Job Description

Basic Purpose and Objective

Lead the Michigan Finance Shared Services Team

The accurate reporting of the financial health of the company as well as the recommendation/assistance of cost saving measures

Specific Duties and Responsibilities:

• Lead Michigan Finance Shared Services Team: 2 Staff Accountants, Accounts Payable, Accounts Receivable and Cost Accountant

• Perform / supervise monthly divisional & consolidated financial close

• Complete Monthly Financial Reports and Controller’s Report including a written summary of Sales, Mix, Operational, Working Capital and Cash Flow Variances from Budget

• Monthly submissions to corporate

• Includes ongoing communication with leadership team on performance to budget

• Weekly/Monthly Metrics Reports and Executive Staff Meeting Involvement (e.g. Sales to Budget, Efficiency, Spending to Budget, Inventory, Pounds Produced per Line/Man hours, Sales Pareto’s etc. as requested by both plant and financial management)

• Prepare Weekly Cash Forecasting

• Authorize weekly wire transfers

• Perform or supervise all balance sheet account reconciliations including inter-company, fixed assets and bank reconciliations

• Track and minimize working capital requirements

• Maintain Inventory Reserves according to company Policy

• Minimize inventory obsolescence though ongoing monitoring & supervision

• Initiate Inventory Reporting to further identify specific Excess, Inactive and Obsolete Inventory and develop a disposition policy that includes maximizing customer recoverable for Raw & Fab. and minimizing part balance-out obsolescence

• Compliance with corporate quarterly, annual and interim reporting requirements

• Coordination of Internal and External Interim and Year-End Audits

• Coordination and completion of annual divisional and consolidated budget

• Supervision of Physical Inventories as necessary

• Strategic involvement for initiatives in product costing, pricing, sales trends, manufacturing trends and miscellaneous financial initiatives

• Administration of Commissions & Bonuses

• Perform quarterly Labor and Burden analysis

• Maintain and develop internal controls and procedures related to shipping, receiving, A/P, inventory & cycle counting, annual physical inventory, scrap reporting, etc.

• Monitor and track cost reduction and continuous improvement initiatives (both budgeted and unbudgeted)

• Various other accounting duties as requested

• Safety:

• Follow all safety requirements to avoid injury to self and fellow employees.

• Create and maintain a safe work environment; repair and/or report non-conformances to company safety policies and guidelines

• Perform the necessary safety requirements to avoid injury to self and fellow employees

Qualifications

Education and Experience Required:

• Bachelor’s Degree in Accounting

• Minimum of 10years of accounting experience

• Strong leadership skills

• Problem solving skills

• Detail oriented and excellent organizational skills

• Strong verbal and written communication skills

• Ability to work under pressure

Position Type/Expectations of Working Hours

• Full time position

• Regularly scheduled to work 8 – 10 hours a day

• Must be able to work Monday - Friday