Director of Finance - Manufacturing Operations
The Director of Finance position is responsible for overseeing the Cost Accounting, Operational Accounting, and Inventory Management of Corporation. The position focuses on providing high-quality analysis and building business partnerships across all business functions in order to assist management in decision making, attainment of financial goals and optimization of return on investment.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Primary Duties and Responsibilities:
As lead financial partner operations, manage a diverse group of financial analysts and accountants and provide thoughtful guidance and goal setting to elevate the performance of the team as value-added business partners across the enterprise.
Oversee all Cost Accounting operations in Middlefield, Connecticut and two manufacturing locations in California. Drive improved visibility into the internal operations of each plant (i.e. absorption, production variances) along with inventory optimization.
Provide insightful analysis into business results along with recommendations for areas of improvement. Support business proposals with profitability analysis including government contracts. Assist the forecasting & budgeting process with gross margin, factory absorption and production variance analysis.
Develop, implement and maintain cost accounting and inventory policies and procedures to improve transparency of the cost accounting function and to assist Divisional Vice President Finance in building a more transparent wide-ranging set of activities and maintaining compliance with related corporate policies.
Support the implementation of the new ERP system, especially on the costing, inventory management and production control applications. Ensure the ERP set-ups are optimized for cost and profitability analysis.
Maintain a robust control environment with respect to the costing side of the process related to revenue recognition including the adoption of the ASC 606 revenue recognition standard.
Proficiency in all aspects of corporate accounting and all pertinent GAAP, SEC rules and regulations including Sarbanes-Oxley compliance
Experience with all key areas mentioned. Public company experience and M&A experience preferred but not required. Experience in manufacturing and fast paced growth oriented company required.
Strong ability and experience in managing and motivating a diverse team of finance professionals.
An MBA or CPA qualification is desired.
Experience with foreign currency, foreign sales and foreign operations desired due to global presence and operations in Europe and Asia.
Highly motivated self-starter with a passion for getting things done; focused on details and ensuring accuracy. Strong written and oral communication skills; ability to synthesize complex financial data in an effort to effectively communicate risk/opportunities embedded in the company's financial statements. Dedicated to continual process improvement in order to grow the span of influence of the finance department; ability to be available and flexible to deal with constantly shifting priorities.
Proficiency with Hyperion, Micro-Soft office and General Ledger Accounting software packages
Company Description Company is a worldwide supplier of optical metrology instruments, high precision optical components, and complex electro-optical system design and manufacturing services. We strive to enable customer success by delivering innovative precision optical and metrology solutions.