(The Finance Director will have a Controller and a finance team reporting to them).
THE COMPANY
Located in Grand Rapids, this division makes industrial B2B components and is part of an OEM business.
THE POSITION
The Finance Director reports to the CFO and manages two acquisitions that need to be fully integrated. Since this is a private equity backed environment, there is an emphasis on managing for cash with accurate cost and cash flow statements. Key responsibilities include:
Integrate the ERP systems from both companies to fit seamlessly into the parent organization.
Build a new financial team across both companies, developing and training the financial staff.
Ensure timely and accurate monthly financial statements.
Improve the standard budget cost system by updating and standardizing labor/overhead rates and reviewing purchase price variances of incoming materials. Perform annual standard cost roll.
Perform monthly analysis of variances and initiate corrective action, if warranted.
Collection and remitting monthly/quarterly sales taxes in 30+ states to corporate for consolidation and filing.
Manage the annual year end audit including preparing PBC documents.
Prepare the annual budget.
Participate in the preparation for monthly business reviews to executive leadership.
Comply with federal, state, and local legal requirements by studying existing and new legislation, anticipating future legislation, enforcing adherence to requirements, filing financial reports, and advising management on needed actions.
THE INDIVIDUAL
The ideal candidate has Controller experience in a manufacturing company with $75+ million in revenue. Experience in an entrepreneurial or mid-sized industrial B2B company is ideal. He/she will bring cost analysis, ERP integration, and team building to the organization, not simply report on the financial health of the company. This person will be comfortable working in a lean organization in a dynamic, competitive industry. It is essential that the successful candidate be a self-starting, self-managing individual who will fit well within the company's culture. Critical competencies for success include:
ERP integration experience with two or more acquisitions is ideal. Must have proven experience with ERP system operation and implementation.
Experience recruiting, developing and managing a strong finance team is critical.
Strong standard cost accounting skills within a manufacturing environment.
Strong control and analytical capabilities. A strong sense of asset and balance sheet management, and a proven grasp of operations, finance and accounting.
Technically proficient, with a strong financial mind.
Hands-on, comfortable working in a very small team and working independently.
Has ideally excelled in a private equity-backed company, strong manager of cash.
Foreign sourcing exposure, experience analyzing the cost impact of different freight and tariff variables related to strategic sourcing alternatives.
Prior experience in acquisition/merger, joint venture and alliance activities is ideal.
Ability to manage remote employees.
CPA a plus.
This position is ideally suited to an individual who has good analytical skills and stays focused on results - someone who enjoys problem solving, loves challenge, and is committed to continuous improvement. Candidates must reflect the following company-wide traits:
Leadership abilities.
The mental toughness to handle challenging opportunities and make difficult decisions.
A leader and team player, who inspires others, communicates goals clearly and is willing to delegate authority and responsibility. Fair in his/her dealings with people.
Committed to the company vision and experience.
Integrity and honesty. Conducts himself/herself with the highest ethical and moral standards.
Highly productive, loves to work at a rapid pace.
Efficient; excellent time management skills.
In it for the long haul; a builder.
Creativity, openness, enthusiasm, humor, lots of great ideas.
Independent problem solver.
Organized, articulate.
Calm, steady, long range thinker.
Warm, kind, honest, a team builder.
Loves challenges, continues self-improvement.
There is no relocation assistance offered for this role.