Finance Manager
Lincoln Electric is the world leader in the engineering, design, and manufacturing of advanced arc welding solutions, automated joining, assembly and cutting systems, plasma and oxy-fuel cutting equipment, and has a leading global position in brazing and soldering alloys. Lincoln is recognized as the Welding Expert™ for its leading materials science, software development, automation engineering, and application expertise, which advance customers' fabrication capabilities to help them build a better world. Headquartered in Cleveland, Ohio, Lincoln Electric is a $4.2B publicly traded company (NASDAQ:LECO) with over 12,000 employees around the world, with operations in 71 manufacturing and automation system integration locations across 21 countries and maintains a worldwide network of distributors and sales offices serving customers in over 160 countries.
Location: Plymouth - 46247
Employment Status: Salary Full-Time
Function: Finance
Req ID: 27409
Position Summary
This position is responsible for supporting the business activities of the site including all areas relating to financial reporting, budgeting and forecasting, governmental regulations, and supporting the accounting functions provided by the LEA Shared Services Center as well as maintaining a strong internal control structure. 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.
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 GADS and Global Automation initiatives.
- Providing direct oversight of our local site Finance team and Finance related activities at RedViking site.
- Provide Financial Planning and Analysis support shared across GADS business and future acquired businesses.
- Support the GADS business platform development and implementation. The platform includes specific reporting and tools (ie Salesforce, Smartsheet, Kinetic (Epicor), HFM, RPA, SAP BW, etc.)
- 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, Internal Controls (Sarbanes Oxley), and governmental accounting regulations (FAR and CARS reporting).
- Apply a thorough understanding of the financial reporting, general ledger and departmental structures.
- 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, as needed and conduct written performance evaluations of assigned employees using proper evaluation and documentation methods that result in goal setting for and with the assigned employee.
Qualifications Required
- Bachelor’s Degree in Accounting or Business Administration (Finance) with a minimum of 8 years’ experience
- Project accounting experience required
- Develop 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 management team informed through timely utilization of verbal and written reports
- Governmental or Defense contract accounting experience preferred
- Kinetic and/or SAP experience preferred
Lincoln Electric is an Equal Opportunity Employer. We are committed to promoting equal employment opportunity for applicants, without regard to their race, color, national origin, religion, sex (including pregnancy, childbirth, or related medical conditions, including, but not limited to, lactation), sexual orientation, gender identity, age, veteran status, disability, genetic information, and any other category protected by federal, state, or local law.
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