Finance Manager

IMI plc

IMI plc is at the forefront of delivering motion and fluid control technologies that create a more sustainable world, improving the quality of life for our customers and communities and ultimately delivering our purpose of Breakthrough Engineering for a Better World.

Comprising of three specialist divisions: IMI Precision Engineering, IMI Critical Engineering, and IMI Hydronic Engineering, each is focused on collaborating with our customers to develop innovative solutions that solve their challenges and push the boundaries in our industry. Our one big team work fairly and effectively but most importantly together to ensure we maintain the foundations that have enabled IMI’s success through its 150-year heritage.

Norgren is part of global engineering organization IMI plc, positioned within the Precision Engineering Division.Role Overview

Playing an active role within the Site leadership Team, the Finance Manager will handle IMI Norgren's Finance and Accounting functions at the facility in Plymouth, MN. You will work closely with the General Manager and Corporate Finance Team to achieve company goals and values.

We are looking for...

--A strategic thinker who can provide insight and improvements to the site

--A highly motivated candidate with aptitude, attitude, and entrepreneurial spirit to provide hands on involvement in preparation of Trial Balance, Budgeting, Month end/year-end reporting, PnL, and Assets accounting.

--An exceptional business partner to the Site and Business unit management, improving transparency and driving business performance.

Work Location: Plymouth, MN – Hybrid work schedule.

Key Responsibilities

Internal Reporting

• Provide accurate and timely internal reporting on operating results and financial condition and support external reporting requirements.
• Responsible for development of internal financial reports and supporting external Financial Management Reporting for the site; utilizing Epicor ERP and COGNOS systems.
• Develop quarterly forecasts and annual budget in coordination with the site’s Senior Management team.
• Develop cash flow forecasting and maintain a long-term cash forecast.

Month End activities

• Perform administrative and clerical services that include processing of AR / AP, administration, and period end journals.
• Oversee monthly Trial Balance and ensure accurate month-end accruals are maintained.
• Manage the weekly Accounts Payable process with support from AP Specialist.
• Prepare Electronic files for Bank submission via Payment Manager and Positive Pay process. Initiate any outgoing wire transfer payments.
• Perform various reconciliations, problem solving as required.
• Provide guidance to site personnel on accounting and finance issues such as: financial practices, GAAP, IFRS, cost management, supply chain and manufacturing/operations.

Internal Control

• Ensure the adequacy of the accounting system as the basis for reporting to management and to comply with all internal IMI policies, relevant local, state, federal, and international regulations, and ensure filings are completed timely. Ensure effective follow up processes are in place.
• Monitor and ensure the site’s adherence to the Delegation of Authority document.
• Provide financial guidance and accounting leadership for annual physical inventory planning and counting.
• Assist in internal and external audit reviews where necessary.
• Ensure appropriate legal review of contracts and solicit internal legal advice as required.

Other

• Support preparation of Business Case analysis for proposed Capital Expenditure and New Product Development projects.
• Other related duties as assigned.

Critical Competencies for Success

• Bachelor’s degree in Finance/Accounting or similar
• Minimum of 3 years of relevant accountancy and/or management reporting experience.
• Experience with Epicor Vista/Vantage, IBM Cognos, or similar business management software(s).

What IMI can offer you

At IMI, one of our top priorities is to create an inclusive culture of health. We strive to remove barriers to care (whether that be physical or financial) and in doing so, we offer choice for all your health and wellbeing needs.

See below for a general overview of our amazing perks and benefits:

• Multiple health plans to choose from: HMO, PPO, and High Deductible Health Plans with a low-cost share
• Full suite of voluntary benefits to tap into, including but not limited to: Pet insurance, critical illness insurance, concierge services, legal insurance, commuter benefits (if applicable), and home & auto insurance.
• Employer contribution for Health Savings Account, and in many cases free virtual telemedicine, and teletherapy.
• Best-in-class 401K plan with zero vesting and up to 6% contribution matching.
• Mental Health and wellness programs to support you and your family.
• Short & long-term disability as well as basic life insurance at 2x your basic salary at no cost to the employee.
• Free financial advisors, webinars, and classes through Charles Schwab.

**Benefits plans change year over year, but we have guiding principles in place to ensure our employees have the tools and resources available to stay connected and up to date**

Health & Safety

The physical demands described within the Key Duties & Responsibilities section of this job description are required to perform the essential functions of this position. Reasonable accommodations may be made for individuals with disabilities. Please contact your local HR representative to discuss the specific Work Conditions and Physical Requirements of this role.

Health, Safety, and Environmental Duties – At IMI we are all personally committed to protecting our people, minimizing our impact to the environment, the communities we operate in and our company. All members of our workforce have the duty to ensure the health, safety and welfare of themselves, others, and the environment. Every employee is expected to follow all HSE operating procedures, also to challenge any observed behaviors or unsafe acts.

Code of Ethics

IMI requires the highest standard of ethics in all business dealings, particularly with customers, suppliers, advisors, employees, and the authorities. In accordance with the IMI Way: Our Code of Responsible Business.

Changes to This Job Description

IMI may amend this job description in whole or part at any time.

IMI is an equal opportunity employer. Qualified applicants will be considered without regard to age, race, creed, color, national origin, ancestry, marital status, affectional or sexual orientation, gender identity or expression, disability, nationality, sex, or veteran status.