Job Details

JOB SUMMARY:

The Vice President of Finance will oversee all financial matters for the organization and report directly to the Chief Financial Officer. This role will be responsible for processing the financial activities of the organization to maximize the company’s profits and plan for its growth. The VP of Finance will analyze data and advise the senior leadership team on ways to use that information to make strategic decisions about the organization’s future. With a hands-on approach to all aspects of the organization’s finances, the VP of Finance must ensure the company complies with all laws and regulations specific to the manufacturing industry. This role will direct and manage the finance and accounting teams and own all aspects of the day-to-day operations of these teams.

PRIMARY RESPONSIBILITIES:

• Directs and manages the Finance and accounting teams which consists of Accounting, Compliance, Credit, Treasury, Financial Planning and Analysis, Pricing, and Digital Transformation functions.

• Owns all aspects of the day-to-day operations of these teams while developing the financial strategy for the organization.

• Provides front facing ability with important internal leadership team, partners, and external customers (Banks, Auditors, Legal, Insurance brokers, etc.).

• Delivers strategic and tactical input and establishes strong relationships with the senior leadership team.

• Acts as the liaison with ATC external auditors and accountants on matters of audit and tax compliance.

• Assists the CFO in monitoring and improving cash availability, securing additional capital, and compliance.

• Creates a reliable cash flow projection process and reporting structure that includes minimum cash threshold to meet operational needs.

• Oversees the management of the company’s working capital programs which includes treasury loan tranches, supply chain financing (both customer and vendor) and collaborating with the Operations team to increase inventory turns.

• Develops and maintains an adequate currency hedging program where the company has operating risk exposure.

• Ensures all corporate assets are adequately risk protected and develops and maintains relationships with appropriate insurance brokers and providers.

• Responsible for the oversight of the corporate accounting teams which includes a China subsidiary.

• Partners with the CFO & CEO to establish and track revenue goals.

• Assists CFO with various Treasury functions.

• Performs research to understand revenue and cost drivers and defines appropriate reports for tracking.

• Routinely reviews revenue cycle metrics to proactively identify and address issues affecting overall performance.

• Maintains relationships with financial institutions in conjunction with the CFO.

• Intimately involved in the oversight of financial planning and analysis functions within the organization.

• Ensures the maintenance of appropriate financial records and preparation of required financial reports.

• Oversees the planning, coordination, and execution of the annual budget process.

• Serves as a member of the corporate Budget Committee.

• Provides strategic guidance around capital financing options to support company growth needs.

• Develops and maintains all necessary accounting policies and systems, including general ledger and financial reporting to ensure that records are maintained in accordance with generally accepted accounting principles.

• Controls all tax planning and compliance with required federal, state, local, payroll, property, and other applicable taxes.

• Oversees the negotiation process of bank credit agreements, financial covenants, and rate structures.

• Assists the CFO with managing risk and coverage for workers comp and business insurances.

• Responsible for the oversight of the Pricing team which includes identifying and executing profitable growth initiatives to align with corporate and divisional objectives.

• Oversees the Credit process in the granting of credit and the collection of accounts due the company.

• Responsible for the oversight of managing high risk customer accounts.

• Promotes a culture of high performance and continuous improvement that values learning and a commitment to quality.

• Mentors and develops staff using a supportive and collaborative approach; assigns accountabilities; sets objectives; establishes priorities; and monitors and evaluates results.

• Provides strong leadership, communication, personal connection, and contribution to the overall performance of the organization.

ESSENTIAL QUALIFICATIONS:

• Bachelor's Degree in Business Administration with a major in finance or accounting; Master’s Degree is preferred

• 10+ years’ experience in Finance, practicing Financial Planning and Analysis, Accounting, Compliance, Treasury, Credit and Pricing

• Manufacturing industry experience required; some public accounting experience is preferred

• Previous direct experience of being a part of a digital transformation both corporate-wide and in Finance

• Equity related experience is preferred

• Previous operational leadership in a Finance group comprised of multiple disciplines

• Demonstrated capabilities in broadening a Finance department’s structure for proven success and sustainability for growth

• Strong front facing capability with important internal leadership team, partners, and external customers (Banks, Auditors, Legal, Insurance brokers, etc.)

• Advanced Microsoft Excel skills required

• CPA or working toward a CPA a plus

• Expert analytical and critical thinking skills

• Excellent multi-tasking and time management skills

• Outstanding organization skills and attention to detail

• Ability to prioritize and meet deadlines

• Superior verbal and written communication skills

PHYSICAL DEMANDS:

• Ability to travel both nationally and internationally

• Ability to withstand prolonged periods sitting at a desk

• Frequent use of upper extremities to perform keyboard functions and work on a computer

• Ability to occasionally stand/walk