Commercial Finance Manager, Freight Car Products

It's not just about your career or job title... It's about who you are and the impact you will make on the world. Because whether it's for each other or our customers, we put People First. When our people come together, we Expand the Possible and continuously look for ways to improve what we create and how we do it. If you are constantly striving to grow, you're in good company. We are revolutionizing the way the world moves for future generations, and we want someone who is ready to move with us. How will you make a difference? The Commercial Finance Manager, Freight Car Products is responsible for overseeing and managing the commercial finance activities within the Wabtec Freight Car Products Group. These responsibilities include sales and gross margin analysis, revenue recognition, pricing analysis, accounts receivables collections and related activities, warranty analysis, and rebate calculations. This role will also perform other accounting related duties and prepare financial reports for internal and corporate use. This role will report to the Finance Director within the Wabtec Freight Car Products Group. What do we want to know about you? Education/Experience: Bachelor's Degree (B.S.) in Finance, Accounting, Economics, or related field 2+ years of progressive financial or operational experience in a large company Thorough understanding of US GAAP and Revenue Recognition policies Experience with fully integrated ERP systems - Oracle (or similar software) Strong Microsoft Office computer skills - Advanced Excel (Pivot tables, Power Pivot, Power Query, VLOOKUP, etc), Word, Outlook, PowerPoint. Ability to prepare well-constructed spreadsheets demonstrating a high degree of financial acumen Personal Skills and Characteristics Driven and enthusiastic with the ability to demonstrate a passion to contribute to achieving business goals Hands-on leadership style with strategic thinking, problem solving and analytical skills Strong judgment and decision-making skills Committed to driving change and accountability and implementing standard practices and initiatives Performs well with ambiguity and under pressure; can effectively cope with change and act without having the total picture Commitment to business ethics and integrity What will your typical day look like? Essential Duties and Responsibilities Overall commercial finance support for ~$300M sales across 6 sites in North America Perform sales and gross margin analysis across key business product lines, ensuring business profitability and escalating issues or improvement opportunities as fit Ensures appropriate revenue recognition in-line with US GAAP and business contracts Works directly with Customer Service, Sales, and Group Leadership to identify areas for pricing adjustments and optimization Manage the accounting for customer rebate and sales commissions programs, calculate accruals, compile sales data for payouts, maintain all supporting documentation. Review and establish credit limits for all new customers, perform credit reference checks, run D&B reports. Prepare analysis of Allowance for Doubtful Accounts, ensuring adequate provision is made. Assist in the monthly close process, prepare journal entries, and perform account reconciliations as assigned. Assist in preparation of monthly forecasts and annual financial plan for related areas. Perform other ad-hoc accounting assignments. Collaborate with various functions across the organization to identify and implement process improvements Ensures accounting procedures are documented and up to date. Supports internal and external audits involving review of accounting records and internal controls, including SOX. Partner with Finance Director on strategic initiatives and team development and objectives. Willingness to travel periodically to various sites across Chicago, Ohio, and Pennsylvania You may also be asked to perform other duties outside of your function or trade, for which adequate training will be provided if necessary. Relocation assistance may be provided if eligibility requirements are met. Wabtec will only employ those who are legally authorized to work in the U.S. for this opening. Any offer of employment is conditioned upon the successful completion of a drug screen (as applicable) and fitness for duty test (as applicable). Our Commitment to Embrace Diversity: Wabtec is a global company that invests not just in our products, but also our people by embracing diversity and inclusion. We care about our relationships with our employees and take pride in celebrating the variety of experiences, expertise, and backgrounds that bring us together. At Wabtec, we aspire to create a place where we all belong and where diversity is welcomed and appreciated. To fulfill that commitment, we rely on a culture of leadership, diversity, and inclusion. We aim to employ the world's brightest minds to help us create a limitless source of ideas and opportunities. We have created a space where everyone is given the opportunity to contribute based on their individual experiences and perspectives and recognize that these differences and diverse perspectives make us better. We believe in hiring talented people of varied backgrounds, experiences, and styles... People like you! Wabtec Corporation is committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or expression, or protected Veteran status. If you have a disability or special need that requires accommodation, please let us know. Who are we? Wabtec Corporation is a leading global provider of equipment, systems, digital solutions, and value-added services for freight and transit rail as well as the mining, marine, and industrial markets. Drawing on nearly four centuries of collective experience across Wabtec, GE Transportation, and Faiveley Transport, the company has grown to become One Wabtec, with unmatched digital expertise, technological innovation, and world-class manufacturing and services, enabling the digital-rail-and-transit ecosystems. Wabtec is focused on performance that drives progress and unlocks our customers' potential by delivering innovative and lasting transportation solutions that move and improve the world. We are lifelong learners obsessed with making things better to drive exceptional results. Wabtec has approximately 27K employees in facilities throughout the world. Visit our website to learn more! Our Commitment to Embrace Diversity: Wabtec is a global company that invests not just in our products, but also our people by embracing diversity and inclusion. We care about our relationships with our employees and take pride in celebrating the variety of experiences, expertise, and backgrounds that bring us together. At Wabtec, we aspire to create a place where we all belong and where diversity is welcomed and appreciated. To fulfill that commitment, we rely on a culture of leadership, diversity, and inclusion. We aim to employ the world's brightest minds to help us create a limitless source of ideas and opportunities. We have created a space where everyone is given the opportunity to contribute based on their individual experiences and perspectives and recognize that these differences and diverse perspectives make us better. We believe in hiring talented people of varied backgrounds, experiences, and styles... People like you! Wabtec Corporation is committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or expression, or protected Veteran status. If you have a disability or special need that requires accommodation, please let us know.

Created: 2024-11-05