Toyo Tire North America, Inc. (TNA) is seeking a highly experienced and adaptive finance leader to serve as Senior Manager, Finance and Strategy. Our ideal candidate will bring strong FP&A discipline and actionable insights to support our business operations. This key role will work closely with cross-functional teams such as supply chain, sales and operations, accounting, domestic headquarters (TTHA), and Toyo Japan.
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.
General:
- Oversees two (2) direct reports across procurement and FP&A, and two (2) indirect reports across cost accounting and financial reporting
- Assist in the development of key performance indicators (KPIs) related to manufacturing costs, inventory management, and supply chain performance.
- Drive the development of financial strategies that align with TNA and Toyo HQ manufacturing goals and desired business metrics
- Collaborate with cross-functional teams to align financial goals with operational objectives
- Stays on top of macro-economic, industry, and market trends and assesses the potential impact to TNA’s business, and provides insights to management
- Supports the preparation and distribution of internal and external financial reporting
- Actively participate in the assessment and identification of IT and system-related projects, including ongoing performance measurement
- Provide financial expertise to support decisions related to production planning, inventory management, and procurement strategies
Financial Planning and Analysis:
- Own and drive the budgeting and monthly/periodic forecasting processes for TNA, working with all stakeholders to ensure completeness and alignment with corporate targets
- Annual P&L budget for entire TNA organization
- Quarterly manufacturing/inventory related forecasting for Toyo Japan (HQ), such as rubber weight forecasting
- Monthly and quarterly P&L forecasting (e.g.,3+3, 6+6) and trend analyses
- Play a key role in the development of the 5-year long range plan (LRP), working with all stakeholders at varying levels of Toyo leadership
- Working with the Sr Cost and Manufacturing Specialist, oversee the preparation of detailed financial analysis, including cost variance analysis, production efficiency metrics, and profitability assessments
- Present financial insights and recommendations to senior executives and stakeholders at various levels of the global organization
- Understand TNA’s business and collaborate with operations teams to identify opportunities for margin and profitability improvements
- With support from the FP&A manager, help manage detailed overhead expense tracking to support TNA profitability goals
- Evaluate and prioritize capital investment opportunities in manufacturing facilities and equipment
- Monitor capital expenditures and ensure adherence to budgets
- Perform ROI analyses on capital investments and non-capital spend, including lookback calculations
Procurement:
- Coordinating with Purchasing Manager the operational functions for TNA
- Oversee the coordination of domestic and international purchasing and logistics of raw material and supplies, along with supplier management
- Coordinate and participate in domestic supplier audits and resolution of supplier issues in quality, supply, and logistics
- Establishes and maintains relationships with key suppliers and service providers, and develops performance criteria to assess relationships annually
- Drive negotiations with vendors in line with Toyo policies and develop success criteria
- Act as lead to assessing financial viability for new projects, ensuring alignment with ROI and payback criteria
Cost Optimization Efforts:
- Drive improved operational performance and financial outcomes through strong partnerships with plant and supply chain management
- Initiate and manage comprehensive cost reduction efforts throughout manufacturing operations, targeting savings in labor, materials, overhead, and supply chain cost
- Work alongside operations teams to discover and implement process improvements that reduce waste.
Leadership & Development:
- Oversee and continuously improve the training program for the accounting team.
- Provide coaching, mentoring, and leadership development for direct reports.
- Foster a culture of accountability, continuous improvement, and professional growth.
Qualifications
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- 15+ years of progressive experience in finance, with a focus on manufacturing or supply chain operations
- Bachelor’s degree in accounting, finance, or a related field
- Expert Excel aptitude with ability to work with large data sets and advanced formulae (Pivot Tables, XLOOKUP's, etc.); excel-based modeling is a plus
- CPA or an MBA is preferred
- Japanese fluency (oral and written) is a plus
- Effective and professional communication skills, both written and oral
- Proven track record of driving cost optimization initiatives
- Experience in building and managing finance functions in large organizations
- Experience with implementing ERP/FP&A systems is a plus
