Moen Incorporated Manager, Financial Reporting & Analysis in Oakville, Ontario
Manage A/R, banking/expense reporting and senior financial analyst positions in the Finance Department. Manage the forecast and budget processes, Ensure that all reporting and analysis requirements are fulfilled for the business. Manage the development, oversight and administration of all customer programs. Manage the development and administration of sales bonuses and targets. Ensure all Canadian new product development projects receive financial support either in-person or through direct reports. Contribute to month end, year end and audit preparations. Ensure optimal development of SAP and conduct periodic testing. Ensure corporate DSO levels are maintained. Act as financial representative for all Canadian new product development projects. Provide training, participate in process improvement teams and complete all special projects as required.
Manage senior financial analyst to ensure that performance reporting, forecasting, budgeting, bonus administration services are adequately provided.
Manage A/R associate to ensure compliance with company DSO targets.
Manage accounting associate to maintain integrity of banking, expense reporting, and other financial information provided to customers.
Provide the leadership, mentoring, and coaching necessary to ensure continued progression and development.
Financial / Business Analysis
Complete all special requests such as pricing analyses, feasibility of new business opportunities, assisting sales associates with ad hoc customer requests, direct involvement with customers to resolve issues, etc.
Develop and administer annual sales team bonuses based on targets and stretch targets. Communicate results to sales associates and Vice Presidents.
Participate in teams and provide financial perspective/support as required i.e. New Product Development teams
Ad hoc assignments and analysis as required.
Budgeting / Forecasting
Develop annual business plan and monthly forecasts by working with Planning, Marketing and Sales Departments.
Develop and monitor annual expense budgets with each department head.
Preparation of various accruals, journal entries, reconciliations, and analysis to maintain integrity of financial statements.
Ensure reserves are in line with financial obligations. Prepare for annual year-end close and ensure all procedures comply with corporate audit guidelines.
Ensure compliance with Sarbanes Oxley as well as other corporate directives.
Manage the preparation and distribution of all monthly financial reports and scorecards.
Investigate and provide commentary on all variances related to financial performance.
Provide external customers with sales reporting especially all buying groups.
Liaise closely with Moen U.S. finance to maintain the integrity of the financial statements, ensure reporting deadlines are met and ongoing development of reporting tools.
Develop, manage and administer all payouts of customer programs.
Develop, calculate, pay, and reconcile volume rebate and co-op advertising programs.
Analyze all builder and plumber rebates to ensure reserves are sufficient.
Work with buying groups and customers on program related deductions.
Monitor and communicate results closely towards the end of each year.
Explore new finance capabilities within SAP and communicate to others in the department.
Work with SAP Team in order to improve configuration and functionality.
Work with Moen U.S. during periodic Hotpack upgrades to mitigate upgrade risks in Canada.
Ensure all reporting hierarchies are maintained in order to feed financials accurately.
Train and assist associates on reporting tools such as Business Explorer.
Communicate all reporting changes to all users.
Degree in Accounting or Finance, accompanied by an Accounting designation
Minimum 10 - 12 years of progressive accounting experience in a fast-paced organization, preferably within the CPG industry
Team player with demonstrated personal leadership capabilities
Evidence of operational analysis
Self-starter who is highly analytical and detail oriented
Advanced working knowledge with Excel, Word and PowerPoint
Strong systems knowledge (ERP/SAP, consolidation and budgeting and data mining)
Exposure to Business Explorer
Excellent verbal and written communication skills including meeting facilitation and the ability to present to higher management
Ability to travel to the U.S. on a limited basis