Regional Accounting Senior Manager

Key Responsibilities:

1. Accounting & Financial Operations

• Provide strong leadership, direction, and management for the regional finance and accounting teams, including performance management and professional development.
• Oversee the month-end and quarter-end close processes, ensuring the timely, accurate, and consistent reporting of financial information in compliance with U.S. GAAP.
• Collaborate with the site’s accounting, Corporate Accounting and Shared Services teams to manage day-to-day accounting processes, including Accounts Payable, Accounts Receivable, and General Ledger operations.
• Drive continuous improvement and process standardization in all accounting operations and financial reporting systems to enhance efficiency and reduce costs.

2. Inventory Management & Cost Accounting

• Lead all financial aspects of regional inventory management, including oversight of inventory valuation, WIP (Work-in-Process), Finished Goods (FG), Goods in Transit (GIT) and E&O accruals.
• Ensure the accuracy of manufacturing cost & profit centers and product costing methodologies in collaboration with site finance and operational teams.
• Monitor working capital requirements, specifically focusing on inventory levels, and drive cross-functional initiatives to resolve financial gaps like unaccounted or negative WIP and FG quantities identified through internal audits.
• Function as the subject matter expert to advise site finance and operations on inventory control best practices and cost reduction initiatives.

3. Internal Controls & Compliance

• Act as the regional steward of compliance & controls, securing the sites’ highest level of adherence to company policies, U.S. GAAP, and regulatory requirements, including Sarbanes-Oxley (SOX). 
• Oversee the effective design, execution, and management of the sites’ Internal Controls Over Financial Reporting (ICFR) cycle and the regional risk assessment process.
• Serve as a key change agent, utilizing strong influencing skills to drive the adoption of standardized controls and process improvements across diverse regional sites.
• Partner with cross-functional leadership to proactively evaluate system and policy changes, ensuring a compliant and efficient risk environment during organizational transitions.
• Serve as the primary liaison for both internal and external auditors and managing the timely remediation of all audit findings.

4. CAPEX process and governance management 

• Ensure all capital investment requests for the region are directly aligned with the company's long-term business strategy, growth plans, and financial objectives
• Maintain strict financial control over the regional CAPEX budget, ensuring accurate accounting, forecasting, and reporting.
• Implement and enforce a standardized, robust, and transparent regional CAPEX approval and tracking process.
• Systematically track the performance of completed CAPEX projects to validate the original business case and forecast.