Log In
Sign Up
Position Summary:
Bystronic is looking for a Finance Manager to support our US operation. This is the perfect job for someone who can manage the monthly, quarterly and year-end accounting close and related reporting. You also have to lead our team through the budget and forecast planning processes, providing insights and financial evaluation/analysis to management. Being a team player, trusted advisor and a go-to person is critical in this role! In addition, we would also like to see you ensuring compliance of all tax reporting and controls are appropriately and efficiently organized and that all terms are within Bystronic legal and tax requirements.
Bystronic is looking for a Finance Manager to support our US operation. This is the perfect job for someone who can manage the monthly, quarterly and year-end accounting close and related reporting. You also have to lead our team through the budget and forecast planning processes, providing insights and financial evaluation/analysis to management. Being a team player, trusted advisor and a go-to person is critical in this role! In addition, we would also like to see you ensuring compliance of all tax reporting and controls are appropriately and efficiently organized and that all terms are within Bystronic legal and tax requirements.
We need a forward looking professional and we would love for you to bring your insights and experience to help us identify, at an early stage, trends, opportunities and other external factors, which may affect the financial performance and/or development of the company.
What you will be asked to focus on:
Accounting, Taxation and financial controls
Ensure the Entity completes the monthly close and year end close accurately and to the agreed time table.
Responsible for both the preparation and review of monthly journal entries and account reconciliations.
Oversee the external audit. Review and analyze results and recommendations from the audit.
Ensure the business is fully compliant with all internal policies (Compliance Manual, Accounting Manual) and relevant regulations.
Ensure filings (among others local sales tax filings and other statutory/legal fillings) are completed in a timely manner.
Financial management
Develop and maintain financial accounting systems for cash management, accounts payable, inventory, accounts receivable and credit control.
Ensure all statutory requirements of the organization are met, including Withholding Payments, Income Tax, Goods and Services Tax, Employer Social Security, etc.
Ensure the appropriate financial regulations and controls are in place and in use at all times.
Review cost data with management, and coordinate resolution of concerns with other cost team member
Management reporting/Controlling
Assist with the financial management reporting for the organization
Present monthly and year-to-date financials with accompanying analysis and comments.
Ensure the financial management tools and processes are in place to support ongoing and future needs of the business.
Identify and track a range of KPIs. Monitor these KPIs monthly and initiate corrective action as appropriate.
Lead the annual budgeting and forecasting processes. This includes preparing detailed budgets/ forecasts, variance analysis, challenging the business assumptions, and consolidating and submitting them to the parent company.
Establish and manage the capital request process, according to the group policies. Provide a financial evaluation of each request as part of the approval process. Provide monthly tracking re- porting.
Support the business as a sparring partner and have an independent opinion of the financial impacts of projects.
Leadership
Ensure the team delivers high standards, and cross departmental customer service. Foster departmental teamwork.
Provide training and support to the staff.
What does success look like?
Set up a strong Finance organization
KPI’s:
EBIT
Budget vs actual variance analyses
Net working capital targets kept
Quality and timeliness of financial and management reporting for month end, quarterly and annual closing
Early identification and appropriate communication of anomalies during controlling or general financial management.
Contribute to the management team and successful development of the company.
What do we expect:
Bachelor’s degree in Accounting or Finance, CPA preferred, but not a requirement
At least 7 years years’ finance experience in comparable industries in a management position / preferred Similar Role in European or US company
Strong finance know how (accounting, reporting, controlling, taxes)
Proficient use of SAP, strong excel knowledge is a must
