IDEX Finance Operations Manager in Rochester, New York
If you’re looking for a special place to build or grow your career, you’ve found it. Whether you’re an experienced professional, a recent college graduate or somewhere in between, IDEX is a place where you can apply your existing skills and learn new ones in an environment where you can make an impact.
With interesting opportunities in engineering, marketing, sales, supply chain, operations, HR, finance, and more across more than 40 diverse businesses (https://www.idexcorp.com/our-businesses/business-segments/) around the globe, chances are, we have something special for you.
The Finance Operations Manager will work closely with the Director of Ops & Site Leader across both sites (Rochester NY and Punta Gorda FL) to develop and implement business strategies, objectives, and operating plans to improve productivity and gross. This position will be integral part of the ops team, partnering with supply chain, sourcing, site, and process improvements leaders to track and manage operational KPI’s driving financial results as the analytical partner to Director of Ops and Site Leader. This position will own the Cost Accounting function. The position will manage ongoing financial accounting, cost accounting planning, forecasting, and analysis including inventory and standard/gross margin and will coach and develop 1 staff accountant that supports AP and basic balance sheet reconciliation.
Own all inventory and COGS month end close responsibilities including journal entries and account reconciliations
Develop and maintain standard cost process including but not limited to routings, yearly standard cost roll, daily standard cost roll, absorption hours, full absorption calculation, PPV analysis
Own EOZ reporting and drive reduction and sustainment across both sites including ad-hoc analysis (EOZ by product line, Interim EOZ)
Own daily/weekly/monthly material and ops metrics variances including DMI, Cost Productivity (OpEx tracker) and inventory valuation partnering with Ops team to drive inventory turn improvement
Own and lead Annual Physical Inventory at both sites including cycle counting reporting
Monthly review of SOX related controls to ensure operational efficiency
Sustain and improve robust internal control framework and ensures compliance to SOX internal controls for financial reporting
Assisting and developing the AOP and monthly rolling forecast with analysis of actual month end results in COGS areas of the P&L
Business Partnership & Leadership
Lead, mentor and develop staff accountant
Partner with Ops Director and Site Leader – part finance team and part operations team to provide regular review of supply chain owned Balance Sheet accounts
Lead the month-end and quarter-end OpEX funnel and purchase price variance reporting process with the ability to communicate the findings and action items clearly to the Sourcing/Procurement and Operations teams.
Apply a continuous improvement approach with the ability to adopt outside/in thinking that supports operational and financial strategies identifying and recommending continuous improvement projects
Deliver finance initiated cross-functional projects and act as a liaison between Operations and IT on projects
Lead critical operation initiatives to improve operations profitability and achieve/outperform AOP goals
Provide strategic financial partnership and direction to the operations team optimizing profit margins for both sites including layout efficiency, 8020 complexity reduction, sourcing, productivity, burden cost management, inventory risk management and CAPEX optimization.
Successfully partner and align with all other functions including SIOP management
Monitors, analyzes, & researches sourcing savings opportunities
Deliver high quality of ad hoc analysis
Knowledge, Skills, and Abilities
- Bachelor’s Degree in Accounting or Finance
5+ years of progressive accounting/finance experience in a manufacturing environment
Cost accounting and experience in a manufacturing environment highly desirable
Strong Balance Sheet and Income Statement comprehension
Strong foundation in Cost Accounting including understanding of standard cost in a manufacturing environment with experience establishing material, labor, and burden standard costs
Strong Standard Cost Accounting background with ERP experience
Strong working knowledge of Generally Accepted Principles (GAAP) and the ability to research and apply accounting pronouncements as appropriate
Experience in a matrix environment
Experience in preparing, analyzing, and implementing accounting and reporting requirements.
Experience with PC and ERP system usage – JDE and OneStream preferred
Proficient computer and technological skills, including high proficiency in OneStream and Microsoft Office Applications preferred
Superior verbal and written communication skills
Strong business acumen and analytical skills
Proven operations literacy
Ability to develop self and team
Strong Controllership focus
Ability to work with complex spreadsheets
Works effectively in a team environment, within and outside of the Finance Department.
Consistently operates at the highest level of integrity and is never willing to compromise with regards to ethical standards.
Ability to build relationships at all levels within the organization.
Ability to organize multiple responsibilities and deliver results in an accurate and timely manner while adapting to changes in priorities.
Detail and process oriented.
Ability to manage multiple projects and meet deadlines under pressure.
Self-starter with a strong sense of urgency and follow up skills.
Maintains the professionalism of the Finance Department.
Physical Environment and Environmental Factors
Regularly works in an office setting
Travel to Punta Gorda FL on a quarterly basis is required once COVID restrictions have been lifted
Frequently required to stand, sit, talk, and hear
Must be able to work in front of a computer for a large portion of the day
May occasionally lift to 20lbs
Are you ready to join a different kind of company where our people, our culture, and our commitments are centered around providing trusted solutions that improve lives around the world?
IDEX is an Equal Opportunity Employer and Affirmative Action Employer. IDEX gives consideration for employment to qualified applicants without regard to race, color, religion, creed, genetic information, sex, sexual orientation, gender identity or expression, marital status, age, national origin, disability, protected veteran status, or any other consideration or protected category made unlawful by federal, state or local laws (Minorities/Females/Protected Veterans/Disabled).
Business Unit: Pulsafeeder SPO
Job Segment: FMT Fluid & Metering Technologies