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Plant Accounting Manager

Date: Jan 12, 2021

Location: Statesville, NC, US

Company: Goodyear

Location: Statesville, NC

Sponsorship Available:  No
Relocation Assistance Available: No

 

About the Position

The Plant Accounting Manager is responsible for the accounting, plant financial results and internal controls at the plant.  This includes assisting in the monthly financial statement close and plant financial reporting, while maintaining effective internal controls in compliance with Sarbanes-Oxley (SOX) and company policy.  This position must coordinate with appropriate groups (including Akron CPA) to complete certain routine monthly financial closing and analysis activities while managing local finance personnel (where applicable) to ensure completion of closing and analysis activities at the plant level.  This position also is a partner with the Plant Leadership Team, other SBU manufacturing finance leadership and PBU finance leadership to ensure plant and finance goals and objectives are achieved and to develop people resources.   

 

Primary Responsibilities

  • Assist in the monthly/quarterly financial reporting, special analyses at the manufacturing plant.  This includes the monthly, quarterly and annual financial statement close procedures, account reconciliations, and establishing judgmental reserve balances whether completed by a Centralized Plant Accounting group or locally at the plant level.  Ensure processes are compliant with U.S. Generally Accepted Accounting Principles (GAAP) and Company Policy. Responsible for statutory books and US GAAP adjustments required. Monitors controls over shipping and receiving. Monitors work in process inventory (WIP) for proper estimated value on a monthly basis. Manage local annual physical inventory process.     
  • Ensure that a robust internal control structure is in place, functioning effectively, and appropriately tested in accordance with SOX.  Ensure that identified control and internal audit gaps are remediated on a timely basis.  Responsible for working with the FBP in delivering tone-at-the top messaging to the Plant Leadership Team and accounting/finance department at the plant as to the importance of internal controls. Manage or participate (as applicable to local SBU process) in the quarterly letter of representation and SOX certification processes.  Ensure appropriate assurance procedures are completed and communicated to the business leadership team. Manage cycle count procedures over inventory, MRO and spare part
  • Responsible for supporting production cost information as well as any studies on plant investments, restructuring, and budget justification.  Local oversight of the Standard Cost setting process which involves coordination of production levels and cost bases with the Manufacturing Financial Planning and Analysis and Product Business Unit organizations. Responsible for material cost information, including reconciliation of Purchase Price Variance, financial analysis of all specification changes, analysis of material manufacturing variances, and monthly inventory results. Assist, manage / oversee audit activities with internal and external auditors.  
  • Involved in developing talent for the finance organization, including development of professionals within the business and succession planning for key finance roles.  Ensure a strong performance management process that aligns individual objectives with business metrics and connects performance against objectives to compensation and career progression. Drive continuous improvement initiatives related to finance processes and systems. Participate in activities such as the annual operating plan, monthly/quarterly reporting, and special analyses as necessary. Work with local, state, and regional tax authority on all tax-related matters.
  • Understand and have an ability to summarize and communicate clearly the financial and operating results of the plants in order to measure progress against objectives and assess the effectiveness of decisions made.  Work with the FBP to identify actionable cost reduction and cash flow generation opportunities. Responsible for all fixed assets activities in the plant including reviewing for timely capitalization of projects, monitoring usage of machinery and equipment for potential idle assets, completing periodic physical count of assets in accordance with Goodyear policy and managing the process of disposing assets in accordance with company policies.

 

Required Education and Experience

  • Bachelors’ Degree with a concentration in a business-related field (i.e. accounting, finance, economics, etc.). 
  • MBA, other advanced degree or certification (i.e. CPA, CMA, etc.) desired.
  • A minimum of 5 years of accounting and/or financial analysis experience (preferably in a large corporate or manufacturing organization)
  • Preferred experienced in building a high performing finance team, developing talent for the organization as evidenced by advancement and success of team members. 
  • Preferred “Change management” experience, focused on getting large groups "on board" with new processes and techniques.

 

Desired Skills and Abilities

  • Thorough understanding of US GAAP, accounting for complex transactions and internal controls in compliance with SOX.
  • Excellent leadership, consulting, coaching, training, organization, interpersonal and communication skills, both verbal and written.
  • Strong knowledge, understanding and practical skills in relevant systems (i.e. ERP systems (SAP preferred)), MS office, Hyperion, etc.
  • High level of understanding of how key accounting decisions impact the business units and forecasted operating results/cash flows.
  • Able to analyze and grasp a situation quickly from different perspectives and create well-reasoned solutions.

 

 

 

Goodyear is one of the world’s largest tire companies. It employs about 63,000 people and manufactures its products in 46 facilities in 21 countries around the world. Its two Innovation Centers in Akron, Ohio and Colmar-Berg, Luxembourg strive to develop state-of-the-art products and services that set the technology and performance standard for the industry. For more information about Goodyear and its products, go to www.goodyear.com/corporate

 


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