· Planning & Forecasting- Coordinate the plant and administrative annual planning with preparation of the plant budget, monthly forecasts, and ongoing reporting and analysis of actual costs vs, budget, key drivers of variances, and identifying opportunities for cost management. This includes certain weekly spend and KPI reporting.
· Collate labor straight time and overtime daily and review with plant management.
· General Accounting – Ensure compliance with policies and procedures in accordance with Vietnam Accounting Standards with respect to period recognition of costs, capital vs. expense, accruals, etc. Implement Standard Operating Procedures and make recommendations to improve them for potential adoption across all plants. Support internal and external audit requirements according to the PBC listing.
· Month- end Close and Financial Reporting- Responsible for monthly accounting close and reporting cycle, including balance sheet account reconciliations, key statistical entries, manufacturing variances and other financial reporting requirements.
· Ensure correct codifications of expenses are in line with company standards.
· Annual Budgeting- Guide and support the plant operations and supply chain teams through the annual budget cycle and re- forecasts.
· Cost Accounting- Responsible for maintaining standard costs, bill of material cost rolls, periodic full standard cost roll updates, PPV analysis, monthly journal entries, and labor & overhead analysis and reporting. Partner in plant problem solving and Continuous Improvement (CI) teams as finance subject matter expert by providing manufacturing trouble shooting, ideation, support and analysis in such areas as process performance, line efficiency, OEE, scrap reduction, E&O reduction and control, inventory carrying cost, capital spending, inventory management, customer service objectives, production costing, and cost reduction.
· Spend Analysis and Control – Drive investigations in weekly/monthly dashboard of spending, highlighting opportunities for improvement.
· Monitors spending on key categories to include maintenance, supplies, and consumables, and support company initiatives to reduce spending.
· Recommend ideas and collaborate around driving working capital improvement plans.
· Support analysis and commentary of drivers behind variances, month to month vs. prior year, and forecast and budget.
· Partners with the Vietnam President, Director of Production, Planning, Sourcing and Procurement and Vietnam Operations team in all their financial reporting and analysis needs.
· Internal Controls – Monitor and implement plant internal controls (in conjunction with corporate policies) as necessary to ensure reporting integrity, safeguard company assets, and identify risks.
· Review production variances (materials & labor) with management and help drive to root cause.
· Data Integrity – Ensure that plant activity for production, shipments, receipts, internal transfers, plant expenses, and inventory adjustments are recorded timely and accurately so that information in the systems can be relied upon for accounting, financial reporting, supply chain execution, and analysis.
· Regulatory filings – Responsible for ensuring all regulatory forms have been filed and documentation is maintained to support the filings. Point of contact for all financial and tax filing questions in Vietnam.
· Review, investigate variances to identify root cause, drive process change/control to eliminate variances, and approve inventory cycle counts inter- month and period- end physicals in- line with Company instructions, document results, and suggest improvements.
· When required, participate in capital expenditure development, and post spend audit?
· Collaborate with Product Development, Sourcing, and Operations to build product costs that support customer quoting activities.
· Ad Hoc analysis and other tasks as assigned.
· Special Projects – Lead or assist special projects from time to time as part of the Corporate Finance team.
· Key member of team identifying and driving implementation of cost out opportunities
