Director, Financial Operations

PAI Holdings LLC•Parsippany-Troy Hills, NJ

9h•Hybrid

About The Position

PAI Pharma is seeking a Director, Financial Operations to lead financial operations for its current manufacturing network and establish scalable processes to support company growth. This role involves evaluating plant efficiency, managing and developing finance professionals, and serving as a trusted finance business partner to leadership. The position requires ownership of the month-end close process, ensuring consistent application of U.S. GAAP and internal controls, and supporting physical inventories. Key responsibilities also include leading financial planning, analysis, performance management, cost accounting, operational decision support, and capital expenditure evaluation. The role will support financial due diligence and integration of acquired businesses, utilize SAP and advanced Excel for process improvement, and lead cross-functional finance projects.

Requirements

Bachelor’s degree in Accounting, Finance, or a related field.
At least 10 years of progressive finance and accounting experience, including substantial hands-on experience in manufacturing finance, plant accounting, and cost accounting.
Strong knowledge of U.S. GAAP, month-end close, inventory accounting, standard and absorption costing, manufacturing variances, budgeting, forecasting, and capital investment analysis.
Demonstrated ability to lead and review the work of finance professionals and to influence cross-functional leaders in a matrixed operating environment.
Advanced Microsoft Excel and financial modeling skills; experience working with SAP.
Excellent analytical, problem-solving, communication, and presentation skills, with the ability to move comfortably between detailed accounting issues and senior-level business decisions.
Willingness and ability to travel domestically approximately one week per month, with additional travel during integrations or peak business needs.

Nice To Haves

CPA, CMA, MBA, or other relevant advanced credential.
SAP experience, particularly within manufacturing, inventory, costing, fixed assets, and financial reporting processes.
Pharmaceutical, biotechnology, medical device, or other regulated process-manufacturing experience.
Multi-site finance leadership and experience integrating acquired businesses, finance teams, processes, and systems.
Experience in a private equity-backed, acquisitive, or rapidly scaling organization.

Responsibilities

Lead financial operations for PAI Pharma’s current manufacturing network and establish scalable processes that can support additional sites as the company grows.
Evaluate plant efficiency processes from a financial perspective.
Manage, coach, and develop site-based finance professionals; set clear expectations, review work product, and ensure timely, accurate deliverables.
Serve as a trusted finance business partner to plant and corporate leadership, translating operational performance, risks, and opportunities into clear financial implications and recommendations.
Own and review the manufacturing month-end close, including journal entries, accruals, account reconciliations, inventory, cost of goods sold, fixed assets, construction in progress, depreciation, and intercompany activity where applicable.
Ensure consistent application of U.S. GAAP, finance policies, data standards, and internal controls across all sites; maintain audit-ready support and clear process documentation.
Support physical inventories and cycle counts, investigate differences, and partner with Operations and Supply Chain to address root causes and control gaps.
Lead annual budgets, rolling forecasts, and long-range planning for manufacturing operations in the current Excel-based planning environment.
Build driver-based models incorporating volume, mix, material costs, labor, overhead, yield, capacity, headcount, capital spending, depreciation, and working capital.
Deliver monthly plant P&L, cost-center, KPI, and variance reporting; identify risks and opportunities, explain performance drivers, and track corrective actions with operating leaders.
Lead standard and absorption costing, including material, labor, and overhead standards; analyze purchase price, usage/yield, labor efficiency, volume/absorption, scrap, and other manufacturing variances.
Oversee inventory valuation and reserves, reconcile operational drivers to cost of goods sold and the balance sheet, and improve transparency into product and site profitability.
Partner with Operations, Supply Chain, Procurement, Engineering, and Quality to evaluate cost reduction, productivity, capacity, sourcing, inventory, and working-capital opportunities.
Lead financial evaluation and governance for capital expenditures, including ROI, NPV/payback, sensitivity analysis, capital requests, forecasts, project spending, accruals, depreciation, and post-investment reviews.
Provide decision support for equipment purchases, automation, capacity expansion, facility investments, and new-product or process initiatives.
Support financial due diligence and post-close integration of acquired businesses and sites, aligning close calendars, finance policies, chart of accounts, costing, controls, reporting, systems, and local finance capabilities.
Use SAP and advanced Excel to improve data integrity, reporting quality, process efficiency, and automation; strengthen controls and scalability within the current Excel-based planning process.
Lead cross-functional finance projects and present concise, decision-ready analyses and recommendations to the CFO and senior leadership.