Headwater Wholesale Finance Manager - Madison, WI
Headwater Wholesale is part of the largest national wholesaler (a division of Headwater Companies www.headwaterco.com ) in the United States, specializing in water equipment components for the residential, commercial, and irrigation systems installed by our customer, the professional contractor. (no homeowners). We are known in our local markets as having quality service, long-term quality people, and only representing the top manufacturers in the industry. Headwater Companies is a Division of Franklin Electric, a publicly traded company on the NASDAQ stock market under the symbol FELE.
Join the Headwater Wholesale team where you are valued, treated well, and part of a respected, winning organization!
GENERAL DESCRIPTION OF POSITION:
Responsible for managing the commercial accounting records, financial reporting, forecasting, and budgeting of management functions. Ensures accounting procedures conform to generally accepted accounting principles and with overall Headwater Companies guidelines.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
- Directs financial planning and budget management functions for specific business units.
- Performs monthly journal entries in accordance with GAAP.
- Maintains a system of controls over accounting transactions and reviews expenses and balance sheet reconciliations for accuracy.
- Recommends benchmarks for measuring the financial and operating performance of divisions and departments within Headwater business units.
- Monitors and analyzes monthly operating results against budget, forecast and prior year.
- Prepares financial outlooks and financial forecasts.
- Conducts financial analyses for capital expenditure and product investment decisions.
- Assists with financial audits and provides recommendations for procedural improvements.
- Interfaces with corporate finance for reporting and data management functions.
- Issues timely and complete financial statements.
- Participates in development and administration of programs and procedures for orientation and training of new employees as appropriate.
- Provides ADHOC and scheduled reporting for decision making and metric tracking for all departments across the organization.
- Oversees Sales Deduction accruals, including Rebates, Prompt Payment and other programs.
- Calculates Sales Commissions and oversees Independent Rep Commission payments for accuracy, timeliness and completeness.
- Performs other related duties as required or assigned.
POSITION QUALIFICATIONS:
Skills and Abilities:
- Strong collaboration and communication skills across multiple departments. Both verbal and written at all levels of the organization.
- Utilizes common-sense understanding in order to carry out written, oral, or diagrammed instructions.
- Strong analytical and problem-solving skills with attention to detail while maintaining a "big picture" business perspective.
- Plans the time, method, manner, and/or performance sequence of own work; may also occasionally assist in planning work assignments performed by others within a limited area of operation.
- Frequently makes decisions of both minor and major importance, which may affect the work operations of other employees and/or clientele to a moderate degree.
- Understands accounting principles.
- Understands Sarbanes-Oxley Act (SOX).
- Travel up to 10%
Pay: $70,000.00 - $85,000.00 per year
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