Finance Manager, Distribution Finance, Inventory Controls & SAP Transformation

Hybrid

North Andover, MA

Full time

10017881

We’re Watts. Together, we’re reimagining the future of water.

We feel proud every day about what we do. We're all part of the same crucial mission, no matter what function we support -- it's to provide safe, clean water for the world, and to protect our planet's most valuable resource.

What we do:

For 150 years, Watts has built best-in-class products that are trusted by customers in residential and commercial settings across the world. We are at the forefront of innovation, working with cutting-edge technology to provide smart and connected, sustainable water solutions for the future. Watts is a leading brand with a quality reputation — and we have a dynamic future ahead.

Scope of Position

The Finance Manager, Distribution Finance, Inventory Controls & SAP Transformation serves as the primary finance business partner for Distribution Center (DC) operations across the U.S. and Canada. This role provides financial planning and analysis, operational finance support, reporting, and decision support to drive business performance, while identifying risks, opportunities, and process improvements. Key responsibilities include management reporting, forecasting support, business case development, and delivering actionable financial insights to Operations and Supply Chain leadership.

The position leads the finance workstream supporting Distribution Center SAP implementation, stabilization, and ongoing enhancement efforts, including testing, user acceptance testing (UAT), go-live support, process automation, and the development of future-state financial reporting and business processes.

A critical focus of the role is inventory governance and compliance oversight, including responsibility for inventory accounting and controls, cycle count certifications, inventory

valuation, compliance monitoring, audit support, and maintaining inventory accuracy across the distribution network. The role also leads monthly and quarterly close activities, revenue and shipping/receiving certifications, SOX compliance, and partners closely with Operations, Supply Chain, Accounting, IT, Internal Audit, External Audit, and Corporate Finance to maintain a strong control environment.

Additional responsibilities include operating lease reporting, capital spending and CARA analysis, shrink and freight allowance performance analysis, and continuous improvement initiatives that enhance financial controls and operational efficiency. The position manages one direct report and is responsible for talent development, cross-training, and business continuity planning while supporting the organization's transformation and growth objectives.

This role reports to the Senior Manager of FP&A and is hybrid based in North Andover, MA.

Primary Job Duties and Responsibilities

• Lead budgeting, forecasting, and financial reporting processes for U.S. and Canada Distribution Centers.

• Serve as Finance lead for Distribution Center SAP implementation and new processes established.

• Develop and document finance standard operating procedures (SOPs).

• Own Distribution Center inventory control governance processes.

• Oversee agent and consignment inventory governance.

• Lead Monthly end/quarter end accounting and reporting processes for DCs.

• Manage Distribution Center capital tracking and reporting.

• 10% travel.

Required Qualifications

• Bachelor's Degree in Finance, Accounting, Economics, Business Administration, or related field.

• 7+ years of progressive Finance, FP&A, Cost Accounting, or Supply Chain Finance experience.

• Experience supporting Distribution, Manufacturing, Operations, or Supply Chain environments.

• Experience leading budgeting, forecasting, and financial reporting processes.

• Experience with inventory controls and compliance activities.

• SAP (required).

• Advanced Microsoft Excel.

• Financial planning and forecasting.

• Financial modeling and business analysis.

• Inventory controls and governance.

• Internal controls and audit support.

• ERP reporting and analytics.

Preferred Qualifications

• MBA and/or CPA preferred.

• Prior leadership or supervisory experience preferred.

• SAP implementation or ERP transformation experience strongly preferred.

• Power BI or similar reporting platforms preferred.

General Applicable Company Competencies

• Commitment to Watts’ values of integrity, accountability, continuous improvement and innovation, and transparency.

• Punctuality and dependability.

• Ability to be flexible and adapt to changing work priorities and stressful conditions.

• Adherence to all personnel policies, procedures, and standards of process as implemented by Watts.

• Maintain productive and collaborative relationships with other Watts employees.

• Adherence to Watts’ seven cultural beliefs: Growth Mindset, Customer-Focused Innovation, Constant Communication, Clear Goals, Collaborate Globally, Be Inclusive, and Take Action.

Working Conditions

While performing the job duties, you will be working in an office environment. You will be required to work in the office at the North Andover, MA location three days per week (Monday – Wednesday) and can work remotely two days per week (Thursday and Friday).

Physical Requirements: Specific physical abilities required for this position include, but are not limited to:

• Ability to remain seated at a desk or workstation for extended periods.

• Ability to perform repetitive tasks like typing on a keyboard or using a mouse for extended periods.

• Ability to physically move around the office, organize or transport files, packages, or other office-related materials.

• Ability to read documents, use a computer, and perform data entry tasks.

• Ability to communicate clearly with management and coworkers, particularly in meetings or phone calls.

• Ability to operate standard office equipment such as computers, printers, phones, and copiers.

• Ability to occasionally lift and carry light objects, such as office supplies, documents, or small equipment.

Pay Range

The expected salary range for this position is $130,000- $145,000 yearly. Actual compensation will be dependent upon individual skills, experience, qualifications, and applicable law.

Nothing in this job description restricts Watts’ right to assign or reassign duties, responsibilities, and working hours/conditions to this position at any time. This position is “at will,” which means that either the employee or Watts may terminate the employment relationship at any time, with or without notice, and for any lawful reason.

#LIHybrid

Watts in it for you :

Please note that the following benefits apply only to permanent roles and do not apply to internship roles.

• Competitive compensation based on your skills, qualifications and experience

• Comprehensive medical and dental coverage, retirement benefits

• Family building benefits, including paid maternity/paternity leave

• 10 paid holidays and Paid Time Off

• Continued professional development opportunities and educational reimbursement

• Additional perks such as fitness reimbursements and employee discount programs

• Learn more about our benefit offerings here: https://tapintowattsbenefits.com/

How we work:

At Watts, our culture is team-oriented and supportive. Employees here genuinely care about the quality of their work, and about each other. Our people are the heart of who we are and contribute to our longevity and continued success.

And this is a place where you can have a big career. No matter your role, there are opportunities for learning and development, and your daily contributions make a meaningful impact on the lives of people who use our products and on the future of water.

Watts is committed to equal employment opportunity. We follow a policy of administering all employment decisions and personnel actions without regard to race, color, religion, creed, sex, pregnancy, national origin, sexual orientation, age, physical or mental disability, genetic disposition or carrier status, marital status, military or veteran status, minorities, or any other category protected under applicable federal, state, or local law. Consistent with the obligations of state and federal law, Watts will make reasonable accommodations for qualified individuals with disabilities. Any employee who needs a reasonable accommodation should contact Human Resources.

Watts Water is a global leader of quality water solutions for residential, industrial, municipal, and commercial settings. Our family of brands (https://www.watts.com/our-story/brands) offers some of the most varied product lines in the world, with world-class, water-related solutions focused on:

• Drainage and Water Reuse

• HVAC and Hot Water

• Plumbing and Flow Control

• Water Quality and Rainwater Harvesting

We are a $1.9 billion global company, listed on the New York Stock Exchange (NYSE) with a presence in five (5) continents and twenty-four (24) countries, and an employee population that speaks over eighteen (18) languages. As a people-first company, we prize enriching and caring for all who work here not only through words but through actions. This includes executing our Diversity, Equity, and Inclusion (DEI) strategy, and providing our employees with meaningful career growth opportunities, a positive and safe work environment, and affirmation that they are heard, valued, and respected.We are proud to be an organization that believes that a safer world is a more sustainable world – a belief that we proudly reflect in each of our technologies and solutions and our environmental and social commitments, such as our partnership with Planet Water Foundation.

Learn more about the Watts way, here (https://www.watts.com/our-story/brands) .

Specialties

Plumbing, HVAC, Water Quality, and Gas

Headquarters

Americas & Corporate Headquarters: North Andover, Massachusetts, USA

Asia-Pacific, Middle East & Africa (APMEA) Headquarters: Shanghai, China

Company Size

About 5,000 employees

Website

http://www.watts.com/

http://www.wattsindustries.com/

http://www.wattsasia.com/

Industry

Machinery

Founded

1874