Finance Manager - Production / Manufacturing

Finance Manager - Production / Manufacturing
Notice info
LocationTrenton, NJ
On-site
Oil and Gas

About This Job


About Us:

By combining a rich legacy in the power and gas compression space with pioneering technology, INNIO brings our customers affordable, reliable, and sustainable energy solutions for today—and tomorrow. We are helping to meet today’s energy needs with 64 GW of installed capacity and 48,000 of our powerful Jenbacher and Waukesha engines, which can be found in more than 100 countries. And, by harnessing our history of energy industry firsts along with the power of digital innovation, we will continue to deliver for the future. It’s time to take engines to a place no one else can. Welcome to a World of Innovation and Inspiration. Welcome to INNIO!


Overview:

The Finance Manager - Production / Manufacturing is responsible for container assembly, based in Trenton, US. Trenton is the new site within the INNIO group, packaging gas engines for customers in North America. This position owns the controlling, cost calculations, and financial processes for all costs relating to the Trenton site. These activities make a significant contribution to the success of the Trenton team, and the wider business.


Work Location & Structure:

This is a hybrid structured position that can based at our Trenton, NJ facility.


Responsibilities:

- Work closely with the Trenton Operations leadership team, up to management level, to drive and improve the planning, forecasting, and reporting of all elements of cost.

- A key area of focus are the shop floor-related variable costs, including productive hours, overall costs per hour, overhead allocations, and productivity metrics. Scope of work covers planning and forecasting, cost management, through to regular analysis and explanations of variances.

- Responsibility for calculating labor and related overhead rates across the various cost centers within the Trenton factory.

- Conduct ad-hoc in-depth analyses on special topics in areas such as resource or assembly costs, impacted due to changing market and process conditions.

- Also in scope is the planning of fixed costs relating to the Trenton team. This includes detailed headcount planning, resource costs and other related general and administration costs, plus reviews and signoffs up to INNIO VP level.

- Additional onsite support covering areas such as localized procurement, capex and inventory planning and tracking. Also local point of contact for annual physical inventory count.

- Local point of contact for needed consolidation entries to transfer local ledger balances into the Group level ledger. Deep understanding the ERP set-up and differences between the local and Group systems.

- Calculate and book periodic financial adjustments. Examples include various cost accruals relating to the factory. Also, critical year-end entries such as the labor cost in inventory revaluation. Ensure a high degree of accuracy.

- Prepare and issue regular reports for the wider Operations team, giving clarity on progress of cost and productivity versus plan. Where needed adding insightful commentary on operational drivers of any variances.

- Initiate and implement meaningful improvements to processes, reporting, and forecasting. Leverage operational expertise and business intelligence tools to achieve these results.


Minimum Requirements:

- Bachelor's degree in Accounting, Finance, Economics or a related Business Administration field; Master's Degree preferred.

- 5+ years experience in a finance and/or accounting role.

- Strong understanding of accounting concepts.

- ERP experience preferably to include Oracle and/or Sage B7.

- Flexible and works well with deadlines.

- Proactive learner, clear thinking with problem solving attitude.

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