Finance Manager

Title: Finance Manager

Location: Elgin Illinois

Shift(s): 8a-5p

Internal/External posting:

AI Applicant Screening used:

Salary Range: $120000-$130000

POSITION SCOPE:

The Finance Manager will be a highly analytical experienced and motivated individual that will oversee corporate accounting financial consolidation and strategic forecasting tailored to a fast-paced contract manufacturing environment. Utilizing the NetSuite ERP system this individual will prepare and be responsible for cash flow analysis budgeting treasury operations and risk mitigation strategies.

REPORTS TO: CFO

ESSENTIAL ACCOUNTABILITIES:

Corporate Accounting Consolidation and External Reporting

• Manage month-end accounting close. Lead the corporate accounting team to ensure timely financial closing in NetSuite.
• Consolidate multi-entity books by unifying Canadian and domestic subsidiary financials across fifteen plus locations.
• Oversee corporate bill-downs for centralized expenses allocated to the various business segments.
• Ensure GAAP compliance: Maintain strict adherence to manufacturing accounting standards burden absorption and regulatory frameworks.
• Prepare monthly and quarterly internal financial reporting and board packages.
• Prepare monthly and quarterly lender reporting requirements including covenant compliance.
• Oversee external audits and serve as the primary point of contact for external auditors.

Forecasting & Financial Planning

• Drive annual budgeting processes and coordinate annual budget preparation across production plants and corporate departments.
• Develop rolling forecasts using dynamic financial models to predict revenue COGS variable contribution margins fixed overhead costs SGA and EBITDA.
• Prepare and analyze variance reports against operating budgets to capture cost fluctuations and other leading KPIs.

Cash Flow & Treasury Management

• Optimize working capital: Monitor liquidity ratios and manage cash conversion cycles impacted by labor costs inventory collections disbursements and raw material buying.
• Conduct cash analysis: Prepare detailed cash flow projections to anticipate funding requirements.
• Manage bank relationships: Oversee corporate banking facilities equipment financing lines and NetSuite-integrated cash management services.
• Execute capital allocation: Assist executive leadership in evaluating investment strategies for plant machinery production upgrades and fixed assets.

Risk Management

• Mitigate financial risk: Manage exposure to raw material price volatility supply chain disruptions and foreign exchange risks.
• Evaluate internal controls: Design and implement robust NetSuite user permissions automated inventory adjustments and procurement approval workflows.
• Oversee corporate insurance: Maintain appropriate insurance coverage including product liability and facility insurance to safeguard manufacturing assets.

QUALIFICATIONS:

• Location and Availability: Must be based on-site at the Elgin Illinois facility with occasional travel to other locations.

Industry Experience: At least 5 years of experience in contract manufacturing or other high-volume manufacturing environments.

Systems Expertise: Demonstrated hands-on experience using and optimizing NetSuite ERP.

Education: Bachelors degree in Finance Accounting Economics or a related field.

Professional Certification: CPA CFA or CMA designation strongly preferred.

Leadership Experience: 57 years of progressive experience in financial management roles.

Analytical Skills: Strong quantitative abilities including analyzing and clearly explaining budget-to-actual results.

Communication Skills: Ability to translate financial data into clear insights on revenue cost and performance trends.

SAFETY:

• Adhere to company safety policies and procedures
• Wear required PPE (personal protective equipment) where needed
• Immediately report any unsafe conditions or other safety-related issues

WORK ENVIRONMENT:

While the work environment characteristics described here represent those an employee encounters while performing the essential functions of this job they are in no way all-inclusive. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job the employee regularly works in a manufacturing setting.

The employee often works at a work bench or on various pieces of equipment.

The noise level in the work environment is typically minimal.

CANCELLATION OF PREVIOUS AGREEMENTS:

The employee of BelPak agrees that this job description supersedes and cancels all previous versions this position description as of its effective date. It does not prescribe or restrict the tasks that may be assigned. This job description also does not constitute an employment agreement between the employer and the employee and is subject to change by the employer as the needs of the employer and requirements of the job may change.

NOTHING CONTAINED IN THIS JOB DESCRIPTION CREATES AN EMPLOYMENT CONTRACT OR IN ANY WAY ALTERS THE EMPLOYEES STATUS AS AN EMPLOYEE AT-WILL.

Employee Signature of Acceptance/Date:

Manager Signature/Date:

BelPak is a drug-free employer and Equal Opportunity Employer. The Company makes all selection and other employment decisions without regard to race color religion sex (including pregnancy and gender identity) national origin political affiliation sexual orientation marital status disability genetic information age membership in an employee organization retaliation parental status military service or any other characteristic protected by applicable law(s) or other non-merit addition the Company provides reasonable accommodations for applicants and employees with physical and mental disabilities in accordance with applicable law(s). If an accommodation is required to apply for employment or to perform the essential job functions of a position you seek contact Human Resources so appropriate arrangements can