082 - Finance - Director of Finance

NMLP•East Chicago, IN

11d•Onsite

About The Position

Reporting to the VP of Finance of National Material L.P. (NMLP) with a strong dotted line to National Material Company (NMC) and National Material Processing (NMP) VP/GMs, the position offers a unique opportunity to be part of a senior leadership team that operates a premier business within a culture that values performance, collaboration, and nimble, rapid decision making. The position is based at the NMC/NMP headquarters in East Chicago, Indiana. The Finance Director is responsible for all financial activities, including financial planning and analysis, internal financial reporting, revenue and cost accounting and the general ledger. The position oversees a mix of associates responsible for customer billing, accounts payable processing, and general ledger and cost accounting activities. The position also works closely with the NMLP and NMC corporate accounting and finance teams on matters related to annual planning, internal controls, customer credit analysis and other accounting and finance matters as required. The position is responsible for maintaining strong internal controls over company’s assets and financial reporting as well as providing the NMC and NMP leadership team with value added analysis and insight on disaggregated cost and profitability at the business segment and customer level. This position serves as the primary financial advisor to two business unit VP/GMs on critical strategic and operational decisions including capital investment and M&A activities. Finally, this position must be able to develop staff and continuously improve the talent and capabilities of the overall finance function.

Requirements

The successful candidate will have demonstrated Accounting and FP&A experience in a manufacturing or distribution organization.
The candidate must be process oriented and possess strong organization, prioritization, and time management skills.
The candidate must be able to lead others while also be willing to regularly roll up their sleeves to perform complex financial analysis.
This individual will be a confidant of the VP/GMs and must have the confidence and gravitas to engage with peers in the organization to drive profitable growth while maintaining strong controls over all aspects of the finances.
The candidate should be able to demonstrate expertise with interrelationships of the balance sheet, P&L and cash flow statements and be able to perform ROWC and ROIC analysis.
An undergraduate degree in accounting or finance and a CPA/MBA designation is preferred
5-10 years of progressive working experience in accounting and FP&A within a manufacturing and/or distribution environment with proven experience in managing staff members.
Strong Excel and data analysis skills are required
An individual of unquestioned integrity, possessing strong interpersonal skills, a sense of urgency and a hands-on approach
Assertive, inquisitive, humble and collaborative.
Strong communications skills and presence to proactively manage stakeholders’ interests
A leadership style characterized by straightforwardness, approachability, team orientation and collaboration
A manager who leads by example and motivates individuals, at all levels, to strive for success and excellence
Confident, open and willing to confront difficult issues and challenges others in order to create positive change
Strong decision-making and problem-solving skills

Nice To Haves

Metals industry experience is desired but not required.
Experience with ERP implementations is desired but not required.

Responsibilities

Financial Planning and Analysis
Monitor profitability by customer and business segment and proactively identify opportunities for margin improvement and process efficiencies.
Provide financial oversight and reporting to enable effective inventory management
Provide financial and leadership support to drive strategic initiatives developed by the business units
Lead the preparation and development of Annual Operating Plan.
Produce monthly projections and quarterly forecasts and business review presentations with input from VP/GM’s including analysis of inventory outlooks, customer profitability and actions, and income statement performance bridges/comments
Lead annual capital budget development and provide financial analysis and insight on major strategic projects.
Collaborate with VPs to produce timely and accurate information for key decision making and be the primary source of analytical support for key operating and strategic decisions.
Lead continuous improvement efforts across all processes including financial systems, data management and reporting.
Oversee computation of employee incentive compensation programs for quarterly and annual programs
Maintain customer pricing programs and pricing in the ERP system, including managing customer rebate programs
Financial Accounting and Controls
Deliver timely and accurate monthly financial results to the VP/GM of NMP and NMC
Lead the accounting close process including general ledger and all subsidiary ledgers.
Maintain and ensure accuracy of financial and cost accounting records.
Maintain and improve internal controls over the company’s assets (inventory/PP&E) and financial reporting, including annual physical inventory counts/reconciliations
Support external audits to ensure requested data from the business unit is supported and delivered within the required timeframes
Leadership and Staff Development
Lead the business unit’s finance team including the development of team members, planning & coordinating work as well as ensuring understanding of policies and procedures
Take responsibility for staff member development while seeking to continuously upgrade the performance level of department talent
Set high expectations that are both personally and organizationally driven, setting standards and challenging others to attain more
Able to work effectively across the organization driving initiatives and leading cross functional teams
Formulate a complete and accurate understanding of the business’ goals and objectives while playing an important role in creating the strategy for moving the organization forward