BU Chief Financial Officer, IIB (CFO)

Novolex•Lake Forest, IL

10d•$250,000 - $300,000

About The Position

The Chief Financial Officer for our International, Industrial & Beverage Business Unit will provide leadership of all aspects of finance and accounting for this global business. She/He will serve as a key strategic partner to both the Novolex Chief Financial Officer and the Business Unit President. This position will support efforts to provide better solutions, expand margins and generate strong cash flow. The individual will maintain a financial reporting/internal control system that will provide management with the appropriate financial and operating information. She/He will develop, analyze and interpret statistical and accounting information in order to appraise operating results in terms of profitability, performance, operational excellence and other criteria that directly reflect the fiscal soundness and operating effectiveness of the segment. She/He will be expected to lead efforts to enhance financial capabilities and transition to a more commercially and operationally focused function integral to driving performance.

Requirements

Senior finance executive leadership experience in an industrial manufacturing environment.
15+ years in finance roles with increasing responsibility including a division CFO role in a complex manufacturing business of relevant scale and complexity; global scope preferred.
Team leadership.
Leadership or responsibility for a geographically distributed team of at least 20, ideally in a complex, matrixed organization.
Process improvement experience.
Continuous improvement mindset and experience building best-in-class finance process and capabilities, including leveraging technology to improve efficiency.
M&A experience.
Mergers and acquisitions experience; has previously led complex integration(s).
Strong academic credentials, including a required bachelor’s degree in accounting, finance, or a relevant field.
Acts to surpass goals, seizing opportunities to push the envelope.
Sets continually higher goals that are ambitious but realistic for self and team, geared to organizational objectives.
Focuses on new business opportunities that enable business development targets to be exceeded.
Negotiates with a genuine give-and-take approach, where both act as true peers and decisions are shared.
Spends time identifying all stakeholders necessary and meets or connects with all of them, neglecting no one to shape a collective consensus.
Identifies opportunities to build relationships that will help others achieve their objectives and reaches out to those people or new people.
High level of integrity and dependability with a strong sense of urgency and results-orientation.
A professional stature that commands respect and credibility inside and outside the company.
Collaborative team player and partner, with superior interpersonal and communication skills and the ability to relate to diverse internal and external audiences/constituencies.
Personal drive, energy and the ability to work effectively in a fast-paced environment with high expectations for responsiveness.
An executive who values and promotes a culture of accountability—both for himself/herself and for others.
Customer-centric; focuses on key issues important to the customer (quality, delivery, lead time).
Strong communication skills; able to convey a message that is clear and concise, linking business issues, financial results and strategy.
A dynamic leader; known for his or her ability to develop, motivate and build strong financial teams that achieve superior levels of performance.
Willingness/ability to travel approximately 25% of the time.

Nice To Haves

An MBA or CPA is preferred.

Responsibilities

Participate as a key business partner to the Business Unit President. Contribute to business strategy development and operational execution of business plans that drive growth, while simultaneously continuing efforts to fully integrate a business built though acquisition.
Work with the operational and commercial teams to analyze business performance, highlight areas of opportunity and remediation, and help drive coordinated action plans.
Provide strategic financial leadership and support on the evaluation of potential mergers, acquisitions, investments and/or other issues affecting the business. Perform special analyses to support strategic business decision making - this can include financial analysis in support of M&A, capital investments, changing business models, pricing models, etc.
Drive accurate, concise and useful financial reporting across the Business Unit. Facilitate the preparation of monthly financial reports including monthly profit and loss, forecast vs. budget and periodic cash flow by operating company. Provide guidance on how to increase revenue, reduce costs, and improve overall operating efficiency.
Develop and lead a strong finance team by recruiting, selecting, developing and retaining high performing talent. Provide career development and coaching/mentoring. Develop management reporting capabilities, ensuring cross-functional alignment and communication, with a focus on actionable and forward-looking information.
Effectively and clearly communicate potential risks to appropriate stakeholders in a timely manner.
Monitor and confirm the segment's financial condition by supporting activities of internal and external auditors. Protect assets by establishing, monitoring, improving, and enforcing internal controls.
Collaborate with corporate finance and accounting teams to coordinate a timely and accurate closing, budgeting & forecasting cycle; ensure alignment around accounting and reporting policies. Work collaboratively with corporate colleagues (i.e., treasury, tax, audit) in improving financial processes, implementing policy changes, and executing strategies and initiatives.
Ensure best-in-class financial governance through the management of Business Unit accounting and control functionality, including all balance sheet reconciliations and period end activities.
Ensure legal and regulatory compliance and accurate and timely reporting of the financial results, budget analysis and financial reviews.