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Full-time
bachelor degree, postgraduate degree
Posted 12d ago
~40 hrs/week
Responsibilities
The Director of Financial Operations oversees plant-level cost accounting, financial reporting, and ERP system alignment to drive operational efficiency and profitability. This role partners with cross-functional teams to manage budgets, mitigate financial risks, and implement strategic process improvements across manufacturing sites.
Requirements
Candidates must possess a bachelor's degree and at least 10 years of experience in manufacturing accounting, specifically in cost accounting and financial reporting. Proficiency in ERP systems, preferably Oracle, and experience managing teams in a multi-site food manufacturing environment are required.
Full job description
Scope of Job: The Director of Financial Operations stands at the intersection of finance and operations ensuring a smooth flow of information and oversight across both domains. This role involves monitoring the financial health of the company’s operations and supply chain, implementing budgetary controls, and providing strategic financial insights to support decision-making processes. By tracking and analysing operational and supply chain metrics, understanding standards and variances, controlling inventory, and driving timely financial reporting, the Director of Financial Operations aids in steering the company towards its financial and operational goals while ensuring operational and supply chain efficiencies.
At the core of this role is the management and coordination of ERP process improvements and alignment of systems ensuring the design and structure provide a strong foundation in identifying areas for financial improvement. The information provided must align operational activities with the overall financial strategy of the company, thereby fostering a cohesive environment for sustainable growth and profitability.
The Director of Financial Operations will oversee a team of plant-based controllers and cost accountants supporting plant-level operations with operational metrics, financial reporting, pricing support, and cost determination. This role will ensure consistent and accurate tracking of production costs across all sites, drive efficiency initiatives, and provide insights to improve plant profitability.
Essential Job Functions and Responsibilities:
Cost Accounting Oversight: Manage the plant controllership and cost accounting function for all locations ensuring processes are effective and accurately tracking production costs, variances, and operational efficiencies. Oversee product costing, standards revisions, gross margin analysis, inventory control and accounting and reconciliations for manufacturing.
ERP Oversight: Manage the design, structure and flows of the ERP system to provide alignment of data and transactions for efficient and effective use in managing the business. Develop and maintain cost accounting systems, policies, and procedures that align with the organization's financial goals.
Process Improvement: Identify inefficiencies and bottlenecks in operational processes and implement strategic solutions to enhance productivity and reduce costs. Continuously evaluate workflows for optimal performance and alignment with organizational goals. Analyse operational data and reports to identify trends, issues, and opportunities for process improvements.
Cross-Functional Collaboration: Partner with procurement, production, supply chain, sales, and finance teams to ensure alignment of cost objectives and pricing strategies. Work together and collaborate to ensure inventory levels meet customer needs while minimizing carrying costs and allocating resources optimally, minimizing waste and ensuring the availability of necessary items for uninterrupted operations. Create and maintain dashboards with weekly performance indicators to inform and influence management. Facilitate communication and collaboration across departments to ensure operational goals are met.
Risk Management: identify potential threats and develop strategies to mitigate them, ensuring smooth operation and financial stability. Forecasting, evaluating, and responding to risks in a way that minimizes impact while finding opportunities for improvement.
Financial Forecasting: Precision in predicting future revenues, expenses, and resource needs to maintain the organization’s financial health and operational efficiency. Proactively manage budget allocations and mitigate financial risks through informed strategic planning and decision-making.
Pricing and Cost Determination: Oversee the price board process, ensuring accurate and timely pricing aligned with business objectives and market conditions. Support Commercial and FP&A teams to perform comparative price and margin analysis to successfully secure the business at optimal margins.
Financial Reporting: Prepare plant-level financial reports and analyse cost data to identify trends and improvement opportunities. Ensure plant leadership has complete visibility and understanding of performance and specific actions plans to drive results. Present financial information in a way that resonates with both technical and non-technical audiences to drive business action
Operational Support: Collaborate with plant managers and operations teams to develop strategies for cost control, process improvements, and efficiency gains. Be the business partner to think outside the four walls to what is possible for the operations in driving profitability. Lead special projects aimed at operational innovation, such as implementing new technology or systems to enhance productivity.
Leadership and Team Development: Provide direction, mentorship, and development opportunities for the plant-based cost accounting team. Set clear goals and objectives and ensure they are engaged with each leadership and have a full understanding of the operations.
Budgeting and Forecasting: Support the development of plant budgets, forecasts, and operational performance metrics. Ensure year-over-year improvements set a new bar for standard performance.
Collaborate with production and supporting departments to ensure the food safety and quality of our products.
Perform other duties as assigned.
Education: Bachelor’s degree in appropriate discipline required; master’s degree or CPA preferred.
Experience: 10 years of experience in manufacturing accounting and systems, with a focus on cost accounting and financial reporting. Experience managing a team within a multi-site food manufacturing environment. Experience with ERP systems; Oracle preferred.
Competencies: Business Acumen, Financial Analysis, Financial Modeling, Financial Forecasting, Financial Reporting, Internal Controls, Budget Development, Cost Accounting, Variance Analysis, Margin Analysis, Operational Metrics, ERP Structure, Process Improvement, Operational Efficiency, Cost Control, Strategic Planning, Leadership, Mentorship, Team Development, Strong Communication Skills, Analytical skills, Problem Solving and Operational Excellence.
Physical Requirements: Requires prolonged sitting and use of computer.
Welcome to Baxters North America (BNA). Headquartered in Cincinnati, Ohio, BNA is a leading supplier of convenient shelf-stable foods and military rations servicing the U.S. government and large Consumer Product Goods companies. Our products are co-manufactured under leading brands sold in retail and foodservice outlets throughout the United States. Baxters North America is now coast to coast and is ready for any challenge.
At Baxters, we understand the nuances of satisfying customer — taste enjoyment is key — and have, for generations, delivered winning formulations around the globe. Food that serves you well.
Baxters Food Group Limited, also known as Baxters of Speyside or Baxters, is a food processing company, based in Fochabers, Scotland, acquired Wornick Foods (2014) and Truitt Bros. (2020).
Offices: 4700 Creek Rd, Cincinnati, OH 45242, US · 10825 Kenwood Rd, Cincinnati, OH 45242, US · 2742 N US Highway 25, East Bernstadt, Kentucky 40729, US · 1105 Front St NE, Salem, Oregon 97301, US · 556 Murlark Ave NW, #500, Salem, Oregon 97304, US
LogisticsFood and BeverageProduct DesignManufacturing
How many Finance & Accounting jobs are open in Cincinnati, OH right now?
There are currently 1,157 open finance & accounting positions in Cincinnati, OH listed on Clera. New openings are added daily as companies post roles.
Which companies are hiring for Finance & Accounting roles in Cincinnati, OH?
Companies currently hiring include Fifth Third Bank, Western & Southern Financial Group, U.S. Bank, Great American Insurance Group, Worldpay, among others. Browse the listings above to see every active employer.
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