Director, Finance (Mexico Operations)
Job Location: Linares
Linares, Mexico
Want to make an impact?
The Director, Finance (Mexico Operations) is a key member of our Mexican plant leadership team and is accountable for the financial support of Ferrara Candy Company’s Mexico operations in Linares, MX and Reynosa, MX. This includes the development of a financial strategy, metrics tied to that strategy, and the ongoing development and monitoring of control systems designed to preserve company assets and report accurate financial results. The ideal candidate will have strong collaboration skills with a focus on supporting our manufacturing operations, legal entities, and people efforts.
Ways you will make a difference
Planning and Forecasting
- Assist in formulating the subsidiary's future direction and supporting tactical initiatives
- Monitor and direct the implementation of strategic business plans
- Develop financial and tax strategies within the Company’s subsidiaries
- Manage the local capital request and budgeting processes, specifically related to timing of capital expenditures
- Develop performance measures and monitoring systems that support the company's strategic direction
Operations
- Participate in key decisions as a member of the Mexico leadership team
- Maintain in-depth relations with all members of the management team
- Oversee the Mexico transactional processing systems
- Support the Company’s on-going SAP S4 Hana transformation
- Implement operational best practices
- Provide thought leadership in commercialization and costing new products and platforms
Financial
- Oversee the Company’s legal entity simplification efforts, including assessment of merging entities to support harmonization of processes and tools
- Oversee the issuance of statutory financial information and tax reports
- Report monthly financial results to Group Reporting in the US
- Construct and monitor reliable control systems
- Work with US corporate team to maintain appropriate insurance coverage
- Ensure that the company complies with all local financial and regulatory requirements
- Ensure that record keeping meets the requirements of auditors and government agencies
- Maintain relations with external auditors and investigate their findings and recommendations
- Monitor the subsidiary’s cash and treasury needs and work collaboratively with US corporate to fund operations
Tax
- Review monthly VAT returns, ensuring timely VAT input tax credit claims
- Review annual corporate income tax returns and ensure timely filings
- Monitor transfer pricing and record promptly in the books
- Monitor all tax law changes in Mexico and elevate to Ferrara Corporate
- Ensure compliance with financial terms within all third-party sites and facilities
Skills that will make you successful
- Fluent in English & Spanish
Experiences that will support your success
- Master's degree in accounting or business administration, or equivalent business experience
- 20+ years of progressively responsible experience within the CPG industry in Mexico
- Experience with maquiladora (or similar) structures
- Strong track record of systems implementations and legal entity simplification
- Demonstrated leadership experience in a manufacturing operation, including strong collaboration skills with operations, legal and Human Resources
- CPA (or local equivalent) preferred
- Experience with local tax issues (Maquiladora, VAT, income tax, transfer pricing)
#LI-AG1
What We Offer
Compensation