VP of Finance
Company: Affinity Executive Search
Location: Newcomerstown
Posted on: April 26, 2024
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Job Description:
VP of FinanceQualifications:The VP of Finance is responsible for
directing the fiscal functions of the corporation in accordance
with generally accepted accounting principles issued by the
Financial Accounting Standards Board and the International
Financial Reporting Standards Foundation, and in accordance with
financial management techniques and practices appropriate within
the industry.Responsibilities:
Plan, develop, organize, implement, direct and evaluate the
organization's fiscal function and performance.
Control and supervise monthly financial reporting, Balanced Score
Card update and variance explanations, sales and margin
reporting.
Responsible for quarterly IFRS reports to German parent
company.
Oversee budgeting and forecasting processes.
Supervise and participate in the analysis of all financial aspects
of the business.
Participates in the development of the division s plans and
programs as a strategic partner with the Production Team.
Evaluate and advises on the impact of long-range planning,
introduction of new programs/strategies and regulatory action.
Develops credibility for the finance group by providing timely and
accurate analysis of budgets, financial reports, and financial
trends to assist the President, the Board and other senior
executives of the European parent company in performing their
responsibilities.
Identify and mitigate financial risks.
Supports Sales and Operations in decision making process by
developing and continuously improving and reporting analyses.
Enhances and/or develops, implement and enforce policies and
procedures of the organization by way of systems that will improve
the overall operation and effectiveness of the corporation.
Establishes credibility throughout the organization and with the
Board as an effective developer of solutions to business
challenges.
Provides strategic financial input and leadership on decision
making issues affecting the organization; i.e., evaluation of
potential alliances acquisitions and/or mergers and pension funds
and investments.
Optimizes the handling of bank and deposit relationships and
initiate appropriate strategies to enhance cash position.
Develops a reliable cash flow projection process and reporting
mechanism that includes minimum cash threshold to meet operating
needs.
Ensures compliance with local tax regulations and reporting.
Be an advisor from the financial perspective on any contracts into
which the corporation may enter.
Evaluates the finance division structure and team plan for
continual improvement of the efficiency and effectiveness of the
group as well as providing individuals with professional and
personal growth with emphasis on opportunities (where possible) of
individuals.
Requirements:
Bachelor s degree in finance, accounting, or related field
10+ years of experience in finance or accounting
5+ years of experience in a leadership role
Proficient in Microsoft Office, especially Excel and Power BI.
Experience with ERP implementationPreferred:
Sage X3 and SAP R/3 and/or SAP S4 Hana (FI/CO)
IFRS Knowledge and experience in a global/international company
CPA, CMA or MBA
Manufacturing environment experience
Keywords: Affinity Executive Search, Canton , VP of Finance, Accounting, Auditing , Newcomerstown, Ohio
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