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Finance Manager
FEUER-USA Memphis, TN
$123k-163k (estimate)
Full Time 11 Months Ago
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FEUER-USA is Hiring a Finance Manager Near Memphis, TN

Feuer Powertrain - North America: (Robinsonville, MS)

We are the US subsidiary of a German-based leading producer of crankshafts, "the heart of every engine."

In Europe, we produce 2 out of every 3 crankshafts for Mercedes-Benz, BMW, VW, Audi, Renault, Jaguar, Bentley, Rolls-Royce, Aston Martin, Ferrari, Maserati, Lamborghini and many more.

In North America, we produce crankshafts for GM, Ford, Mercury, Harley-Davidson, and many more.

We are now expanding our plant to a new 2nd line.

We are hiring immediately.

Pay, Benefits, Working Conditions, Training, Advancement:

Pay- We pay industry leading wages based on experience.

Benefits- We pay 90% of our employees' health, dental and vision insurances and 100% of life insurance and short-term disability. We have a 401k with a 5% match. We provide 5 weeks of Personal Time Off (PTO).

Working Conditions: Clean, air-conditioned, heated, state-of-the-art automated manufacturing environment. A great working environment and place to work.

Advancement: We prefer to train and promote from within the company.

SUMMARY:

The Finance Manager will function as a business partner with plant and financial management to effectively manage and control the North American business. Leads the financial staff at the plant and is accountable for plant-level responsibilities including general accounting, receivables, order entry, billing, cost accounting, financial reporting, spend analysis, material & labor variance analysis, and forecasting. Will also liaison with global financial staff in Germany, as required.

KEY RESPONSIBILITIES:

  • Manages, implements, and ensures compliance with all accounting and financial policies, practices, procedures, and initiatives at the Plant level.
  • Prepares and/or oversees the preparation of all accounting ledgers, financial reports, Profit & Loss statements, and "Plan to Actual" reports for the Plant on a timely basis.
  • Monitors the classification of all expenditures to ensure that all capital, inventory, and manufacturing cost records are accurate.
  • Performs specific cost planning activities focused on cost reductions and profit improvements. • Verifies that all personnel requisitions are within the approved budget.
  • Prepare monthly reports of results, monthly forecasts, annual operating plan, and strategic planning. • Analyze and accurately report current month's financial results to the plant and corporate management. • Submit all financial transactions, transmissions, and reporting on a timely and accurate basis. • Work with the Logistics department to ensure accuracy of the physical inventory and reported results. • Perform audits of bills of materials to ensure product costs are accurate and accounted for properly. • Review labor reporting and cost, material costs, manufacturing overhead, distribution cost, returns and inventory levels.
  • Analyze potential excess and obsolete inventory items monthly.
  • Reconcile all inter-company accounts monthly.
  • Analyze internal controls to ensure assets & results are accurately reported.
  • Assure adherence to Generally Accepted Accounting Policies. Resolve questions of GAAP and internal controls with corporate financial management.
  • Reconcile all cash holding accounts across all currencies and countries on a daily basis. Assure proper allocation balance of currencies to satisfy business needs.
  • Management of mid-level bank relationships and requisite reporting.

MINIMUM QUALIFICATIONS:

  • B.S. in accounting or business administration. CMA, MPA or CPA a plus.
  • 5-10 years as plant controller or cost manager in a manufacturing environment, managing a staff, with an emphasis on cost accounting, reporting, and variance analysis.
  • Strong background in cash management / treasury.
  • A working knowledge of dual-currency accounting.
  • High level of proficiency in SAP and Microsoft Excel.

Job Summary

JOB TYPE

Full Time

SALARY

$123k-163k (estimate)

POST DATE

06/28/2023

EXPIRATION DATE

06/17/2024

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The job skills required for Finance Manager include Accounting, Planning, Initiative, Financial Reporting, CPA, Financial Management, etc. Having related job skills and expertise will give you an advantage when applying to be a Finance Manager. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Finance Manager. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Finance Manager positions, which can be used as a reference in future career path planning. As a Finance Manager, it can be promoted into senior positions as a Finance Manager, Sr. that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Finance Manager. You can explore the career advancement for a Finance Manager below and select your interested title to get hiring information.

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If you are interested in becoming a Finance Manager, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Finance Manager for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Finance Manager job description and responsibilities

Prepare financial statements, business activity reports, and financial forecasts.

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Ensure that the organization’s financial records and recordkeeping methods are in compliance with applicable standards and regulations.

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Manage employees and contractors who are responsible for financial reporting and budgeting.

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Periodically review the organization’s financial reports and identify opportunities for cost reduction.

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Analyze data and advise top management on how to maximize profits.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Finance Manager jobs

Analyze market trends and identify opportunities for growth/expansion.

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SOversee organization’s investments.

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Experience in the financial sector with previous possible roles such as financial analyst

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Step 3: View the best colleges and universities for Finance Manager.

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