Business Unit Finance Manager - Metalworking

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Serving customer and community starts with the very best people doing their very best work. That is precisely what we have at MSC Industrial Supply Co., a leading North American distributor of metalworking and maintenance, repair, and operations (MRO) products and services. Watch HERE (~~~) to find out why you should work at MSC and join us as we continue to build a diverse and inclusive workplace.

Requisition ID :15615

Employment Type :Full Time

Job Category :Finance

Work Location :Davidson, NC (CSC)

State or Province :North Carolina (US-NC)

Potential Work Location : Davidson, NC

BRIEF POSITION SUMMARY:

The Business Unit Finance Manager - Metalworking is responsible for creating a strong partnership between finance and the metalworking business unit, driving value for the organization, and creating visibility to the strategy and performance. The position plays a vital leadership role in the business unit, driving understanding of sales and market share growth, gross margin expansion, operating profit growth, and return on investment.

DUTIES and RESPONSIBILITIES:

• Supports the business unit leader in developing strategies to maximize share gain and profitability

• Owns full P&L for area of responsibility.

• Manages and analyzes the impact of inflation, ensuring gross margin expansion through price and productivity.

• Provides weekly, monthly, and annual forecast for revenue, gross margin, and operating expense.

• Utilizes advanced reporting tools to deliver a suite of metrics and KPIs to business unit leaders.

• Delivers analysis and insights that enhance decision making and create value for the organization.

• Collaborates cross functionally with sales, operations, product management, and other finance functions to solve challenges for internal and external customers

• Ensures processes are in place to execute deliverables consistently, timely, and accurately.

• Interprets data and insights to determine industry and consumer trends and pursue new business opportunities within that business' area of expertise.

• Evaluates potential M&A opportunities and potential expansion into additional market adjacencies

• Analyzes prices and product line assortments to balance market share gains and profitability.

• Supports the management of vendor relationships and supplier contracts including pricing, rebate and co-op as well as compliance with MSC terms and conditions.

• Works collaboratively with the MSC Strategy team on key adjacencies as part of the strategic growth roadmap.

• Drives productivity/cost savings initiatives in partnership with the senior leadership team

• Implements processes that improve quality and eliminate rework

• Ensures effective internal controls and compliance with MSC's accounting policies and procedures.

• Fosters the MSC Culture in the department and throughout the company to ensure unity of purpose and fulfillment of MSC's mission.

• Participation in special projects and performs additional duties as required.

EDUCATION and EXPERIENCE:

• A Bachelor's Degree in Finance, business, or equivalent.

• Minimum of six years of related experience required.

• Proven track record of providing strong finance partnership

SKILLS:

• Strong analytical and conceptual thinking skills

• In depth knowledge of financial modeling, analysis, and forecasting is required

• Proficient in Tableau, Alteryx, PowerBI, Google Looker or similar data & analytics platforms

• Experience using OneStream is a plus

• An excellent communicator, who can engage and influence stakeholders on complex initiatives

• Comfortable delivering dissenting opinions supported by facts in a respectful manner

• In depth knowledge of Generally Accepted Accounting Principles including P&L, Balance Sheet, and Cash Flow statements

OTHER REQUIREMENTS:

• A valid driver's license and the ability to travel up to 5% of the time may be required.

Compensation starting at $79590 - $125070 depending on experience.

The salary range represented is based on similar roles in comparable industries, and the cost of labor in respective cities. Actual compensation is based on the candidate's relevant experience, education requirements and peer pay equity. The Company reserves the right to modify the range as market conditions change.

#LI-Hybrid

Why MSC? People. Collaboration. Insight. That's how you build something that works. Built on a foundation of trust, MSC works side by side with our customers to help them drive business results. With more than one million product offerings and 75+ years of experience across industries, MSC strives to help our customers achieve greater productivity, profitability, and growth through inventory management and other innovative supply chain solutions. We care about our associates and have programs in place to help our 6,500+ team members achieve their potential.

When you join our team, you will receive rewards and recognition for your contributions, training and professional development opportunities, Associate Inclusion Circles: Women, Pride, Black, Veterans, HOLA and DisABLEd as well as a variety of benefits to support you and your family's health, well-being, and financial future. If you are inspired to learn, take risks, and succeed as a team, you can build a better career at MSC.

Equal Opportunity Statement: At MSC, we are committed to providing an environment of mutual respect where equal employment opportunities are available to all qualified applicants and our associates without regard to race, color, religion, age, sex, national origin, disability, protected veteran status, sexual orientation, gender identity/expression or any category protected by applicable law. By applying to this job you agree to the Application and Acknowledgment Declaration terms. Click HERE (~~~) to review.