The Finance Manager is responsible for the Financial Planning and Analysis functions and for reporting, forecasting and evaluation of results for assigned plants. Responsible for Financial Planning and Analysis compliance with US GAAP, Internal Controls and corporate guidelines and processes established by RRD. Partners with the operations teams to share insights and lead business improvements to drive financial results. Participates in the overall financial management of the Plant. Provides appropriate financial information to Plant President and departmental managers to enable them to establish effective goals and monitor operating performance.
RESPONSIBILITIES
Work is typically performed under minimal supervision, with only guidance about overall goals and objectives. Usually receive minimal to no guidance about how to complete work objectives. Work is typically completed by following established policies and procedures. Able to independently evaluate processes, identify areas of improvement, and incorporate into overall work objectives.
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Implements RRD’s policies and procedures in accordance with GAAP to ensure the safeguarding of assets and accuracy of financial information.
Owns business financial statements
- Maintains adequate documentation to support the monthly review process including the use of checklists and approval sign offs; submits daily close updates (WD 3,4,5)
- Oversees periodic physical inventory counts and is responsible for reviewing count variances and driving improvements in obsolescence
- Prepares and/or reviews monthly commission calculations, including margin incentives
- Ensures the billing process is completed on a timely, accurate basis in accordance with RRD’s revenue recognition policies
- Reviews customer and job profitability to evaluate sales and production performance as well as the accuracy of the data
- Analyzes results for performance to forecast, budget and prior year; investigates unusual fluctuations and works with Plant President to drive corrective action
- Prepares and submits monthly Balance Sheet Analysis by plant and responds to platform BSA questions
- Monitors Key Performance Indicators (Labor % VA, DSO, DIOH, etc.) and works with Plant President to develop correction actions as necessary
- Participates in monthly business review meetings with Plant President and Platform managers
- Oversees annual fixed asset physical inventory process; submits asset transfers, disposals and capitalization throughout the year as necessary
Financial Partner to Plant President, Operations and Local Sales
- Engages with Plant President to develop strategic plans (three year strategy plan)
- Prepares Annual Budget
- Responsible for P&L forecasting (Views/Outlooks) and Capital forecasting
- Participates in capital planning, including preparation of Project Appropriation Requests (PAR); monitors implementation of approved projects
- Monitors working capital performance and manages the process of improving working capital components
- Supports Plant President and local sales with customer quarterly business reviews as necessary
- Provides FP&A operations support, including periodic evaluation and revisions of budgeted hourly rates and manufacturing standards used for estimating and job costing
Develops tools to provide critical financial and operational information and make actionable recommendations on both operations and strategy.
Prepares regular and ad hoc reports about Plant financial status as appropriate.
Support internal and external auditors as requested
Understands risk management program, including types of business insurance coverage; identifies and coordinates business insurance claims
Required Skills
- Able to apply broad work experience and knowledge when analyzing complex problems.
- Ability to handle complex financial modeling across multiple projects
- Must be able to consistently identify critical elements, variables and alternatives to develop solutions.
- Must be able to organize/prioritize existing resources and incorporate new information, as needed, to implement the most effective solutions.
- Able to apply excellent business acumen and collaborative skills when resolving problems.
- Excellent technical knowledge of budgeting, cash management and financial analysis processes, including forecasting and financial modeling.
- Must be able to work with senior level management throughout the company to analyze financial situations and make recommendations.
- Highly proficient in Microsoft Office, Google G-Suites, and other applicable accounting and financial systems. SAP and Essbase experience a plus. Strong Excel skills are required.
- Able to mentor junior level team members in the use of tools and/or systems in the position.
- Requires excellent communication skills with ability to state messages in a courteous, clear manner by using language that is easy for others to understand. Able to explain programs, policies and procedures in language that is understood by others. Able to write with clarity and precision.
- Must be able to modify communication style both formal and informal to match the appropriate level of the audience targeted.
- Requires strong understanding of the impact of a message on the organization or customer.
Required Experience
- Bachelor’s degree in Accounting or Finance with 5-7 years of relevant work experience OR demonstrated ability to meet the job requirements through a comparable number of years of applicable work experience. CPA is preferred.
RRD IS AN EEO/AA INCLUDING VETS AND DISABLED EMPLOYER