Senior FP&A Manager

Orchid • Bridgeport, MI

1d • Onsite

About The Position

Orchid Orthopedic Solutions is a contract manufacturer of orthopedic devices, including implants, instruments, and groundbreaking technologies, serving markets such as joint reconstruction, spine, trauma, sports medicine, extremities, and dental. Their 85,000 square foot manufacturing facility in Bridgeport, MI, specializes in cutting tools like burs, pins, screws, drills, reamers, and saw blades, designed to meet high quality standards. A career at Orchid offers growth opportunities and a comprehensive benefits package. The Manager, FP&A provides financial insights through analysis, financial projections (planning, budgeting, and forecasting), and reporting for Orchid Orthopedic Solutions. This role acts as a day-to-day business partner to the site general manager and is a member of the site leadership team.

Requirements

• Bachelor
• 5+ Years of Experience in a Manufacturing Environment
• 7+ Years of experience in accounting, financial analysis, and business systems
• Accuracy and Attention to Detail - Extensive Experience
• Business Acumen - Extensive Experience
• Collaboration - Extensive Experience
• Data Analysis Tools - Extensive Experience
• Finance and Accounting - Extensive Experience
• Project Management - Extensive Experience

Nice To Haves

• Master of Business Administration (MBA)
• 8+ Years of experience in tax, public, and company/industry accounting
• Experience working a multi-site manufacturing environment
• ERP Software - Working Experience
• Power BI - Working Experience
• Strategic Planning - Working Experience

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

Benefits

• performance bonuses
• insurance coverage
• a 401(k) plan with a company match
• paid time off
• engaging employee events
• Opportunity to work in a growing company
• Ability to help people live a longer, more active life
• Comprehensive benefit package
• Ability to work in an organization that values: Integrity First: We do the right thing Teamwork: We are one Orchid Results: Our results matter

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Number of Employees: 251-500 employees