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Finance Manager Haverhill MA

Company: Magellan Aerospace
Location: Haverhill
Posted on: May 14, 2022

Job Description:

Position Summary Magellan Aerospace, Haverhill has an exciting opportunity for a Finance Manager. In this role the successful incumbent will plan, organize, manage, and control the accounting and control function of the division, reports operational results, and provide chronological systems. The end result to work towards will be providing accurate profit planning, sales forecasts, expense budgets, accounts receivable, cost standards and saving opportunities, and capital investing, together with the necessary controls and procedures to effectuate the plan.Perks and Benefits Magellan Aerospace, Haverhill offers excellent career opportunities, competitive salary, health and pension benefits packages. Starting salary will be based on experience and qualifications.Essential Responsibilities

  • Coordinate and administer an adequate plan for the control of operations
  • Compare performance with operating plans and standards.
  • Provide reports and interpret the results of operations to all levels of management, including the formulation of accounting policies, the preparation of financial statements and operating data, the coordination of systems and procedures, and special reports as required.
  • Forecast short-range and long-range cash requirements and obligations, as a basis for maintaining adequate funds.
  • Assure protection for the assets of the business through internal control, internal auditing, and ensuring proper insurance coverage.
  • Monitor credit and collection applications. Approve terms above a predetermined dollar amount.
  • Assist Programs in establishing and maintaining product pricing policies.
  • Provide other company units with related information required by them to carry out their assigned responsibilities.
  • Establish and implement a sound operational and organizational plan in direct support of the business plan.
  • Keep the Division Manager informed of the division's performance and provides advice on all financial matters.
  • Execute cash disbursements for payment of corporate and divisional expenditures in accordance with disbursement and policies.
  • Monitor inventory levels and advises management regarding variances to budget.
  • Develop and recommend budget. Authorize expenditures in accordance with budget.
  • Develop short- and long-range operating objectives, organizational structure, and staffing requirements.
  • Assure that the duties, responsibilities, and authority of each job are clearly defined, effective, and communicated to incumbents.
  • Assure that management training and development needs are identified and programs initiated.
  • Develop an adequate plan for backup and succession of management and other key personnel.
  • Monitor performance of direct reports. Provide prompt and objective coaching and counseling.
  • Review direct reports and approves performance appraisals initiated by direct reports.
  • Ensure that an MBO-based performance appraisal system is administered effectively.
  • Consult with all segments of management responsible for policy or action. Make recommendations for improving the effectiveness of policy or practices.
  • Ensure optimum performance of the function. Recommend and implement techniques to improve productivity, increase efficiencies, cut costs, take advantage of opportunities, and maintain state-of-the-art practices.
  • Keep abreast of current trends and practices in field of expertise. Assume other special activities and responsibilities from time to time as directed.Position Requirements
    • Degree in Accounting or Finance
    • A minimum of 8 years' experience ideally gained through increasingly responsible management positions within Finance
    • A minimum of 2 years' recent experience as a Controller with responsibility for accounts, budgeting, cost accounting, credit and collections, and finance. Preferably annual sales of $25 million to $40 million
    • Possess affiliations with successful manufacturing companies.
    • Knowledge of manual and automated accounting systems, well-developed financial analysis capabilities, and demonstrated ability to manage microcomputer operations and applications
    • Sound administrative skills.
    • Well-developed management skills-principles and people.
    • Superior numeric skills.
    • Satisfactory communication skills, written and verbal.
    • Well-developed interpersonal skills
    • Proven ability to recruit, train, and motivate personnel in order to balance staffing strength with profitability.
    • Strong analytical and reasoning abilities.
    • Results- and profit-oriented with the ability to balance other business considerations
    • Excellent organization skillsCOVID-19 Protocol: Magellan Aerospace is committed to providing a safe and healthy work environment for our employees. Magellan's policy states that the use of face masks is mandatory, this is consistent with applicable legislation and guidance from occupational health and safety regulators. All employees and visitors who enter our premises are screened for COVID-19 symptoms and are required to practice social distancing at all times. We have ensured that hand-sanitize stations are easily accessible and enhanced cleaning schedules have been implemented on a daily basis. Magellan supports public health guidelines and encourages employees to get vaccinated. Although mandates are not a requirement at Magellan, this may be subject to change and offers of employment may be contingent on vaccination status with respect to changes in legislation.InclusivenessMagellan Aerospace is an Equal Opportunity/Affirmative Action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by applicable federal, state, or local law.

Keywords: Magellan Aerospace, Haverhill , Finance Manager Haverhill MA, Accounting, Auditing , Haverhill, Massachusetts

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