Responsible for managing FCS's accounting records, financial reporting, forecasting, and budget management functions. Ensures accounting procedures conform to generally accepted accounting principles and with overall Franklin Electric guidelines.
ESSENTIAL DUTIES AND RESPONSIBILITIES
- Directs financial planning and budget management functions for FCS.
- Plays a significant role in helping to drive an ERP transition from Navision to JDE E-1.
- Maintains a system of controls over accounting transactions, and reviews expenses and balance sheet reconciliations for accuracy.
- Recommends benchmarks for measuring the financial and operating performance of divisions and departments within FCS.
- Monitors and analyzes monthly operating results against budget.
- Prepares financial outlooks and financial forecasts.
- Conducts financial analyses for capital expenditure and product investment decisions.
- Coordinates debt financing and debt service payments with external entities.
- Oversees financialaudits and provides recommendations for procedural improvements.
- Interfaces with corporate finance for reporting and data management functions.
- Issues timely and complete financial statements. Ensures compliance with local, state, and federal budgetary reporting requirements.
- Participates in development and administration of programs and procedures for orientation and training of new employees as appropriate.
- Manages and oversees IT projects done through independent contractors including, but not limited to hardware needs, ERP changes and miscellaneous IT changes.
- Manages and oversees HR duties including employee benefit packages and changes, workers compensation filings, payroll calculations (primarily bonus + commissions) and assists corporate HR with other HR needs.
- Oversees credit management and ensures policies and practices are being followed correctly and unnecessary risks are not being taken.
- Provides ADHOC and scheduled reporting for decision making and metric tracking for all departments across the organization.
- Ensures taxes are paid on a timely basis.
- Performs other related duties as required or assigned.
- Supervises non-supervisory employee(s).
- Interviewing and training employees; planning, assigning, and directing work; appraising performance, rewarding, and disciplining employees; addressing complaints and resolving problems.
- Working with Human Resources on employee issues.
Skills and Abilities
- Writes routine reports and correspondence.
- Ability to communicate effectively throughout all levels of the organization.
- Adds, subtracts, multiplies, and divides numbers (using currency and other forms of measurement).
- Utilizes common-sense understanding in order to carry out written, oral, or diagrammed instructions.
- Strong analytical and problem solving skills with attention to detail while maintaining a "big picture" business perspective.
- Plans the time, method, manner, and/or performance sequence of own work; may also occasionally assist in planning work assignments performed by others within a limited area of operation.
- Frequently makes decisions of both minor and major importance, which may affect the work operations of other employees and/or clientele to a moderate degree.
- Completes some moderately repetitive tasks.
- Uses noncomplex machines and equipment (adding machines, calculators, copy/fax machines, etc.).
- Understands complex accounting and accounting principles.
- Understands Sarbanes-Oxley Act (SOX).
Education and Experience
- Bachelor's degree in accounting, business administration, finance, or a related field (required).
- Five to seven years of relevant experience in accounting, finance, or a related field (required).
- Certified Public Accountant (CPA) or Certified Management Accountant (CMA) (preferred).