What are the responsibilities and job description for the Finance Manager position at Advanced Energy?
About Advanced Energy
Advanced Energy (Nasdaq: AEIS) is a global leader in the design and manufacturing of highly engineered, precision power conversion, measurement and control solutions for mission-critical applications and processes. AE’s power solutions enable customer innovation in complex applications for a wide range of industries including semiconductor equipment, industrial, manufacturing, telecommunications, data center computing and healthcare. Advanced Energy has devoted four decades to perfecting power for its global customers and is headquartered in Denver, Colorado.
POSITION SUMMARY:
Acting as a key influencer to business leaders, the Finance Manager is responsible for providing financial leadership and business partnership to one or more of Advanced Energy’s product line organizations in support of strategic decision-making within their organizations. The ideal candidate will be self-driven with strong business savvy, regularly identifying business needs and recommending changes and improvements, for both the product line leaders and within the finance organization. The Finance Manager is a hands-on leader supporting product line leadership teams by leveraging broad finance experience and technical expertise to support strategic initiatives through high impact financial analysis, reporting, and insight.
RESPONSIBILITIES:
- Develops, maintains, and effectively communicates insightful financial information to support decision making of the Plasma Power senior leadership team
- Provides financial partnership and business recommendations supported with data analytics
- Manages all aspects of the quarterly OpEx/CapEx forecast process
- Leads preparation of monthly reporting/analysis for operational reviews to key stakeholders
- Participates actively in the development of tools and processes within Finance and Plasma Power
- Provides analytical support to the accounting team to ensure accruals are accurate
- Generates monthly dashboards for product lines, including detailed Key Performance Indicators (KPIs), product line P&Ls, supported by relevant and insightful variation analysis
- Key finance business partner for product managers, budget owners, and operations leaders, supporting strategic initiatives through investment analysis, business case modeling, and make vs. buy decision support
- Proactively identifies trends and opportunities and makes recommendations to the business leaders to improve processes and/or financial performance
- Drives mature, best-in-class FP&A processes, creating an environment of financial acumen, visibility, and accountability
- Works directly and effectively with all levels of the organization, across multiple continents and time zones
- Acts as a leader within the finance organization, mentoring and managing (based on organizational needs) financial analysts.
- As a member of the global finance organization, monitors and works within the internal control environment and partners, as needed, with both internal and external audit teams
WORK ENVIRONMENT:
- Location: Denver, CO
- Environment: Standard office setting
QUALIFICATIONS:
- Ability to perform both strategic and hands on analysis in a fast paced, global environment
- Ability to utilize the full Microsoft Office Suite at an advanced level of proficiency
- Strong work ethic, exceptional “say / do” ratio, self-starter with bias to action
- Ability to lead and influence through both direct and indirect working relationships
- Demonstrated leadership and problem-solving skills
- Prior experience with an integrated ERP system, including Financial Planning and Consolidation (SAP preferred)
- Proven organizational, time management, project management, conflict resolution and interpersonal skills
- Excellent oral and written communication skills
EXPERIENCE:
- Essential:
- At least 6-10 years of progressive financial experience, with at least 2 years in a manufacturing environment or management consulting
- Desirable:
- Previous financial management experience in a global high tech and/or manufacturing company
- Previous experience in both Business Unit Finance, FP&A and Cost / Manufacturing Accounting
EDUCATION:
- Bachelors degree in Finance, Accounting, Business or similar
- MBA, CPA, CMA is a plus
COMPENSATION:
As required by multiple state pay transparency laws, Advanced Energy provides a reasonable range of compensation for each job posting. Actual compensation is influenced by an array of factors including, but not limited to, skill set, level of experience, and specific office location. The range of starting pay for this role is $116,000 to $155,000 per year.
BENEFITS:
As part of our total rewards philosophy, we believe in offering and maintaining competitive compensation and benefits programs for our employees to attract and retain a talented, highly engaged workforce. Our compensation programs are focused on equitable, fair pay practices including market-based base pay, an annual pay-for-performance incentive plan for eligible positions, and a discounted Employee Stock Purchase Plan.
In addition to our competitive compensation practices, we offer a strong benefits package in each of the countries in which we operate. In the U.S., we offer a rich benefits package that includes:
- Medical - multiple medical plans are available to choose from
- Short and long-term disability and life insurance
- Health savings and flexible spending accounts
- Generous time off policy starting with 3 weeks of paid vacation, 7 days of paid sick time, and 12 paid holidays
- 8 hours of paid volunteer time off
- 8 weeks of paid parental leave for both Moms and Dads
- Company matched 401(k)
- Tuition reimbursement
- Expanded mental health coverage and employee assistance programs
- Other voluntary benefits include critical illness, accident and hospital indemnity, pet insurance, identify theft, and legal assistance
Advanced Energy is committed to diversity in its workforce including Equal Opportunity Employment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, and/or veteran status.
Advanced Energy is also committed to providing reasonable accommodations in our job application process/procedures for qualified individuals with disabilities. If you require assistance in completing an Advanced Energy application, please reach out to HumanResources@aei.com
Applications will be accepted through September 30, 2024 unless the position is filled prior to this date. The company reserves the right to review applications at any point after they are submitted.
Salary : $116,000 - $155,000