BUILT TO CONNECT

Astec is a global, environmentally focused infrastructure and manufacturing company of asphalt road building and aggregate processing. Our mission is to design and build the most innovative products for the industries we serve. Leveraging innovative solutions and technologies, we serve customers all over the world.

ABOUT THE POSITION

Reporting directly to the Vice President of FP&A, Manager of Financial Planning & Analysis (FP&A) will work directly with teams across the organization, as well as senior management, providing financial analysis and business support. With a focus on streamlining, standardizing, and simplifying our processes, the position is responsible directing the fiscal goals and programs for the company.  

LOCATION: This position can be onsite in Chattanooga, TN or remote (US-based).

Key Deliverables.

·       Provides executive management with timely reviews and reports financial status and progress of key financial metrics/initiatives on an ongoing basis; Works with Controllers/VP’s of Finance on a day-to-day basis.

·       Provide senior management with financial support for various business initiatives and reporting.

·       Assist and Manage tasks related to the annual budget, forecasting and monthly close processes for their respective group.

·       Assist in the Monthly Outlook process for their respective group.

·       Works with various departments to align initiatives and make process improvements

·       Identify and implement new process improvements.

·       Participates in the M&A activities as they arise.

Key Activities & Responsibilities

·       Participates in the company-wide development of the annual Budget, goals, initiatives, financial strategy with linked metrics; Actual to plan reporting in conjunction with both the Corporate Financial Reporting team and the VPs of Finance

·       Responsible for preparing executive management reports, which summarize and forecast company business activity and financial position in areas of the P&L and Balance Sheet (Inventory, Capex, Working Capital etc) based on past, present, and expected operations

·       Provides VP’s of Finance and executive management team with business forecasts that convey timely insights as to prospective profit impacts of changes in selling prices/volumes

and/or cost reductions as needed and as market conditions dictate that enable better management decision making

·       Develop, monitor, and benchmark key performance indicators for manufacturing and innovation processes and the financial impacts of those processes (inflation, steel, core component pricing etc)

·       Ensures delivery of correct, decision-relevant and up-to-date information to the business in areas such as product line performance, plant utilization, product cost and profitability, new product development requests, capital expenditure requests, KPI and initiatives (e.g. COPQ, Astec Sourcing Program, S&OP), etc.

·       Recommend new or modifications to existing reporting to improve both the quality of the presentation and the information provided

·       Perform ad hoc financial modeling to support existing and new business opportunities

·       Perform sensitivity analysis on key financial drivers to help management understand the potential financial impact of decisions

·       Collaborate with executive management regarding procedures and policies designed to improve our financial metrics

·       Mergers & Acquisitions support – Participates in building financial analyses through development of detailed financial and operating models as they arise

·       Promotes and educates other’s on Astec’s core values, mission statement, and vision statement.

To be successful in this role, your experience and competencies are:

·       Minimum of 4-year degree in Finance/Accounting/Business Administration required.

·       Minimum 5-7 years’ experience in Finance/Accounting required.

·       Certified Public Accountant preferred.

·       Proficiency in all MS Office applications, accounting software and various ERP(s)

·       Ability to leverage IT to gain efficiencies across the company

·       Experience with Oracle EPM and/or other BI tools a plus

·       Knowledge of accounting principles and practices required

·       Ability to build solid working relationships across the organization including management, workforce, customers, suppliers, and other parties

·       Analytical abilities and solid communication skills

·       A proactive partner in support of key functional Executive Leaders

·       Exhibits confidence in self and others; Inspires and motivates others to perform well

·       Effectively influences actions of others; Accepts feedback from others; Gives appropriate recognition to others

·       Creates a sense of team spirit and helps to create a positive work environment

·       Ethics: Treats people with respect, keeps commitments; works ethically with a high standard of integrity; upholds organizational core values.

Supervisor and Leadership Expectations

None

Our Culture and Values

Employees that become part of Astec embody the values below throughout their work.

·       Continuous devotion to meeting the needs of our customers

·       Honesty and integrity in all aspects of business

·       Respect for all individuals

·       Preserving entrepreneurial spirit and innovation

·       Safety, quality and productivity as means to ensure success

NOTE: This position responsible for certain internal control responsibilities.  These internal control responsibilities are verbally communicated to the incumbent and periodic feedback is provided as it relates to the performance of these internal control responsibilities.

WORK ENVIRONMENT

Office

While performing the duties of this job, the employee is regularly exposed to risk of injury in an office environment and occasionally a manufacturing shop plant environment.  Duties include a typical office setting including extensive computer work, sitting or standing. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

EQUAL OPPORTUNITY EMPLOYER

As an Equal Opportunity Employer, Astec does not discriminate on the basis of race, creed, color, religion, gender (sex), sexual orientation, gender identity, marital status, national origin, ancestry, age, disability, citizenship status, a person’s veteran status or any other characteristic protected by law or executive order.