Hanwha Philly Shipyard, Inc.
Finance Manager
Hanwha Philly Shipyard, Inc. - Phila, Pennsylvania, United States, 19117
Work at Hanwha Philly Shipyard, Inc.
Overview
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Overview
SUMMARY
The Finance Manager will possess a strong financial expertise and hands-on experience in shipbuilding, heavy industries, or large-scale manufacturing projects. The role will oversee management and financial accounting, lead consolidated reporting to Korea HQ, and support project cost control for shipyard operations in the U.S. This role requires bilingual proficiency (Korean/English) and strong communication skills to effectively coordinate between the U.S. team and Korea HQ.
ESSENTIAL FUNCTIONS To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of knowledge, skill, and/or ability required.
Work to ensure that everyone inside the yard, own as well as subcontractors, are safe and are performing their work in accordance with our CORE principles
Ensure that all Hanwha Philly Shipyard safety procedures, rules and regulations are followed and met
Management & Financial Accounting
Handle full-cycle accounting operations, including monthly/quarterly/year-end close
Manage cost accounting for shipbuilding projects and support project profitability analysis
Track and report project-level and company-wide financial performance
Perform budget planning, forecast updates, variance and margin analysis for shipyard operations
Ensure compliance with US GAAP and support Korean HQ with K-IFRS reporting when required
Consolidated Reporting to HQ (Korea)
Prepare consolidated financial reports, cash flow reports, and ad-hoc analysis for Korea HQ
Ensure timely and accurate submission of HQ reporting packages and schedules
Communicate directly with Korean HQ finance/accounting teams and resolve cross-border issues
Monitor intercompany transactions and support related party reporting
Project & Cost Control (Shipbuilding Focus)
Monitor shipbuilding project costs, milestone-based revenue recognition, and cost accruals
Work closely with Project Managers, Operations, and Procurement teams for cost validation
Support the development of Work-in-Progress (WIP) schedules and project financial health checks
Assist in controlling project change orders and cost overruns
Internal Controls & Process Improvement
Establish and maintain internal controls around financial processes and project costing
Assist in audit preparation, tax filings, and compliance with local and federal regulations
Support ERP system operation (Oracle/SAP/or equivalent) and recommend process improvements
Perform other related duties as required and assigned
COMPETENCIES
Strong communication and organizational skills, both verbally and written
Ability to work cross-functionally in a fast-paced environment
Self-management
Thoroughness, flexibility, integrity
Decision making/problem solving
Adaptability and organizational skills and understanding
Conflict resolution
Strategic thinking
Stress management
Willingness and ability to work as a team member
EDUCATION AND EXPERIENCE
Bachelor’s degree in Accounting, Finance, or a related field (CPA or equivalent preferred)
7+ years of finance/accounting experience, preferably in shipbuilding, heavy industry, construction, or large-scale manufacturing
Strong knowledge of US GAAP (K-IFRS knowledge is a strong plus)
Experience with project-based accounting, cost control, and WIP management
Proficient in ERP systems (Oracle, SAP, or equivalent)
Bilingual in Korean and English (verbal and written communication skills required)
Experience working in a shipyard or marine industry preferred
Familiarity with long-term project revenue recognition methods (POC, milestone-based) preferred
Experience coordinating with international HQ, especially Korean conglomerates preferred
Understanding of U.S. tax compliance and audit process preferred
PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. A range of motion sufficient to perform general lifting, carrying, bending, stooping, climbing, working at heights, extended walking or standing, etc. is required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.
WORK ENVIRONMENT
Environmental exposures are similar to those found in most heavy industrial settings and may include noise, heat, cold, vibration, dust, fumes and smoke. Work may be carried on indoors or outdoors, and may involve exposure to inclement weather conditions.
*Hanwha Philly Shipyard is a TOBACCO FREE facility.
POSITION TYPE/EXPECTED HOURS OF WORK
This is an on-site, full-time, safety-sensitive position. Standard days and hours of work vary by department. Days and hours are determined by department schedule.
OTHER DUTIES
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time or without notice.
Hanwha Philly Shipyard is committed to equal opportunity for all applicants. The recruitment, selection, employment and training of employees during employment, shall be without discrimination because of race, color, religion, national origin, gender or age-except that the applicant must meet the minimum age requirement. Hanwha Philly Shipyard does not, and will not, discriminate because of the disability of such individual.
The Finance Manager will possess a strong financial expertise and hands-on experience in shipbuilding, heavy industries, or large-scale manufacturing projects. The role will oversee management and financial accounting, lead consolidated reporting to Korea HQ, and support project cost control for shipyard operations in the U.S. This role requires bilingual proficiency (Korean/English) and strong communication skills to effectively coordinate between the U.S. team and Korea HQ.
ESSENTIAL FUNCTIONS To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of knowledge, skill, and/or ability required.
Work to ensure that everyone inside the yard, own as well as subcontractors, are safe and are performing their work in accordance with our CORE principles
Ensure that all Hanwha Philly Shipyard safety procedures, rules and regulations are followed and met
Management & Financial Accounting
Handle full-cycle accounting operations, including monthly/quarterly/year-end close
Manage cost accounting for shipbuilding projects and support project profitability analysis
Track and report project-level and company-wide financial performance
Perform budget planning, forecast updates, variance and margin analysis for shipyard operations
Ensure compliance with US GAAP and support Korean HQ with K-IFRS reporting when required
Consolidated Reporting to HQ (Korea)
Prepare consolidated financial reports, cash flow reports, and ad-hoc analysis for Korea HQ
Ensure timely and accurate submission of HQ reporting packages and schedules
Communicate directly with Korean HQ finance/accounting teams and resolve cross-border issues
Monitor intercompany transactions and support related party reporting
Project & Cost Control (Shipbuilding Focus)
Monitor shipbuilding project costs, milestone-based revenue recognition, and cost accruals
Work closely with Project Managers, Operations, and Procurement teams for cost validation
Support the development of Work-in-Progress (WIP) schedules and project financial health checks
Assist in controlling project change orders and cost overruns
Internal Controls & Process Improvement
Establish and maintain internal controls around financial processes and project costing
Assist in audit preparation, tax filings, and compliance with local and federal regulations
Support ERP system operation (Oracle/SAP/or equivalent) and recommend process improvements
Perform other related duties as required and assigned
COMPETENCIES
Strong communication and organizational skills, both verbally and written
Ability to work cross-functionally in a fast-paced environment
Self-management
Thoroughness, flexibility, integrity
Decision making/problem solving
Adaptability and organizational skills and understanding
Conflict resolution
Strategic thinking
Stress management
Willingness and ability to work as a team member
EDUCATION AND EXPERIENCE
Bachelor’s degree in Accounting, Finance, or a related field (CPA or equivalent preferred)
7+ years of finance/accounting experience, preferably in shipbuilding, heavy industry, construction, or large-scale manufacturing
Strong knowledge of US GAAP (K-IFRS knowledge is a strong plus)
Experience with project-based accounting, cost control, and WIP management
Proficient in ERP systems (Oracle, SAP, or equivalent)
Bilingual in Korean and English (verbal and written communication skills required)
Experience working in a shipyard or marine industry preferred
Familiarity with long-term project revenue recognition methods (POC, milestone-based) preferred
Experience coordinating with international HQ, especially Korean conglomerates preferred
Understanding of U.S. tax compliance and audit process preferred
PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. A range of motion sufficient to perform general lifting, carrying, bending, stooping, climbing, working at heights, extended walking or standing, etc. is required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.
WORK ENVIRONMENT
Environmental exposures are similar to those found in most heavy industrial settings and may include noise, heat, cold, vibration, dust, fumes and smoke. Work may be carried on indoors or outdoors, and may involve exposure to inclement weather conditions.
*Hanwha Philly Shipyard is a TOBACCO FREE facility.
POSITION TYPE/EXPECTED HOURS OF WORK
This is an on-site, full-time, safety-sensitive position. Standard days and hours of work vary by department. Days and hours are determined by department schedule.
OTHER DUTIES
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time or without notice.
Hanwha Philly Shipyard is committed to equal opportunity for all applicants. The recruitment, selection, employment and training of employees during employment, shall be without discrimination because of race, color, religion, national origin, gender or age-except that the applicant must meet the minimum age requirement. Hanwha Philly Shipyard does not, and will not, discriminate because of the disability of such individual.