Finance Manager - Parker Aerospace Location: Akron, OH, United States Job Family : Finance/Economics Job Type : Regular Posted : Jun 17, 2024 Job ID: 49948 Back to Search Results Job Description Apply Now > Save Job Job Saved Parker Aerospace, an operating segment of Parker Hannifin Corporation, is one of the world's leading producers of flight control, hydraulic, fuel and inerting, fluid conveyance, thermal management, and engine systems and components for the aerospace industry. We design and build equipment for virtually every aircraft and aero engine being produced in the world today. In addition to game-changing technology, our customers look to us for shorter lead times, lower costs, higher reliability, and lifetime support. All coupled with the positive attitude and innovative thinking of a true business partner. Parker Aerospace provides unmatched performance for both our customers and shareholders, built on a foundation of core company values. As a result, our business growth is impressive and consistent. Best of all, our team members share in the success resulting from that growth. * We offer competitive vacation and 13 paid holidays * 401(k) with a 5% matching contribution with immediate investing * Competitive annual bonus incentive plan * Health and dental options effective day 1! As Finance Manager, you will be responsible for managing and executing consolidated financial forecasting, reporting, and analysis, enabling strategic decision making for the Aerospace organization of Parker Hannifin. You will play a crucial role in driving transformation and be a key interface with the organization's senior leadership team. Analyzing financial data and trends, preparing cash flow forecasts, profit & loss statements, and utilizing advanced analytics tools to provide strategic insights to support business decisions. This position requires a strong background in financial modeling, US GAAP revenue recognition experience, continuous improvement mindset, and a proven track record of effective business partnering. Essential Functions: Accounting & Controlling Process Support * Responsible for the preparing and consolidating Divisional financial forecasts, monthly, quarterly, and annually with a heavier focus on revenue and margin performance, ensuring accuracy, timeliness, and actionable insights * Participate in the formulation and analysis of the financial data used to guide operations; participate in the advance development and analysis of policy geared towards the refinement of financial management techniques * Support month end closing activities and post-closing variance analysis * Provide and analyze consolidated KPI reporting for, Sales, Margin, Cash Flow, and various other Functional Department Support * Act as a key finance partner to department heads and senior management, providing financial insights and recommendations to support strategic decisions and business planning * Collaborate with cross-functional teams to understand business needs and provide analytical support; focused towards Program Management, Operations/SIOP * Actively engage in the monthly Sales, Inventory, and Operations Planning (SIOP) process as the leading representative from Finance, offering next level thinking and guidance throughout the process Process Improvement: * Continuously assess and improve financial processes and systems to enhance efficiency, accuracy, and analytical capabilities * Champion initiatives that automate and optimize financial processes, reducing manual effort and increasing time for strategic analysis * Foster collaboration and learning between finance and other departments to refine cross-functional processes, ensuring more integrated and efficient operations across the organization Bu