GM, Finance

DMG MORI USA, INC•Hoffman Estates, IL

12d•Onsite

About The Position

The General Manager, Finance plays a crucial role in overseeing and managing various financial operations. This position is responsible for cash and liquidity management, receivables, credit, and DSO management, net working capital forecasting and management, customer financing governance, financial reporting and analysis, compliance and internal controls, process optimization, and team leadership. The ideal candidate will have progressive financial leadership experience, strong analytical skills, and the ability to influence stakeholders and drive results in a dynamic environment.

Requirements

Bachelor’s degree in Finance, Accounting, or a related field
Progressive financial leadership experience, including responsibility for accounts receivable, credit, collections, cash flow, and working capital
Demonstrated experience managing DSO performance, customer credit risk, collection strategies, and financing arrangements with banks, leasing companies, or other financial institutions
Strong knowledge of corporate finance, accounting principles, financial controls, and applicable regulatory requirements
Proficiency with SAP, Microsoft Office, and financial reporting and analytical tools
Strong strategic thinking, analytical judgment, and problem-solving capabilities
Excellent communication and interpersonal skills, with the ability to influence cross-functional stakeholders and drive results in a dynamic environment

Nice To Haves

MBA or CPA preferred

Responsibilities

Monitor daily cash positions, maintain adequate liquidity, and lead short-term cash forecasting.
Optimize the use of available funds while supporting working capital and operational requirements.
Own the end-to-end accounts receivable, credit, and collections framework.
Establish DSO targets and collection priorities; monitor aging, delinquency trends, unapplied cash, disputes, and customer payment behavior; and translate findings into timely corrective actions.
Lead regular collection reviews, assign clear account ownership, and ensure prompt escalation of high-risk or past-due balances.
Partner with Sales, Service, Operations, and Legal to resolve billing or contractual issues, strengthen payment terms, reduce overdue receivables, and improve cash conversion.
Maintain reliable collection forecasts and provide senior leadership with clear reporting on DSO performance, aging exposure, collection effectiveness, and recovery plans.
Lead the development and analysis of net working capital forecasts, including accounts receivable, accounts payable, and inventory.
Identify opportunities to improve the cash conversion cycle and partner with Operations and other stakeholders to implement sustainable working capital initiatives without compromising business performance.
Report trends, key drivers, and variances to senior leadership and recommend corrective actions as needed.
Maintain financial control and oversight over financing offered to customers.
In coordination with Sales and external financing institutions, establish and enforce approval criteria, credit standards, pricing parameters, required documentation, and acceptable financing structures.
Review customer eligibility, proposed terms, lender conditions, funding status, and the company’s residual credit, recourse, guarantee, or documentation exposure before commitments are made.
Develop and manage relationships with banks, captive finance companies, leasing providers, and other third-party lenders to secure competitive solutions that support sales while protecting cash flow and credit quality.
Monitor outstanding financing arrangements, ensure adherence to approved terms and applicable requirements, and escalate exceptions or elevated risks for appropriate approval.
Prepare accurate and timely financial reports, conduct risk assessments, and provide senior leadership with actionable insights regarding cash, receivables, customer credit, financing exposure, and net working capital.
Ensure adherence to applicable federal, state, and local requirements.
Maintain effective internal controls over cash, credit approvals, customer financing, receivables, collections, and related reporting, and support internal and external audits.
Identify and implement improvements across finance operations.
Ensure accurate and timely reporting of cash, receivables, DSO, aging, collections, customer financing exposure, net working capital, and other key performance indicators.
Leverage SAP and other systems to strengthen data visibility, accountability, and decision-making.
Lead, mentor, and develop finance staff while fostering accountability, continuous improvement, and professional growth.
Oversee day-to-day activities covering cash application, credit, collections, DSO management, customer financing coordination, and reporting.
Establish clear priorities, performance expectations, escalation protocols, and cross-functional operating routines.