- Career Level
Oversees all financial system functions at the Howey-in-the-Hills, Florida plant in order to provide timely and sound financial information, accurate financial reporting, budgets and forecasts, solid internal controls and plant working capital management. Directs, participates in and implements the annual manufacturing budget, to include the establishment of cost center rates, line performance standards and product standard costs, monthly financial statements and working capital forecast and capital expenditure plan.
Tracks, evaluates and prepares reports on plant manufacturing performance against budget/forecast on a daily, weekly and monthly basis in order to identify areas of opportunity for improvement. Leads the plant annual budget and monthly financial forecast process to prepare accurate budgets/forecasts including tactics for execution. Prepares requests for capital spending authorizations and initiates the approval process for all investment project proposals for the plant operation. Incorporates the annual capital plan into the plant operating plan standards and performance metrics. Provides financial analysis for capital and expense projects, plant proposals and productivity initiatives.
Oversees the scheduling, auditing and reconciliation of all plant physical inventories (Finished Goods, Raw Materials and Supplies). Responsible for the monthly financial close process. Responsible for maintaining a perpetual inventory process, physical control, accurate accounting and tracking of fixed assets including assets in process. Establishes and oversees internal control practices and procedures in order to provide reliable financial information and guard the assets of the company, including account reconciliations and annual/quarterly audit support. Maintains a strong understanding of accrual and cash basis accounting practices and keeps abreast of legislative changes. Ensures compliance with company policies including expenditure approvals, employee time reporting and employee expense reimbursements.
Monitors expenses, working capital and plant performance versus budget and forecast and prepares the monthly management operations discussion and analysis including actions for improvement. Recommends financial policies in conjunction with the goals and objectives of the Company and ensures internal controls are in place. Plans, studies, and collects data to determine costs of actual business activity such as raw material purchases, inventory, labor and overhead at the plant. Provides plant management with reports specifying and comparing factors affecting process and profitability of products or services. Analyzes and reconciles monthly inventories both at plant and 3rd party warehouses. Provides proactive financial guidance, support and leadership to the plant management team. Work with plant management in preparation of pricing quotations for Sales & Marketing team, as needed for new projects or engineering revisions.
Assist production management with assessment of “continuous improvement" projects and processes, measure and report progress toward planned goals. Follows lawful instructions and responds to management direction. Writes and speaks clearly and informatively and able to read and interpret written information. Demonstrates accuracy and thoroughness and completes work in timely manner. Able to deal with frequent change, delays, or unexpected events and reacts well under pressure. Follows policies and procedures and uses equipment and materials properly. Observes safety and security procedures and reports potentially unsafe conditions. Strives to continuously build knowledge and skills. Is consistently at work and on time and commits to long hours of work when necessary to reach goals, including weekend work as needed. Possesses the Skills and Knowledge, and is able to meet the Physical Demands and perform in the work environment described in the Work Environment section below.
SKILLS AND KNOWLEDGE
To perform this job successfully, an individual must 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. Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws. Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.
Education and/or Experience
- Bachelor's degree (B. A.) from a four-year college or university in Accounting, Business Management, Food Science, Food Technology, or related field, and a minimum of seven years’ experience in a manufacturing supervisory role and/or training; or equivalent combination of education and experience.
- Directly supervises five employees in the Finance Department.
- Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws.
- Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.
- Ability to read and comprehend simple instructions, short correspondence, and memos.
- Ability to write simple correspondence.
- Ability to effectively present information in one-on-one and small group situations to customers, clients, and other employees of the organization.
- Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume.
- Ability to apply concepts of basic algebra.
- Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form.
- Ability to deal with problems involving several concrete variables in standardized situations.
To perform this job successfully, an individual should have proficient typing and computer skills including knowledge of Accounting software, Database software; Internet software; Inventory software; Order processing systems; Spreadsheet software (MS Excel), Word Processing software (MS Word) and Email software (Groupwise).
Physical Demands 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. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this Job, the employee is regularly required to sit; use hands to finger, handle, or feel; reach with hands and arms and talk or hear. The employee is occasionally required to stand and walk. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, depth perception and ability to adjust focus.
Work Environment The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this Job, the employee is occasionally exposed to wet and/or humid conditions. The noise level in the work environment is usually moderate, however the employee may be required to enter production areas where the noise level is usually loud and hearing protection is required.