Director, Finance

The BU Finance Director (Heavy Industrial) will lead the finance function and serve as the primary Business Unit GM finance business partner. This role will be responsible for all aspects of the finance function, including financial reporting, financial planning & analysis, strategic finance and operations finance. This role will partner with the GM to develop and execute financial strategies to manage BU sales growth and margin expansion while maintaining a strong control environment. This role calls for leadership skills and the ability to achieve through the work of others but also entails a significant element of hands-on work. A Day In The Life

Accounting & Financial Reporting – Primary owner of the business unit P&L. Performs rigorous review to validate and understand results. Champions reporting to socialize financial results with the GM and cross-functional BU leadership team. Executes a monthly financial business performance review. Applies US GAAP and company policy in determining proper accounting for complex financial matters. Works closely with SBU, Segment and Corporate Controllership teams for alignment. Financial Planning & Analysis – Primary owner of annual financial plans, monthly financial forecasts and long-term strategic financial plans. Primary liaison with SBU, Segment and Corporate FP&A teams. Operations Finance – Primary liaison between BU finance and operations functions. Executes price, cost, productivity strategy/initiatives. Develops comprehensive financial models to measure the financial impacts of contemplated strategic projects (product line moves, make or buy decisions, costing methodology updates, etc.). Oversees annual standard revaluation and physical inventory processes at applicable manufacturing and distribution facilities. Oversees quarterly excess and obsolete inventory reporting; working with the operations and commercial teams to reduce E&O inventory expense. Financial Modeling – Primary financial modeler to support the business unit. Applicable areas include capital/non-capital investments, new product introductions, restructuring initiatives, make or buy decisions, logistics cost analysis, customer pricing decisions, and other complex matters requiring financial modeling. Applies critical review to similar analysis presented by others to ensure that capital is properly allocated to investments with attractive returns. Monitors and communicates projected/actual financial results of engineering projects to introduce new products. Strategic Finance – Applies an entrepreneurial mindset to partner with General Manager in driving a profitable growth strategy. Reviews customer/project bids and quotes. Collaborates with the commercial team to set and periodically re-evaluate price lists, project quotes, sales promotions, strategic customer partnerships, etc. M&A Finance – Primary owner of the BU’s M&A program. Includes target selection, financial modeling, due diligence, purchase accounting & valuation, and the integration program. Commercial Finance – Primary owner of customer, sales-person and sales-agent commission/rebate/incentive programs for the BU. Strategically evaluates such programs to ensure alignment between incentives and intended growth outcomes. Partners with the commercial team to update/execute annual incentive program renewals. Executes financial models to aid in decision making around modifications to existing programs and the deployment of new programs. Monitors customer orders and backlog; synthesizing commercial trends and communicating the impact. Executes and communicates product line and customer profitability analysis. Executes market segmentation and portfolio analysis. Compliance – Serves as the primary owner of the BU control environment. Ensures compliance with GAAP and statutory requirements. Implements/monitors internal controls in alignment with company policies to safeguard assets and ensure reporting