SHIFTNo Shift ($0) (United States of America)
A BRIEF OVERVIEWThe Manager, FP&A provides insights to the financial decision-making process through analysis, financial projections (planning, budgeting and forecasting) and reporting for Orchid Orthopedic Solutions. They act as the day-to-day business partner to the site general manager as a member of the site leadership team.
WHAT YOU WILL DO- Integrated Business Planning (IBP):
- Lead the 'Finance Review' portion of the new IBP (Integrated Business Planning) initiative for Orchid Bridgeport
- Prepare a rolling 24-month financial forecast for P&L, Balance sheet, cash flow, and CAPEX to to support Class A / IBP initiative; Work closely with site management and IBP teams for inputs
- Refresh forecast each month with inputs from Product, Demand, and Supply teams
- Attend the product, demand, and supply reviews for the site to gain an understanding of financial impact of the forecasts; receive sales and supply inputs from the Demand and Supply review teams to combine with remaining items to produce P&L forecasts
- Site Financial Analysis:
- Perform financial analysis of site P&L's, balance sheet, and cash flow and report the summarized findings to Corporate and local management
- Prepare annual budget and 6+6 forecast for the site
- Prepare and present a high quality, complete monthly financial review presentation, including preparing the Operating Income Statement form (OIS) with explanations of actual financial results vs. budget/forecast/prior year/etc.
- Answer questions about site financial performance in presentations and on an ad hoc basis
- Conduct detailed analysis of profitability by SKU, part family, customer, value-stream, etc. with specific calculations on the impact of sales mix and price on EBITDA including standard vs. actual variances
- Analyze labor costs at the site including overtime spend (by department/value stream/process), headcount trend vs. budget/prior periods, and productivity measures
- Daily/Weekly Site Support:
- Prepare daily/weekly reports for the site, detailed cost and revenue analysis
- Monitor financial performance to budget/plans
- Review site CAPEX requests for reasonableness of financial projections
- Validate productivity savings for the site
- Support Supply Chain by conducting spend analysis, including validations of supply chain funnel project savings
- Analyze aging of inventory to support the Operations and Commercial teams
- Leverage the ERP systems and related data to develop, support, and implement solutions to business needs
- Projects and Ad Hoc Reporting:
- Validate EDW data and contribute to report design
- Provide detailed product profitability reports to the support the Commercial team's 80/20 initiative
- Collaborate with IT and central finance teams to link and automate business information from the site's ERP system to a common platform to enable analyzing and reporting information; design, build, and maintain the data warehouse.
EDUCATION QUALIFICATIONS- Bachelor (Required)
- Master of Business Administration (MBA) (Preferred)
EXPERIENCE QUALIFICATIONS- 5+ Years of Experience in a Manufacturing Environment (Required)
- 7+ Years of experience in accounting, financial analysis, and business systems (Required)
- 8+ Years of experience in tax, public, and company/industry accounting (Preferred)
- Experience working a multi-site manufacturing environment (Preferred)
KNOWLEDGE & SKILLS THAT ENABLE SUCCESS- Accuracy and Attention to Detail - Extensive Experience
- Business Acumen - Extensive Experience
- Collaboration - Extensive Experience
- Data Analysis Tools - Extensive Experience
- ERP Software - Working Experience
- Finance and Accounting - Extensive Experience
- Power BI - Working Experience
- Project Management - Extensive Experience
- Strategic Planning - Working Experience
WHAT WE OFFER- Opportunity to work in a growing company
- Ability to help people live a longer, more active life
- Comprehensive benefit package
- Ability to work in an organization that values:
- Integrity First: We do the right thing
- Teamwork: We are one Orchid
- Results: Our results matter
ADDITIONAL REQUIREMENTS- Candidates offered employment may be required to submit to a pre-employment background check and pre-employment drug-screening based on position requirements
- Applicants must be authorized to work for ANY employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time
- Candidates must be able to provide proof of eligibility to work in the United States through eVerify
