Finance Manager

Borden Dairy
Franklin Park, IL Full Time
POSTED ON 1/3/2022 CLOSED ON 1/27/2022

What are the responsibilities and job description for the Finance Manager position at Borden Dairy?

Overview

Manage the Finance department, Inventory and Cost Accounting functions to include: accounting and reporting for, month end financials, inventory, cost of sales, other direct product costs, and variances. Own the annual budgeting process for standard costs and partner with Finance to budget Other Direct Product Costs. Guide Financial analysis and reporting in conjunction with the Corporate Finance team. Assist as needed with other analysis as well as special projects.  There may be other job functions which are essential, but are not listed.  NDSM may revise this description at any time deemed necessary.

Qualifications

  • Bachelor’s degree in Accounting or Finance from a four-year university 
  • 5 to 7 years similar responsibilities in a distribution or manufacturing company.
  • Strong communication and presentation skills
  • Solid understanding of Generally Accepted Accounting Principles
  • Strong analytical ability and attention to detail is required
  • Strong aptitude in understanding enterprise systems and the inter-relationship of the various modules, JD Edwards experience a plus
  • Advanced Excel and Microsoft Office
  • Decision making abilities commensurate with job responsibilities
  • Must be able to handle multiple tasks and work under pressure to meet various deadlines

Responsibilities

  • Responsible for accurate, timely and informative reporting of Cost of Sales and Inventory
  • Prepare and publish monthly Financial reports
  • Be the resource for Inventory/Forecasting, Operations and Sales and others for all areas of cost and inventory
  • Determine adequate inventory reserve levels and support balance with detailed analysis
  • Manage the monthly closing process in all areas relating to Inventory, Cost of Sales, and Finance
  • Review variances and investigate causes
  • Annual determination of updated standard costs 
  • Partner on budgeting Other Direct Product Costs
  • Prepare analysis and management reports related to:
  • Inventory 
  • Material price variance
  • Freight variances
  • Production variances
  • Various Other Direct Product Costs
  • Maintenance of inventory costing records
  • Prepare the monthly and annual closing process, annual audit, various projects
  • Evaluation and analysis of financial information for management review
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