BU Chief Financial Officer, IIB (CFO)

NovolexCharlotte, NC

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.
  • 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.

Benefits

  • With safety as our top priority and a commitment to employee well-being an important focus, we offer comprehensive and competitive benefits that include medical, dental and vision insurance as well as a variety of other well-being resources focused on mental, physical and financial health. Specific benefits and well-being programs may vary depending on where you work.
  • At Novolex, giving back to the local communities that support us is important. Our Focused Giving Program prioritizes support for organizations whose missions promote sustainability initiatives or address food and hunger needs. We also encourage facility level support of activities in the communities where our employees live and work.
  • We offer constant opportunities for advancement. From skills development to advanced education programs, training and development programs and courses are available through MyLearning. Programs include company and industry training curricula, support for formal education through the Tuition Reimbursement Program (Non-Union), and a Learning Management System that supports and enhances employee skills at all levels of the organization.

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What This Job Offers

Job Type

Full-time

Career Level

Executive

Number of Employees

5,001-10,000 employees

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