Senior Manager Finance and Strategy

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.