What are the responsibilities and job description for the Plant Finance Manager position at StevenDouglas?
StevenDouglas has been retained by an international manufacturer to identify a Plant Finance Manager! This role will report directly to the Senior Director of Finance while overseeing all finance functions for the manufacturing facility including budgeting/forecasting, cost accounting and strategic business partnership with plant leadership!
Cost Accounting and Inventory Control
Oversee standard costing systems.
- Create item master setups in Great Plains, including BOMs for finished goods, routings and assigning the correct labor rates and overhead.
- Analyze and report on:
- Material usage variances
- Labor efficiency variances
- Overhead absorption
- Ensure accurate inventory valuation (raw materials, WIP, finished goods).
- Monitor and reduce:
- Scrap and waste
- Obsolescence
- Cycle count discrepancies
- Partner with operations to improve cost accuracy and transparency.
Manufacturing Performance Monitoring
- Track key plant KPIs:
- Cost per unit
- Yield and throughput
- Review manufacturing orders daily to ensure accuracy in reporting.
- Verify quantitieis received, raw materials consumed, labor postings and BOM deviations.
- Support lean manufacturing and continuous improvement initiatives with financial analysis.
Month-End Close and Reporting
- Manage plant-level financial close process:
- Journal entries (accruals, reclasses)
- Inventory adjustments
- Ensure compliance with GAAP/IFRS and company policies.
- Run the monthly cost roll-up.
- Reconcile inventory (finished goods, raw materials, packaging components and WIP) and make adjustments as needed.
- Prepare aged inventory reports.
- Calculate obsolescence and reserves.
- Deliver timely financial reports:
- Profit & Loss (P&L)
- Cost center reports
- Production cost summaries
- Explain key drivers behind financial results to corporate finance.
Business Partnering with Operations
- Act as a strategic advisor to the Plant Manager and leadership team.
- Collaborate with departments:
- Production
- Supply chain
- Engineering
- Drive financial accountability across plant functions.
Apply today!
Salary : $115,000 - $135,000