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Finance Segment Manager - REMOTE

Job Seekers can review the Job Applicant Privacy Policy by clicking here (http://ryder.com/job-applicant-privacy-policy) .Job Description :Location: REMOTE WORK FROM HOMETime Zone Requirement: Must be in EST/CST Time ZoneSummaryThe Finance Segment Manager is responsible for a range of financial management functions across various operations, providing key financial analysis, planning, and reporting to support Ryder's corporate and operational goals. This role involves working closely with senior management, logistics managers, and other key stakeholders to enhance financial performance, ensure compliance, and drive operational efficiency.Key ResponsibilitiesMonth-End Closing & Financial Reporting:• Manage journal entries, detailed review and general ledger research to ensure all possible billing opportunities are captured• Expense and Revenue accruals, fixed asset classification & depreciation and deferred revenue knowledge• Variance explanations vs forecast; annual plan review and completion• Ensure the financial integrity of location results and coordinate between headquarters and the field.• Oversee customer invoicing, revenue posting, and monitor monthly aging reports.• General knowledge on inventory metrics and reserve accruals if necessaryFinancial Planning & Analysis:• Develop and manage financial forecasting, business planning, and branch performance analysis.• Perform monthly forecasting and annual planning.Operational Initiatives:• Collaborate with Group Logistics Manager (GLM) and Logistics Manager (LM) to identify opportunities for cost and productivity improvements.• Act as a financial advisor to General Managers and operational teams.• Must have a working understanding of the Supply Chain Management and transportation /logistics process; intermediate level required.Financial Coordination of Contracts:• Oversee negotiations and new account startups, establish cost controls, billing procedures, and customer reporting processes.• Match financial risks and rewards and ensure financial integrity in contract management.• Understand KPI process and pain/gain share.Compliance & Training:• Conduct operations audits to ensure Sarbanes-Oxley compliance.• Provide financial training to operations staff on policies, procedures, and financial tools.• Act as a liaison with Ryder's Shared Services Center and Ryder's Corporate Accounting groupQualifications• Bachelor’s degree in Accounting, Finance, or related field is required; Master’s Degree (MBA) preferred.• Minimum of 7 years of experience in finance and accounting functions (including Inventory Management and Controls, Financial Analysis and Planning, Financial Reporting, Accounts Payable, Accounts Receivable, Fixed Assets, Deferred Revenue and Billing) required.• Strong understanding of income statements, balance sheets, and financial reporting.• Advanced computer/spreadsheet knowledge in Excel such as analyzing large data sets, vlookups/hlookups, SUMIFs, creating pivot tables, filtering options and waterfall charts required• Intermediate level skills with MS Word and MS PowerPoint.• Functional knowledge of WMS systems and a working understanding of supply chain management and logistics processes.Skills and Abilities• Demonstrated analytical skills and ability to build strong customer relationships.• Proven leadership skills with the ability to manage teams and communicate effectively at all organizational levels.• Ability to work independently and as part of a team in a fast-paced environment.• Strong organizational skills with a detail-oriented approach and excellent time management.• Flexibility and self-motivation to excel and prioritize workload effectively.• Strong verbal and written communication skillsJob Category: Financial AnalysisCompensation Information :The compensation offered to a candidate may be influenced by a variety of factors, including the candidate’s relevant experience; education, including relevant degrees or certifications; work location; market data/ranges; internal equity; internal salary ranges; etc. The position may also be eligible to receive an annual bonus, commission, and/or long-term incentive plan based on the level and/or type. Compensation ranges for the position are below:Pay Type :SalariedMinimum Pay Range:$90,000.00Maximum Pay Range:$105,000.00Benefits Information:For all Full-time positions only : Ryder offers comprehensive health and welfare benefits, to include medical, prescription, dental, vision, life insurance and disability insurance options, as well as paid time off for vacation, illness, bereavement, family and parental leave, and a tax-advantaged 401(k) retirement savings plan.Ryder is proud to be an Equal Opportunity Employer and Drug Free workplace.All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, among other things, or status as a qualified individual with disability.Security Notice for Applicants:Ryder will only communicate with an applicant directly from a [@ryder.com] email address and will never conduct an interview online through a chat type forum, messaging app (such as WhatsApp or Telegram), or via an online questionnaire. During an interview, Ryder will never ask for any form of payment or banking details and will never solicit personal information outside of the formal submitted application through www.ryder.com/careers .Should you have any questions regarding the application process or to verify the legitimacy of an interview or Ryder representative, please contact Ryder at careers@ryder.com or 800-793-3754.Current Employees :If you are a current employee at Ryder, please click here (http://wd5.myworkday.com/ryder/d/task/1422$3.htmld) to log in to Workday to apply using the internal application process.Job Seekers can review the Job Applicant Privacy Policy by clicking here (http://ryder.com/job-applicant-privacy-policy) .#wd
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Average salary estimate

$97500 / YEARLY (est.)
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$90000K
$105000K

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What You Should Know About Finance Segment Manager - REMOTE, Ryder System

If you're a finance wizard looking to make an impact while working from the comfort of your home, consider the Finance Segment Manager position at Ryder! This remote role is all about providing critical financial analysis, planning, and reporting to enhance Ryder's corporate and operational strategies. You'll be at the heart of financial management functions, collaborating with senior management and logistics teams to drive operational efficiency. Sounds exciting, right? Your days will be filled with month-end closings, preparing detailed financial reports, and overseeing the intricacies of customer invoicing, expense accruals, and revenue postings. With a focus on operational initiatives, you’ll help identify cost improvement opportunities while providing valuable financial insights to the General Managers. But that's not all! You'll also engage in compliance training and audits, ensuring that everything runs smoothly and meets industry standards like Sarbanes-Oxley compliance. Your qualifications will shine here, especially if you bring a Bachelor’s degree in Accounting or Finance and at least 7 years of relevant experience. Your proficiency with Excel and an understanding of supply chain management is key. If you're a detail-oriented leader who thrives in a fast-paced environment and can communicate clearly at all levels, Ryder wants to hear from you! Join us in making financial excellence a cornerstone of our operations.

Frequently Asked Questions (FAQs) for Finance Segment Manager - REMOTE Role at Ryder System
What responsibilities does a Finance Segment Manager at Ryder have?

As a Finance Segment Manager at Ryder, you will be responsible for a wide array of financial management functions that include month-end closing processes, financial reporting, invoicing oversight, and cost management strategies. You'll collaborate closely with logistics managers and senior leaders to optimize financial performance and ensure compliance within the operations framework.

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What qualifications are needed for the Finance Segment Manager role at Ryder?

To qualify for the Finance Segment Manager role at Ryder, candidates should possess a Bachelor’s degree in Accounting, Finance, or a related field, preferably alongside a Master’s degree (MBA). Additionally, a minimum of 7 years’ experience in finance and accounting functions is required, demonstrating expertise in areas like financial analysis, reporting, and inventory management.

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What skills are essential for the Finance Segment Manager position at Ryder?

The essential skills for the Finance Segment Manager at Ryder include advanced proficiency in Excel for data analysis, strong leadership and communication abilities, a detailed approach to organization and time management, and a comprehensive understanding of the supply chain and logistics processes. Being analytical and customer-oriented further enhances effectiveness in this role.

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What is the salary range for a Finance Segment Manager at Ryder?

The salary range for the Finance Segment Manager position at Ryder is competitive, with a minimum of $90,000 and a maximum of $105,000, depending on qualifications, experience, and other relevant factors. Benefits including potential bonuses and comprehensive health coverage are also part of the overall compensation package.

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What are the operational initiatives expected from a Finance Segment Manager at Ryder?

As a Finance Segment Manager at Ryder, you’re expected to collaborate with logistics teams to detect cost and productivity improvements. You will act as a financial advisor, providing insights and recommendations to enhance overall operations while ensuring that financial risks are well-managed.

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Common Interview Questions for Finance Segment Manager - REMOTE
Can you explain your experience with financial reporting and its importance?

Financial reporting is critical as it offers insights into the company's performance and helps in making informed business decisions. Share examples of your past experience with financial reporting, emphasizing your role in analyzing financial statements and communicating results effectively.

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How do you approach month-end closing processes?

A well-structured month-end closing process is vital. Discuss your systematic approach, including the steps you take to ensure accuracy in journal entries, reconcile accounts, and produce timely reports while addressing potential discrepancies.

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What experience do you have with forecasting and financial planning?

Financial forecasting and planning are foundational for business strategy. Share specific instances where you developed forecasts or participated in financial planning initiatives that assisted your previous employers in meeting their operational goals.

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Describe a time you identified a cost improvement opportunity.

Discuss a specific situation where your analytical skills led to a successful cost reduction. Highlight the steps you took to identify the opportunity and how your recommendations were implemented to improve financial performance.

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How do you ensure compliance with financial regulations?

Compliance is paramount in finance. Explain the measures you have in place for monitoring compliance, such as conducting audits and ensuring adherence to policies like Sarbanes-Oxley, and describe how you provide training to your team.

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What approach do you take when collaborating with cross-functional teams?

Working with diverse teams requires effective communication and collaboration. Share your strategies for fostering teamwork, promoting transparency, and ensuring that financial considerations are well-integrated into the broader operational objectives.

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How do you handle tight deadlines during financial reporting periods?

Under pressure, prioritization and organization are key. Discuss your methods for managing time effectively, delegating tasks when appropriate, and maintaining focus on accuracy to meet tight deadlines without compromising quality.

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What tools or software are you proficient in that support your financial analysis work?

Proficiency with tools such as advanced Excel functions, financial modeling software, or any accounting systems is important. Share real examples of how you've utilized these tools in your previous roles to facilitate analysis and reporting.

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Can you explain a complex financial concept to a non-financial audience?

Effective communication is essential, especially with non-financial stakeholders. Pick a financial concept, such as cash flow, and outline how you would break it down into simple terms, using relatable examples to ensure understanding.

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What motivates you in a finance role?

Dive into what drives your passion for finance, whether it be the challenges it presents, the impact of financial decision-making, or the opportunity to contribute to an organization’s strategic goals. Connect your motivations back to Ryder's values and mission.

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Ryder System, Inc. is a leading provider of commercial transportation, logistics, and supply chain management solutions, serving customers throughout North America, Europe and Asia. Over the past 80 years, Ryder has earned a reputation for deliver...

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DATE POSTED
March 21, 2025

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