Finance Manager
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Job Location:
Ithaca, NY - USA
Monthly Salary:
$ 125600 - 172700
Posted on:
6 hours ago
Vacancies:
1 Vacancy
Job Summary
Position Summary
Position is responsible for leading a team of employees either directly or indirectly. Position is responsible for training and developing others. Incumbent will generally understand business item usage (budgets ROI margins markets customers competitors business forecasts legal items etc.) for RU/BU. Interprets and implements objectives and assigns specific actions applying to immediate area. Position works within management direction. Position can also be a manager of processes and projects without direct reports. Economic Value co-champion with operational lead.
The position is responsible for the day to day quoting costing and analysis activities within the Finance Department. Provides exposure to all aspects of the business including financial performance measurement cost reduction initiatives and strategic planning. This individual will contribute to the development and implementation of site safety and health goals objectives rules and procedures. He/she will actively participate in the Global Star Safety Framework (GSSF) program as well as follow all EHS rules procedures and policies.
Key Roles & Responsibilities
To perform this job successfully an individual must have the ability to be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Standard Duties :
- Analyze individual product lines for contribution margin/profitability improvement opportunities.
- Standard Costing and New Business Quoting
- Oversee all fixed asset accounting and provides significant support of the monthly close and forecast processes as well as the annual budgeting cycle.
- Communicate product line financial performance to product line leaders/plant management and assist in driving improvements.
- Work with purchasing manufacturing engineering and product line leaders to understand manufacturing processes and associated costs.
- Use all means available to support the Plants mission for consistent improvement in quality cost delivery and service through consistent participation in cross-functional teams financial analysis and communication.
- Apply financial modeling software to aid in the financial analysis of new business investments. Analysis will include utilizing a variety of resource allocation tools such as Discounted Cash Flow Economic Value and Net Present Value.
- Insure all Corporate Division and Plant policies and procedures are communicated and followed.
- Assist the Controller with preparation of annual operating budget monthly financial forecasts and period end reporting of actual results.
- Product Line Profitability Analysis
- Utilize financial modeling tools to assess new investment opportunities
- Assist with monthly forecasts annual budgets and financial reporting
- Design and Implement Financial Operating Procedures
Additional Information:
- Travel is occasionally required up to 5% of the time.
Safety and Physical Requirements:
- All employees are responsible for knowing understanding and complying with the safety policies and procedures.
- Wear PPE when appropriate in designated campus areas.
- Lifting shoulder high up to 35 lbs. on occasion.
Key Competencies
- Functional/Technical Skills
- Dealing with Ambiguity
- Decision Quality
- Ethics and Values
- Problem Solving
- Drive for Results
- Learning on the Fly
- Creativity
- Customer Focus
- Process Management
Education & Experience
- Bachelors Degree required preferably in Accounting or Finance MBA preferred
- CPA or CMA preferred
- Manufacturing accounting experience
- 10 years manufacturing experience
- Prior experience with SAP and/or HFM/Hyperion
Salary Range:
$125600 - $172700Internal Use Only: SalaryGlobal Terms of Use and Privacy Statement
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Required Experience:
Manager
Key Skills
- Cognos
- Forecasting
- Hyperion
- Dealership Experience
- QuickBooks
- Accounting
- Corporate Finance
- Financial Analysis
- Financial Modeling
- Budgeting
- Financial Management
- Financial Planning
About Company
BorgWarner is a global product leader in delivering innovative and sustainable mobility solutions for the vehicle market. We are a company of innovators and independent thinkers that brings together talented employees, meaningful work, and amazing technology in a unique environment. A ... View more
