Finance Manager
603 Manufacturing, a Trexon Company, is actively seeking a Finance Manager in Hudson, NH. Serving as a strategic financial leader, the Finance Manager provides invaluable support to the General Manager (GM) of 603 Manufacturing and its cross-functional team. The primary objective is to offer guidance that facilitates informed financial decision-making while driving the financial transformation of the business unit.
Reporting directly to Trexon’s CFO, with a dotted line to the GM of 603 Manufacturing, the Finance Manager is entrusted with leading initiatives that optimize financial processes and enhance performance across the department. A core aspect of the role involves leveraging advanced ERP systems and other digital tools to foster growth, increase productivity, and ensure compliance with Generally Accepted Accounting Principles (GAAP).
The Finance Manager's responsibilities encompass overseeing financial operations, analyzing data, and implementing strategies to align financial practices with organizational goals. By collaborating closely with stakeholders, including the GM of 603 Manufacturing, the Finance Manager plays a pivotal role in shaping financial strategies that drive the unit forward.
Effective communication is integral to the Finance Manager's role, as they must articulate financial insights and recommendations to senior management and stakeholders. By fostering a culture of transparency and accountability, the Finance Manager helps to cultivate an environment conducive to achieving organizational objectives. The ideal candidate will possess strong leadership skills, strategic acumen, and a proven track record in financial management within a dynamic business environment.
Specific Position Duties
- Own the Business Unit (BU) level General Ledger month-end closing, financial reporting and account reconciliation process while working with the Trexon Corporate Accounting, FP&A and other teams regarding accounting/financial requirements for the division and ensuring the financial statements are GAAP compliant and timely reported.
- Develop and report on analytics to influence effective decision making and achieve revenue, gross margin, EBITDA and working capital targets. This includes but is not limited to pricing, products costs, operational cost productivity and expense management, right-sizing cost levels while driving improvement in the cash conversion cycle.
- Participate in Operations/Business Reviews and other special projects or steering committees to ensure achievement of financial plans and strategic goals.
- Review current accounting policies and procedures at the BU level to ensure compliance with GAAP and consistency with corporate accounting policies. This includes inventory, accounts receivable, accounts payable and other accounting areas. Develop and implement new policies and procedures where necessary.
- Collaborate across all BU departments (Sales, Procurement, Operations, etc.) and provide financial support and guidance to ensure processes and procedures are appropriate and provide accurate data for financial reporting and analytics.
- Build the Annual Operating Budget using bottoms-up approach for Business Unit to achieve company strategic and financial goals.
- Perform invoicing responsibilities daily, ensuring accuracy of billings including customer information, pricing, sales tax and other pertinent invoice information.
- Manage Business Unit cash position and 13-week cash flow forecast model.
- Ensure compliance with state and local government sales and use tax reporting requirements.
- Work with Corporate Controllership and FP&A teams in preparing rolling forecasts, ad-hoc analysis and other reporting required by management, lenders and shareholders.
- Post journal entries relating to payroll, banking, various accruals and intercompany transactions.
- Perform other job-related duties as requested by management.
Key Competencies
- Proven leadership skills; ability to collaborate and work in a matrixed team environment.
- Strong analytical skills and the ability to propose positive business solutions to problems.
- Strong influencing and problem-solving skills with attention to the details.
- High intellectual curiosity and strategic mindset.
- Ability to handle confidential financial and personnel information appropriately.
- Excellent written and verbal communication skills.
- Ability to work under pressure and adhere to deadlines.
- Forward-thinking in implementing tools to improve analytics, driving better business decisions.
- Good organizational skills and ability/capacity to handle a high work volume.
- Self-motivated and positive team player.
- Ability to work flexible hours as needed.
Minimum Qualifications:
Education: Bachelor’s degree in Accounting, Finance, or related field is required; CPA or MBA preferred.
Experience: Eight (8) to ten (10) years of experience in a dedicated accounting/finance function, Manufacturing and inventory accounting experience strongly preferred.
Knowledge: Working knowledge of payroll processing, taxes, compliance, auditing, and benefits administration. Demonstrated ability to improve processes and diagnose problems. Training will be provided on internal Trexon processes and systems, as required for this position.
Physical Requirements:
The physical demands described here are representative of those that must be met 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 stand, walk, sit, and talk or hear. The employee must occasionally lift and/or move up to twenty-five (25) pounds. The employee must occasionally crouch, stoop, or reach. Specific vision abilities required by this job include close vision, color vision, depth perception and ability to adjust focus. The noise level in the work environment is usually moderate.
About 603 Manufacturing
Located in Hudson, NH, 603 Manufacturing, a Trexon company, opened for business in 1998. We are an awarded manufacturer of cable assemblies and electro-mechanical assemblies. 603 Manufacturing is truly a diversified contract manufacturer, servicing the Defense, Aerospace, Industrial, Medical & Commercial industries. We offer a comprehensive benefit package including a 9/80 work schedule.
603 Manufacturing is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status. 603 Manufacturing is an E-Verify Participant. Pre-employment drug/alcohol/background screening is required.
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