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Senior Financial Manager (m/f/d)

Location: Kenosha
Posted on: June 19, 2022

Job Description:

Position Summary:
The Sr. Financial Manager is responsible for the financial oversight of Cherry Americas. Working as a strategic business partner to manage costs, maintain regular accounting records, develop plans related to operating budgets and business expenses, compile financial reports for sales & cost audit/allocation purposes with the overall objective of increasing profitability of the corporate function through cost control.

Position Responsibilities:

  • Independent accounting for all business transactions of our US sales company according to IFRS and US Gaap
  • Responsible for all accounting entries with focus on GL, accounts payables/receivables, and asset accounting
  • Leading and processing the monthly, quarterly, and annual close, and creation of the IFRS reporting package for the Global Office
  • Independent processing of tax issues and reporting (VAT, ZM, statistics, etc.)
  • Preparation of payment runs and cyclical account clearing in all areas
  • Support of the headquarters in the Intercompany reconciliation process
  • Ensuring compliance of reporting with legal and company-internal requirements
  • Reporting of all financial data to local management and to the International Director of Group Accounting
  • Preparation of business development analysis including variance analysis
  • Daily finance work and banking transaction management
  • Creates and analyzes monthly, quarterly, and annual reports and ensures financial information has been recorded accurately in preparation for tax filing, planning, and minimizing tax risk
  • Prepares reports which summarize and forecast business unit activity and financial position in areas of income, expenses, and earnings based on past, present, and expected operations
  • Participate in the preparation of budgets, reviews budget proposals, and prepares necessary supporting documentation and justification
  • Provide timely status and progress reports of certain elements of the business unit's overall financial performance
  • Control, track, and report capital and asset investment programs, including overseeing approvals, tracking actual to budget, meeting program targets, and ensuring appropriate accounting treatment
  • Keep Corporate Controller informed of financial status of business unit and potential issues
  • Resolve financial issues related to AR/AP and payment procedures
  • Ability to communicate with external financial parties
  • Coordinate with external auditor for annual financial audit
  • Examine and review cost records and ensures cost data is allocated correctly
  • Work with business unit team to improve inventory accuracy and accounting methods
  • Drive process improvement-Carry out and support new projects or group policies
  • Perform other duties as assigned
  • Ability to build and generate daily sales reports and sell thru activity and analysis
  • Be an active participant in Quarterly Business Reviews with the Executive Team

    Required Skills and Experience:
    • Minimum 5 years professional experience within Finance, Controlling or Accounting
    • Bachelor's Degree with major in Finance, Controlling or Accounting
    • Master's degree in Finance & Accounting preferred
    • Strong knowledge in accounting according to IFRS and US GAAP guidelines
    • Self-confident, good communication skills, and conscientious working habits
    • Solid experience on costing, budgeting, forecasting, reporting, and analysis
    • Knowledge of laws and regulations, experience in dealing with both internal and external auditors
    • Comprehensive ERP experience (preferably SAP ByD) and intermediate skills in Microsoft Office
    • Proficient in Excel
    • Certified Public Accountant (CPA) preferred
    • Ability to work in an intercultural environment with international colleagues
    • Deep knowledge of accounting standards and processes
    • Convincing verbal / written communication skills accompanied with the highest level of confidentiality & integrity
    • Strong interpersonal and listening skills & attention to detail

      Preferred Skills and Experience:
      • Experience in Electronics and/or a distribution environment
      • Familiar with Sales & Accounting functions within a Digital environment (,
        The above is intended to describe the general content of and requirements for the performance of this job. It is not to be construed as an exhaustive statement of duties, responsibilities, or physical requirements. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Keywords: CHERRY AMERICAS, LLC, Kenosha , Senior Financial Manager (m/f/d), Executive , Kenosha, Wisconsin

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