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Manager - Plant Finance (m/w/d)

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AAM - American Axle & Manufacturing

21d ago

  • Job
    Full-time
    Senior Level
  • Hausach
  • Quick Apply

AI generated summary

  • You should have a degree in finance/accounting, extensive financial management experience in manufacturing, strong analytical skills, and be fluent in German and English. ERP experience is a plus.
  • You will manage financial planning, lead the finance team, ensure compliance, oversee budget and inventory, monitor risks, and drive cost initiatives while communicating financial matters to corporate.

Requirements

  • Degree in finance, accounting or a related field
  • Profound experience in financial management, ideally in a manufacturing or technology environment
  • Proven experience in financial analysis, budgeting and forecasting
  • Excellent analytical and problem solving skills
  • Experience working in a dynamic environment and the ability to adapt quickly and act proactively
  • High level of independence and the ability to work as part of and inspire a team
  • Experience with the implementation of ERP systems is an advantage
  • Strong communication skills in German and English to work effectively with teams in Germany and internationally

Responsibilities

  • Forecast, budget & long range financial planning: prepare and maintain approved local capital plan appropriation requests, write process and follow to approval local staffing
  • Hire, coach, train and mentor finance team members
  • Monthly close
  • Ensure policy compliance and internal controls
  • Ownership of balance sheet: coordination/planning with corporate - compliance with policies, account reconciliation and review
  • Monitor and evaluate risks the business unit faces: coordinate plans with management
  • Establish and drive execution of productivity and cost reduction initiatives
  • Coordination of inventory valuation and API's
  • Labor negotiation costing and modeling
  • Preparation and ownership of ABC cost and part profitability
  • Timely communication of financial matters to corporate, including matters that may require special accounting treatment, items that are material (whether routine or not)
  • Develop processes and set infrastructure to measure, understand and monitor business unit results relative to action plans and milestones
  • Ensure compliance with local taxation

FAQs

What is the primary responsibility of the Manager - Plant Finance position at AAM?

The primary responsibility involves managing financial records, ensuring compliance with US GAAP, preparing and analyzing financial statements, and providing strategic advice to support informed decision-making.

What qualifications are required for this role?

A degree in finance, accounting, or a related field is required, along with profound experience in financial management, ideally in a manufacturing or technology environment.

What skills are essential for the Manager - Plant Finance role?

Essential skills include strong analytical and problem-solving abilities, experience in financial analysis, budgeting, and forecasting, as well as excellent communication skills in both German and English.

Is experience with ERP systems necessary for this position?

While not mandatory, experience with the implementation of ERP systems is considered an advantage.

Are there opportunities for team development and leadership in this role?

Yes, the role includes hiring, coaching, training, and mentoring finance team members, which supports team development and leadership.

What kind of work environment can I expect in this position?

You can expect a dynamic work environment that requires the ability to adapt quickly and act proactively.

Will I be required to communicate financial matters to corporate management?

Yes, you will be responsible for timely communication of financial matters to corporate, including those requiring special accounting treatment or that are material.

Are there any specific compliance responsibilities in this role?

Yes, ensuring adherence to local taxation laws and company policies, as well as maintaining internal controls, is part of the responsibilities.

What kind of initiatives will I be involved in regarding cost management?

You will establish and drive execution of productivity and cost reduction initiatives as part of your role.

What is AAM's core business focus?

AAM is a leading global Tier 1 Automotive and Mobility Supplier that designs, engineers, and manufactures Driveline and Metal Forming technologies to support electric, hybrid, and internal combustion vehicles.

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AAM - American Axle & Manufacturing

We are AAM. We are Bringing The Future Faster.

Automotive
Industry
10,001+
Employees
1994
Founded Year

Mission & Purpose

As a leading global Tier 1 Automotive and Mobility Supplier, AAM (NYSE: AXL) designs, engineers and manufactures Driveline and Metal Forming technologies to support electric, hybrid and internal combustion vehicles. Headquartered in Detroit with nearly 85 facilities in 18 countries, AAM is bringing the future faster for a safer and more sustainable tomorrow.