Mgr Operations Accounting

Overview

HanesBrands (NYSE: HBI) makes everyday apparel that is known and loved by consumers around the world for comfort, quality and value. Among the company’s iconic brands are Hanes, the leading basic apparel brand in the United States; Bonds, which is setting new standards for design and sustainability; Maidenform, America’s number one shapewear brand; and Bali, America’s number one bra brand. HBI employs 48,000 associates in 29 countries and has built a strong reputation for workplace quality and ethical business practices. The company, a longtime leader in sustainability, has set aggressive 2030 goals to improve the lives of people, protect the planet and produce sustainable products. 

The objective of the Manager Operations Accounting I position is to be a part of the supply chain finance management team, assisting in driving enhanced profitability and competitiveness through the effective assessment of past performance, and the identification of profitable future opportunities in the Supply Chain. Serve a leadership role in ensuring inventory accuracy, which is key to on-time delivery of customer orders and minimizing customer chargebacks. The position assists in managing the development and implementation of all manufacturing accounting, cost controls, supply chain financial reporting, and the financial/strategic planning processes.

Responsibilities

• Supports the Director and Sr Manager, Operations Accounting in inventory accuracy functions within the distribution network.
• Prepares analytics for management of various distribution centers, reviews monthly results and metrics with management, and miscellaneous ad-hoc projects as required. Develops and delivers working requirements on efficient work flows for distribution staff.
• Responsible for preparation and analysis of management reporting, weekly and monthly.
• Reconciles, researches and resolves inventory accuracy issues between the warehouse management and host (SAP/HFA) systems. Monitors and resolves discrepancies with in-transit inventory. Provide root cause analysis as needed.
• Accountable for the timely and accurate reporting of financial results to meet internal and external requirements, in accordance with HBI Global Business Practice standards, governmental and regulatory standards.
• Management and supervision of exempt, support, and production employees
• Establishes, maintains, and monitors control systems to safeguard company’s assets and assure compliance with corporate policies and procedures. Acts as the primary liaison with and responds to internal and external audit inquiries on a continuous basis
• Responsible for cycle count process to ensure inventory accuracy and compliance with HBI policy. Responsible for planning and execution of physical inventories. Assists with the reconciliation of the inventory.
• Provides analytics to mid/senior-level management of non-financial departments, assisting in their development and understanding of various processes that potentially impact their business
• Assist in resolution of customer chargebacks.
• Plays integral role in the development and implementation of new financial processes and systems.
• Ensures the overall accuracy of all inventory within the distribution center network
• Investigate and explain drivers of inventory adjustments to Management. Develop and implement controls to prevent inventory adjustments
• Responsible for correcting discrepancies and issues related to the SAP/WMi reconciliation and SAP transaction (Information Document - IDOC) reports
• Partner with distribution operations, customer service, marketing, customer operations and IT to minimize service impacts
• Ensure compliance and adherence to inventory accuracy policies and procedures, including SOX requirements
• Maintain a documented system of accounting policies and procedures
• Maintain a chart of accounts
• Provide financial analyses as needed, in particular for capital investments, pricing decisions, and contract negotiations.
•  Development of the annual operational budgets for ~$40million across multiple distribution facilities
• Tracking of weekly labor metrics by department for multiple distribution facilities, including weekly reviews with facility leadership.
• Weekly tracking of accounts payable spend. Review with management.
• Monthly Variance analysis versus our operating plan (OPC) commitments
• Financial analysis of the distribution center performance by measuring key performance drivers.
• Prepares interim (LE) plan updates for the distribution network.
• Prepares and analyzes monthly financial closing statements by distribution facility
• Facilitates and tracks all cost saving projects for the distribution facilities.
• Analyze financial inventory transactions and provide explanations
• Daily supervision and planning of Support Staff, Inventory Specialists and Cycle Counters.

Minimum Education/ Experience

Bachelor's degree with 5+ years relevant work experience OR Master's + 3+ relevant work experience; 4+ years of equivalent work experience can be substituted for Bachelor's degree.

Specific Skills or Experience Required

• Ability to analyze and implement enhanced systems functions
• Above average WMi/AS400 skills
• Advanced PC skills – Excel, Word, PowerPoint
• Excellent written, oral, training, and interpersonal skills
• Ability to handle multiple tasks
• Proven leadership/management ability
• Ability to handle pressure situations
• Ability to troubleshoot with minimum supervision
• Ability to explain systems functions to plant users
• Ability to work shifts
• Bachelor degree in Accounting, Business or a computer related discipline

Job Specific Competencies

• Analytical Skills: Ability to prepare and analyze management reports, financial statements, and inventory accuracy issues. Proficiency in root cause analysis and variance analysis.
• Attention to Detail: Ensuring the accuracy of inventory, financial reporting, and compliance with policies and procedures. Monitoring and resolving discrepancies in inventory and financial transactions.
• Technical Proficiency: Knowledge of SAP/HFA systems, warehouse management systems, and other relevant software. Ability to reconcile and resolve issues related to these systems.
• Leadership and Management: Supervising exempt, support, and production employees. Planning and executing physical inventories, and managing cycle count processes.
• Communication Skills: Providing analytics and explanations to mid/senior-level management, and acting as a liaison with internal and external auditors. Partnering with various departments to minimize service impacts.
• Problem-Solving Skills: Investigating and explaining drivers of inventory adjustments, resolving customer chargebacks, and correcting discrepancies in SAP/WMi reconciliation.
• Financial Acumen: Preparing and analyzing financial reports, developing annual operational budgets, and providing financial analyses for capital investments, pricing decisions, and contract negotiations.
• Compliance and Control: Establishing and maintaining control systems to safeguard company assets, ensuring compliance with corporate policies, SOX requirements, and regulatory standards.
• Project Management: Facilitating and tracking cost-saving projects, developing and implementing new financial processes and systems, and preparing interim plan updates.
• Interpersonal Skills: Assisting non-financial departments in understanding processes, and maintaining effective communication with distribution operations, customer service, marketing, customer operations, and IT.

Core Competencies

• Data Fluency
• Written/verbal communication and listening
• Strong interpersonal and relationship skills
• Teamwork and collaboration
• Results orientation
• Adaptability

Core Values

Play to Win - We expect to win, working together to drive results. We push ourselves to simplify and innovate. When we fail, learn from it. We will break with the past when necessary to move forward.

Act Like Owners - We take action. We build relationships across functions so we can see the company holistically and seek out opportunities for improvement. We’re willing to sacrifice in one area if that leads to our overall success.

Do What’s Right - We behave ethically. We are transparent. We share information about the factors influencing our actions. Our behavior aligns with our values. Our products make the world a better place.

Create Opportunity for All - With success comes opportunity. Everyone is respected and included. We provide opportunities for all associates to reach their Full Potential.

To qualify, applicants must be legally authorized to work in the United States and should not require now, or in the future, sponsorship for employment visa status.

EOE/AA: Minorities/Females/Veterans/Disabled.

Applicants requiring reasonable accommodation for any part of the application and hiring process should contact us directly by:

Telephone: 877.999.5553

Email: HBI_TA@hanes.com.