Finance Manager

BorgWarner Inc. • Ithaca, NY • 1d ago

Position Summary

Position is responsible for leading a team of employees, either directly or indirectly. Position is responsible for training and developing others. Incumbent will generally understand business item usage (budgets, ROI, margins, markets, customers, competitors, business forecasts, legal items, etc.) for RU/BU. Interprets and implements objectives and assigns specific actions applying to immediate area. Position works within management direction. Position can also be a manager of processes and projects without direct reports. Economic Value co-champion with operational lead.

The position is responsible for the day to day quoting, costing, and analysis activities within the Finance Department. Provides exposure to all aspects of the business including financial performance measurement, cost reduction initiatives, and strategic planning. This individual will contribute to the development and implementation of site safety and health goals, objectives, rules and procedures. He/she will actively participate in the Global Star Safety Framework (GSSF) program, as well as, follow all EHS rules, procedures and policies.

Key Roles & Responsibilities

To perform this job successfully, an individual must have the ability to be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Standard Duties :

Analyze individual product lines for contribution margin/profitability improvement opportunities.

Standard Costing and New Business Quoting

Oversee all fixed asset accounting and provides significant support of the monthly close and forecast processes, as well as the annual budgeting cycle.

Communicate product line financial performance to product line leaders/plant management and assist in driving improvements.

Work with purchasing, manufacturing engineering, and product line leaders to understand manufacturing processes and associated costs.

Use all means available to support the Plant's mission for consistent improvement in quality, cost, delivery, and service through consistent participation in cross-functional teams, financial analysis, and communication.

Apply financial modeling software to aid in the financial analysis of new business investments. Analysis will include utilizing a variety of resource allocation tools such as Discounted Cash Flow, Economic Value, and Net Present Value.

Insure all Corporate, Division, and Plant policies and procedures are communicated and followed.

Assist the Controller with preparation of annual operating budget, monthly financial forecasts, and period end reporting of actual results.

Product Line Profitability Analysis

Utilize financial modeling tools to assess new investment opportunities

Assist with monthly forecasts, annual budgets, and financial reporting

Design and Implement Financial Operating Procedures

Additional Information:

Travel is occasionally required, up to 5% of the time.

Safety and Physical Requirements:

All employees are responsible for knowing, understanding and complying with the safety policies and procedures.

Wear PPE when appropriate in designated campus areas.

Lifting shoulder high up to 35 lbs. on occasion.

Key Competencies

Functional/Technical Skills

Dealing with Ambiguity

Decision Quality

Ethics and Values

Problem Solving

Drive for Results

Learning on the Fly

Creativity

Customer Focus

Process Management

Education & Experience

Bachelor's Degree required preferably in Accounting or Finance, MBA preferred

CPA or CMA preferred

Manufacturing accounting experience

10+ years manufacturing experience

Prior experience with SAP and/or HFM/Hyperion

Salary Range:

$125,600 - $172,700

Internal Use Only: Salary

Global Terms of Use and Privacy Statement

Carefully read the BorgWarner Privacy Policy before using this website. Your ability to access and use this website and apply for a job at BorgWarner are conditioned on your acceptance and compliance with these terms.

Please access the linked document by clicking here (https://www.borgwarner.com/legal/privacy-policy-for-online-applications) , select the geographical area where you are applying for employment, and review. Before submitting your application you will be asked to confirm your agreement with the terms.

Career Scam Disclaimer: BorgWarner makes no representations or guarantees regarding employment opportunities listed on any third-party website. To protect against career scams, job applicants should take the necessary precautions when interviewing for and accepting employment positions allegedly offered by BorgWarner. Applicants should never provide their national ID numbers, birth dates, credit card numbers, bank account information or other private information when communicating with prospective employers or responding to employment opportunities online. Job applicants are invited to contact BorgWarner through BorgWarner's website to verify the authenticity of any employment opportunities.

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