Finance Manager
Company: Sugaright
Location: Fairless Hills
Posted on: November 6, 2024
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Job Description:
Description: SUMMARY:This position will work directly under the
Director of Finance to manage, audit, and streamline the Accounting
and Finance function for Sugaright, LLC, a wholly owned subsidiary
of CSC Sugar, LLC. Candidate will work within a team of five that
manages full cycle AP, AR, inventory and cost accounting, cash
management, monthly close & financial statement production, and
annual and long-term financial planning and analysis for a $700m+
revenue manufacturing business with six domestic liquid sucrose
manufacturing facilities. The ideal candidate will have 5+ years of
experience in progressively senior Finance and/or accounting roles
and a desire to join a growing team and business seeking to mature
its accounting processes and controls. This will be an in-office
role based in Sugaright's corporate headquarters in Fairless Hills,
PA. Travel may comprise up to 20% of time for this role on an as
needed basis. Primary job responsibilities include (But not limited
to):1. Fixed Assets:Maintain capital asset ledgers for all
locations (9 total). Develop and implement best practices for
recording capital transactions from Procure/Pay to
Capitalization/Depreciation.Balance Sheet reconciliation, asset
tracking/tagging, and adherence to GAAP treatment of capital
expenditures.Evaluate and reconcile current fixed asset inventory
consisting of -3,000 assets at over $40m in NBV. Updating ledgers
to capture disposals, additions, or relocations as needed.Work with
VP of Engineering, CEO & Director of Finance to analyze critical
metrics of capital projects (ROI/ROE, NPV, IRR). Develop capital
cash flow forecasts based on project schedules and PO
records.Complete post-commission financial analysis of all
significant projects.Validate financial outcomes used in project
justifications (operating cost savings, headcount reduction,
throughput increase, etc)2. AP, AR, Cash Management:Oversee and
audit current AP process from vendors.Supervise invoice receipt &
approval and coding to ensure internal policies are followed.Ensure
GL coding is consistent across sites and vendors.Oversee and audit
current AR process from order shipment to invoicing and
collection.Manage use of vendor-specific EDI invoice uploads and
early pay/supply chain finance tools for 12+ customers with
extended payment terms.Work with Sr Accountant and Treasurer to
forecast cash flow needs for $3-4m in average weekly outgoing
payments.Support implementation of new corporate card program in
compliance with IRS and Company T&E guidelines. 3. FP&A and
Other Duties:Assist in development and preparation of annual
operating budgets.Review and analyze data for accuracy, consistency
and cost saving opportunities.Review financial statements monthly
and analyze variations of actual results against budget and prior
period.Identify actionable feedback for operations leaders to
improve cost performance.Support sales function by validating
customer pricing models.Compare and contrast actual cost buildups
to sales models to reconcile any deviations from expected margin
and volume.Lead preparing responses to all external audits
including typical annual third-party audit and 3-6 ad-hoc audits
annually from lenders, insurers, and government
entities.Requirements:Bachelor's degree in finance, Accounting, or
related field.Strong Excel skills required, experience with
Microsoft Dynamics GP a plusExperience in manufacturing or
commodities industry a plusCPA/MBA/CMA not required but would plus
Public Accounting experience not required but would be a plus
Fluency in English - written and spoken required (Spanish fluency
preferred but not required).Understanding of Full Cycle AP, AR,
Inventory and Cost Accounting. Intimate familiarity of Cash
Management, Monthly close and Financial statement generation.
Comprehensive knowledge of Annual + long term Financial planning
and Analysis.Compensation details: 100000-110000 Yearly
SalaryPIcc6cfd309b96-25660-35419170
Keywords: Sugaright, Lancaster , Finance Manager, Executive , Fairless Hills, Pennsylvania
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