Regional Finance Manager

Ever wonder who brings the entertainment to your flights? Panasonic Avionics Corporation is #1 in the industry for delivering inflight products such as movies, games, Wi-Fi, and now Bluetooth headphone connectivity. With over 40 years of history, we offer stability, career growth opportunities, and the chance to work with the brightest minds in the industry.

About the role

The Regional Finance Manager will provide financial guidance to achieve regional Business Plan and Mid-Term Plan (MTP) sales and profit objectives while serving as a trusted financial partner to regional leadership.

Responsibilities

• Guide the region in developing their annual Business Plans, MTPs, and fixed expense targets.
• Develop monthly Profit & Loss (P&L) forecasts, MTP updates, and fixed expense and capital forecasts.
• Prepare and analyze region gross margin (GM) and perform region P&L analysis by the 4th business day after month-end close.
• Prepare and present monthly region financial performance results to top management, including expense management controls and analysis.
• Review, analyze, and submit P&L Change Requests to HQ within a 2-day turnaround.
• Prepare and present Program P&L to Actual P&L analysis with monthly reviews to regional management.
• Serve as financial advisor to direct region management and participate in monthly review meetings.
• Provide program P&L support to the region and review prior to submission to the Pricing and Estimating group.
• Act as the region's main focal point for corporate-driven initiatives such as sales, margin, and fixed expense forecasts, and Business Plans.
• Actively participate in region accounts receivable collection activities.
• Provide regional project support in areas such as ISM, Media facility, and new asset development.
• Act as the region point person regarding repair shop and maintenance services stock inventory and fixed asset verifications.
• Provide regional tax and audit support to HQ as required.
• Serve as the first point of contact for Finance issues for the regions, coordinating with Purchasing and Accounts Payable for timely payment of invoices and payroll reviews.
• Develop concepts for general management improvement within the regions (e.g., cost buster activities).
• Control, validate, and approve region payroll prior to submission to HQ for approval and payment.
• Handle PR approvals, reserve calculations, in-country investment analysis, and contract support.
• Perform ad-hoc duties as requested.

Requirements

• Bachelor’s Degree in Finance or equivalent.
• 8+ years of experience in financial management or accounting.
• Advanced degree preferred.
• Financial certification preferred.
• Excellent written and verbal communication skills with finance staff, local group staff, and customers.
• Ability to deal with complex problems and strong independent problem-solving skills.
• Proficient knowledge of Oracle and Cognos planning and reporting.
• Ability to independently manage regional finance activities while interacting with HQ and other department managers.
• Receives assignments in the form of objectives and determines resource use to meet schedules and goals.
• Recommends changes to policies and establishes procedures affecting the immediate organization.
• Works on issues of diverse scope requiring evaluation of various factors, including current business trends.
• Travel up to 20%.

Pay

The salary range for this role is $89,000 - $149,000. The final offer may vary based on knowledge, skills, experience, and location. This role may also be eligible for discretionary bonuses and incentives.

Benefits

• Paid time off: Exempt salaried employees receive flexible paid time off. Non-exempt hourly employees accrue 14 vacation days, 7 sick days, and 3 personal days per year, with accrual rates increasing with tenure. All employees receive 11 company-paid holidays per year, plus a closure between Christmas and New Year.
• Health Insurance: Medical insurance offerings from Aetna and Kaiser (CA & HI) with options for Employee Only, Employee + Spouse/Domestic Partner, Employee + Children, or Family. Dental PPO and DMO options, and Vision insurance through EyeMed or VSP.
• 401K: 50% match on up to 8% contribution, fully vested from day 1.
• Additional Benefits:
  • Wellness Program and Counseling services.
  • FSA & HSA options.
  • Life Insurance for employee, spouse, and child, plus AD&D Insurance.
  • Long-term and Short-term disability, Critical Illness Insurance, Accident Insurance.
  • Legal Assistance, Pet Insurance, Identity Theft Protection.
  • Dependent Care FLSA, Education Assistance, Commuter Program.
  • Employee Purchase Program, Service Award Program.
• Washington residents only: Eligible for Washington’s Family and Medical Leave program and Washington’s Paid Sick Leave program.