Senior FP&A Manager

Orchid Orthopedic Solutions•Bridgeport, MI

1d•Onsite

About The Position

The Manager, FP&A provides insights to the financial decision-making process through analysis, financial projections (planning, budgeting and forecasting) and reporting for Orchid Orthopedic Solutions. They act as the day-to-day business partner to the site general manager as a member of the site leadership team.

Requirements

Bachelor (Required)
5+ Years of Experience in a Manufacturing Environment (Required)
7+ Years of experience in accounting, financial analysis, and business systems (Required)
Extensive Experience in Accuracy and Attention to Detail
Extensive Experience in Business Acumen
Extensive Experience in Collaboration
Extensive Experience with Data Analysis Tools
Working Experience with ERP Software
Extensive Experience in Finance and Accounting
Working Experience with Power BI
Extensive Experience in Project Management
Working Experience in Strategic Planning

Nice To Haves

Master of Business Administration (MBA) (Preferred)
8+ Years of experience in tax, public, and company/industry accounting (Preferred)
Experience working a multi-site manufacturing environment (Preferred)

Responsibilities

Lead the 'Finance Review' portion of the new IBP (Integrated Business Planning) initiative for Orchid Bridgeport
Prepare a rolling 24-month financial forecast for P&L, Balance sheet, cash flow, and CAPEX to to support Class A / IBP initiative
Work closely with site management and IBP teams for inputs
Refresh forecast each month with inputs from Product, Demand, and Supply teams
Attend the product, demand, and supply reviews for the site to gain an understanding of financial impact of the forecasts; receive sales and supply inputs from the Demand and Supply review teams to combine with remaining items to produce P&L forecasts
Perform financial analysis of site P&L’s, balance sheet, and cash flow and report the summarized findings to Corporate and local management
Prepare annual budget and 6+6 forecast for the site
Prepare and present a high quality, complete monthly financial review presentation, including preparing the Operating Income Statement form (OIS) with explanations of actual financial results vs. budget/forecast/prior year/etc.
Answer questions about site financial performance in presentations and on an ad hoc basis
Conduct detailed analysis of profitability by SKU, part family, customer, value-stream, etc. with specific calculations on the impact of sales mix and price on EBITDA including standard vs. actual variances
Analyze labor costs at the site including overtime spend (by department/value stream/process), headcount trend vs. budget/prior periods, and productivity measures
Prepare daily/weekly reports for the site, detailed cost and revenue analysis
Monitor financial performance to budget/plans
Review site CAPEX requests for reasonableness of financial projections
Validate productivity savings for the site
Support Supply Chain by conducting spend analysis, including validations of supply chain funnel project savings
Analyze aging of inventory to support the Operations and Commercial teams
Leverage the ERP systems and related data to develop, support, and implement solutions to business needs
Validate EDW data and contribute to report design
Provide detailed product profitability reports to the support the Commercial team’s 80/20 initiative
Collaborate with IT and central finance teams to link and automate business information from the site’s ERP system to a common platform to enable analyzing and reporting information; design, build, and maintain the data warehouse.