Finance and FP&A Manager

Date: May 12, 2022

Location: Columbus, OH, US, 43219

Company: Lincoln Electric

Lincoln Electric Automation, a subsidiary of Lincoln Electric, specializes in supplying products such as ladles, sprayers, extractors, finishing equipment, and turnkey robotic systems. 

Req. ID: 21592 

Position Summary:  This position is responsible for supporting the business activities of the site as well as supporting the business activities linking strategies to performance metrics that are systematically monitored in order to drive the results of Global Automation. The person in the position must have an extensive and proven financial and accounting background to ensure compliance with Lincoln Corporate Policies and Procedures and all the rules and regulations issued by Federal, State and local government.   

 

This position works directly with the Senior Manager Finance, local site Departments, Operational Management, and Site General Manager related to the Columbus business activities.

 

This position also works directly with the Managing Director, FP&A Manager – Global Automation, and Site Finance Managers; most notably Site Finance Manager for Cleveland related businesses (Automation, Environmental, and Macomb Cobots)

 

The position also works closely with the Global Automation Controller, LEA Finance Department, LEA Shared Services, Corporate Financial Reporting, Corporate Tax, Corporate Legal, Internal Audit, customers, and vendors.

 

The major challenges to this position are coordinating the objectives of Business Partnering with Management, Financial Planning & Analysis, Lincoln Business Systems, LEA Finance Department, SSC, and the broader Global Automation Management.               

Primary responsibilities

  • Active member of the business unit executive management team, as the strategic Business Partner supporting Management, Commercial, and Operations teams of the site initiatives and more broadly Global Automation initiatives.
  • Providing direct oversight of our local site Finance related activities at Columbus site.
  • Provide Financial Planning and Analysis support shared across Cleveland related businesses (Automation, Environmental, and Macomb Cobots) on the SAP platform, as well as  Bettendorf, Columbus, Fort Collins, and future acquired businesses.
  • Support the US Automation business platform development and implementation. The platform includes specific reporting and tools (ie SAP BW, Salesforce, Smartsheet, Epicor, HFM, RPA, etc.)
  • Support the collaboration with business owners including sales, operations, marketing, corporate finance, IT, and subsidiaries to define business requirement and develop integrated technology solutions for the FP&A processes.
  • Ensure proper accounting treatment of revenue recognition on both a percentage-of-completion and completed contract basis including the reporting of job costing, WIP reporting, and labor and overhead reporting. 
  • Full ownership of the strategic planning process, budgeting, forecasting, pricing, capital investments, inventory management, and departmental cost activities as well as ad hoc analyses
  • Make recommendations to Management and LEA Finance to reduce operating costs and increase efficiency
  • Support, in conjunction with Management, SSC, Legal and Financial Reporting, the review of contracts and corresponding reporting
  • Work in coordination with management and SSC to maintain and enforce proper accounting methods, policies and principles in accordance with Lincoln standards including Corporate Policies and Procedures (U.S. GAAP), Corporate Reporting Standards, and Internal Controls (Sarbanes Oxley)
  • Apply a thorough understanding of the financial reporting, general ledger and departmental structures for all LEA sites.
  • Support accurate and timely monthly, quarterly and year end close reporting through Hyperion Financial Management templates, FDM reporting, and ARM
  • Support the resolution of accounting issues, fund requests, customer collections, vendor payments, non-routine transactions, order entry, invoicing, payroll, legal contingencies and other items as required
  • Interface with other departments to verify transaction report data and issues.
  • Review SOX, FCPA, and corporate compliance issues as they pertain to accounting and the overall business.
  • Support internal and external audit requests.
  • Assumes additional responsibilities, performs special projects as needed or directed by Management, operations and finance management.
  • Provide training to new and existing staff.
  • Assume additional responsibilities and internal projects as directed in support of the Company’s 2025 Strategy.

 

Qualifications required:

  • Bachelor’s Degree in Accounting or Business Administration (Finance) with a minimum of 5 years’ experience
  • Excellent communications, leadership and organizational skills
  • Excellent computer skills
  • High attention to detail and accuracy

 

Success factors/job competencies:

  • Develop and implement an accounting system that will ensure compliance with all Federal State and local regulations as well as quality systems
  • Develop, retain and motivate a competent professional staff capable of meeting established accounting and quality goals in a timely and efficient manner
  • Develop problem identification and resolution systems
  • Keep the LEA Finance and Management team informed through timely utilization of verbal and written reports
  • Regular and predictable attendance is an essential function of this job

 

Physical demands and work environment: The physical demands and work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • Physical demands: There is minimal reaching, bending and lifting in relationship to documents and stored records.
  • Work environment: Work is sedentary.  Normal office environment. Travel is minimal.

 

Performance standards:

  • Annual performance appraisal.
  • Attainment of annual goals established between supervisor and incumbent.

 

General sign-off: The employee is expected to adhere to all company policies while employed.

Qualified applicants will receive consideration for employment without regard to their race, color, religion, national origin, sex, protected veteran status or disability.

 

Lincoln Electric is a $3.2B publicly traded company (NASDAQ) with over 11,000 employees around the world.  With operations in over 56 manufacturing locations in 19 countries, we are well positioned to continue this partnership and poised to grow with our customers. As a part of that continuing legacy, you will contribute to a new generation of innovation and experience the pride that comes with being part of the solution to the world’s challenges.  It is a great time to be part of the welding industry!

 

Lincoln Electric does not accept unsolicited resumes from third-party recruiters.  Resumes submitted to any employee(s) of Lincoln Electric without a signed vendor agreement, by the Manager of Recruiting & Training, will become property of Lincoln Electric.  Verbal or written commitments from any other member of Lincoln Electric will not be considered binding terms.  Lincoln Electric will not pay a fee to any third-party recruiter that has not coordinated their recruiting activity through the Recruiting Department.

 

Employment Status: Salary Full-Time 
Function: Finance 
Section:  Wayne Trail Technologies (US76) 


EOE, including disability/veterans


Nearest Major Market: Columbus

Job Segment: ERP, Welding, SAP, Technology, Manufacturing