Director of Financial Planning & Analysis

Matthews International • Blue Ash, OH

4d

About The Position

The Director of Finance is responsible for all financial aspects of the operating company and establishing the proper control environment. Reporting directly to the Senior Vice President and General Manager,  the Director of Finance reviews all areas of the business to look for opportunities for margin, efficiency, utilization and cost improvements. This position also directs, plans and manages the day-to-day, weekly and monthly accounting activities that are required to produce the monthly financial reports. Responsibilities include the month-end close and reporting process, ad-hoc reporting, monthly analysis of results and management of working capital.
The Director of Finance is a member of the executive team and oversees the annual budgeting and reforecasting process. This person reviews pricing and costing actions as it relates to product line and business profitability, making recommendations to improve Company performance. In addition, this person is expected to recommend, design and develops processes in all areas of financial management, including but not limited to discounts, credit processes and policies, international business terms and transactions, order processing, customer communications and working capital.

Requirements

• Bachelor's Degree in accounting or Finance
• 8-10 years related work experience in a manufacturing environment
• Must be proficient with a variety of computer systems (ERP systems, Financial Consolidation Applications, and Microsoft Office Suite)
• Must be able to make decisions and solve complex problems
• Strong analytical and problem-solving skills and effective written and verbal communication skills
• Excellent time management skills
• Fluent in project and business terminology, business organization and business practices
• Ability to influence senior management, to provide leadership, establish vision and lead change
• Strong project operations background

Responsibilities

• Directs, plans and manages the day-to-day, weekly and monthly accounting activities that are required to produce the monthly financial statements. Is expected to be proactive in managing the financial aspects of the Company, which include making recommendations on key financial issues while working within Duravant guidelines.
• Performs monthly close process for operating company and reports results to the management team and corporate office
• Coordinates and directs the preparation of the annual Business Plan and Financial Forecasts
• Institutes and maintains other planning and control procedures and analyzes and reports variances
• Responsible for coordinating the financial aspects of the annual strategic plans
• Analyzes and interprets operating results of the company and makes recommendations which result in the elimination of non-value-added activities and profit improvements
• Responsible for establishing and maintaining appropriate product costing
• Performs analysis and develops recommendations to improve profitability across Projects, Parts, and Service/Support, to support company growth targets in high growth & margin revenue areas.
• Supports and validates the financial justification for capital appropriation requests, ensuring alignment with organizational priorities and return on investment expectations
• Analyzes and supports initiatives to optimize working capital, ensuring effective management of cash flow, inventory, and operational liquidity
• Recommends benchmarks for measuring the financial and operating performance of the business
• Manages the preparation of financial outlooks and financial forecasts
• Prepares financial analysis for negotiations and product investment decisions
• Researches and remains informed about all applicable accounting and fiscal management laws, rules, and requirements, and works with President and corporate office to ensure that the organization is in full compliance
• Establishes and implements short and long-range departmental goals, objectives, policies, and operating procedures
• Responsible for proactive communication and reporting on fiscal matters to executive team, internal customers and external customers
• Provide financial advisory support to business managers.
• Analyze profitability of new product launches.
• Provide commercial finance support, including pricing and RFP support.
• Develop and distribute monthly management reports on business line performance.
• Analyze monthly financial results vs. targets and recommend course corrections.
• Plan, direct, coordinate and mentor/coach/train team members.
• Maintain financial procedures & controls for accounting operations. Ensure appropriate controls and security are in place
• Work with external auditors to prepare and complete annual audit in a timely manner; maintain organized records to ensure fiscal accountability
• Other duties as assigned

Benefits

• We offer competitive compensation
• We have comprehensive benefit packages designed to support our employees' health, well-being, and financial security
• We have education and training programs which include an educational assistance program
• We offer paid holidays and paid time off

What This Job Offers

• Job Type: Full-time
• Career Level: Director