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Finance Manager

Company: Republic Steel
Location: Canton
Posted on: April 8, 2021

Job Description:

Republic--Steel is North America's leading supplier of Special Bar Quality (SBQ) steel, a highly engineered product used in axles, drive shafts, suspension rods and other critical components of automobiles, off-highway vehicles and industrial equipment.

We're Everywhere!
Republic's steel goes into everything from bicycles and hand tools to bulldozers and automobiles. Odds are you've seen our steel at work. Position Summary: This position is responsible for all areas relating to financial accounting management including developing and maintaining accounting principles, practices and procedures to ensure accurate and timely financial statements, supervises accounting staff and manages the team to ensure that work is properly allocated and completed in a timely and accurate manner.

  • This position addresses tight deadlines and a multitude of accounting activities including general ledger preparation, financial reporting, year-end audit preparation and the support of budget and forecast activities. Departmental Expectations of Employee: --
    • Adheres to Republic's Policies and Procedures.
    • Drives for results and success. Inspires a sense of urgency in responding to opportunities and issues.
    • Champions Republic's Core Competencies and instills the same in others.
    • Challenges the status quo and champions continuous improvement.
    • Works to achieve standards of excellence with our work processes and outcomes. Produces and delivers quality results.
    • Presents positive solutions to organizational challenges
    • Maintains a positive and respectful attitude.
    • Communicates regularly with Vice President, Finance & IT, about Department / Organizational issues.
    • Demonstrates flexible and efficient time management and has the ability to prioritize workload.
    • Meets productivity, quality, efficiency, and continuous improvement standards.
    • Consistently works in a manner that demonstrates commitment to safe working practices and good housekeeping (5S) within the work area. Essential duties and responsibilities which must be performed in order to carry out the position purpose summarized above:
      • Directs and manages staff: selects, hires, trains, coaches, evaluates and assures performance goals are met. Maintains positive employee relations, an atmosphere of teamwork and cross-training and sets performance improvement objectives, as needed.
      • Manages departmental/area budget; monitor and control expenses.
      • Ensures compliance with all applicable laws, labor agreements, accounting, and corporate
      • Oversees and performs monthly reconciliations; analyzes various G/L accounts and balances all inter-company transactions monthly
      • Processes all monthly journal entries and assists in preparation of monthly G/L expense accruals
      • Assists in preparation of annual budget and operating plan
      • Manages day-to-day functions of accountants; liaises with Accounts Payable (A/P) and Accounts Receivable (A/R)
      • Supervises the general ledger group; ensures all financial reporting deadlines are met; trains staff as required
      • Handles personnel issues relating to staff conflicts, absenteeism, performance issues, etc.
      • Works with each direct report to establish goals and objectives for each year; monitors and advises on progress to enhance professional development of staff
      • Supports audits and related processes; liaises with internal and external auditors; provides information as required
      • Oversees and handles SOX compliance for area of responsibility
      • Obtains and maintains thorough understanding of financial reporting and general ledger structure
      • Ensures accurate and timely monthly, quarterly and year end close
      • Ensures the timely reporting of all monthly financial information
      • Supports budget and forecasting activities
      • Monitors and analyzes department work to develop more efficient procedures and use of resources while maintaining a high level of accuracy
      • Advises staff regarding handling of non-routine reporting transactions
      • Responds to inquiries from VP, Finance & IT, and other executives/managers regarding financial results, special reporting requests, etc. that generally fall within the scope of this position
      • Works with finance staff to ensure a clean and timely year-end audit
      • Assists in development and implementation of new procedures and features to enhance workflow of department
      • Supports VP, Finance & IT, with special projects and workflow process improvements
      • Collaborates with the other finance department managers to support overall department goals and objectives
      • Abides by all safety procedures and practices applicable to location and position; participates in appropriate safety training; demonstrates commitment to and support of EH&S principles and values; champions safety as necessary
      • Performs other duties assigned by management that fall within the generally expected scope of this position
      • Establishes and enforces departmental policies and procedures
      • Identifies opportunities for continuous improvement; prioritize projects and assign staff. Follow-up and keep management advised of project status
      • Serves as a member of the Finance Management Team, participating in the development of departmental policies, practices, procedures and providing assistance as required Qualifications: Specific knowledge, training, or skills required to perform the duties of this position. Specific concepts, courses, training programs or required certifications:
        • Demonstrated understanding/knowledge of general accounting principles, practices, regulations, and procedures typically acquired through a Bachelors Degree in Accounting/Finance.
        • Requires a current CPA license.
        • Minimum of 8 to 10 years' relevant work experience; minimum 3-5 years' supervisory experience
        • Expertise in US GAAP, FASB, Sarbanes Oxley, and similar regulations and requirements
        • Excellent knowledge of accounting and financial systems; financial systems implementation experience and knowledge a plus
        • In-depth knowledge of business, Company policies, rules, regulations, processes and procedures, including parent company policies, processes and procedures
        • Excellent analytical skills and abilities; multi-task person; project management skills
        • In-depth understanding of financial reporting and financial management concepts
        • Customer focus including the ability to speak diplomatically; problem solver
        • Ability to manage, motivate, coach and work with others to accomplish objectives
        • Excellent computer skills, including ability to easily use MS Office suite, process flowchart software, various email, internet, and other programs; proven ability to generate excellent informational reports and presentations; ability to create and manipulate spreadsheets
        • Interpersonal skills: ability to relate to all types of people; trust and integrity. Ability to process high volume confidential and accurate information.
        • Basic human resource skills such as training, interviewing, hiring, safety, performance management, compensation, benefits and security.
        • Demonstrated team and individual leadership skills.
        • In-depth ability to negotiate and problem solve with outside services.
        • In-depth computer skills: data management and retrieval; word processing; spreadsheets, email and internet.
        • Written and oral communication skills; ability to write, implement, and train policies and procedures.
        • Problem solving and organizational skills.
        • Ability to process high volume confidential information. Essential Physical Demands and Working Environment:
          • Ability to see, communicate, hear and utilize electronic communication devices.
          • Office work environment; incumbent occasionally subject to plant working conditions (hazardous, subject to weather and temperature extremes). Previous experience that is necessary background to qualify for this position:
            • Experience in a large organization - multi location / multi-national, union contracts. Moderate project management and systems improvement experience.

Keywords: Republic Steel, Canton , Finance Manager, Executive , Canton, Michigan

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