Plant FP&A Manager
Job Summary - a concise overview of the job
The Plant FP&A Manager leads the consolidation and reporting around site performances including HC, batches, operational expenses, absorption, etc. Includes reporting on actual results, forecasting, developing annual budgets and providing analytics explaining variances. This includes providing financial support and leadership to Finance and Operations leaders, playing a key role in establishing and achieving financial objectives and formulating and executing Operations strategies. This role is responsible for implementing and maintaining reporting procedures, support monthly reporting requirements, quarterly LBE process, QBR reporting, and annual budget process.
Work with IT and the Associate Operations Finance Director to automate required reporting schedules. Support other departmental requirements. Work with business functions to identify cost managing opportunities
All incumbents are responsible for following applicable Division & Company policies and procedures.
Scope of Authority - span of control (work unit, site, department, division, etc.), monetary value of budget/spend authority ( capital, operating, etc.), P&L responsibility, etc.
Chestnut Ridge, Rochester, Irvine, Horsham, Cranbury, and Rye
Key Accountabilities - key outcomes/deliverables, the major responsibilities, and % of time
% of Time
Budgeting, Costing, Reporting, and Forecasting
§ Prepare financial models and analysis to support management decision-making.
§ Lead and execute the annual budgeting and ongoing forecasting process for Supply Chain groups (Manufacturing and Quality) by partnering with the appropriate department and functional leaders. Prepare and participate in the presentation of the plant budget to leadership.
§ Perform, review and oversee plant-level financial and operational reporting; financial statements, variances analysis, budgets and forecasts.
§ Assist in the implementation of activities against which performance is tracked and measured.
§ AdHoc analysis
§ Monitor compliance with internal controls/SOX processes and consults with internal and external auditors.
Process Development & Implementation
§ Collaborate with other manufacturing departments on the development and implementation of new applications or modifications of the inventory, general ledger, cost centers, and/or cost accounting systems to assure that the integrity of the financial records are maintained and improvements are recognized and implemented.
Leadership & Counseling
§ Build relationships to develop and enhance collaboration with business leaders.
§ Establishes and maintains effective cross functional relationships and participates on cross-functional project teams providing financial support and analysis.
§ Provide direction and leadership for continuous improvement programs.
§ Foster a culture of continuous improvement and accountability via implementation of relevant operational metrics.
§ Provide counsel and recommendations to all plant functions for decision-making relative to inventory processing, physical counting and inventory control procedures.
Education & Experience
Minimal acceptable level of education, work experience and certifications required for the job
§ Bachelor Degree in Business Administration or Finance.
§ Advanced degree/MBA/CPA/CMA a plus.
§ Minimum of 10 years work experience with a thorough knowledge of generally accepted accounting principles, planning, general accounting, cost accounting, budgets, fixed assets, payroll, accounts payable, manufacturing resource planning, and internal accounting control.
§ Advanced ERP skills preferred. JDE and Hyperion experience a plus.
§ Experience in pharmaceutical or similarly regulated industry a plus.
Proficiency in a body of information required for the job
e.g. knowledge of FDA regulations, GMP/GLP/GCP, Lean Manufacturing, Six-Sigma, etc.
§ Sound working knowledge of GAAP, Sarbanes Oxley and local statutory requirements.
§ Knowledge & understanding of Corp, region/division and plant reporting policies.
Often referred to as “competencies”, leadership attributes, skills, abilities or behaviors that may be enterprise, functional or job specific e.g. coaching, negotiation, calibration, technical writing etc.
§ Ability to communicate orally and in writing with all levels of management.
§ Analytical - Synthesizes complex or diverse information; Collects and researches data; Uses intuition and experience to complement data; Designs work flows and procedures.
§ Visionary Leadership - Displays passion and optimism; Inspires respect and trust; mobilizes others to fulfill the vision; Provides vision and inspiration to peers and subordinates.
§ Change Management - Develops workable implementation plans; Communicates changes effectively; Builds commitment and overcomes resistance; Prepares and supports those affected by change; Monitors transition and evaluates results.
§ Managing People - Includes staff in planning, decision-making, facilitating and process improvement; Takes responsibility for subordinates' activities; Makes oneself available to staff; Provides regular performance feedback; Develops subordinates' skills and encourages growth; Solicits and applies customer feedback (internal and external); Fosters quality focus in others; Improves processes, products and services.; Continually works to improve supervisory skills.
§ Cost Consciousness - Works within approved budget; Develops and implements cost saving measures; Contributes to profits and revenue; Conserves organizational resources.
§ Strategic Thinking - Develops strategies to achieve organizational goals; Understands organization's strengths & weaknesses; Analyzes market and competition; Identifies external threats and opportunities; Adapts strategy to changing conditions.
§ Judgment - Displays willingness to make decisions; Exhibits sound and accurate judgment; Supports and explains reasoning for decisions; Includes appropriate people in decision-making process; Makes timely decisions.
§ Motivation - Sets and achieves challenging goals; Demonstrates persistence and overcomes obstacles; Measures self against standard of excellence; Takes calculated risks to accomplish goals.
§ Quantity - Meets productivity standards; Completes work in timely manner; Strives to increase productivity; Works quickly.
§ Adaptability - Adapts to changes in the work environment; Manages competing demands; Changes approach or method to best fit the situation; Able to deal with frequent change, delays, or unexpected events.
§ Initiative - Volunteers readily; Undertakes self-development activities; Seeks increased responsibilities; Takes independent actions and calculated risks; Looks for and takes advantage of opportunities; Asks for and offers help when needed.
§ Innovation - Displays original thinking and creativity; Meets challenges with resourcefulness; Generates suggestions for improving work; Develops innovative approaches and ideas; Presents ideas and information in a manner that gets others' attention.
Physical & mental requirements e.g. lift 40 pounds, walk across plant/warehouse, business travel (% of time), driving as part of work responsibilities, etc.
§ General office environment.
Disclaimer: The above statements are intended to describe the general nature and level of work performed by employees assigned to this job. They are not intended to be an exhaustive list of all duties, responsibilities, and qualifications. Management reserves the right to change or modify such duties as required.