Overview Sr. Manager, Finance Responsibilities JOB SUMMARY Responsible for a broad range of financial activities, including reporting, budgets, financial analysis and credit. Oversee regional financial managers and lead credit function within the organization. Advise senior executive management to ensure that financial goals are achieved. MAJOR RESPONSIBILITIES.Description Credit Management Oversee region account receivable collection activities. Reviews, updates, and applies credit policy and procedures to ensure customer accounts are maintained within accepted company guidelines. Provides information relating to the credit risk of new or existing customers to determine credit terms and limits. Initiates, develops, and maintains relationships with customers, financial reporting entities, credit, and trade resources. Develops and maintains systematic process for review of all customer accounts including regular review of customer financial stability, monitoring of monthly account balances and aging, following closely any account deemed to be at-risk, and provides regular updates to upper management. Interacts with Marketing, Contracts, Program Management Organization, Order Management, and other internal departments to effectively manage collection efforts. Financial Management Oversee regional business plans and forecasts throughout all levels of the company. Interface with organizational heads on business plans and forecasts preparation & review. Ensure accurate reporting to executives. Serve as corporate financial advisor to regional management. Develop short- and long-term strategy to improve efficiencies in financial management between HQ and the regions. Participate in monthly review meetings with executive management, regional and corporate finance management. Drive HQ initiatives through regions such as month, quarter, half and annual sales, margin, and fixed expense forecasts & Business Plans. Develop, implement and monitor concepts for general management improvement across the regions e.g. cost buster activities, etc. Respond to audits as required. Work with regional finance and Purchasing/Accounts Payable departments to ensure timely payment of invoices, payroll reviews, etc. Validate and approve region payroll upon receipt to HQ. Supervisory Ensures staff is trained and equipped to complete assigned tasks. Monitors staff timekeeping, sickness, and holiday entitlement in accordance with company policies. Monitors staff performance and completes scheduled performance reviews. Assists in planning and recruiting of staff. Financial Planning & Reporting Oversee monthly collection forecasts and department budget. Represent Credit Department in relevant process improvement meetings, customer status meetings and audits as needed. Oversee monthly Profit & Loss (P&L) forecasts, Mid Term Plan updates and fixed expense and capital forecasts. Review and approve region gross margin (GM) & region P&L analysis after month- end. Roll-up and present monthly regional financial performance results to top management including the review of regional expense management controls and analysis results. Receive and follow through on any P&L Change Requests from the regions. EDUCATION/EXPERIENCE REQUIREMENTS BS/BA in Business Administration with concentration in Accounting, MBA/CPA/CMA preferred. 10+ years in financial related environment with strong theoretical background in Financial Analysis & Planning and Credit & Collections areas. 5 years staff management experience. KNOWLEDGE/SKILL REQUIREMENTS Excellent communications (written and verbal) skills with finance staff, senior management team, and customers. Ability to develop and maintain excellent working relationship with individuals at various levels and diverse backgrounds within internal company departments, overseas branches, and with customers vendors, consultants, and others as required. Ability to organize and implement department objectives. Ability to effectively manage staff of financial professionals. Highly developed team building skills. Ability to deal with complex problems and possess strong independent problem solving skills. Highly developed analytical skills; ability to apply analysis in formulating and articulating solutions. Advanced knowledge of Microsoft Word, Excel, PowerPoint, and Outlook. Strong knowledge of Oracle, Cognos planning and reporting. Receives assignments in the form of objectives and determines how to use resources to meet schedules and goals. Recommends changes to policies and establishes procedures that affect immediate organization(s). Works on issues of diverse scope where analysis of situations or data requires an evaluation of a variety of factors, including an understanding of current business trends. OTHER REQUIREMENTS Some travel (25%) required for domestic and international relationships. REQ-151520