MGR I FINANCE- PLANT OPERATIONS

Job Overview

Responsible for providing financial support and performance analysis to the global/regional operations and plant management teams. The role requires an exceptional business partner to drive organizational success through the development and execution of financial strategies. Key responsibilities include managing a team of operational financial analysts/plant controllers, consolidation and analysis of actual results/forecasts/budgets, conducting monthly plant reviews, product/conversion/material productivity analysis, driving freight/inventory reductions, and supporting capital investments. The position also requires coordination with the regional/global BU supply chain team.

What you background should look like:

TE DDN's Finance Team is currently seeking an Mgr I Finance – Mfg & Operations for key manufacturing site located in Penang. The site is currently at an expansion stage and exciting environment, with growth driven by footprint migrations. 

Planning and Budgeting

• Job duties include preparation of quarterly forecasts, annual outlook, close activities and various other ad hoc analyses. The role will be responsible for accurate financial consolidation and analysis to make recommendations to management based on findings and results.
• Lead monthly analysis on the gross margin/MVAR to completely understand variances of actual results, identifying and quantifying trends that can be expected to continue and one-time impacts.
• Provide financial support, analysis and recommendations on all aspects of Operations Finance including but not limited to productivity, capacity analysis, inventory, scrap, costing, fixed expenses, and cycle counts.
• Coordinate and drive the forecast and budget process.
• Partner with Ops team in preparation/validation of and follow up on Capital Equipment Requests (CER). 
• Perform analysis and reporting on inventory, work order variances, PPV, and subcontracting/outside vendors.
• Lead/support a full annual physical inventory.

Drive activities to continuously improve KPI

• Review and approve savings projects in TEBIT and monitor achievement.
• Effectively partner with Operations, Commercial Finance, Controlling, BU Finance, FP&A, and other Operations Finance colleagues.

GAAP/IFRS/Ethics Compliance & Internal Control

• Perform tasks in compliance with IFRS to maintain a strong control environment for accurate statement of balance sheet and P&L.
• Support aspects of asset management including asset capitalization/disposal efforts, intercompany asset transfers and overall inventory accuracy.
• Drive continuous improvement through TEOA-F.
• Front line role includes educating and training to different Depts
• Zero tolerance for compliance missteps-Understand TE’s compliance programs
• Case lesson learn and corrective action and sharing
• Internal Audit/Compliance key contact window
• DoA/SoD review and updates

People Management

• Build-up new team for new expansion needed
• Coach mindset of self-assessment and analysis in advance for all kinds of reporting, try to prepare reports from customer perspective (BU Finance, Ops, PM Finance)
• Effectively communicate with team through a routine cadence of meetings
• Encourage team do sharing during dept meeting, encourage open mindset to release full potential
• In order to achieve targeted team performance and retain talent.

Qualifications

• Bachelor’s Degree in Finance or Accounting required.
• Master’s Degree / MBA preferred.
• 7+ years Controlling experience in a manufacturing environment
• Strong analytical skill
• Ability to interact effectively with all levels of the organization.
• Excellent interpersonal and communication skills
• Competence with Microsoft Office Package required
• Knowledge of SAP ERP software strongly preferred
• Good understanding of financial analysis, financial modeling, forecasting and reporting
• Grasp of standard costing and manufacturing variance analysis
• Working knowledge of basic principles of Manufacturing, Quality and Supply Chain

Competencies