Holds responsibility for the complete financial integrity of multiple facilities including integrity of all assets, inventory control, product costing, factory reporting and account reconciliations. Supports the site Operations management teams in the pursuit of continuous improvements in cost, quality & delivery performance of the manufacturing sites.
Position Description & Requirements:
Participate with the plant management staff in the areas of maintaining control over the operation, strategic planning, long range planning, and special studies and analysis as required to fulfill the function.
Act as financial expert on local project teams to support decision making•Have a close understanding of the sites' products, manufacturing processes, vendors, markets, etc.
Provide 'cost leadership' identifying opportunities to improve the efficiency of business processes
Identify opportunities in support of site objectives in terms of cost reduction, lead-time and inventory improvements. Ensure financial impacts are properly validated and tracked in accordance with the company guidelines.
Will assure that financially sound internal control procedures exist throughout the plants, conduct audits and revision of procedures as required. Maintain knowledge of latest accounting policies, practices and procedures to ensure integrity and compliance of financial statements.
Responsible for submission of the complete and thorough plant budgets and forecasts as required by the central Operations Finance function.
Issue in accordance with Operations and Accounting policy, periodic reports to control plant operations and to inform management of the variances from budget and forecast. Recommend changes to enhance results.
Responsible for all aspects of standard cost, including the annual and interim revisions of all standards.
Reviews capital expenditure requests as required by the site in accordance with company guidelines and strategic direction.
Provides product line margin and cost analysis in support of key franchise portfolio decision-making, including Service & Repair as applicable.
Responsible to organize, train and develop team as required in support of the function.
This position is required to assure compliance of Company operations to all applicable laws, regulations and standards, good business practices and company documented procedures (including knowledge of all standards, government occupational health and environmental regulations and statutes related to the site).
Engage others, promote, and participate in Environmental, Health and Safety initiatives, focusing on continuous improvement.
Technical Knowledge and Skills:
Bachelor's degree in Accounting or related field required
7-10 years of experience in Operation Accounting preferred
Proficient in MS Suite including Excel and Access
Strong financial/accounting skills
Knowledge of manufacturing ERP systems
Oracle experience a plus
Full responsibility for standard costing
Strong communication skills
Demonstrated high-level partnership with Operations leaders
Strong ability to create dynamic financial modeling and support strategic decision making process
Critical thinking and agile mindset
Planning and Decision Making:
High level of responsibility for budget planning and forecasting
Ability to make high-level spending decisions for the facility, including investments and make vs. buy
Ability to work independently and make decisions with little or no supervision
Impact and Scope:
Direct impact on financial results for the facility
Acts as key strategic planner, decision maker, and problem solver within the sites
Errors could impact bottom line profitability
Responsible for site financial stewardship and compliance with IFRS guidelines and Internal/External audit controls
Key Internal and External Relationships:
All internal facility managers and employees
Director of Operations and VP of Regional Operations
Finance department employees throughout the company
Company Overview: At Smiths Medical, we are passionate about improving and saving the lives of patients through high quality, innovative medical devices and services. We are a leading global manufacturer of specialty medical devices that provides innovative and lifesaving solutions for the world's healthcare markets. Specializing in Infusion Therapy, Vascular Access, Vital Care, and Specialty Products & Services, our products are found in hospital, emergency, home and specialty care environments and are used during critical and intensive care, surgery, post-operative care and for supporting managing chronic illness. Smiths Medical is an EEO/AA Employer/Vet/Disabled If you require assistance with our online job submission process, please contact our Talent Acquisition team at to request an accommodation. Additionally, Smiths Medical invites interested deaf and hard of hearing applicants to use Video Relay Service (VRS). .