Manager / Senior Manager, Finance

Bausch + Lomb (NYSE/TSX: BLCO) is a leading global eye health company dedicated to protecting and enhancing the gift of sight for millions of people around the world-from the moment of birth through every phase of life. Our mission is simple, yet powerful: helping you see better, to live better.

Our comprehensive portfolio of over 400 products is fully integrated and built to serve our customers across the full spectrum of their eye health needs throughout their lives. Our iconic brand is built on the deep trust and loyalty of our customers established over our 170-year history. We have a significant global research, development, manufacturing, and commercial footprint of approximately 13,000 employees and a presence in approximately 100 countries, extending our reach to billions of potential customers across the globe. We have long been associated with many of the most significant advances in eye health, and we believe we are well positioned to continue leading the advancement of eye health in the future.

The Manager/Senior Manager, Finance , oversees various financial functions for the Greenville site, including coordinating monthly closing procedures, setting up annual cost standards, managing the annual budget development process, delivering periodic forecasts and financial projections, conducting variance analysis, ensuring the integrity of the balance sheet and site inventory processes, and ensuring compliance with internal audit activities. Additionally, this role will provide oversight to the cost accounting process and act as a finance liaison for monthly analysis and project support across departments.

Responsibilities:

Budgeting and Forecasting

• Lead the annual budget process and manage submissions for forecasts and outlooks.

• Ensure timely and accurate updates of P&L and balance sheet accounts in PeopleSoft and HFM systems for forecasting and the annual plan.

Cost Management

• Oversee the cost setting process for product standards.

• Collaborate with site management to review and ensure cost standards are properly established.

Monthly Closing Process

• Coordinate the monthly closing process, including a review of all posted journal entries.

• Examine P&L and Balance Sheet for inconsistencies and oversee the collection and review of all balance sheet reconciliations.

• Review monthly Capital accruals with Engineering and manage asset oversight.

Reporting and Analysis

• Prepare and issue monthly and quarterly schedules/reports to management.

• Conduct ad-hoc analysis as needed for month-end close and provide financial support for site strategic projects.

Capital Project Oversight

• Update Capital Project and other plant CIP projects with correct financial justification, ensuring assumptions and financial savings are accurate.

• Assist in creating benchmarks for CIPs to measure actual savings against project expectations and incorporate these savings into forecasts and budgets.

Inventory and Compliance

• Oversee monthly obsolete inventory review, accruals, and cycle count results, providing guidance throughout the year.

• Act as the site compliance coordinator, ensuring adherence to internal audit requirements, managing documentation, the internal audit process, and system access reviews.

• Serve as the site lead for external audits of operations and collaborate with Engineering for financial accountability of site assets and capital projects.

Team Supervision

• Supervise and manage the responsibilities of Financial Analysts.

General Duties

• Undertake additional tasks, responsibilities, projects, and participate in meetings as required.

Key Qualifications:

• BS degree in Accounting or Finance

• 5 years or more financial experience, preferably in a manufacturing environment.

• 2 years or move of supervisory experienced preferred.

• Proven experience in financial planning and analysis, including budgeting, forecasting, and cost management.

• Strong analytical skills with the ability to perform variance analysis and financial reporting.

• Experience with ERP systems, preferably PeopleSoft, SAP and HFM.

• Strong team player with excellent communication, collaboration, and leadership skills to manage a team of financial analysts and collaborate across departments.

• Knowledge of internal audit processes and compliance requirements.

This position may be available in the following location(s): Greenville, SC

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

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