FP&A OPERATIONAL MANAGER

Company: Shermco Industries
Location: Baytown
Posted on: October 10, 2024

Job Description:

About Shermco

Since 1974, Shermco has become North Americas largest and fastest growing NETA-accredited electrical testing organization. Our focus is to make sure electrical power systems are functioning properly and safely. Add to that our Professional Engineering Group, Rotating Machinery Division, Renewable Energy Services, and Field Repair and local Repair Service Centers, places Shermco in a position to handle all things electrical. All done with an emphasis on safety and client service. Thats why we say... if its in the electrical power system, Shermco does it.

Backed by Gryphon Investors, a leading private equity firm focused on profitably growing and competitively enhancing middle-market companies in partnership with experienced management, Shermco is poised for the next decade and beyond.

Shermco Industries is seeking a FP&A Operational Business Partner (Manager)

FP&A Operational Business Partner (Manager)
The FP&A Operational Business Partner at Shermco will be responsible for providing financial support to a Region, including the Region Vice President and Branch Managers. Core FP&A tasks will include providing insights and analysis into weekly outlooks, monthly forecasts and annual budgets. Key partnership areas will include yield management, volume growth, labor productivity and managing opportunities and risks. This role will report into our VP of Finance and will be critical to ensuring regional plans are achieved.

Responsibilities

• The FP&A Operational Business Partner will be responsible for leading all aspects of financial planning and analysis for a Region
• Deliver insightful weekly, monthly, quarterly and ad-hoc business profitability analysis, highlighting risks and opportunities
• Partner with Region Vice President and Branch Managers to drive value creation through core financial initiatives
• Improve and sustain consistency in forecasting capabilities, building a forward looking and action-oriented process with bias towards revenue growth and margin expansion
• Analyze and interpret financial results, investigate variances and provide recommendations on corrective actions to resolve
• Review unbilled revenue and backlog for proper revenue recognition with focus on timely completion
• Drive working capital improvements through timely collection of A/R and thorough review of all capital expenditures
• Work collaboratively with peers and partners in Finance, Sales, Operations, Business Development, HR and IT to improve financial acumen and drive business results through effective use of FP&A insights
• Support regular operating review process by assisting in development of report out on results across the Region
• Provide actionable insights to optimize operational efficiency and enhance profitability
  
  Qualifications:
  
  • Desire to work in a fast-paced environment with a value creation mindset
  • 8+ years of progressive financial management with experience partnering with operations to drive profitable growth
  • Strong collaboration skills across all levels of the organization, demonstrating a high level of emotional intelligence
  • Excellent communication and presentation skills, with the ability to convey financial concepts to both financial and non-financial stakeholders
  • Involved with budget and forecasting process in a high growth company with a distributed branch network
  • Ability to manage complex projects and build processes to drive results & productivity
  • Solid understanding of key investment metrics (IRR, ROI, etc.)
  • Experience with Power BI, Access, relational database, and/or Tableau
  • Firsthand experience in Private Equity, Venture Capital Space or high growth company
  • Experience in Microsoft SQL database, including the development and maintenance of written queries that support financial reporting tools
  • General knowledge of GAAP accounting principles
  • Understanding of project accounting, specifically fixed fee and time & materials and steps for proper governance of revenue recognition
  • Bachelors degree in finance or accounting, MBA or MACC preferred
    
    EQUAL OPPORTUNITY EMPLOYER - DRUG-FREE WORKPLACE
    
    Shermco is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or veteran status. Shermco is a drug-free workplace.
    
    NO AGENCIES PLEASE
    
    No Agencies Please. Any unsolicited resumes sent to Shermco from a third party, such as an Agency, including unsolicited resumes sent to Shermco mailing address, fax machine or email address, directly to Shermco System Integration employees, or to Shermco System Integration resume database will be considered Shermco property. Shermco will not pay a fee for any placement resulting from the receipt of an unsolicited resume.
    
    #LI-EM1

Keywords: Shermco Industries, Houston , FP&A OPERATIONAL MANAGER, Accounting, Auditing , Baytown, Texas