Finance Manager

I AM Acquisition [159004] • Elgin, IL

17d • Onsite

About The Position

The Finance Manager will be a highly analytical, experienced and motivated individual that will oversee corporate accounting, financial consolidation, and strategic forecasting tailored to a fast-paced contract manufacturing environment. Utilizing the NetSuite ERP system, this individual will prepare and be responsible for cash flow analysis, budgeting, treasury operations, and risk mitigation strategies.

Requirements

• Must be based on-site at the Elgin, Illinois facility, with occasional travel to other locations.
• At least 5 years of experience in contract manufacturing or other high-volume manufacturing environments.
• Demonstrated hands-on experience using and optimizing NetSuite ERP.
• Bachelor’s degree in Finance, Accounting, Economics, or a related field.
• 5–7 years of progressive experience in financial management roles.
• Strong quantitative abilities, including analyzing and clearly explaining budget-to-actual results.
• Ability to translate financial data into clear insights on revenue, cost, and performance trends.

Nice To Haves

• CPA, CFA, or CMA designation strongly preferred.

Responsibilities

• Manage month-end accounting close.
• Lead the corporate accounting team to ensure timely financial closing in NetSuite.
• Consolidate multi-entity books by unifying Canadian and domestic subsidiary financials across fifteen plus locations.
• Oversee corporate bill-downs for centralized expenses allocated to the various business segments.
• Ensure GAAP compliance: Maintain strict adherence to manufacturing accounting standards, burden absorption, and regulatory frameworks.
• Prepare monthly and quarterly internal financial reporting and board packages.
• Prepare monthly and quarterly lender reporting requirements including covenant compliance.
• Oversee external audits and serve as the primary point of contact for external auditors.
• Drive annual budgeting processes and coordinate annual budget preparation across production plants and corporate departments.
• Develop rolling forecasts using dynamic financial models to predict revenue, COGS, variable contribution margins, fixed overhead costs, SGA and EBITDA.
• Prepare and analyze variance reports against operating budgets to capture cost fluctuations and other leading KPI’s.
• Optimize working capital: Monitor liquidity ratios and manage cash conversion cycles impacted by labor costs, inventory, collections, disbursements and raw material buying.
• Conduct cash analysis: Prepare detailed cash flow projections to anticipate funding requirements.
• Manage bank relationships: Oversee corporate banking facilities, equipment financing lines, and NetSuite-integrated cash management services.
• Execute capital allocation: Assist executive leadership in evaluating investment strategies for plant machinery, production upgrades, and fixed assets.
• Mitigate financial risk: Manage exposure to raw material price volatility, supply chain disruptions, and foreign exchange risks.
• Evaluate internal controls: Design and implement robust NetSuite user permissions, automated inventory adjustments, and procurement approval workflows.
• Oversee corporate insurance: Maintain appropriate insurance coverage, including product liability and facility insurance, to safeguard manufacturing assets.
• Adhere to company safety policies and procedures.
• Wear required PPE (personal protective equipment) where needed.
• Immediately report any unsafe conditions or other safety-related issues.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager