John Cockerill Salem , OR 97301
Posted 2 weeks ago
Position Description
I-Nature and Scope:
Supports FP&A and decision making for JOHN COCKERILL Group's Industrial business in North America. To do this, uses and organizes appropriate means necessary to achieve the department's objectives with a strong client - supplier relationship slant. Controls and guarantees the quality of the financial information provided. The function is transversal to the Sectors and requires general and specialized knowledge in the areas of competence.
II-Key Responsibilities
A-Monthly Reporting, Financial Statements/Audit
Support CEO and the business in the decision making process by providing accurate data.
Business partnering with general managers to develop financial plans, provides financial analysis and insights to support decision-making.
Customer relationship with Business Unit/Sector Finance Director and point of contact with corporate finance team.
Plays an active role in the development and implementation of growth strategy and the establishment of finance structure to support business growth in line with the objectives of the company.
Assist the leadership team in the budgeting, business planning and forecasting. (I think you already mentioned it)
Develop a high-performance finance team and strong succession plan to ensure high performance, accuracy in financial reporting and continuous improvement.
Accurate and timely financial reporting
Prepare journal entries on a monthly basis
Prepare accurate and timely reports on monthly cash inflow and outflow
Calculate and analyze the percentage of completion on projects in accordance with group rules
Determine and prepare necessary adjustments to financial statements to be in accordance with IFRS per group finance rules
B-Financial Planning and Analysis
Accurate 15 month rolling forecast of financial results
Accurate 15 month rolling forecast of cash flow
Develop annual budget working with cost center managers on cost center budgets
Review financial reports and budgets with management
C-Decision support: Project cost accounting and project control
Cost accounting:
Forecasts/Project Cost Controlling:
Update projects and review costs and timekeeping for accuracy
Work with project managers on contract review reports
Hedging of Foreign Exchange:
Determine (by working with project managers) the need for foreign currencies for purchases
Work with banks and group to establish hedge contracts for purchase/sale of currency other than USD and Monitors hedge contracts as appropriate
D-Working Capital management & Fixed Assets
Accounts Receivable
Work with project managers in order to issue customer invoices
Review accounts receivable aging reports and provide past-due reports to the appropriate personnel
Work with other personnel (Global Services, sales, project managers) and customers to resolve and collect past due receivables
Accounts Payable
Support Process/input into SAP purchase order and non-purchase order invoices, as needed
Resolve invoicing differences with other departments and obtain necessary approvals
Coordinate vendor payments with the purchasing manager
Process and record payments (EFT and checks) vendors
Initiate wire transfer payments
Review vendor statements and investigate discrepancies
Intercompany
Fixed Assets
Run depreciation in SAP and review for accuracy
Analyze and properly record leases as operating or financing (capital)
Monitor capital leases - depreciation, disposal, capitalization or expense
Review maintenance expenditures for proper reporting, capitalization or expense
Properly record asset disposals
John Cockerill