Job Description:

The Product Development (PD) Commercial Project Finance Manager will be responsible for developing and enhancing Project level variance reporting and analysis along with resource utilization and efficiency metrics. This role will be expected to constantly improve the product development reporting processes while also supporting the Sr Manager - Commercial Finance with forecasting and reporting of the Global Product Development (GPD) organization while maintaining responsibility for inventory controls at our Austin, TX facility.

KEY RESPONSIBILITIES

Perform monthly project level variance analysis of results and forecast vs. original business case, recent estimate, and annual operating plan. Variance analysis includes suggested improvements to improve outcomes

Define and report on PD resource utilization and efficiency measurements

Provide month end support to Accounting for revenue recognition, completeness of reported labor hours, material costs incurred, and customer invoicing based on project milestones

Prepare Global Product Development (GPD) monthly operating review presentations which includes but not limited to performance analysis, monthly forecast of PandL and inventory, headcount and spend across multiple sites and departments

Assist the Commercial Finance Manager in developing PD funnel reporting, profitability, analysis, and life-cycle performance to plans

Drive continuous improvement of systems (Epicor PM, Domo, Workfront) and processes to yield better data visibility of project spend, labor, sales, etc.

Initiate and generate regular financial reporting for stakeholders, providing insights into project expenditures and financial health of projects

Work closely with cross-functional teams to align financial strategies with project objectives

Participate in stage gate meetings to understand the status of projects

Establish Key Performance Indicators (KPIs) and determine triggers for project reviews, re-scoping, and customer interaction

Use data aggregation software to quickly assemble reports for projects

Review expenses and work with project managers and purchasing organizations to regularly monitor project performance against KPIs

On a weekly basis, review the status of projects in order to forecast invoicing of the customer and subsequently the revenue forecast for the week/month/year

Shepherd capital appropriation requests (CARs) through company approval process for GPD organization, including business case justification, DCF modeling, and cost modeling as required.

Manage application of site inventory control policy ensuring adequacy of controls, cycle counts, and valuation

Conduct cost-benefit analysis to evaluate the financial viability of proposed scope changes or improvements in the project against the revenues and margins generated

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Confluent Medical Technologies

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