Finance Manager

STOW Group; Romeoville (IL); On-site; USD 110,000 - 150,000; Full time

Benefits offered by this job

PTO, sick leave & paid holidays

Health Insurance

401K with employer match

Job summary

STOW Group in the United States is seeking a Finance Manager to oversee accounting, reporting, tax compliance, treasury, budgeting, and forecasting across multiple U.S. entities.

This role collaborates with US leadership and European HQ to drive financial planning and strategic decision-making. The ideal candidate will have ERP experience (SAP R/3), strong analytical and communication skills, and prior experience in a manufacturing environment.

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field.
• Experience in financial management, accounting, and financial reporting.
• Experience with Percentage of Completion (POC) / Project-Based Accounting.
• Experience managing multiple legal entities and intercompany transactions.
• Strong knowledge of financial close, multi-state tax compliance, treasury management, and cash flow forecasting.
• Experience with budgeting, forecasting, and financial analysis.
• ERP experience; SAP R/3 preferred.
• Strong analytical, communication, and problem-solving skills.
• Experience in a (start-up) manufacturing environment is required

Responsibilities

• Oversee full-cycle accounting, monthly financial close, account reconciliations, and financial reporting for both stow’s sales & manufacturing entities, in close collaboration with local sales & plant management.
• Manage project-based accounting, including Percentage of Completion (POC), revenue recognition, project costs, and profitability.
• Oversee accounting and reporting across multiple legal entities, including intercompany transactions and reconciliations.
• Ensure compliance with applicable U.S. tax requirements, including sales and use tax.
• Manage treasury activities, cash flow forecasting, liquidity, payments, and working capital.
• Lead annual budgeting, monthly forecasting, variance analysis, and financial planning.
• Prepare financial reports and KPIs and provide insights to support management decisions.
• Maintain internal controls and ensure compliance with Group policies and local regulations.
• Collaborate with U.S. leadership and European headquarters on financial performance and reporting.
• Identify opportunities to improve financial processes, systems, and operational efficiency.

Skills

Analytical skills

Communication

Problem-solving

Multi-entity accounting

Education

Bachelor's degree in Accounting or Finance

Tools

SAP R/3

Job description

The warehouse of the future is equipped with our iFollow autonomous robots instead of forklifts and our Atlas 2D pallet shuttles or eScala tote shuttles that allow for high-density storage (no wasted space!) and scalable solutions.

As part of Stow and over the span of more than 40 years, we’ve grown into a company with 10 manufacturing facilities, 19 commercial offices, and the know-how of around 2000 employees serving customers in 40 countries.

Early 2021, we opened our US Office and have already grown to 70 people. It's exciting times to be at Stow!

Location:Romeoville, IL or Adairsville, GA

Job Description

Purpose of the Position

The Finance Manager oversees accounting, financial reporting, tax compliance, treasury, budgeting, and forecasting across multiple U.S. legal entities. This role ensures accurate financial reporting, effective cash flow management, project profitability, and compliance with Group policies and U.S. regulations.

The position works closely with U.S. leadership and European headquarters to support financial planning, business performance, and strategic decision-making.

Key Responsibilities

• Oversee full-cycle accounting, monthly financial close, account reconciliations, and financial reporting for both stow’s sales & manufacturing entities, in close collaboration with local sales & plant management;
• Manage project-based accounting, including Percentage of Completion (POC), revenue recognition, project costs, and profitability.
• Oversee accounting and reporting across multiple legal entities, including intercompany transactions and reconciliations.
• Ensure compliance with applicable U.S. tax requirements, including sales and use tax.
• Manage treasury activities, cash flow forecasting, liquidity, payments, and working capital.
• Lead annual budgeting, monthly forecasting, variance analysis, and financial planning.
• Prepare financial reports and KPIs and provide insights to support management decisions.
• Maintain internal controls and ensure compliance with Group policies and local regulations.
• Collaborate with U.S. leadership and European headquarters on financial performance and reporting.
• Identify opportunities to improve financial processes, systems, and operational efficiency.

Qualifications

Required Experience & Qualifications

• Bachelor's degree in Accounting, Finance, or a related field.
• Experience in financial management, accounting, and financial reporting.
• Experience with Percentage of Completion (POC) / Project-Based Accounting.
• Experience managing multiple legal entities and intercompany transactions.
• Strong knowledge of financial close, multi state tax compliance, treasury management, and cash flow forecasting.
• Experience with budgeting, forecasting, and financial analysis.
• ERP experience; SAP R/3 preferred.
• Strong analytical, communication, and problem-solving skills.
• Experience in a (start-up) manufacturing environment is required

Key Stakeholders

The Finance Manager will report to the Group Finance Director in Global Headquarters, and will have a dotted line to the Managing Director, while managing direct and indirect reports/shared services.

Additional Information

What do we offer you?

• PTO, sick leave, & paid holidays
• Medical, Dental and Vision Insurance
• Company paid Short- and Long-Term Disability Insurance
• Company Paid Life Insurance
• Company Paid Accidental Death & Dismemberment
• 401K with employer match, currently 4%

Every employee at stow contributes to a safe and compliant work environment. We set the example and motivate each other to work safely, efficiently, and in a qualitative way. stow’s standards, policies, instructions, and local legislations are there to guide our decisions.

EEO

stow provides equal employment opportunities to all employees and applicants for employment. stow prohibits discrimination and harassment of any kind based on race, age, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.