Job Description
Summary:
Our award-winning client is conducting a search for a VP of Finance to join their team. The VP of Finance reports to the President and is a key business leader responsible for Accounting, Financial Planning and Analysis, cost control, asset management and business decision support. Paid Relocation - Deerfield Beach, FL Responsibilities:
Collaborate closely with leadership and team members to enhance financial performance and comprehension of key financial drivers and metrics. Demonstrate proactive engagement in anticipating evolving business needs. Supervise the monthly accounting close process, ensuring timely and accurate reporting of financials to TransDigm Corporate. Validate that financial statements accurately represent the company's financial standing in accordance with US GAAP. Work in tandem with operations to establish standard costs and scrutinize manufacturing variances. Maintain stringent controls over Work in Progress (WIP) and vigilantly monitor open work orders surpassing 90 days. Foster collaboration across various departments to offer financial support and analysis crucial for fostering alignment and informed decision-making. Lead the formulation of the annual Business Plan and monthly P&L forecasts. Discuss financial results and metrics with senior management, assessing and quantifying risks, monitoring deliverable execution, and proactively recommending actions to enhance profitability and financial position. Aid senior management in evaluating and executing New Business opportunities. Conduct financial analysis to support the customer quoting process and investment decisions. Collaborate with Sales & Marketing to optimize payment terms. Assess capital expenditure requests, validate return on investment, and conduct post audits on capital expenditures to evaluate ROI assumptions. Perform pricing analysis and audits to ensure compliance with the company's Pricing Policy. Support functional leaders in achieving desired value drivers, including price and productivity commitments. Proactively advocate for cost and headcount controls. Effectively manage working capital, focusing on inventory, receivables, and payables. Partner with Supply Chain to reduce inventory and improve vendor terms. Collaborate closely with sales to optimize customer terms and ensure timely collections. Evaluate financial processes and systems to drive continuous improvements in efficiency, internal controls, and reporting capabilities. Uphold internal accounting control and SOX compliance, supporting internal and external audits. Take charge of staff development, training, evaluation, coaching, and succession planning. Cultivate a collaborative workplace that strengthens communication within and outside the department. Ensure compliance with all federal, state, payroll, and other applicable taxes. Develop processes and procedures that enhance work efficiencies and elevate the department's ability to serve the company. Actively participate in or lead special projects as required. Required Qualifications:
Possess a Bachelor's or Master's degree in Accounting, with a minimum of 7 years of progressive experience in accounting and finance. A CPA or MBA is preferred. Mandatory experience in a manufacturing company. Proficiency in Financial Planning & Analysis, Financial Accounting, and Cost Accounting is required. Demonstrate the ability to comprehensively grasp a business's strategy and establish connections to financial initiatives and drivers. Show leadership capabilities by leading, developing, and retaining associates within the finance organization. Effectively manage people, projects, and tasks to ensure appropriate responsiveness and priority, showcasing proven experience in a leadership capacity. Exhibit strong communication skills, enabling interaction at all organizational levels and influencing processes across various functions and stakeholders. Possess advanced computer proficiency, particularly in Excel. Take charge of managing, mentoring, and developing team members, including hiring and training. Exercise insightful judgment and a drive for results. Showcase excellent organizational, verbal, and written communication skills. Prove to be a team player, always ready to take initiative and perform diverse duties. Uphold the highest level of integrity and ethics. Demonstrate a thorough knowledge and understanding of accounting and US GAAP. Possess proficiency in PC skills, including Word, Excel, Access (other relational database software), and query/reporting tools. Preferably, have prior experience in implementing an ERP system.
