With more than 50 years of Aerospace industry experience, IMP Aerostructures, an Operating Unit of IMP Aerospace and Defence, is a leader in the Aerospace industry providing top quality, structural components and assemblies to clients such as Bombardier, Bell Helicopter, Boeing, Spirit Aerosystems and Lockheed. Located in the quaint town of Amherst, NS, just a short trip from Moncton, NB, you'll enjoy a lifestyle that offers all of the amenities of big city living in a rural setting. Recognized as one of Canada's Best Managed Companies, IMP Group takes enormous pride in the diligence and hard work its employee groups provide. Known for providing its employees with a supportive and challenging atmosphere, fostering growth and personal development, IMP Aerostructures has an immediate opening for a motivated individual to join its winning team!Position Overview:Reporting to the General Manager, this role is accountable for the management of financial reporting, business budgeting and project cost analysis. Leading the Procurement team, you will develop RFQ's and long-term supply agreements, build supplier relationships that deliver measurable cost savings for the business. This role requires leadership in managing budgets, overseeing administrative functions, and coordinating resources. What You Will Do:Key Accountabilities (What you will be Doing Most of the Time): Proactively monitor revenue, gross margin and cost data to identify operational improvements while ensuring accuracy through rigorous financial analysis Establish long-term partnerships with customers & vendors/suppliers while leading negotiations on terms, pricing Lead in creating tools, reporting (i.e. KPI's and metrics) and processes to enable the business to manage customer and procurement efficiencies with a focus on continuous improvement Specific Accountabilities: Oversee budget preparation and administration, ensuring that expenditures align with organizational priorities and financial constraints Monitor financial performance, identify variances, and recommend corrective actions as needed Provide guidance and oversight to your team, fostering a culture of continuous improvement and accountability Create and monitor dashboards and provide analysis on their output and act appropriately based on the findings Provide data driven insight on variance analysis related to price, cost, and volume metrics. This includes: the on-time and on-budget delivery of products and services, etc. to ensure that all obligations of the agreement terms are met Conduct regular business reviews, monitoring of key performance indicators and supplier evaluations Enhance our quoting in terms of applying appropriate strategy to our quotes ensuring mathematical accuracy and strong financial analysis Define and achieve objectives for cost savings within the supplier/procurement processes, leveraging technology to increase efficiency and reduce costs Collaborate with the management team to align contract terms and supplier/procurement initiatives with business objectives Proactively looks for ways to ensure effective negotiations and relationship management with customers and vendors by encouraging an atmosphere of trust, openness and communication in a collaborative environment with shared objectivesWhat You Will Bring: Bachelor's degree in commerce/business management, CPA or M.B.A Minimum of 7-10 years of experience in business administration or operations management, with at least 5 years in a leadership role Excellent understanding of ERP systems and standard costing methodologies Deep analytical and problem-solving skills with strong detail orientation Technical and/or business functional knowledge of systems, tools, reports and analysis Exemplary Excel skills You have passion for people, process, problem solving and performance You are well-organized and enjoy communicating with internal and external stakeholders Strong ability to work independently, work under pressure
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