Finance Manager - Operations
About The Position
The Finance Manager - Operations reports to the Director of Operations Finance and partners with Operations, Supply Chain, and Procurement to provide financial analytics and recommendations that support sound business decisions. The role leads financial planning and analysis for Supply Chain, Manufacturing/Operations, and Procurement, including budgeting, forecasting, variance analysis, cost optimization, and margin management. The manager analyzes production, freight, transportation, and material costs; oversees inventory valuation and control processes; and develops reporting and financial models to support management decision-making. The position also prepares monthly and quarterly reviews, tracks cost savings, works with procurement buyers on material forecasts, and provides analysis and recommendations to Finance and Operations Leadership. Additional ad-hoc project support for the Director of Operations Finance is required. The role includes regional travel.
Requirements
- Bachelor’s degree in accounting, Finance, Business Administration, or a related field.
- At least 7 years of financial analysis experience.
- Strong verbal and written communication skills.
- Ability to build relationships with internal customers and peers.
- Proven track record of driving process improvement, cost optimization, and inventory management in a manufacturing environment.
- Experience with budgets and forecasts across several areas and understanding of the key drivers in those areas.
- Ability to use analytics, benchmarking, and insights to develop strategies and solutions.
- Knowledge of financial regulations, compliance, and risk management related to manufacturing, inventory, expenses, and freight.
- Experience improving and maintaining internal controls.
- Ability to recommend efficiencies involving systems and tools.
- Experience working across multiple departments to complete projects or resolve organizational challenges.
- Proficiency in MS Office applications, including Word, Excel, and PowerPoint.
- Willingness to travel within the region.
Nice To Haves
- Experience supporting Supply Chain or Operations teams.
- CPA or MBA.
- SAP experience.
Responsibilities
- Partner with Supply Chain, Operations, and Procurement teams to achieve cost savings, working capital, and risk management goals.
- Develop and implement financial planning and analysis processes for Supply Chain, Manufacturing/Operations, and Procurement, including budgeting, forecasting, and variance analysis.
- Drive cost optimization by analyzing production costs, developing the annual operating plan, reviewing inflation and deflation costs, establishing internal controls, integrating margin management, and identifying productivity opportunities.
- Analyze freight and transportation expenses and develop strategies to reduce freight cost per unit.
- Create financial models and reporting to improve interpretation of financial statements and provide analysis-based insights and recommendations for decision-making.
- Prepare Supply Chain and Manufacturing financial inputs for monthly business review packages, including key results, analysis, and information for management control and accountability.
- Build knowledge of material purchasing patterns, market trends, and manufacturing costs to support improved financial results.
- Work with procurement buyers to build material forecasts and provide analysis to Finance and Operations Leadership.
- Analyze material price variances against plan, forecast, and prior year; report and summarize variances and discuss action plans with Finance and Operations Leadership.
- Oversee inventory valuation and control processes, improve accuracy and efficiency, minimize inventory holding costs while maintaining adequate supply, establish inventory tracking and management policies, and conduct physical inventory audits at OWI and third-party locations throughout the year.
- Manage cost savings processes and reporting, including monthly reviews to identify plan gaps and action plans with Finance and Operations Leadership.
- Prepare monthly and quarterly operations reviews covering cost savings opportunities, projected material variances, and inventory positions.
- Support and evaluate accounting guidance, internal controls, financial plans, and policies for Procurement.
- Support the Director of Operations Finance with ad-hoc projects.
- Travel within the region.
Benefits
- Medical, dental, and vision coverage with wellness benefits.
- Company-matching 401(k) plan.
- Company-paid life insurance and accidental death and dismemberment benefits.
- Company-paid identity theft insurance.
- Company-paid disability coverage.
- Flexible spending and health savings accounts.
- Company-paid employee assistance program.
- Paid time off and paid holidays.
- Voluntary life insurance.
- Legal benefits.
- Critical illness insurance.
- Accident insurance.
- Hospital indemnity insurance.
- Pet insurance.
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What This Job Offers
Job Type
Full-time
Career Level
Manager
