Manager, Financial Planning & Analysis - Manufacturing (36436)

Site Overview:

Young Innovations is a manufacturer and marketer of high-quality dental equipment with sales in excess of $100 million. With an outstanding reputation for quality, the company has a broad portfolio of market leading products across a variety of categories.

Position Overview:

The Manager, Financial Planning & Analysis Manufacturing (Manager, FP&A Manufacturing) will lead the financial planning, reporting and analysis supporting Young Innovations’ Manufacturing, Supply Chain, Strategic Sourcing, Quality/Regulatory and Research & Development organizations. This role is responsible for maintaining and implementing business processes & tools that strategically position the analysis, planning and reporting function as a capable and strategic financial partner for all key stakeholders. This professional will bring a strong sense of urgency and be adept at influencing the audience using data.  There are two direct reports to the Manager, FP&A Manufacturing.  This role is located at the headquarters in Algonquin, IL (or Chicago, IL) and is not eligible for relocation assistance.

Position Description:

The Manager, FP&A Manufacturing will report to the Vice President, FP&A on a day-to-day basis and will have direct interaction and engagement with the CFO and Vice President, Corporate Controller. In addition, the Manager, FP&A Manufacturing must be able to communicate with each of the business functional departments (manufacturing, supply chain, sourcing, quality & regulatory, product development) to provide them with data and analysis that highlights key performance trends and assist the senior leadership team by providing a framework of accountability for results.  This position requires someone with strong business acumen and analytical skills.  The role is that of a business analyst in a diverse and dynamic business who is identifying trends and potential root causes / drivers of performance.

Job Duties: 

• Manage the financial planning, reporting, analysis and forecasting activities for our manufacturing and distribution facilities as well as our leveraged support functions (Supply Chain, Strategic Sourcing, Quality & Regulatory, R&D, etc); 

• Partner with the Chief Operations Officer and his leadership team to execute monthly and quarterly presentations focused on reporting out the key drivers for manufacturing efficiencies and cost savings, capital expenditures, new product development financial impacts, sourcing savings and related expense performance versus prior year, plan and forecast in accordance with company deadlines;

• Work with senior leaders to maintain and continuously evolve KPIs and support schedules to understand and improve operational efficiencies, product mix performance and cost savings;

• Work with plant and sourcing leaders to maintain and continuously evolve inventory KPIs and support schedules to improve inventory turns while maintaining customer commitments;

• Manage strategic cost benefit analysis in support of key investments relating to incremental growth through volume expansion and/or new product offerings and/or capital expenditure requests. (e.g., IRR, NPV, Payback analysis);

• Identify opportunities to improve operational efficiencies and effectiveness through ad hoc analysis and make recommendations to COO and his leadership team;

• Lead cross functional teams for ad hoc projects to enhance data availability, tools and analysis aimed at providing improved visibility into various volume and cost drivers;

• Partner with Cost Accounting to manage manufacturing and procurement related variance data;

• Support acquisition integrations and other enterprise-wide FP&A activities, as needed.