Finance Manager manages the daily financial activities and functions for an organization including accounting, budget, credit, insurance, tax, and treasury. Ensures all financial operations are in compliance with governmental rules and regulations. Being a Finance Manager forecasts and manages a cash flow that meets the needs of the company. Provides guidance to managers in financial reporting objectives and standards to ensure accurate, compliant and useful financial reporting is produced. Additionally, Finance Manager oversees the budget process and works with managers to produce and manage effective budgets. Acts as an advisor to management on regulations and other matters that may impact the financial activities of the company, engaging with outside consultants if applicable. Requires a bachelor's degree. Typically reports to a senior manager or director. The Finance Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Finance Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)
Finance Manager
Finance Manager for Honeywell International, Inc. (El Paso, TX)
RESPONSIBILITIES:
-Support the financial landscape, speed, quality, and cost efficiency of business operations through budgeting, forecasting, financial analysis, and reporting.
-Consolidate Global Security ISC financial results, preparing month-end reporting for Security and the HBT Leadership teams, serving as liaison with HBT ISC BAP, and supporting core FP&A processes including annual operating plan, STRAP, and formal forecast.
-Develop forecasting tools to drive visibility and mitigate risks with a key focus on Volume/Mix forecasting accuracy, Standard Margin erosion, and Working Capital reduction.
-Support key business growth and commercial initiatives across Security.
-Assist HBT ISC business leaders with driving financial performance and designing and implementing financial strategies to achieve committed business performance.
-Develop integrated expense analyses, projections, reports, and presentations.
-Serve as part of a team that creates and analyzes monthly, quarterly, and annual reports to ensure financial information has been recorded accurately.
-Drive working capital improvement across the sites via robust project pipelines and execution of key activities to reduce inventory.
-Support transition projects of factories/distribution centers, handle the financials, and partner with operations to ensure execution of the project within the allocated budget and deliver savings to the organization.
-Complete annual standard costing activities of manufacturing and distribution operations.
-Manage fixed assets and annual verification process as required by company policy.
-Actively engage in inventory management to optimize inventory levels, including the review of proper physical location within facility, slow moving analysis, and quarterly inactive, obsolete surplus review.
ADDIITONAL INFORMATION:
-Job Site: El Paso, TX
-40 hours/week
-Eligible for Employee Referral Program: $1500
-If offered employment must have legal right to work in U.S. EOE
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