Plant Finance Manager at Steel Partners

Pleasant Prairie, Wisconsin, United States -

Full Time

Start Date

Immediate

Expiry Date

27 May, 26

Salary

0.0

Posted On

26 Feb, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Cost Accounting, Financial Reporting, Variance Analysis, Budgeting, Forecasting, Margin Analysis, Pricing Reviews, Cost Accounting Activities, Financial Closing, Account Reconciliations, Internal Control Procedures, SOX Requirements, Physical Inventory, Capital Investments, GAAP, Staff Management

Industry

Financial Services

Description

Every day, MTI Motion associates around the world set the future in motion by solving our customers’ most vexing motion-control challenges. Serving various industries including commercial aerospace, defense, oil and gas, and transportation, MTI Motion designs and manufactures an innovative portfolio of custom, precision motion-control products and solutions, including high-performance motors, drives and controllers, as well as windings, gears and ball screws. We’re committed to promoting a collaborative team environment that focuses on accountability, honesty, and integrity to ensure customer satisfaction. We take pride in the work we perform and are committed to continuous improvement. In addition to offering a competitive benefits package, we strive to offer our employees opportunities to achieve career advancement. MTI Motion is a wholly owned operating company within the Steel Partners (NYSE: SPLP) family of companies and is headquartered in Pleasant Prairie, WI, with facilities worldwide. POSITION OVERVIEW: This position will report to the Chief Financial Officer and will be the financial lead on the Aerospace and Defense Ballscrew business. The role will work closely with leadership team in achieving financial and operational plan objectives, enhancing the controls environment, improving processes and reporting solutions, and supporting strategic business case development. ESSENTIAL JOB FUNCTIONS: * Lead annual budget and forecast process for the segment, supporting the Ballscrew Business Unit Manager and the Muskego Plant Manager to manage the business. * Provide financial leadership, advice, and improvements as a key leader in the management of the Business Unit operations. * Develops assessments and business analysis to identify areas to improve business performance. * Responsible for cost, margin, pricing reviews and decisions within the Business Unit. * Develop and maintain labor and burden rates to ensure proper financial presentation in an actual cost environment * Assists and performs various critical cost accounting activities to ensure the ongoing accuracy of product cost information. Perform variance analysis and identify improvement opportunities. * Prepare, lead review monthly closing activities as well as financial reporting for both internal management team and corporate. Review monthly/quarterly account reconciliations (as required) and financial statements. * Lead monthly review on critical business metrics and lead cross functional team to develop and monitor both short-term and long-term action items. * Monitors business processes for compliance with internal control procedures and SOX Requirements. * Lead and manage annual physical inventory; customer and/or government CAS audits. * Make the appropriate recommendations and financial return projections for capital investments and decisions. Qualifications REQUIREMENTS AND PREFERRED EXPERIENCE: * Must have cost accounting experience * Bachelor’s degree required with an emphasis in Accounting or Finance; CPA preferred * 8-10 years of combined finance and accounting experience. A minimum of 3-5 years of experience as cost accountant, finance P&L lead, or manager in a standard cost manufacturing environment, with an emphasis on cost accounting, reporting and variance analysis. * Aerospace and/or defense experience is a preferred, but not required * Must have technical skills and experience in financial reporting for a publicly traded global company. * Must have ability to develop knowledge of and work directly in ERP systems to extract information and identify opportunities to leverage systems more effectively. * Experience working with Hyperion is preferred. * Experience working for a large public accounting firm is preferred. * Strong GAAP and SOX knowledge/experience * Strong written and verbal communication skills. * Proven ability to manage and develop staff. * Technical acumen, creative thinking, problem-solving and analytical skills. * Strong organizational and time management skills in a fast-paced environment. * Advanced computer skills with MS software (Excel, PowerPoint) Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice. EQUAL EMPLOYMENT OPPORTUNITY EMPLOYER MTI Motion is an equal employment opportunity (EEOC) employer such that all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, age or other legally protected status. We will ensure individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact MTI Motion to request accommodation. DIVERSITY, EQUITY & INCLUSION At MTI Motion, we are dedicated to building a diverse, inclusive and authentic workplace. If you are excited about this role but your experience does not align perfectly with every qualification in the job description, we encourage you to apply anyway. You may be just the right candidate for this or another role. Candidates must be currently eligible to work on export-controlled projects.

Responsibilities

This role serves as the financial lead for the Aerospace and Defense Ballscrew business, reporting to the Chief Financial Officer, and is responsible for achieving financial and operational plan objectives. Key functions include leading the annual budget and forecast process, providing financial leadership for business unit operations, and managing cost, margin, and pricing reviews.