Finance Manager

Posted 13 Days Ago
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Timișoara, Timiș, ROU
In-Office
Senior level
Energy • Utilities • Industrial • Manufacturing
The Role
Oversee all financial activities for Romanian and GmbH entities including daily operations (AP/AR, payroll, GL), month-end reporting, budgeting and forecasting, cashflow and banking management, compliance with Romanian accounting and tax regulations, audit coordination, cost control, ERP and systems optimization, and lead and develop the local finance team while partnering with EMEA leadership.
Summary Generated by Built In

Job Title: Finance Manager 

Location: Timișoara, Western Romania 

Position: 100% Based onsite with occasional travel to Jimbolia 

Permanent position 

About the Company

Imagine working at the forefront of innovation in fluid-flow technology, with over 1,400 colleagues across the globe, and contributing to a legacy of excellence that spans eight manufacturing facilities on four continents. Armstrong Fluid Technology is more than just a leader in our industry; we are a community of the brightest and most creative minds, driven by a shared mission to engineer the future and safeguard our planet.

As part of our team, you'll be immersed in an environment that fosters growth, creativity, and collaboration. Here, you'll have the opportunity to push boundaries, tackle exciting challenges, and develop cutting-edge solutions that promote energy efficiency and reduce environmental impact. Every day offers the chance to make a meaningful contribution to a more sustainable future, driving innovations that help lower global carbon footprints. Together, we’re creating a legacy that goes beyond business—one that’s changing the world for the better.

In this role, you will be responsible for overseeing all financial activities, ensuring compliance with regulations, and providing strategic financial guidance to the local management team.

 

Working at our Romania manufacturing facility and being accountable for our Romania and GmbH legal entities whilst forming part of the EMEA Finance leadership group is what is on offer with this role.

Key Accountabilities

1. Financial Operations & Reporting

  • Manage daily financial operations, including accounts payable, accounts receivable, payroll, and general ledger.
  • Supervise financial statements, budgets, and forecasts to provide insights and recommendations to the executive team.
  • Ensure timely payment of the company’s obligations to the state budget and other institutions.
  • Assist in the annual budgeting preparation process and provide ongoing financial analysis and reporting.
  • Ensure the accurate preparation and submission of Romanian and GmbH monthly and periodical financial declarations.

2. Financial Planning & Strategy

  • Monitor cash flow, manage banking relationships, and optimize working capital to support the organization’s growth.
  • Develop and implement financial policies, procedures, and controls to ensure the accuracy and integrity of financial information.
  • Collaborate with cross-functional teams to drive financial performance and identify areas for improvement.

3. Compliance & Risk Management

  • Ensure compliance with all financial regulations and reporting requirements.
  • Manage the relationship with external auditors and oversee the annual audit process.
  • Stay up-to-date with legislation changes, industry trends, and best practices to drive continuous improvement in financial management.
  • Possess in-depth knowledge of Romanian accounting standards, tax regulations, and financial reporting requirements. 

4. Stakeholder Management & Reporting

  • Work within a matrix organization with reporting lines into the EMEA Financial Director and headquarters in Toronto.
  • Manage banking and investor relations to support financial strategy.

5. Other responsibilities

·       Cost Management & Efficiency – Identify cost-saving opportunities and implement measures to improve financial efficiency.

·       Financial Risk Management – Assess and mitigate financial risks, including currency fluctuations and credit risks.

·       Technology & Systems Optimization – Oversee financial systems and software to improve automation and data integrity.

·       Team Leadership & Development – Mentor and develop the finance team to enhance skills and performance.

·       Tax Planning & Optimization – Work with tax advisors to optimize tax liabilities and ensure compliance with tax regulations.

What We’re Looking For

To thrive in this role, you should bring:

Education and Experience

·       Bachelor’s degree in finance, Accounting, Business/Administration, Economics;

·       CIMA or ACCA qualification is an advantage;

·       At least 5 years of experience as a Finance Manager or similar role;

·       Demonstrated knowledge of accounting principles, financial regulations, and financial analysis techniques;

·       Preferably experience in a manufacturing environment, product costing knowledge, project accounting desirable, along with BOMs.

 

Technical Skills

·       PC literate; emphasis on Microsoft Suite products. High level of proficiency with MS Excel and PowerPoint including the ability to extract, analyze and interpret large amount of data from multiple systems

·       Proficiency in Global ERP systems

·       Advanced knowledge of English language

·       Previous experience strongly desired in Financial reporting, budgeting, forecasting and financial analysis

Soft Skills

·       Excellent analytical, problem-solving, and decision-making abilities;

·       Exceptional attention to detail and accuracy;

·       Strong leadership and communication skills, with the ability to collaborate effectively with cross-functional international teams;

·       Detail oriented and organized

·       Flexible and able to prioritize tasks

·       Excellent interpersonal skills and ability to interact with high credibility at all levels of the organization

·       Must demonstrate flexibility, strong commitment to meeting deadlines, and solid decision-making skills

·       Self-motivator with ability to work independently

·       Ability to break down complex problems in a simplified way, conduct root cause analysis and provide clear, well thought-out recommendations

·       Ability to communicate in an open and authentic manner in all situations

Why Armstrong Fluid Technology?

By joining us, you’ll become part of a global community dedicated to pushing the boundaries of fluid-flow technology while upholding Armstrong's commitment to sustainability. You’ll have endless opportunities to learn, grow, and make a significant impact on the world. Together, we'll build tomorrow’s solutions today.

Skills Required

  • Bachelor's degree in Finance, Accounting, Business/Administration, or Economics
  • CIMA or ACCA qualification
  • At least 5 years' experience as a Finance Manager or similar role
  • In-depth knowledge of Romanian accounting standards, tax regulations, and financial reporting requirements
  • Experience in financial reporting, budgeting, forecasting and financial analysis
  • Proficiency with MS Excel and PowerPoint, ability to extract and analyze large datasets
  • Proficiency in Global ERP systems
  • Preferably experience in a manufacturing environment; product costing, project accounting and BOM knowledge
  • Advanced English language skills
  • Strong analytical, problem-solving, leadership, communication, and attention-to-detail skills
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The Company
1,226 Employees
Year Founded: 1934

What We Do

Armstrong Fluid Technology is a global leader and innovator in the design, engineering, and manufacturing of intelligent fluid-flow equipment, control solutions, and optimization technologies. Focusing on HVAC, plumbing, and fire safety applications, the company provides energy-efficient and cost-effective solutions and performance management services to building and facility professionals worldwide, leveraging edge computing, IoT, and machine learning to optimize building mechanical systems.

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