Manager, Finance

Magellan Aerospace is a global, integrated aerospace company that provides complex assemblies and systems solutions to aircraft and engine manufacturers, and defence and space agencies worldwide. At Magellan we have over 80 years of collective knowledge and experience in the aerospace industry, and believe one truth:
People create value.

Employees are our greatest resource in working towards a successful future, and together we build professional relationships that thrive. We know that personal development is fundamental to the success of every individual and invest in our employees.

When you are part of Magellan, you are part of the team!

Magellan Aerospace, Haverhill is a world-class manufacturer of precision machined aerospace components. We have an exciting opportunity for a Finance Manager. The successful incumbent will plan, organize, direct, and control the accounting and control function of the division, report operational results, and provide chronological systems.

The Salary range for this Position is $115,000 - $135,000 Annual

• Coordinates and administers an adequate plan for the control of operations. Such a plan provides profit planning, sales forecasts, expense budgets, accounts receivable, cost standards and saving opportunities, and capital investing, together with the necessary controls and procedures to effectuate the plan.
• Compares performance with operating plans and standards. Provides reports and interprets the results of operations to all levels of management. This includes the formulation of accounting policies, the preparation of financial statements and operating data, the coordination of systems and procedures, and special reports as required.
• Forecasts short-range and long-range cash requirements and obligations, as a basis for maintaining adequate funds.
• Assures protection for the assets of the business through internal control, internal auditing, and ensuring proper insurance coverage.
• Monitors credit and collection applications. Approves terms above a predetermined dollar amount.
• Assists Programs in establishing and maintaining product pricing policies.
• Provides other company units with related information required by them to carry out their assigned responsibilities.
• Establishes and implements a sound operational and organizational plan in direct support of the business plan.
• Keep the Division Manager informed of the division’s performance and provides advice on all financial matters.
• Executes cash disbursements for payment of corporate and divisional expenditures in accordance with disbursement and policies.
• Monitors inventory levels and advises management regarding variances to budget.
• Develops and presents to the Division Manager, matters requiring his or her decision.
• Assumes other special activities and responsibilities as required
• Develops and recommends budget. Authorizes expenditures in accordance with budget. Approves budget and expenses of subordinates.
• Develops short- and long-range operating objectives, organizational structure, and staffing requirements.
• Assures that the duties, responsibilities, and authority of each job are clearly defined, effective, and communicated to incumbents.
• Assures that management training and development needs are identified and programs initiated.
• Assures that qualified personnel are selected and that orientation and on-the-job training programs are conducted and effective.
• Develops an adequate plan for backup and succession of management and other key personnel.
• Monitors performance of direct reports. Provides prompt and objective coaching and counseling. Reviews direct reports and approves performance appraisals initiated by direct reports. Ensures that an MBO-based performance appraisal…