Finance Manager- Manufacturing

Dover Precision Components is hiring an accounting-based Finance Manager for our Waukesha Bearings brand. Waukesha Bearings is a leading designer and manufacturer of hydrodynamic fluid film bearings, active magnetic bearing systems and seals for high-performing turbomachinery and rotating equipment in oil & gas, power generation, marine, military, and industrial markets. Our forward-thinking team is committed to leading the markets we serve through superior technology and operational excellence.  Due to our government client, US Citizenship is required.

This role is the Finance and Accounting professional at our Lean Manufacturing site located at Antigo, Wisconsin and reports into a global Finance team for Dover Precision Components, part of $7.5 billion Dover Corporation. We offer competitive pay and benefits, a hybrid work schedule (2 days remote, typically, per week), and the opportunity to be a key contributor with a stable and innovative company.  

WHAT YOU’LL DO

Reporting, Compliance, Leadership

• Establishes and maintains the organization’s accounting principles, practices, procedures, and initiatives. 
• Compiles financial statements and manages month end close for 2 manufacturing plants- Antigo and a plant in Mexico.
• Provides supervision through direct and indirect reporting relationships.
• Prepares financial reports, analyses, and presents findings and recommendations to top management.
• Operates as the trusted finance business parter on the leadership team at the site. Drives business decisions through analysis and owning KPI reporting, demonstrating confidence in understanding and communicating site performance drivers and recommendations.
• Works with large data sets, translating into trends, signals and management information to drive the financial performance of the business.
• Collaborates with many non-finance stakeholders to truly understand the business and drive positive change.
• Acts as primary point of contact for any external or internal audits carried out on site.
• Implements, monitors, and enhances accounting procedures and internal controls. Ensures controls are operating as designed to comply with Dover Core Internal Controls (CIC) and Sarbanes Oxley (SOX) and preparation of management accounts in line with US GAAP principles.
• Demonstrates strong balance sheet management skills as owner of balance sheet reconciliations and trend reviews to ensure robust financial statements.
• Promotes Continuous Improvement (CI) culture. Utilizes CI methods to raise accuracy (quality), improve processing time, and enhance reporting.  Works to increase employee productivity through elimination of redundant activities, root cause investigations, and automation through use of Lean methods.
• Monitors achievement against variable sales and compensation plans to align with performance outputs including bonus programs, sales incentive programs, rebates, and commissions.
• Works closely with Shared Service locations to ensure financial operations, systems and controls are aligned globally and optimized.

Forecast Performance

• Prepares monthly and quarterly financial Forecasts, with emphasis on bookings ‘in take’ scenarios. Evaluates sales plans and generate upside and downside risk profiles based upon customer and market insights. 
• Prepares Annual Operating Plan- inputs for the Antigo & Mexico sites. 
• Provides analysis on variances to plan, forecast, & prior periods.  
• Monitors results against developed budgets.  Collaborates with Site Leadership to deliver results within budgetary considerations. 

Business Analysis

• Monitors expense trends for research and development including involvement with new product development projections and ROI computations. 
• Provides detailed analysis of customer and product bookings, backlog and revenue. 
• Provides detailed analysis of customer and product margins that will drive financial performance versus forecast. Commenting and escalating any visible trends. 
• Manages site costing methodology with monthly review of PPV and under/over absorption to help with the annual review and update of standard costs. 
• Aids in the establishment of goals and performance metrics for the Antigo & Mexico sites. Develops and reports on Key Performance Indicators (KPIs) to align with delivery of desired service level to the business. 
• Plans and assists in integrating acquired businesses into the organization. 
• Monitors achievement against variable sales and compensation plans to align with performance outputs including bonus programs, sales incentive programs, rebates, and commissions. 
• Performs financial analysis and special projects on an as needed basis to support the Antigo & Mexico sites. 

WHAT YOU’LL BRING

• Bachelor’s degree in accounting or finance or related.
• Minimum 5 years’ relevant experience as a financial Business Partner for Operations and Manufacturing Sites.
• Experience in Accounting and Finance roles within manufacturing environment. Experience in financial statements, Annual Operating Plan, and forecasting.
• Knowledge of US Generally Accepted Accounting Principles.
• Advanced skillset in Microsoft Excel. Proficient with Word and Power Point.
• Strong communication, collaboration, and interpersonal skills. 
• Ability to work with a high degree of confidentiality is mandatory due to the sensitive nature of information in area of responsibility.
• Exceptional attention to Detail required.

ALSO GREAT IF YOU BRING/ PREFERENCES

• Additional education and/or certifications: CPA, CMA, master’s degree, Six Sigma training.
• Experience within Lean Six Sigma, engineered components manufacturing environment(s).
• ERP systems experience such as Syteline.
• Experience with progressive billing and government contracts.

DOVER PRECISION COMPONENTS

Dover Precision Components ‘DPC’ (‘the Company’) is part of Dover Corporation’s (‘the Parent Company’) Pumps and Process solutions segment. DPC holds market leading positions globally and delivers performance-critical solutions across the oil & gas, power generation, marine, industrial, chemical and general processing markets. We design and manufacture mission-critical equipment components to deliver more affordable, cleaner energy solutions and enable manufacturers to operate more efficiently.

WE DELIVER CUSTOMER SUCCESS​

Dover Precision Components delivers products and services that enhance performance, improve safety, reduce carbon emissions, and accelerate clean energy adoption, through collaborative Customer relationships, expert engineering, and an innovative culture. Our strong Company portfolio is comprised of long products and services offered under Cook Compression, Cook Mechanical Field Services, Waukesha Bearings, Waukesha Magnetic Bearings, Inpro/Seal, Bearings Plus, and FW Murphy Production Controls. Our global footprint reaches more than twelve locations in the Americas and more than six locations in Europe and China.

BUILDING POTENTIAL. SUSTAINING PERFORMANCE. BOOSTING FUTURES.

We are diligent in recognizing our employees’ needs and providing an enriching experience through professional developmental opportunities. Our authentic, collaborative company culture, combined with a competitive suite of health and welfare offerings, emulates who we are.

We consider several job-related, non-discriminatory factors when determining the pay rate for a position, including, but not limited to, the position’s responsibilities, a candidate’s work experience, a candidate’s education/training, the position’s location, and the key skills needed for the position.  Pay is one of the Total Rewards that we provide to compensate and recognize employees for their work.

Benefits for this position include: a 401(k) savings plan with employer contributions; medical, dental and vision insurance; wellness programs; health savings account, health care and dependent care flexible spending accounts; company paid short-term disability and long-term disability; company paid employee basic life and AD&D insurance; supplemental employee and dependent life insurance; optional accident, hospital indemnity and critical illness insurance; adoption, surrogacy, and fertility benefits and assistance; commuter benefits; parental, military, jury duty, and bereavement leaves of absence; paid time off, including 11 paid holidays per calendar year, paid vacation days at 120 hours accrued annually, paid sick leave hours annually as provided under state and local paid sick leave laws; business travel services; employee discounts; and an employee assistance program that includes company paid counseling sessions and legal services. Eligibility for benefits is governed by applicable plan documents and policies.

All qualified applicants will receive consideration for employment without discrimination on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, age, genetic information, or any other factors prohibited by law.

Attention Applicants: If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process, please let us know. Likewise, if you are limited in the ability to access or use this online application process and need an alternative method for applying, we will determine an alternate way for you to apply. Please contact hr@doverprecision.comfor assistance with an accommodation. Kindly specify Job Requisition Number / Job Title and Location in response.

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