F&A Manager

Company Name:

ASTEMO INDIANA, INC.

Job Family:

Finance

Job Description:

Summary

Directs and leads all Finance & Accounting activities for the manufacturing site, serving as the senior financial leader and strategic business partner to the Plant Head and site leadership team. Accountable for the integrity of the site’s financial statements, compliance with IFRS and company policies, stewardship of assets, working capital performance, cash flow management, internal controls, and achievement of financial and operational objectives.

Provides leadership over all Finance & Accounting functions including financial reporting, general accounting, cost accounting, fixed assets, budgeting, forecasting, business performance management, product profitability, inventory management, internal controls, and audit compliance.

• Scope Overview (Over next 1-3 years)
• Site Annual Revenue: $750M-$1200M
• Annual CapEx: $150M-$250M
• F&A Direct Reports: 1-2 undefined
• Financial Stewardship & Governance

Serve as the senior financial leader for the manufacturing site with overall accountability for financial integrity, compliance, and business performance.

Ensure accuracy and completeness of Balance Sheet, Income Statement, and Cash Flow Statement reporting in accordance with IFRS and corporate policies.

Own the monthly financial close process and ensure timely, accurate, and transparent financial reporting.

Maintain effective internal controls over financial reporting, inventory, fixed assets, purchasing, and cash management.

Lead internal and external audits and ensure timely resolution of findings.

Ensure compliance with accounting standards, company policies, and governance requirements.

Support Customer quote rates & occasional Actual vs Quote reviews

Business Performance Management

Lead annual budgets, monthly forecasts, strategic plans, and long-range financial planning.

Drive Business Performance Reviews (BPR), KPI reporting, gap analysis, and recovery tracking.

Provide financial leadership and decision support to site leadership on operational, commercial, and investment decisions.

Analyze profitability, productivity, cash flow, and operational performance and recommend corrective actions.

Manufacturing Finance & Cost Management

Lead standard costing, inventory valuation, variance analysis, and product profitability reporting.

Lead financial activities for physical inventories for both the manufacturing site and distribution warehouse.

Monitor labor efficiency, material usage, absorption, scrap, and manufacturing variances.

Partner with Operations and Supply Chain to drive cost reduction and productivity improvements.

Working Capital & Cash Flow Management

Lead site working capital initiatives including inventory and cash flow improvement.

Monitor Cash Conversion Cycle (CCC), Working Capital, and Free Cash Flow performance.

Develop action plans to improve cash generation and optimize working capital.

Capital Investment & Asset Management

Lead financial evaluation, tracking, and reporting of capital expenditures.

Lead the annual fixed asset physical inventory.

Ensure proper capitalization, depreciation, impairment assessment, and safeguarding of fixed assets.

Monitor capital spending against approved budgets and expected returns.

Leadership & Organizational Development

Lead, develop, and mentor Finance & Accounting personnel.

Drive accountability, continuous improvement, and cross-functional collaboration.

Support succession planning and organizational capability development.

Systems & Continuous Improvement

Lead or support ERP implementations, automation initiatives, and process improvements.

Promote standardization and best practices across Finance & Accounting processes.

• Key Performance Indicators (Included but not limited to)
• IFRS Operating Profit, EBITDA, Operating Margin
• Forecast Accuracy and Budget Achievement
• Working Capital and Free Cash Flow
• Inventory Accuracy and Inventory Turns
• Material Usage Variance, Labor Efficiency Variance, Manufacturing Absorption, Scrap Rate
• Audit Findings and Internal Control Compliance
• Financial Close Timeliness and Balance Sheet Reconciliation Completion
• Employee Development, Retention, and Succession Readiness
• Authority & Decision Rights
• Monthly financial statement certification
• Forecast submission approval
• Budget submission approval
• Inventory reserve review and approval
• Capital expenditure financial review
• Audit response ownership
• Internal control certification
• Balance Sheet & Cash Flow Management

Qualifications

• Education: Bachelor’s Degree in Accounting, Finance, Business Administration, or related field highly preferred.  CPA, CMA, MBA, or other relevant professional certification preferred.
• Experience: 10+ years of progressive Finance & Accounting experience in a manufacturing environment, including leadership responsibilities. Experience in automotive manufacturing and multi-site operations preferred. Demonstrated experience in financial reporting, cost accounting, budgeting, forecasting, internal controls, working capital management, and business partnering.
• Knowledge, Skills & Abilities
• Strong understanding of IFRS, financial reporting, internal controls, and manufacturing accounting.
• Expertise in cost accounting, inventory valuation, variance analysis, and product profitability.
• Strong analytical, problem-solving, and decision-support capabilities.
• Ability to effectively communicate financial information to both financial and operational leadership.
• Demonstrated leadership, coaching, and team development skills.
• Advanced Microsoft Excel skills including Power Query, Power Pivot, and financial modeling.
• Experience with ERP systems required; SAP S/4HANA strongly preferred.
• Knowledge of SQL, business intelligence tools, data analytics, and financial reporting automation preferred.
• Experience supporting ERP implementations, process improvements, and digital transformation initiatives preferred.
• Working Conditions
• On-Site work environment required to support manufacturing operations, cross-functional collaboration, and leadership responsibilities. Position is expected to be on-site five days per week, subject to business needs and company policy.
• Domestic and occasional international travel may be required to support regional meetings, audits, training, system implementations, and operational initiatives.
• Ability to work in both office and manufacturing environments. Position may require extended hours during month-end close, budgeting, forecasting, audits, physical inventories, and other critical business cycles.
• Equal Opportunity Employer (EOE) – Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender, identity, disability, protected veteran status and national origin.
• At Astemo, we’re challenging the status quo with the power of diversity, inclusion, and collaboration. Our goal is to build an inclusive work environment that celebrates the differences of our employees. We want to ensure that every employee feels valued, respected and empowered. We don’t just accept difference—we celebrate it, we support it, and we thrive on it for the benefit of our employees, our products, and our community. Astemo is proud to be an equal opportunity employer.
• If you need a reasonable accommodation to apply for a job at Astemo, please send the nature of the request and contact information to am-jobs@hitachiastemo.com when applying for the position.