Business Manager

NACCO•Falkirk, ND

2d•Onsite

About The Position

The business manager is responsible for all aspects of accounting, costing, payroll, timekeeping, accounts payable and receivable, financial reporting, financial analysis, budgeting, procurement, contract administration and warehouse operations at the Falkirk Mine. This position is also responsible for the accurate and complete accumulation and compilation of financial data and reports in accordance with generally accepted accounting principles (GAAP) and the requirements of the Sarbanes-Oxley Act. In addition, the business manager must have extensive knowledge of the Coal Sales Agreement and experience fostering strong relationships with customers and corporate personnel. This role leads a staff of direct reports and works in close collaboration with the mine president and all departments of the Falkirk Mining Company.

Requirements

Bachelor’s degree in accounting, finance or business administration
Minimum of 10 years of progressive experience in accounting, finance or financial planning and analysis
Experience and collaboration in dealing with GAAP accounting determinations and technical accounting proficiency
Strong instincts to pull in corporate support or other technical experts in making technical accounting determinations for complex or unusual transactions
Experience leading business or accounting teams and managing annual planning processes
Strong background in economic evaluation, budgets, business planning, financial modeling and reporting to senior leadership
Demonstrated integrity and sound professional judgment
Strong leadership presence with the ability to influence and build credibility within the departments and across the organization
Advanced proficiency in Microsoft Excel, Word and PowerPoint
Ability to interpret and communicate complex financial information to diverse audiences
Proven ability to work with internal and external customers providing exemplary customer service and responsiveness
Effective written, interpersonal and verbal communication skills
Strong work ethic with a commitment to achieving quality results
Ability to manage multiple priorities and meet tight deadlines
Results-oriented with attention to detail and accuracy
Ability to handle confidential information
Strong analytical, organizational and problem-solving skills
Action oriented and builds relationships and drives consensus through effective collaboration

Nice To Haves

Master’s degree and/or CPA designation
Experience with ERP/EAM systems (e.g., JD Edwards, PeopleSoft, Oracle)
Knowledge of surface coal mining operations

Responsibilities

Ensure accurate and timely recording of financial transactions in compliance with GAAP, SOX and the Coal Sales Agreement
Have comprehensive knowledge of the Coal Sales Agreement to ensure all business-related practices are in compliance and customer billings and accounting are correct, per the terms of the agreement
Oversee accounting, procurement, warehouse and inventory management functions
Supervise accounting, warehouse and procurement personnel
Recruit, train, develop and evaluate department staff
Foster a collaborative, high-performance team environment
Lead development, review, and execution of annual operating budgets and financial forecasts
Analyze financial performance
Maintain a strong relationship with the customer and serve as primary liaison on financial, costing and accounting matters
Develop and maintain strong relationships with mine personnel and corporate accounting, tax, audit, payroll and treasury staff
Engage and involve customer and corporate accounting/tax in determining the GAAP treatment for unusual or complex transactions and accounting entries
Support development of mine plans, tonnage schedules, capital planning and equipment replacement strategies in coordination with engineering and maintenance departments
Evaluate and improve budgeting, forecasting and financial processes
Ensure compliance with vendor agreements and good procurement practices and minimize financial risk exposure
Oversee internal and external financial and operational audits, timely keeping the customer and corporate accounting updated throughout the audit process
Maintain a system of controls over accounting transactions and systems consistent with company policies, including approvals in accordance with the Limits of Authority
Prepare timely and complete periodic financial information and management cost reports
Lead and prepare materials for customer meetings, board presentations and annual reviews
Provide support for ERP/EAM systems (e.g., JD Edwards), including troubleshooting and process improvement
Support ad hoc projects and initiatives as assigned
Perform all duties in accordance with MSHA regulations, company policies, procedures and applicable requirements