Valvoline Inc.

Director of Finance Operations

Valvoline Inc. • $150K — $180K *
Cincinnati, OH 45238In-Person
Finance & Insurance
11 - 15 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting or equivalent
  • 15+ years relevant experience in finance and accounting
  • Proven leadership experience in finance functions
  • Strategic thinking and decision-making skills
  • Expertise in financial reporting and internal controls
  • Strong analytical skills related to market trends
  • Excellent communication and interpersonal capabilities

Responsibilities

  • Direct and enhance internal controls over financial reporting
  • Manage cross-functional support for global finance initiatives
  • Supervise and develop finance team members
  • Oversee enterprise risk management processes
  • Manage shareholder relationships and governance assessments
  • Ensure accuracy of financial data and drive process improvements
  • Optimize utilization of Valvoline's Business Services

Benefits

  • Health insurance (medical, dental, vision)
  • Health Savings Account with employer contributions
  • Flexible spending accounts
  • Competitive 401(k) plan with employer match
  • Incentive opportunities
  • Life insurance coverage
  • Short- and long-term disability insurance
  • Paid vacation and holidays
  • Employee Assistance Program
  • Employee discounts
  • Tuition reimbursement options
  • Adoption assistance
Full Job Description
The Director, Finance Operations leads finance and accounting functions organization-wide, acting as the principal decision-maker on issues impacting financial health. This role demands a comprehensive understanding of accounting principles and their strategic implications. The role fosters team development and charts the course for finance and accounting strategies, ensuring alignment with the company's objectives. Areas of responsibility include serving as the primary escalation point for all decisions, having a holistic understanding of accounting / financial impacts across all functions in order to support cross-functional strategic finance initiatives critical to the success of the Company, while operating with little to no guidance from leadership. Assumes leadership role to develop the team and sets the strategic vision for the finance and accounting teams.

Key Responsibilities Include
  • Internal Controls over Financial Reporting (ICFR): Directs and reviews the work of internal/external teams across functions and/or geographies to ensure the company's financial reporting processes are accurate, reliable and compliant with regulations; accountable for designing, implementing and monitoring internal controls to safeguard assets, prevent fraud and maintain the integrity of financial information disclosed to stakeholders.
  • Provide cross-functional support across the global finance organization: Project manage integration efforts associated with mergers and acquisitions and provide value added insights relative to applicable work streams facilitating integration to Company processes and controls; serve on the project team to provide senior level finance insights to the S/4 Hana SAP implementation workstream and assist in managing project timelines, working closely with senior level internal and external resources; provide input on testing design and execution for Internal Audit function, applying methodologies consistent with the COSO framework, while also driving efficiency and optimization of testing strategies, evaluating results, and driving remediation efforts
  • Management of people, process, and third parties:
    • People: Provides direct supervision and substantive feedback to team members and develop their skills through promoting learning and development through a combination of on-the-job experience, best practices, keeping current and traditional learning and research
    • Process: Responsible for individual and team performance (process oversight) and seeks feedback to identify areas for strength and opportunities for development (including delegation)
    • Third Party: Primary point of contact with external vendors to ensure execution of projects or day to day activities; works closely with the team to ensure budget is met
  • Enterprise Risk Management (ERM): Direct activities associated with the company-wide ERM process and validate critical enterprise-wide risks are being appropriately addressed through responsive governance activities.
  • Aramco Governance and Assessment Management: Manage Shareholder relationships, SAO assessments and lead responses/resolution of identified issues. Interact with senior Aramco leadership to come to mutually agreeable answers on significant governance items.
  • General Finance Strategy: Manage processes and internal controls that ensure the completeness, accuracy, and consistency of financial information; Drive process improvement across all finance functions and serve as subject matter expert on key strategic finance initiatives.
  • Valvoline Business Services (VBS): Direct activities to expand and optimize use of Valvoline's Business Services to add value to the business operations, while centralizing functions and eliminating redundancy to reduce costs
  • Relationship Development
    • Oversee relationships with key internal and external stakeholders, including cross-functional and business leadership, auditors, specialists, and service providers focused on project and issues management
    • Influence and facilitate the creation of long-term relationships that add value to the organization, including networking with senior internal and external personnel in area of expertise
    • Regularly review and/or present information to the board, executives, and/or internal / external senior management across functions and geographies in written and verbal communications


What You'll Need
  • Bachelor's degree (B.A./B.S.) in Accounting or equivalent
  • Minimum 15 years of relevant experience with internal controls over financial reporting, enterprise risk management, finance function optimization/strategy and with progressive leadership experience
  • Strategic thinker with ability to synthesize information, identify opportunities/threats and make decisions that align with organizational objectives
  • Advanced understanding of the overall activities of consolidated financial statements and companywide implications in the areas subject to oversight
  • Ability to analyze economic, financial, market, and industry information to identify trends and assess strategies
  • Ability to integrate data to identify critical issues and articulate implications for the organization
  • Strong leadership skills with the ability to delegate to others to provide learning opportunities and coaching to deliver results
  • Excellent communication and interpersonal skills with ability to initiate and lead open conversations with teams, business partners and other stakeholders to build trust
  • Strong change management skills to proactively identify opportunities to improve processes and/or efficiencies and taking accountability for implementing an improvement and/or change
  • Strong change management skills with ability to catalyze change by creating momentum and rewarding those who contribute to change efforts
  • Ability to encourage teams to help identify opportunities to use current and emerging technology and propose innovative solutions to solve complex challenges


What Will Set You Apart
  • MBA or graduate degree in Accounting preferred
  • CMA preferred
  • CPA / Chartered Accountant preferred
  • Preferred public accounting / Big 4 accounting firm experience
  • Experience in retail, consumer products industries and/or multinational public companies preferred


Benefits That Drive Themselves
  • Health insurance plans (medical, dental, vision)
  • Health Savings Account (with employer-base deposit and match)
  • Flexible spending accounts
  • Competitive 401(k) with generous employer base deposit and match
  • Incentive opportunity*
  • Life insurance
  • Short- and long-term disability insurance
  • Paid vacation and holidays*
  • Employee Assistance Program
  • Employee discounts
  • PTO Buy/Sell Options*
  • Tuition reimbursement*
  • Adoption assistance*
  • Terms and conditions apply, and benefits may differ depending on position or tenure


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About Valvoline Inc.

Valvoline Inc. is a leading producer and distributor of automotive lubricants and chemicals. The company was founded in 1866 and is headquartered in Lexington, Kentucky. Valvoline operates in over 140 countries and has a network of over 1,400 Valvoline Instant Oil Change locations. The company's products include motor oils, transmission fluids, and gear oils, as well as other automotive chemicals. Valvoline is committed to sustainability and has implemented a number of initiatives to reduce its environmental impact.
Learn more about Valvoline Inc.
Size
9,800 employees
Market Cap
$5.6 billion
Industry
Manufacturing & Automotive
Net Income
$331 million
5 Year Trend
-9.9%
Revenue
$2.3 billion
NASDAQ
VVV
* Ladders Estimates

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