Coherent

Head of Finance

Coherent • $180K — $220K *
Santa Clara, CA 95051In-Person
Finance & Insurance
15+ years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • Bachelor's in Accounting, Finance, or Economics with executive-level experience in Finance/Accounting roles.
  • 20+ years in management, particularly in high-tech, with proven financial direction for multiple BU and P&Ls.
  • Proficient in financial accounting, cost accounting, intercompany transactions, logistics/supply chain, and SOX compliance.
  • Superior knowledge of cost accounting practices and standard costing systems.
  • Demonstrated ability to lead in a global, matrix organization.

Responsibilities

  • Drive financial objectives across the organization by leading a team of Finance/Accounting professionals.
  • Oversee annual budgeting, quarterly forecasts, and regular business performance updates.
  • Ensure accuracy in the accounting close cycle for revenue, costs, and operating metrics.
  • Develop performance metrics to optimize long-term financial outcomes through strategic data use.
  • Analyze and focus efforts on profitable growth through financial modeling and KPI monitoring.
  • Present business performance insights to influence outcomes at executive levels.
  • Manage the review and approval of contracts to ensure favorable financial terms.
  • Foster collaboration with corporate finance to address technical accounting issues pre-quarter end.

Benefits

  • Opportunity to lead a geographically dispersed team of finance professionals.
  • Culture of continuous improvement and accountability.
  • Access to executive collaboration and exposure across global teams.
  • Coaching and mentoring opportunities to develop team talent.
  • Involvement in new ERP implementation, enhancing skills in technology integration.
Full Job Description
Job Description

Primary Duties & Responsibilities
  • Establish and communicate financial objectives for the business while leading a staff of Finance/Accounting professionals to meet divisions, BUs, BG and corporate goals.
  • Oversight of the annual budget, quarterly forecasts and weekly business updates, incorporating but not limited to: Revenue, Cost, Gross Margin, Operating Expense, Operating Income, Headcount, Capital, Inventory and Cashflow.
  • Responsible for the accuracy and integrity of the accounting close cycle with respect to division, BU & BG's reporting of revenue, cost, gross margin, operating expense, inventory, capex, etc.
  • Develop and implement performance and operating metrics and utilizing data, experience, business acumen and leadership skills intended to optimize short-, medium- and long-term financial outcomes.
  • Focus actions on profitable growth for BUs & BG, including but not limited to business financial modeling, investment & ROI analyses and operating KPIs monitoring.
  • Regular interpretation and presentation of business performance to effectively convey and influence favorable outcomes across multiple levels within the organization, including the executive level.
  • Review and approval of contracts with respect to accuracy, acceptable financial terms and conditions, proposing changes as warranted, approval/signature, execution, implementation and post contract performance monitoring.
  • Encourage cross-collaboration with Corporate including pre-reviewing technical accounting issues before quarter end close.
  • Coach team in order to effectively perform both recurring and ad-hoc analyses, measures functional performance, aids in decisions support and promotes positive ROI for the BG.
  • Develop business partnerships with BU leaders, functional leaders, corporate counterparts and surrounding business stakeholders.
  • Follow all internal controls, regulatory policies, procedures, privacy, security standards in accordance with government agencies, including but not limited to GAAP, IAS and ensures that the company's financial position remains legal at all times.
  • Supports new ERP implementation.


Supervisory Responsibilities
  • Manage geographically dispersed team of 10 individuals through direct reports.
  • Motivate, mentor and grow a successful global team of professionals.
  • Promote a philosophy of Continuous Improvement and Speed and Agility while maintaining a culture of accountability, including the construction of clear employee and organizational objectives, regular follow-up and developing team members in support of CFO Organization objectives.
  • Conduct accurate and timely assessment of subordinates through provision of regular performance feedback and annual reviews.


Education & Experience
  • Bachelor's Degree in Accounting and/or Finance, Economics with proven experience operating as a Finance/Accounting Executive, including multiple Controllerships or Directorships, involving a career path clearly demonstrating positions of progressive responsibility.
  • Experience clearly demonstrates candidate's direct involvement with respect to establishing financial direction for a self-contained BU, division, unit or comparable organization, with specific experience involving multi-BU, multi-product P&Ls, Balance Sheet oversight and Cashflow management.
  • Minimum of 20 years in management preferably in a high-tech environment with experience in financial and cost accounting, intercompany transactions, logistics/supply chain, sales and SOX compliance.
  • Superior knowledge of cost accounting and standard costing systems
  • Global mindset, function and influence in a matrix organization, team player


Skills
  • Building Organizational Talent;
  • Business Acumen and Global Mindset;
  • Change Agent;
  • Coaching and Teaching;
  • Customer Driven;
  • Establishing Strategic Direction;
  • Leadership;
  • Professional and Technical Knowledge and Skills;
  • Results Oriented;
  • Strategic Decision Making


Working Conditions
  • Fast-paced, dynamic, and geographically diverse environment
  • Frequent collaboration with executives and global teams
  • High accountability, deadlines, and financial reporting requirements


Physical Requirements
  • Onsite / Hybrid work
  • Office based work


Safety Requirements

All employees are required to follow the site EHS procedures and Coherent Corp. Corporate EHS standards.

Quality and Environmental Responsibilities

Depending on location, this position may be responsible for the execution and maintenance of the ISO 9000, 9001, 14001 and/or other applicable standards that may apply to the relevant roles and responsibilities within the Quality Management System and Environmental Management System.

About Coherent

Coherent, Inc. is a global leader in providing laser-based solutions to a broad range of commercial and scientific research customers. The company designs, manufactures, and markets lasers, laser-based systems, precision optics, and related accessories for a diverse group of customers. Coherent's markets include scientific research, OEM components and instrumentation, microelectronics, materials processing, and life sciences. The company's products are used in a wide range of applications. Coherent was founded in 1966 and is headquartered in Santa Clara, California.
Learn more about Coherent
Size
5,085 employees
Market Cap
$4.6 billion
Industry
Manufacturing & Automotive
Net Income
-$419.7 million
Founded
1966
5 Year Trend
+27.8%
Revenue
$1.2 billion
NASDAQ
COHR
* Ladders Estimates

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  • Coherent
    Head of Finance
    $180K — $220K *
    Santa Clara, CA 95051 (Santa Clara County)
    Today
    Finance & Insurance
    In-Person

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