Finance Manager

Company: Sugaright
Location: Fairless Hills
Posted on: November 6, 2024

Job Description:

Description: SUMMARY:This position will work directly under the Director of Finance to manage, audit, and streamline the Accounting and Finance function for Sugaright, LLC, a wholly owned subsidiary of CSC Sugar, LLC. Candidate will work within a team of five that manages full cycle AP, AR, inventory and cost accounting, cash management, monthly close & financial statement production, and annual and long-term financial planning and analysis for a $700m+ revenue manufacturing business with six domestic liquid sucrose manufacturing facilities. The ideal candidate will have 5+ years of experience in progressively senior Finance and/or accounting roles and a desire to join a growing team and business seeking to mature its accounting processes and controls. This will be an in-office role based in Sugaright's corporate headquarters in Fairless Hills, PA. Travel may comprise up to 20% of time for this role on an as needed basis. Primary job responsibilities include (But not limited to):1. Fixed Assets:Maintain capital asset ledgers for all locations (9 total). Develop and implement best practices for recording capital transactions from Procure/Pay to Capitalization/Depreciation.Balance Sheet reconciliation, asset tracking/tagging, and adherence to GAAP treatment of capital expenditures.Evaluate and reconcile current fixed asset inventory consisting of -3,000 assets at over $40m in NBV. Updating ledgers to capture disposals, additions, or relocations as needed.Work with VP of Engineering, CEO & Director of Finance to analyze critical metrics of capital projects (ROI/ROE, NPV, IRR). Develop capital cash flow forecasts based on project schedules and PO records.Complete post-commission financial analysis of all significant projects.Validate financial outcomes used in project justifications (operating cost savings, headcount reduction, throughput increase, etc)2. AP, AR, Cash Management:Oversee and audit current AP process from vendors.Supervise invoice receipt & approval and coding to ensure internal policies are followed.Ensure GL coding is consistent across sites and vendors.Oversee and audit current AR process from order shipment to invoicing and collection.Manage use of vendor-specific EDI invoice uploads and early pay/supply chain finance tools for 12+ customers with extended payment terms.Work with Sr Accountant and Treasurer to forecast cash flow needs for $3-4m in average weekly outgoing payments.Support implementation of new corporate card program in compliance with IRS and Company T&E guidelines. 3. FP&A and Other Duties:Assist in development and preparation of annual operating budgets.Review and analyze data for accuracy, consistency and cost saving opportunities.Review financial statements monthly and analyze variations of actual results against budget and prior period.Identify actionable feedback for operations leaders to improve cost performance.Support sales function by validating customer pricing models.Compare and contrast actual cost buildups to sales models to reconcile any deviations from expected margin and volume.Lead preparing responses to all external audits including typical annual third-party audit and 3-6 ad-hoc audits annually from lenders, insurers, and government entities.Requirements:Bachelor's degree in finance, Accounting, or related field.Strong Excel skills required, experience with Microsoft Dynamics GP a plusExperience in manufacturing or commodities industry a plusCPA/MBA/CMA not required but would plus Public Accounting experience not required but would be a plus Fluency in English - written and spoken required (Spanish fluency preferred but not required).Understanding of Full Cycle AP, AR, Inventory and Cost Accounting. Intimate familiarity of Cash Management, Monthly close and Financial statement generation. Comprehensive knowledge of Annual + long term Financial planning and Analysis.Compensation details: 100000-110000 Yearly SalaryPIcc6cfd309b96-25660-35419170

Keywords: Sugaright, Lakewood , Finance Manager, Executive , Fairless Hills, New Jersey