Finance Manager

About this role

• Overview: The Finance & Accounting Manager oversees accounting, financial reporting, budgeting, forecasting, cost accounting, internal controls, and compliance activities for an automotive manufacturing operation.
• The position serves as a key financial liaison between U.S.
• operations and corporate headquarters in Korea, ensuring timely and accurate reporting in accordance with International Financial Reporting Standards (IFRS), corporate accounting policies, and management reporting requirements.
• The manager partners with plant leadership and cross-functional teams to improve profitability, working capital, operational performance, and decision-making.
• The role will report directly to the CFO and be responsible for executing finance strategies and priorities for the operation.
• Responsibilities: (To perform successfully in this position, the incumbent must be able to perform each essential duty satisfactorily.
• Other duties may be assigned.) **Financial Reporting and Close** Manage monthly, quarterly, and annual financial close activities, including the close calendar and reporting deadlines.
• Review and approve journal entries, account reconciliations, accruals, and supporting schedules.
• Prepare and review profit and loss, balance sheet, cash flow, and management reporting packages.
• Analyze financial results and clearly explain budget-to-actual, forecast-to-actual, and period-over-period variances.
• * Coordinate reporting submissions to Korean headquarters and respond to corporate finance inquiries.
• **Budgeting, Forecasting, and Business Planning** Lead the annual budget, periodic forecasts, and long-range planning processes.
• Develop financial models and scenario analyses to support operational and strategic decisions.
• Monitor departmental spending and partner with budget owners on corrective actions.
• * Provide financial recommendations to improve profitability, productivity, and cost performance.
• **Cost Accounting and Manufacturing Finance** Oversee standard costing, inventory valuation, cost roll activities, and manufacturing variance analysis.
• Analyze material usage, labor efficiency, overhead absorption, scrap, freight, premium costs, and inventory movements.
• Partner with Production, Operations, Purchasing, Quality, Engineering, and Supply Chain to identify cost reduction opportunities.
• Support product costing, customer program analysis, make-versus-buy assessments, and profitability reviews.
• * Monitor working capital, inventory controls, and slow-moving or obsolete inventory reserves.
• **Internal Controls, IFRS, and Compliance** Maintain and strengthen internal controls over financial reporting and key transaction cycles.
• Ensure adherence to IFRS, corporate accounting policies, approval requirements, and record-retention standards.
• Coordinate internal and external audits and ensure timely remediation of identified control issues.
• Support statutory, tax, and regulatory compliance activities in collaboration with internal specialists and external advisors.
• * Maintain audit-ready documentation for key estimates, reconciliations, controls, and accounting conclusions.
• **Treasury, Capital Expenditures, and Intercompany Accounting** Monitor cash flow, liquidity, working capital, and short-term funding needs.
• Review capital expenditure requests, business cases, project spending, asset capitalization, and post-investment performance.
• Oversee intercompany balances, settlements, confirmations, and related reconciliations.
• * Support foreign currency reporting and transfer pricing documentation in coordination with corporate and tax teams.
• **Systems, Data, and Process Improvement** Serve as the Finance lead for SAP and related financial systems, reporting tools, and master data controls.
• Improve reporting accuracy, close efficiency, process standardization, and automation.

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