What are the responsibilities and job description for the Operations Finance Manager position at AprilAire?
AprilAire is looking to hire a driven and energetic person to fill the
Operations Finance Manager
role, to be the business partner for the Operations Leadership team. The Operations Finance Manager will be intimately involved with the manufacturing facilities and will provide the necessary financial rigor to complete accurate financial statements, cost out opportunities and be a strategic partner for the operations team. Additionally, this highly visible position will provide oversight for the cycle counting process, fixed asset allocation and updating/maintaining standard costs.
Work location:
The position will be based in our Manufacturing facility in Poynette WI with one day a week at our Madison WI manufacturing facility.
- Ownership of plant financial reporting, business partner to the Operations Leadership team and liaison between operations and other departments within AprilAire
- Complete month-end cost of goods sold entries; review system provided data for accuracy and completeness.
- Review inventory purchase transactions for the month identifying actual costs vs standard (e.g., purchase price variances) and separating the variances by main category.
- Responsibility for the inventory accuracy process, cycle counting, inventory reconciliation and including up to managing the inventory team.
- Complete summaries of cost of goods sold by product line
- Reconcile month-end inventory balances between system provided data and general ledger.
- Proactively identify cost out opportunities and drive for productivity to offset inflation
- Complete product line income statements and margin reports
- Review large variances throughout month and lead to corrective action solutions
- Review general ledger transactions weekly and investigate unusual transactions
- Complete line-item comparison of actual costs to budget & current forecast.
- Provide plants with daily labor reports
- Provide plants with weekly overhead spending
- Prepare and present monthly operations reviews with variance understanding and corrective action recommendations
- Complete periodic or ad-hoc cost analysis.
- Complete the annual budget and periodic forecast updates.
Update standard inventory costs & product pricing in the system.
Bachelor's degree in Accounting or Finance, MBA and/or CPA a plus
- 5 years of cost accounting experience in manufacturing environment
- Management and leadership experience a plus
- Understanding of cost accounting standards around BOM's, standard costing, reserves and applying accounting principles, theories and concepts to financial transactions
- Strong analytical and problem-solving skills
- Ability to meet deadlines and work with global partners
- Ability to motivate and lead by example thus showing the ability to organize, support and clearly communicate with accounting and non-accounting professionals
- ERP systems experience (JDE, SAP, etc.)