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Finance Manager for Plant Operations

2 months ago


Cambridge, Ontario, Canada TENNECO Full time

Tenneco stands as a prominent entity in the design, manufacturing, and marketing of automotive solutions for both original equipment and aftermarket sectors, employing a diverse workforce across numerous global locations. Our four business divisions—Motorparts, Ride Performance, Clean Air, and Powertrain—are at the forefront of innovation in global mobility, providing technological advancements for various markets, including light vehicles, commercial trucks, off-highway applications, industrial sectors, motorsport, and aftermarket services.

Position: Finance – Controller

Location: Cambridge, Ontario

Reporting Structure: Regional Controller Operation NA / Plant Manager

Position Overview

The primary responsibility of the Controller is to establish and maintain robust financial controls, prepare essential financial data for effective management of the Cambridge operations, and provide guidance and support to management at both local and strategic business unit levels. This role collaborates with plant management by delivering critical financial insights and analyses to help achieve both plant and corporate objectives. The Controller ensures precise and timely financial reporting, oversees budget formulation, manages fixed asset accounting, coordinates audits, and conducts salary payroll preparation while maintaining the standard costs system. Additionally, this position assists in physical inventory management and reconciles results.

Key Responsibilities

Offer financial counsel and support to plant management in making pivotal business decisions, taking an active leadership role. Oversee all fundamental accounting operations promptly and accurately, devising methods to furnish management with crucial information necessary for achieving business goals. Generate reports on labor efficiency and productivity. Analyze and report results at the gross profit level, focusing on controllable expenditures, deviations from the annual operating plan, and manufacturing variances. Engage in identifying and executing cost-saving initiatives and enhancing working capital. Collaborate with corporate accounting by leading both strategic and non-strategic projects as needed. Prepare and present the annual operating plan. Manage the standard cost system effectively. Supervise and develop the accounting team at the Cambridge facility. Conduct capital forecasting and analysis. Support the economic value added (EVA) decision-making process. Oversee the reconciliation of general ledger accounts. Ensure timely submission of all financial models and information as required. Investigate opportunities for annual scientific research and development tax credits. Coordinate internal and external audits while maintaining comprehensive working papers. Adhere to quality standards (QS9000/ISO/TS16949/ISO14001) to facilitate re-certification. Collect and report monitoring data in alignment with the environmental, health, and safety (EHS) management system. Strive to meet corporate EHS objectives. Understand and comply with all EHS policies. Participate in EHS teams and committees. Promote EHS initiatives and activities. Report any opportunities for improvement and EHS-related issues. Halt any work activities that pose EHS hazards.

Required Qualifications

Canadian Accounting Designation (CPA, CMA, CGA, CA). A minimum of 5 years, ideally 7 to 12 years of experience in accounting within a manufacturing context. Proficiency in SAP (ERP system). Exceptional written and verbal communication abilities. Capability to deliver professional presentations. Ability to work independently under pressure, with flexibility to adapt priorities as necessary. Competence in managing multiple priorities and meeting deadlines.

We prioritize the safety and well-being of our employees. We adhere to social distancing guidelines and other protocols to ensure a secure work environment for everyone.