Financial Manager Headquartered in Oak Brook, Illinois, with plants strategically located across the USA, Novipax is safeguarding the future by partnering with fresh protein and produce processors, grocery retailers, foodservice providers, packaging distributors, and healthcare providers to deliver absorbent solutions that protect packaged fresh food and healthcare professionals and patients. Novipax manufactures a suite of category-leading absorbents, including Dri-Loc, Pad-Loc, Multi-Loc and Prep Pads, and the revolutionary active absorbents Dri-Loc XtendaPak and UltraZap XtendaPak. We believe in Protecting the Things That Matter Most. This is a workplace where your team members have your back—and are pulling for you to succeed. Where family comes first and community counts. If there's one thing that defines the Novipax team, it's that we win together. This role plays a crucial role in managing and overseeing the financial health of the production operations.
Key Responsibilities: Financial Reporting and Analysis:
- Prepare and review accurate and timely financial statements
- Conduct variance analysis to explain deviations from budgets and forecasts.
- Analyze manufacturing costs, margins, and variances to support operational efficiency and cost optimization.
- Provide insights and recommendations to management for informed decision-making.
- General Ledger and Month-End Close:
- Oversee and manage the general ledger, ensuring proper recording and classification of transactions.
- Execute month-end and year-end closing processes.
- Perform monthly account reconciliations to ensure accuracy.
- Cost Accounting and Inventory Management:
- Develop, maintain, and understand standard costs for manufacturing.
- Monitor and analyze manufacturing costs, including raw materials, labor, and overheads.
- Track inventory, ensuring accuracy and validity through reconciliation and cycle count reporting.
- Collaborate with production and operations teams to improve yield and efficiency, identifying cost-saving opportunities.
- Compliance and Internal Controls:
- Ensure compliance with GAAP and relevant financial regulations.
- Assist with internal and external audits, including preparing documentation and providing support.
- Assist with tax preparation and compliance (income tax, sales tax, etc.).Budgeting and Forecasting:
- Contribute to the budgeting process, assisting in the creation of budgets and financial forecasts.
- Provide insights for future financial planning and goal setting.
- Preferred Experience and Competencies:
Education: Bachelor's degree in accounting or finance
Experience:
Minimum of 3-5 years of progressive accounting experience, with experience in a manufacturing environment being preferred.
Technical Skills:- Proficiency in accounting software, IQMS experience is a bonus.
- Expertise in Microsoft Excel, including manipulating large datasets and financial modeling.
- Understanding of U.S. GAAP as it applies to a manufacturing environment.
- Knowledge of standard costing in a manufacturing environment.
- Soft Skills:
- Strong analytical and problem-solving skills.
- Excellent communication and interpersonal skills, both written and verbal.
- Attention to detail and accuracy.
- Ability to work independently and as part of a team, manage multiple tasks and meet deadlines.
Novipax is successful because of the diversity of our talented Crew. We are an equal opportunity employer and consider and embrace individuals and what makes them, them. We believe our employees should be happy and healthy, with peace of mind and a sense of fulfillment. We provide our employees with competitive compensation, comprehensive benefits, opportunities for career development, and a balance. We encourage all individuals to apply for positions that fit their passions. We thank all applicants in advance for their interest in this position; however, only those selected for an interview will be contacted.
