Job DescriptionDirector of Finance - Business Unit Position Summary:The Director of Finance serves as the primary financial partner to the Business Unit President and is a key member of the business unit leadership team. This role provides financial leadership, accounting oversite, and decision support to achieve the business unit's and corporations strategic and financial objectives.
The Director of Finance reports to the appropriate senior corporate finance executive, with a strong day-to-day partnership and accountability to the Business Unit President. The position serves as the primary connection between the business unit and the corporate finance and accounting organization.
Key Responsibilities:- Business Partner:
- Serve as the principal financial advisor and strategic partner to the Business Unit President.
- Participate as an active member of the business unit leadership team, contributing to strategy, investment decisions, and performance improvement initiatives.
- Provide analysis and constructive challenge to support sound business decisions.
- Financial Analysis and Reporting:
- Lead the annual budget and forecasting for the business unit, working closely with the Corporate FP&A team.
- Analyze financial results, comparing actuals to budget, forecast, and prior year results, and identify key drivers of variances and recommended actions.
- Present monthly financial reports to senior Business Unit management, highlighting insights and trends.
- Provide ad hoc financial analysis to support decision-making.
- Commercial and Operational Finance:
- Partner with sales leadership to evaluate pricing, customer profitability, rebates, commissions, mix, and sales growth opportunities.
- Analyze profitability by customer, product, location, and business segment.
- Partner with operations and supply chain leadership to improve inventory productivity, purchasing performance, freight costs, and labor efficiency.
- Lead business unit efforts to improve cash flow and working capital performance.
- Accounting and Controls
- Provide leadership and oversite to the Business Unit Accounting Manager/Controller and team.
- Partner with Corporate Accounting and FP&A to support an accurate and timely close along with the required corporate reporting requirements.
- Along with the BU Accounting Manager/Controller, drive the annual financial audit.
- Team Leadership and Development:
- Lead, develop, and mentor the Business Unit finance/accounting team.
- Foster a collaborative, engaged, and high-performing team culture.
- Build strong working relationships across sales, operations, supply chain, human resources, IT, and other functional areas.
- Drive continuous process improvement initiatives within Finance and Accounting.
Qualifications:- Education: Bachelor's degree in Finance, Accounting, Business, or a related field (Master's or MBA preferred).
- Experience: 12+ years of progressive finance experience, including significant experience in financial planning and analysis and supporting operational or commercial leaders, preferably in a manufacturing or distribution environment; strong knowledge of GAAP; prior experience in a managerial or supervisory capacity.
- Skills and Competencies:
- Strong knowledge of financial planning, forecasting, management reporting, profitability analysis, cash flow, and working capital.
- Advanced knowledge of Excel, financial software, and ERP systems.
- Excellent communication and presentation skills; able to convey complex financial information to non-finance stakeholders.
- Strong leadership skills with an ability to inspire and manage a high-performance finance team.
Targeted Salary: $140-160K
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Flexible spending account
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
