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Eden Prairie

    Finance Manager - Eden Prairie, United States - Windings

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    Description
    The Finance Manager is responsible for overseeing the financial landscape to ensure accuracy, compliance, and strategic alignment.

    The finance manager will need a keen eye for detail, exceptional analytical skills, and a deep understanding of financial principles.

    The Finance Manager plays a critical role in financial planning, reporting, and analysis efforts to facilitate informed decision-making. Finance manager performs various financial functions, including budget management, financial analysis, reporting, and risk mitigation. Additionally, the finance manager role involves collaborating cross-functionally, working closely with senior management, and leading a finance/accounting team.

    ESSENTIAL DUTIES AND RESPONSIBILITIES Financial Analysis and Reporting:
    Conduct thorough financial analysis, utilizing data to uncover insights, trends, and areas for improvement. Prepare comprehensive financial reports, including statements, forecasts, and variance analysis, to support effective decision-making by senior management.

    General ledger activities including journal entries, monthly closing tasks and preparation of monthly supporting schedules will be necessary to support reporting and analysis.


    Budget Management:
    Development, monitoring, and management of budgets across departments; work collaboratively to ensure alignment with strategic objectives while identifying opportunities for cost optimization


    Risk Management:
    Identify potential financial risks and develop strategies to mitigate them; implement internal controls to safeguard assets, ensuring compliance with regulations and internal policies


    Financial Strategy:
    Play an instrumental role in shaping the company's financial strategy, contributing insights on resource allocation, investment opportunities, and revenue enhancement


    Team Leadership:
    Lead, mentor, and motivate a team of finance professionals by providing guidance that will foster a cohesive and productive environment, empowering team members to excel in their roles


    Collaboration:
    Collaborate with auditors, tax advisors, and external stakeholders to facilitate smooth audits and compliance. Manage banking partnerships.


    Cash Flow Management:

    Oversee cash flow by analyzing liquidity needs, optimizing working capital, and coordinating with departments to ensure efficient cash utilization.

    Manage the accounts payable accounting process including coding and matching GRN. Manage outside payroll processing vendor and collaborate with HR to ensure payroll is processed timely and accurately. * Must be willing to travel to facility in New Um, MN and be on-site 1 or 2 days per week


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