Finance & Accounting Manager

Astemo Ltd.; Berea (KY); Hybrid; USD 180,000 - 260,000; Full time

Job summary

Astemo Ltd. seeks a senior Finance Leader for its manufacturing site in Kentucky. You will partner with the Plant Head and leadership team to ensure accurate financial reporting, strong internal controls, and adherence to IFRS and policies.

Responsibilities include budgeting, forecasting, and business performance management for site profitability. You will oversee cost accounting, inventory, fixed assets, cash flow, and audits, driving improvements in working capital and capital investments

Qualifications

• Bachelor’s degree required; CPA/CMA/MBA preferred.
• 10+ years finance & accounting leadership in manufacturing.
• Experience with IFRS, internal controls, budgeting, forecasting, and audits.

Responsibilities

• Lead finance and accounting for manufacturing site and ensure financial integrity.
• Own monthly close, reporting, and balance sheet reconciliation.
• Drive cost management, working capital, and capital investments.

Skills

Leadership

Financial analysis

Communication

Excel (Power Query/Power Pivot)

Education

Bachelor’s degree in Accounting/Finance/Business

CPA/CMA/MBA or equivalent

Tools

SAP S/4HANA

SQL

BI tools

Job description

Directs and leads all Finance & Accounting activities for the manufacturing site, serving as the senior financial leader and strategic business partner to the Plant Head and site leadership team. Accountable for the integrity of the site’s financial statements, compliance with IFRS and company policies, stewardship of assets, working capital performance, cash flow management, internal controls, and achievement of financial and operational objectives. Provides leadership over all Finance & Accounting functions including financial reporting, general accounting, cost accounting, fixed assets, budgeting, forecasting, business performance management, product profitability, inventory management, internal controls, and audit compliance.

Scope Overview (Over next 1-3 years)

• Annual Revenue: $150M-$300M
• Annual CapEx: $75M-$150M
• Total Site Employees: 150-300
• F&A Direct Reports: 2-3
• Serve as the senior financial leader for the manufacturing site with overall accountability for financial integrity, compliance, and business performance.
• Ensure accuracy and completeness of Balance Sheet, Income Statement, and Cash Flow Statement reporting in accordance with IFRS and corporate policies.
• Own the monthly financial close process and ensure timely, accurate, and transparent financial reporting.
• Maintain effective internal controls over financial reporting, inventory, fixed assets, purchasing, and cash management.
• Lead internal and external audits and ensure timely resolution of findings.
• Ensure compliance with accounting standards, company policies, and governance requirements.
• Support Customer quotations, profitability reviews, recovery activities & business case development for new business opportunities

Business Performance Management

• Lead annual budgets, monthly forecasts, strategic plans, and long-range financial planning.
• Drive Business Performance Reviews (BPR), KPI reporting, gap analysis, and recovery tracking.
• Provide financial leadership and decision support to site leadership on operational, commercial, and investment decisions.
• Analyze profitability, productivity, cash flow, and operational performance and recommend corrective actions.

Manufacturing Finance & Cost Management

• Lead standard costing, inventory valuation, variance analysis, and product profitability reporting.
• Monitor labor efficiency, material usage, absorption, scrap, and manufacturing variances.
• Partner with Operations and Supply Chain to drive cost reduction and productivity improvements.

Working Capital & Cash Flow Management

• Lead site working capital initiatives including inventory, receivables, payables, and cash flow improvement.
• Monitor and drive DSO, DPO, DIO, Cash Conversion Cycle (CCC), Working Capital, and Free Cash Flow performance.
• Develop action plans to improve cash generation and optimize working capital.

Capital Investment & Asset Management

• Lead financial evaluation, tracking, and reporting of capital expenditures.
• Ensure proper capitalization, depreciation, impairment assessment, and safeguarding of fixed assets.
• Monitor capital spending against approved budgets and expected returns.

Leadership & Organizational Development

• Lead, develop, and mentor Finance & Accounting personnel.
• Drive accountability, continuous improvement, and cross-functional collaboration.
• Support succession planning and organisational capability development.
• Lead or support ERP implementations, automation initiatives, and process improvements.
• Promote standardisation and best practices across Finance & Accounting processes.

Key Performance Indicators (Included but not limited to)

• IFRS Operating Profit, EBITDA, Operating Margin
• Forecast Accuracy and Budget Achievement
• DSO, DPO, DIO, Cash Conversion Cycle (CCC)
• Working Capital and Free Cash Flow
• Inventory Accuracy and Inventory Turns
• Material Usage Variance, Labor Efficiency Variance, Manufacturing Absorption, Scrap Rate
• Audit Findings and Internal Control Compliance
• Financial Close Timeliness and Balance Sheet Reconciliation Completion
• Employee Development, Retention, and Succession Readiness

Authority & Decision Rights

• Monthly financial statement certification
• Forecast submission approval
• Budget submission approval
• Inventory reserve review and approval
• Audit response ownership
• Internal control certification
• Balance Sheet & Cash Flow Management

Qualifications

Knowledge, Skills & Abilities

• Strong understanding of IFRS, financial reporting, internal controls, and manufacturing accounting.
• Expertise in cost accounting, inventory valuation, variance analysis, and product profitability.
• Strong analytical, problem-solving, and decision-support capabilities.
• Ability to effectively communicate financial information to both financial and operational leadership.
• Demonstrated leadership, coaching, and team development skills.
• Advanced Microsoft Excel skills including Power Query, Power Pivot, and financial modelling.
• Experience with ERP systems required; SAP S/4HANA strongly preferred.
• Knowledge of SQL, business intelligence tools, data analytics, and financial reporting automation preferred.
• Experience supporting ERP implementations, process improvements, and digital transformation initiatives preferred.

Education

Bachelor’s Degree in Accounting, Finance, Business Administration, or related field highly preferred. CPA, CMA, MBA, or other relevant professional certification preferred.

Experience

10+ years of progressive Finance & Accounting experience in a manufacturing environment, including leadership responsibilities. Experience in automotive manufacturing and multi-site operations preferred. Demonstrated experience in financial reporting, cost accounting, budgeting, forecasting, internal controls, working capital management, and business partnering.

Working Conditions

Hybrid work environment with regular on-site presence required to support manufacturing operations, cross-functional collaboration, and leadership responsibilities. Position is expected to be on-site approximately four days per week, subject to business needs and company policy.

Domestic and occasional international travel may be required to support regional meetings, audits, training, system implementations, and operational initiatives.

Ability to work in both office and manufacturing environments. Position may require extended hours during month-end close, budgeting, forecasting, audits, and other critical business cycles.