Financial Planning and Analysis Manager

Company / Location Information

A.O. Smith is a global leader applying innovative technologies and energy-efficient solutions to products manufactured and marketed worldwide. The company is one of the world’s leading manufacturers of residential and commercial water heating equipment and boilers, as well as a manufacturer of water treatment products for residential and light commercial applications. A. O. Smith is headquartered in Milwaukee, Wisconsin, with approximately 12,000 employees at operations in the United States, Canada, China, India, Mexico, the Netherlands, and the United Kingdom.

Primary Function

The Commercial Finance Manager is responsible for supporting the strategic direction of the Commercial organization and overseeing operational financial activities. Provide financial leadership in the development and implementation of business strategies, objectives and operating plans to ensure fiscal soundness and operational effectiveness. The Manager of Commercial Finance will work closely with and become the advisor to senior management.The Commercial Finance Manager is responsible for supporting the strategic direction of the Commercial organization and overseeing operational financial activities. Provide financial leadership in the development and implementation of business strategies, objectives and operating plans to ensure fiscal soundness and operational effectiveness. The Manager of Commercial Finance will work closely with and become the advisor to senior management.

Responsibilities

• Lead forecasting and strategic/annual plan process for sales organization and cost centers, including review and submission of forecast and annual operating plan into our consolidating system.
• Lead and drive the financial reporting and analysis function for the commercial organization, including sales, profit margins and selling and administrative expense.
• Oversee accounting close process for expense and gross to net, including review of various accruals/ journal entries, reporting of actual results to internal stakeholders.
• Responsible for producing and analyzing financial data for the business, including variance analysis to budget and prior year.
• Support the commercial leaders in decision making process using financial data and analytics to support position
• Ability to effectively partner and communicate with commercial leaders, ROI analysis, pricing principles, understanding of route to market and managing customer terms and relationships.
• Calculation of year over year price earned on customers and products.
• Responsible for review of processing of rebates and account deductions.
• Continually evaluate the departmental functions, practices, and controls to identify opportunity for improvement.
• Ensure consistent, reliable, and timely information is distributed to all financial statement users.
• Directly supervise and manage employees in the accounting function by directing, allocating, and assigning priority to functions and projects.
• Conduct staff performance appraisals, provide guidance, and train direct subordinates.
• Prepare and post journal entries for more complex areas.
• Develop and maintain knowledge and understanding of all accounting policies, financial systems, processes, and controls.
• Continually evaluate the departmental functions, practices, and controls to identify opportunity for improvement.
• Perform other activities as needed or as directed.

Qualifications

• Bachelor’s Degree in Accounting or Finance
• Master’s degree in accounting or CPA strongly preferred
• 7+ years of accounting experience, including supervisory experience

ADDITIONAL QUALIFICATIONS:

• Public accounting experience preferred
• Strong ability to prioritize work with minimal supervision and work in cross-functional teams.
• Advanced knowledge of GAAP and Sarbanes-Oxley rules and regulations
• SAP/BPC experience is beneficial
• Proficient with Microsoft Office, including Excel, Word, and Outlook
• Strong analytical skills are required
• Ability to work independently and lead a team to achieve performance goals
• Ability to balance multiple priorities and delegate tasks
• Strong sense of judgment, decision making, and complex problem solving.
• Strong communication skills, both orally and written, especially communication of financial results and information
• Strong attention to detail and high organization skills
• Strong business and financial acumen

Education

We Offer

Competitive compensation package and comprehensive benefits plans which include medical and dental insurance, company-sponsored life insurance, retirement security savings plan, short- and long-term disability programs and tuition assistance.

ADA Statement & EEO Statement

In developing this job description care was taken to include all competencies needed to successfully perform in this position. However, for Americans with Disabilities Act (ADA) purposes, the essential functions of the job may or may not have been described for purposes of ADA reasonable accommodation. All reasonable accommodation requests will be reviewed and evaluated on a case-by-case basis.

We consider all applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, gender identity and expression, marital or military status. We also provide reasonable accommodations to qualified individuals with disabilities in accordance with the Americans with Disabilities Act and applicable state and local law.