Primary Duties & Responsibilities

Planning and Forecasting

Manages and coordinates preparation of the budget plan for the BU. Manages and coordinates preparation of forecast and budget and other financial forecasts as required for the BU. Ensure materials are prepared ahead of the meetings to enable a thorough review. Supports the BU in the development of long-range strategic plans and provides leadership in the preparation of long-range financial plans. Prepare analysis of financial options to help the BU meet their budgets/forecasts. This can include looking at GAAP vs non-GAAP scenarios. 

 

Reporting and Analysis

Provides accurate and timely financial reporting for the BU on key financial metrics with appropriate analysis. Monitors budget vs. actual variances and proactively communicates and/or resolves issues as appropriate. Actively supports and participates in periodic BU reviews, providing financial insights regarding business trends, potential profitability impact and recommended actions. Actively participates in the PIP process to ensure financial integrity of business cases including making sure that market forecasts and cost forecasts are thoroughly vetted and credible. Escalates to BU management review of programs that do not appear financially sound. Provides financial analysis and support as needed to BU management for new product introduction what-ifs, cost reductions and operational efficiency initiatives etc. Identifies opportunities to improve the profitability of the BU, including opportunities for revenue/margin growth, cost and expense savings, and process improvements. Provide actual, budget and forecast update reports to BU management and corporate finance management.

Other

Primary interface to Corporate Finance and source of financial information required by Corporate Finance. Provide financial support to Business Development on potential deals that impact the BU. Provide capex updates for all BU sites. Follow up inventory values, E&O, scrap for all BU sites. Provide cost updates, forecast for new and current products. Report and provide forecast for other Business Units regarding their R&D expense which are part of this BU expense.

Education & Experience

Education: B.S in Accounting or Finance is required; Advanced degree in Cost Accounting; CPA, CMA, MBA is preferred

Experience: Minimum of ten years in management preferably in a high-tech environment with experience in financial management, cost accounting, and global intercompany transactions.

Skills

Strong managerial, supervisory and leadership skills Understanding of fully integrated ERP system/supply chain Superior knowledge of cost accounting and standard cost systems Experience with Manufacturing/Cost Accounting is required Oracle and Hyperion experience is strongly preferred Advanced Microsoft Excel skills and proficiency in PowerPoint Exceptional verbal and written communications skills in German and English Analytical and detail oriented Excellent time management and organizational ability

Working Conditions

Working conditions typical of a climate controlled and professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. Requires visits to manufacturing facility.  Must be able to travel domestically and globally as the job requires. 

Physical Requirements

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee is regularly required to talk or hear. The employee frequently is required to stand; walk; use hands to finger, handle or feel; and reach with hands and arms.

Safety Requirements

All employees are required to attend scheduled training, follow the site EHS procedures and Coherent Corporate EHS standards.  This includes the use of proper protective equipment (PPE) as required by the job responsibilities.

Managers will ensure that all safety and environmental procedures are followed consistently.  They will ensure that risk assessments are performed, proper training, work instructions, required PPE is available, and will monitor compliance.

Quality and Environmental Responsibilities

Depending on location, this position may be responsible for the execution and maintenance of the ISO 9000, 9001, 14001 and/or other applicable standards that may apply to the relevant roles and responsibilities within the Quality Management System and Environmental Management System.

Culture Commitment

Ensure adherence to company’s values (ICARE) in all aspects of your position at Coherent Corp.:

Integrity – Create an Environment of Trust

Collaboration – Innovate Through the Sharing of Ideas

Accountability – Own the Process and the Outcome

Respect – Recognize the Value in Everyone

Enthusiasm – Find a Sense of Purpose in Work

 

Coherent Corp. is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law.

 

If you need assistance or an accommodation due to a disability, you may contact us at talentacquisition@coherent.com.