Finance Manager, Adhesives

Company Description

Avery Dennison Corporation (NYSE: AVY) is a global materials science and digital identification solutions company that provides a wide range of branding and information solutions that optimize labor and supply chain efficiency, reduce waste, advance sustainability, circularity and transparency, and better connect brands and consumers. Our products and solutions include labeling and functional materials, radio frequency identification (RFID) inlays and tags, software applications that connect the physical and digital, and a variety of products and solutions that enhance branded packaging and carry or display information that improves the customer experience. Serving an array of industries worldwide — including home and personal care, apparel, general retail, e-commerce, logistics, food and grocery, pharmaceuticals and automotive — we employ approximately 34,000 employees in more than 50 countries. Our reported sales in 2023 were $8.4 billion. Learn more at www.averydennison.com.

At Avery Dennison, some of the great benefits we provide are:

• Health & Wellness benefits starting on day 1 of employment
• Paid parental leave
• 401K eligibility
• Tuition reimbursement
• Employee Assistance Program eligibility / Health Advocate
• Paid vacation and Paid holidays

Job Description

Summary: 

As a key member of the Materials Group North America (MGNA) Finance Team the Finance Manager, Adhesives will be a critical business partner to the Commercial and Operations leadership teams. This role will have full P&L and Balance Sheet ownership for the North American portion of the business, as well as supporting consolidation and forecasting efforts for the Global Trade business. In this role you will lead the day-to-day activities in regard to the reporting, planning and analysis activities for our Mill Hall, PA (Adhesives) manufacturing site. This will include preparing financial and business-related analyses, forecasts, and ensuring accurate and timely reporting and analysis of financial performance and results. You will work closely with key Commercial, Operations and Supply Chain Stakeholders to help establish site performance targets, lead all forecasting efforts for the business and help support Operations in, identifying productivity projects and other continuous improvement opportunities to eliminate inefficiencies in financial processes. #LI-Hybrid

Key Responsibilities

Business Partnership:

• Provide Commercial finance support to the Global Trade Adhesives business including preparation of business reviews, Forecasting, and consolidation of global financial statements. 

• Support the Trade Adhesives Commercial team with Volume, Sales and Margin performance drivers including price/inflation analysis, mix analysis and month end reporting requirements.

• Provide Operations & Supply Chain Management with interpretive and predictive financial information related primarily to site Manufacturing Expenses.

• Engage with the intercompany finance partners that receive materials from the Adhesives business to ensure alignment on volume projections, cost allocations and inputs to the forecasting process. 

• Actively partner with site leadership during daily/weekly/monthly key operations meetings (Tier I/II MDIs & PLT).

• Provide Finance and Operations Management with weekly variance analysis on both Loss and MOE performance.

• Provide key performance insights using Business Intelligence reports and tools.

• Engage with the site on continuous improvement projects, providing financial insights and accountability support.

• Lead efforts to improve financial acumen across the site leadership and support teams.

• Travel to the Mill Hall, PA site as needed to support the plant financially.

Planning / Forecasting / Reporting & Analysis

• Lead the businesses Annual Operating Plan which includes partnering with both Commercial, Operations and finance leadership.

• Lead weekly forecast process which includes collaborating with appropriate site leadership, and then holding the team accountable to deliver.

• Strive for continuous improvement in forecast accuracy performance by refining processes and tools used to build forecasts.

• Evaluate key drivers and root cause(s) in order to provide meaningful analysis to explain site’s financial and operational performance including variances to AOP and forecast.

• Prepare and/or oversee the preparation of the business case(s) and associated financial justification(s) for certain capital expenditure requests.

• Fulfill various ad-hoc reporting and analysis requirements, including developing BI reports, analyzing trends, and presenting results.

Controllership / Compliance:

• Complete all month and quarter end close activities including journal entries, cost center analysis, and balance sheet reconciliations to ensure accuracy and completeness.

• Perform required testing and audit activities to ensure SOX and internal/external audit compliance on a quarterly and annual basis.

• Support annual balance sheet review process in collaboration with central accounting (NASSO).

• Co-Lead periodic physical inventory to ensure inventory accuracy.

• Assist IT when the plant converts from SAP to Oracle Manufacturing (TBA)

Qualifications

• Bachelor’s Degree in Finance or Accounting required. 
• 5+ years of financial and/or accounting experience for a manufacturing company required.
• Competency in use of ERP systems, prior experience with SAP and/or Oracle is preferred.

Additional Information

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability, protected veteran status, or other protected status. EEOE/M/F/Vet/Disabled. All your information will be kept confidential according to EEO guidelines.

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