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Accounting Manager
Accounting ManagerGFF • Manteno, IL, United States
Accounting Manager

Accounting Manager

GFF • Manteno, IL, United States
30+ days ago
Job type
  • Full-time
Job description
  • Plant-Level Financial Planning and Analysis (FP&A) :
  • Lead the financial planning, budgeting, and forecasting processes at the plant level.
  • Monitor plant performance metrics, prepare variance analysis, and provide recommendations to improve profitability.
  • Analyze production costs, labor efficiency, material usage, and overheads to identify opportunities for cost reduction.
  • Cost Accounting :
  • Ensure accurate and timely cost accounting, including product costing, variance reporting, and cost allocation.
  • Analyze manufacturing variances such as material usage variance, labor variance, and overhead variance.
  • Collaborate with operations to review bills of materials (BOMs) and standard costs to ensure accuracy.
  • Operational Efficiency :
  • Work closely with plant management to drive cost savings initiatives and improve overall operational efficiency.
  • Participate in continuous improvement projects (Lean, Six Sigma) to enhance productivity and reduce waste.
  • Monitor inventory levels and perform regular inventory audits to ensure accurate financial reporting.
  • Financial Reporting :
  • Prepare and present monthly, quarterly, and annual financial statements for the plant in accordance with corporate policies and GAAP / IFRS standards.
  • Ensure alignment with corporate reporting requirements, providing accurate and timely data to the Plant Controller and corporate finance team.
  • Support external and internal audits, ensuring compliance with financial policies and controls.
  • Capex and Investment Management :
  • Assist in evaluating capital expenditure (Capex) projects, ensuring alignment with financial goals and operational needs.
  • Conduct return on investment (ROI) analysis for plant investments and provide financial justification for new projects.
  • Budgeting and Forecasting :
  • Lead the preparation of the plant's annual budget and long-term financial forecasts.
  • Track performance against budget, identifying any risks or opportunities, and communicating insights to the Plant Controller.
  • Internal Controls and Compliance :
  • Ensure proper internal controls are in place at the plant level to safeguard assets and prevent fraud or mismanagement.
  • Support the implementation and enforcement of company-wide financial policies and procedures.
  • Collaboration with Cross-Functional Teams :
  • Partner with operations, supply chain, procurement, and engineering teams to ensure financial objectives are integrated with business strategies.
  • Provide financial insights and support decision-making related to production planning, capacity utilization, and supply chain optimization.
  • Ad-Hoc Reporting and Analysis :
  • Provide financial analysis on specific business issues, such as pricing strategies, product profitability, and make-versus-buy decisions.
  • Support the Plant Controller with special projects, including financial modeling and analysis for strategic plant initiatives.
  • Other duties as assigned.
  • Requirements

    • Bachelor's degree in finance, Accounting.
    • 5+ years of experience in finance, accounting, or cost management, preferably in a manufacturing environment.
    • Strong understanding of cost accounting, manufacturing processes, and operational metrics.
    • Proficient in financial software (ERP systems such as SAP, Oracle, etc.) and advanced Excel skills.
    • Solid knowledge of financial reporting standards (GAAP / IFRS) and internal control frameworks.
    • Excellent problem-solving, analytical, and communication skills.
    • Detail-Oriented : High attention to detail in managing complex cost structures and financial reporting.
    • Analytical : Ability to analyze financial data and translate it into actionable insights for plant management.
    • Collaborative : Ability to work cross-functionally and build strong relationships with plant operations teams.
    • Proactive : Eager to identify opportunities for process improvement and cost reduction.
    • Adaptable : Comfortable in a fast-paced, dynamic environment with changing business needs.
    • Salary Description

      starting at $85,000.00

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    Accounting Manager • Manteno, IL, United States

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