Kaman Corporation Foothill Ranch , CA 92610
Posted 2 months ago
Overview
Reporting to the Vice President & General Manager, the Director, Operations Finance oversees the Operations Finance Group including the organization, development, and administration of operational analysis, product costing, standard cost & inventory accounting systems, internal financial controls and procedures that conform to generally accepted accounting principles. Supervise and develop cost accounting staff. Prepare timely and comprehensive reports including periodic financial statements and analysis of financial data. Proactively and effectively interact and communicate with Management Team and other departments.
Operating as an independent division of the Bloomfield, CT-based Kaman Corporation, Bal Seal Engineering is "a Kaman company." This structure allows us to remain agile and entrepreneurial as we leverage our parent company's scale, resources, and complementary capabilities. We're proud to be part of Kaman, a company with a past so similar to our own, and a commitment to positively shaping the future.
For information regarding benefit offerings, please visit our site here: https://kaman.com/contact/careers/employee-benefits/
Essential Duties and Responsibilities
Provides leadership, supervision and guidance for finance staff which includes cost accounting, product cost reporting and analysis, operational & financial analysis, inventory accounting, planning and budgeting
Oversee all aspects of cost accounting including financial reporting, improving and maintaining standard costing system and strengthening internal financial controls and information systems
Prepare analysis of capital expenditure requirements based on forecasted demand, capacity constraints and machine utilization assumptions
Establish cost accounting procedures and gross margins for various markets, product lines and customers
Provide financial analysis metrics to strategically evaluate company projects, programs, capital expenditures, product costs, where necessary
Mentor, evaluate and develop staff and encourage continuing education and specific skills training for the Finance Team
Partner with Operations in preparation of the annual budget for Cost of Goods Sold (Direct Labor, Material Cost, Overhead and other costs), Operating Expenses and Capital Expenditure Requirements in addition to overhead absorption rates, allocations and other assumptions
Prepare and ensure accuracy of month-end GL account reconciliation and post month-end, closing journal entries and preparing financial statements and all related supplemental accounting reports
Establish, maintain, and coordinate the implementation of cost accounting and accounting control procedures
Monitor, review, and improve accounting related systems and reports for accuracy, effectiveness, internal controls, and completeness
In collaboration with the Vice President & General Manager, prepare and review financial portion of the 5-Year Strategic Plan, Annual Operating Plan (AOP) and department budgets
Analyze revenue and expenditure trends and recommend appropriate budget levels, and ensure expenditure control for cash flow purposes
Recommend, develop and maintain financial data bases, computer software systems and eliminate manual filing systems
Supervise the input and maintenance of financial data and reports for the company's automated financial systems
Interact with department managers on an ongoing basis regarding their budgets and variance analysis
Provide accounting policy guidance and direction for organization
Perform other related duties as assigned
Qualifications
Education:
Bachelor's degree in Accounting or Finance, or equivalent experience
Master's degree in Accounting or MBA preferred; CPA or CMA a plus
Experience:
Minimum 10 years of experience within a manufacturing environment with at least 5 years of experience as Controller, Director Financial Planning & Analysis or Plant Controller
Hands on operational experience within a manufacturing environment is highly preferred
Knowledge, Skills and Abilities:
Excellent knowledge of Generally Accepted Accounting Principles (GAAP)
In-depth knowledge of general accounting principles with significant focus on financial reporting & analysis and cost accounting
Strong understanding of Cost/Management Accounting Principles
Excellent verbal and written communication skills
Strong drive, initiative and work ethic
Excellent organizational skills and attention to detail
Strong critical thinking, analytic and problem-solving skills
Previous experience in budgeting and planning for a multi-site manufacturing company
Advanced large-scale tier 1 ERP/MRP skills & experience
Experience with end of month system processes
Advanced Excel skills and thorough understanding of other MS Office products
Initiative to work both independently and within a team setting
Ability to work well under pressure and adapt to rapidly changing priorities
Ability to occasionally work after hours and weekends to support month end and yearend closing activities and the annual audit
Ability to occasionally travel to other company facilities
Salary range for this position is $175k-190k per year.
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Kaman Corporation