Manager, Finance & Cost Accounting

TEL-posted 2 days ago
Full-time • Manager
Chaska, MN
5,001-10,000 employees
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The Manager, Finance and Cost Accounting at TEL (TMEA) oversees the Financial Planning and Analysis and Cost Accounting activities, managing a team of Financial Analysts. This role contributes to strategic planning and policy innovation as well as ensuring the team operates with a high level of fiscal integrity in accounting practices, financial reporting and decision making. The Manager provides leadership and expertise to drive accurate financial planning, develop integrated business solutions, lead cost accounting efforts as well as provide visibility to manufacturing variances, and promote continuous process improvements.

  • Lead and manage team of financial analysts and cost accountants ensuring high performance, effective collaboration, and professional development.
  • Oversee the end-to-end financial planning process including budgeting, forecasting, and long-term strategic planning.
  • Oversee the cost accounting function with a focus on continuous improvement of cost accounting processes, including standard costing and reconciliation of manufacturing variances.
  • Lead the analysis of manufacturing and cost variances, including purchase price, labor, and production variances, and ensure timely reporting and investigation of significant variances.
  • Ensure that all inventory and production variances are properly recorded, reconciled, and reported in accordance with company policy.
  • Champion and implement company-wide business process improvements and develop and modify FP&A policies and procedures that support company objectives and compliance.
  • Collaborate with manufacturing and operations teams to ensure cost data integrity and support operational decision-making.
  • Interface with internal and external stakeholders, including corporate business units, vendors, and leadership teams, to communicate financial insights and resolve complex cross-functional issues.
  • Mentor and develop team members to build strong finance capabilities and succession planning.
  • Represent the finance function for TMEA in key negotiations and high-level presentations.
  • 5+ years of progressive financial planning and analysis experience with demonstrated leadership skills.
  • 2+ years of experience in a manufacturing environment
  • Expert-level knowledge of financial planning principles, investment analysis, economic research, and financial controls.
  • Strong strategic and tactical acumen with ability to develop and implement innovative financial solutions.
  • Bachelor’s degree in Finance, Accounting, Economics, Business, or related field.
  • Advanced analytical and problem-solving skills to influence complex business decisions.
  • Excellent interpersonal, leadership, and communication skills with experience influencing senior executives and diverse audiences.
  • Proficiency with financial software, ERP systems, financial modeling, and data visualization tools.
  • Strong mentoring, team building, and change management capabilities.
  • CPA or CMA preferred
  • Master’s degree or MBA preferred.
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