Financial Service Manager

First QualityMcelhattan, PA
Onsite

About The Position

First Quality is a family-owned company that has grown from a small business into a group of companies employing over 5,000 team members. This position is responsible for managing and leading a team of associates in the Financial Services department assigned to oversee the company’s billing, credit, and collection process, in support of all business units. Assist with Finance month-end / quarterly close / Budget / Forecast activities.

Requirements

  • Bachelor’s degree in Accounting, Finance or a related field
  • 5+ years of relevant job experience in an accounting or finance role, with at least 2 years in a supervisory or managerial role.
  • Excellent leadership skills with the ability to manage and develop a team.
  • Effective communication skills (written and verbal) and able to present financial information clearly to non-financial stakeholders.
  • Experience interacting with senior managers and customers.
  • Proficient in Microsoft Office applications
  • Experience in ERP systems such as SAP
  • Knowledge of US GAAP basic principles and elements of internal controls
  • Understanding of manufacturing accounting environment

Nice To Haves

  • Advance degree preferred but not required
  • Professional Certification is considered a plus

Responsibilities

  • Lead assigned staff supporting manufacturing and/or selling companies in various locations adhering to company policies and departmental procedures – includes annual reviews, counseling and coaching.
  • Define and/or refine processes with a continuous improvement mindset to decrease the cost to process transactions.
  • Work with Financial Service teams to develop SOPs for best practices with focus on consistent processes and continuous improvements.
  • Manage the end-to-end Accounts Receivable process, including invoicing, cash applications, and collections.
  • Communicate with customers, and internal FQ department leads as needed to resolve issue related to Order to Cash “OTC” process that result in reducing "cost to serve" and drive margin improvements.
  • Monitor aging reports, establish credit limits, and implement strategies to minimize overdue receivables and bad debt exposure.
  • Identify process and system constraints and deploy automation tools to enhance departmental efficiency.
  • Balance workloads of staff to maximize individual productivity, decreasing individual transactional costs and cost to serve
  • Maintain dept. KPIs and dashboards for presentation and focus on improvement
  • Support central accounting with the following activities: Month-end close, including reconciliations, journal entries, accrual analysis, and intercompany allocations
  • Quarterly reporting and audit review
  • Budgeting/Forecasting
  • Additional duties as assigned

Benefits

  • Competitive base salary and bonus opportunities
  • Paid time off (three-week minimum)
  • Medical, dental and vision starting day one
  • 401(k) with employer match
  • Paid parental leave
  • Child and family care assistance (dependent care FSA with employer match up to $2500)
  • Bundle of joy benefit (year's worth of free diapers to all team members with a new baby)
  • Tuition assistance
  • Wellness program with savings of up to $4,000 per year on insurance premiums
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