Director Finance in Manitowoc, WI at Welbilt

Date Posted: 7/23/2019

Job Snapshot

Job Description

Does this describe you? Finance guru. Number cruncher. Strategic leader. If so, then you could be our next Director - Finance at Manitowoc Ice*

The Director - Finance is responsible for the Global product line related finance activities.  Working as a key business partner to the VP & Managing Product Line Director, s/he ensures best finance support to the business both on a product line as well as on a global level by developing a strong finance team using globally consistent processes and systems. S/he ensures delivery of correct, decision-relevant and up-to-date information to the business in areas such as product line performance, plant utilization, product cost and profitability, new product development requests, capital expenditure requests, KPI and initiatives (e.g. COPQ, sourcing, SIOP), etc. In addition, the business holder is closely involved in the annual strategic plan.  Scope includes all finance responsibilities for product line profitability & leading site accounting.

Reporting directly to the VP Global Finance and Operations, this position is located in Manitowoc, WI.

We put the 'fast' in fast food and the refinement in fine dining. We put the icy refreshment in sodas and the 'rocks' in signature cocktails. Be part of an industry that touches every life. Advance your career with the leader in foodservice innovation!

Major Accountability:

  • Business partner to VP & Managing Product Line Director
  • Management of global product line financial planning, budgeting, and forecasting
  • Ensure timeliness and accuracy of product line financial and management reporting data
  • Prepare and analyze product line related sales and operations metrics incl. product line-, product-, market/customer-profitability, factory productivity, KPI performance (e.g. COPQ, PCTO, PPV, etc.), initiative delivery (e.g. Lean, 80/20, SIOP, platforms, etc.)
  • Analyze and provide recommendations regarding profitability of strategic initiatives, new products and product upgrades as well as product line capital expenditures
  • Lead site accounting, including AR & Audit requirement, in sync with Corporate Accounting requirements

Essential Job Functions:

  • REPORTING: Manage the timely completion of the month-end financial close process. Demonstrate awareness of all elements of product line financial statements. Prepare all financial analysis, performance reports, and meaningful business driven commentary as a key business partner.
  • FORECASTING: Manage the timely completion of all forecasting cycles, including strategic business plan, annual budget & required outlooks, in sync with Welbilt Corporate schedule. Be key business partner by providing fact-based advice & challenge to the value stream leaders
  • SIOP: Provide financials to the SIOP team to take fact-based decisions & optimize manufacturing, inventory and asset resources. This includes analysis & prioritization of sales deals considering different distribution channels, freight, rebates & commissions, as well as available operations capacity
  • CONTINUOUS IMPROVEMENT: Be an active partner of continuous improvement by supporting the value stream Lean deployment, project managers, global sourcing studies, make vs buy, Capex financial return analysis & global alignment to the defined strategy
  • Partner with management to increase efficiency and profitability and propose business improvement actions.  Support the analytical needs of both Finance and cross functional Management Teams.
  • COSTING: Supervise the preparation and maintenance of product standard costs, ensure cost standardization principles are applied.
  • NPI: Support product line NPI/NPD teams by providing timely cost estimates, profitability analysis, risk assessments
  • ACCOUNTING: Lead site accounting activities including developing accounting processes consistent with Welbilt's business, deploying standard processes, ensuring compliance with corporate accounting policies and ensuring appropriate standards of internal control exist and are followed.
  • AUDIT: Supervise and audit the preparation and calculation of monthly/quarterly/annual rebate and commission payments
  • TAX: Supervise and review the preparation of monthly/quarterly/annual sales and use tax (site specific)
  • MANAGEMENT: Manage & develop talent of team. Duties include hiring, training, coaching, goal setting and performance management.

Job Requirements

Basic Qualifications:

  • Bachelor’s degree in Accounting/Finance plus ten years of previous experience.
  • Proven financial leader with strategy, planning, controlling experience
  • Strong experience in operations, processes (finance and operations), systems (Oracle, Hyperion, SAP, etc.)
  • Global experience, ability to work across cultures preferred
  • Strong strategy, product and financial as well as team development capabilities
  • English a must
  • MBA preferred

*Known as America’s #1 Selling Ice Machine, Manitowoc Ice designs and manufactures a complete range of cube, flake, and nugget ice machines, ice storage bins, and ice dispensers with 200+ models in ice-making capacities from 65 to 3,000 pounds per day.  Our products can be found in hospitals, schools, hotels, restaurants, and convention centers all over the world.

  *Welbilt (formerly Manitowoc Foodservice) designs, manufactures and supplies best-in-class food and beverage equipment for the global foodservice market.   Welbilt offers customers unparalleled operator and patron insights, collaborative kitchen solutions, culinary expertise and world-class implementation support and service, whether locations are around the corner or across the globe.  With operations in the Americas, Europe and Asia, the company has a portfolio of best-in-class brands including Cleveland™, Convotherm®, Delfield®, Frymaster®, Garland®, Kolpak®, Lincoln®, Manitowoc®, Merco®, Multiplex®, Merrychef®, and fitkitchen℠.  


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