Position Summary:

Responsible for an array of accounting activities pertaining to the manufacturing operations of the business, including but not limited to, product cost oversight, monitoring and analyzing departmental spending, analyzing manufacturing variances, inventory analysis and identifying areas of risk and opportunity for improvement. Prepares all related reporting information, performs financial analysis, prepares manufacturing forecasts and budgets and participates in special projects. 

The salary range for this position is currently $120,000- $150,000 annually. Individual compensation is based on the candidate’s qualifications for the position, including experience, skills, knowledge, education, certifications, internal equity, budget, and/or other business and organizational needs.

Key Accountabilities

• • Completes month-end accounting close and presents to senior management. Provides monthly financial reporting of the manufacturing operations. 
  • Ensures the execution of standard cost roll-up processes for both actuals and budget cycles. 
  • Analyzes product costing results and variances to standard cost.  
  • Controls inventory valuation and reserve requirements. 
  • Ensures integrity and completeness of bills of materials (BOMs) and routings. 
  • Provides weekly forecasts for current month’s manufacturing results. 
  • Prepares annual budgets for Manufacturing department. 
  • Interprets financial operating results, analyzes departmental spending and variances, and makes recommendations for cost reduction and profit improvement. 
  • Generates reports as needed, including but not limited to, standard cost information, production details, absorption, variance analysis, product family data, inventory, and related reserves analysis; perform ad hoc financial analysis as directed. 
  • Calculates periodic KPIs, to include turns, days in inventory, scrap volume, etc. 
  • Continually enhances the quality, reliability and responsiveness of the information provided. 
  • Identifies and implements opportunities for process improvement and cost reduction. 
  • Evaluates the financial impact of strategic and operational actions being considered 
  • Identifies, assigns and/or leads financial projects as required. 
  • May manage one or more Financial Analysts or Cost Accountants. 
  • Resonable accommodations may be made to enable individuals with disabilities to perform these essential functions. 
  • Other duties as assigned. 

   

  Networking/Key relationships 

  • VP & Directors of assigned departments  
  • For Operations support: Production Line and Line Supervisors  
  • For Commercial: Field Personnel and Client Services  
  • Information Technology   

Minimum Knowledge & Experience for the position:

• Bachelor's Degree in Accounting, Finance, or related field.
• Minimum of five (5) years of experience in a professional environment in a cost accounting, FP&A
  or related field required.
• Ability to interact and comfortably detail and explain complex data to Senior Management required
• Familiarity with Standard Cost setting process preferred
• Experience with functional management preferred
• Strong working knowledge of the concepts, principles, and practices of accounting and financial
  reporting
• Demonstrated expertise with Microsoft Excel
• SAP Experience preferred
• Proficiency in English Language required

Skills & Capabilities

• Ability to analyze and interpret data
• Strong written and verbal communication skills
• Ability to manage competing priorities in fast paced environment

Travel Requirements

• Up to 5% of time

People Manager Core Competencies

Building Talent
Planning and supporting the development of individuals’ knowledge, skills, and abilities so that they can fulfill current or future job responsibilities more effectively.

Customer Focus
Ensuring that the internal or external customer’s perspective is a driving force behind strategic priorities, business decisions, organizational processes, and individual activities; crafting and implementing service practices that meet customers’ and own organization’s needs; promoting and operationalizing customer service as a value.

Decision Making 
Identifying and understanding problems and opportunities by gathering, analyzing, and interpreting quantitative and qualitative information; choosing the best course of action by establishing clear decision criteria, generating and evaluating alternatives, and making timely decisions; taking action that is consistent with available facts and constraints and optimizes probable consequences. 

Driving for Results 
Setting high goals for personal and group accomplishment; using measurement methods to monitor progress toward goals; tenaciously working to meet or exceed goals while deriving satisfaction from that achievement and continuous improvement. 

Driving Innovation 
Creating an environment (culture) that inspires people to generate novel solutions with measurable value for existing and potential customers (internal or external); encouraging experimentation with new ways to solve work problems and seize opportunities that result in unique and differentiated solutions. 

Emotional Intelligence Essentials 
Establishing and sustaining trusting relationships by accurately perceiving and interpreting own and others’ emotions and behavior; leveraging insights to effectively manage own responses so that one’s behavior matches one’s values and delivers intended results. 

People Manager Accountabilities

Effectively carries out the expectations of Werfen People Managers as defined in Werfen’s Role of the Manager program. Among others this includes maintaining regular, at minimum once a month, and transparent communication with the team through effective use of formal one-on-one meetings with direct reports and team meets. Managing performance issues and conflict proactively; uses judgement in consulting with department leadership and Human Resources. Responsibility for the team´s compliance in terms of training, and fulfilment of their tasks and objectives as well as onboarding of new employees and development of the existing team. 

Work Environment

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.  While performing the duties of this job, the employee is regularly required to communicate. Must be able to detect, identify and inspect scientific data. The employee will be required to stand and/or walk up to 8 hours per day and/or sit for up to 8 hours per day.  Must be able to use hands to feel objects, including keyboard, telephone and pipettes or other lab equipment.  May need to reach with hands and arms, climb stairs, balance, stoop, kneel or crouch.  Will be required to talk and hear and have specific vision abilities, including close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus.  May occasionally have to lift and/or move up to 25 pounds.  The noise level in the work environment will vary but is usually moderate.  This position is very active and requires varying levels of mobility.