissions to corporate
• Includes ongoing communication with leadership team on performance to budget
• Weekly/Monthly Metrics Reports and Executive Staff Meeting Involvement (e.g. Sales to Budget, Efficiency, Spending to Budget, Inventory, Pounds Produced per Line/Man hours, Sales Pareto's etc. as requested by both plant and financial management)
• Prepare Weekly Cash Forecasting
• Authorize weekly wire transfers
• Perform or supervise all balance sheet account reconciliations including inter-company, fixed assets and bank reconciliations
• Track and minimize working capital requirements
• Maintain Inventory Reserves according to company Policy
• Minimize inventory obsolescence though ongoing monitoring & supervision
• Initiate Inventory Reporting to further identify specific Excess, Inactive and Obsolete Inventory and develop a disposition policy that includes maximizing customer recoverable for Raw & Fab. and minimizing part balance-out obsolescence
• Compliance with corporate quarterly, annual and interim reporting requirements
• Coordination of Internal and External Interim and Year-End Audits
• Coordination and completion of annual divisional and consolidated budget
• Supervision of Physical Inventories as necessary
• Strategic involvement for initiatives in product costing, pricing, sales trends, manufacturing trends and miscellaneous financial initiatives
• Administration of Commissions & Bonuses
• Perform quarterly Labor and Burden analysis
• Maintain and develop internal controls and procedures related to shipping, receiving, A/P, inventory & cycle counting, annual physical inventory, scrap reporting, etc.
• Monitor and track cost reduction and continuous improvement initiatives (both budgeted and unbudgeted)
• Various other accounting duties as requested
• Safety:
• Follow all safety requirements to avoid injury to self and fellow employees.
• Create and maintain a safe work environment; repair and/or report non-conformances to company safety policies and guidelines
• Perform the necessary safety requirements to avoid injury to self and fellow employees

Education and Experience Required:

• Bachelor's Degree in Accounting
• Minimum of 10 years of accounting experience
• Strong leadership skills
• Problem solving skills
• Detail oriented and excellent organizational skills
• Strong verbal and written communication skills
• Ability to work under pressure

Position Type/Expectations of Working Hours:

• Full time position
• Regularly scheduled to work 8 – 10 hours a day
• Must be able to work Monday - Friday