Location: Close to client's facility in northern Indiana.

Opportunity Profile:

Our client is the US subsidiary of a German-based leading provider of custom B2B products sold into a range of industry verticals. Please contact us for additional information about the company.

The company has an immediate opening for a Director of Finance and Accounting to lead the Finance, Controlling and Accounting functions for the US subsidiary, including management of a small functional team of four employees. The Director of Finance and Accounting will report directly to the President of our client's company with a dotted-line to the CFO at the German HQ. The role will serve as a key contributor to the cross-functional local leadership team with the ability to influence all aspects of business strategy development and execution as well as governance matters.

Responsibilities:

  • Provide top-level strategic and operational leadership of the company’s finances, including preparation of comprehensive annual budgets and other financial forecasts as required.
  • Prepare monthly, quarterly and annual financial statements, including analysis of financial ratios and attainment of defined KPIs against plan and in comparison to prior statement periods. Recommend solutions to address sub-par findings of these analyses as warranted.
  • Work with colleagues at HQ to consolidate financial statements into those of the larger company's Group.
  • Advise top management on planned capital investments to further increase local production capacity and support contractual negotiations in this area with tailored financial analysis.
  • Develop and implement new Controlling tools and define and monitor a range of KPIs. Implement business process improvements and increased digitalization to improve SGA cost structures and drive product margin performance via appropriate cost reduction strategies and tools.
  • Manage working capital and cash flows to ensure adequate liquidity levels for ongoing financial obligations.
  • Oversee and control day-to-day Accounting activities such as AP/AR, expense reports etc. to ensure accuracy and adherence to established processes.
  • Oversee implementation of relevant financial modules of a new ERP system (SAP).
  • Ensure that all tax obligations of the company are met.
  • Serve as main liaison to external auditors, banks, tax advisors and regulatory authorities as appropriate.
  • Direct and mentor a small team and contribute to their further professional development.
  • Lead risk mitigation activities, including business insurance.
  • Serve as interface to company’s Global Treasury personnel.

Qualifications:

  • A Bachelor’s degree in Accounting or Finance is required.
  • 15+ years of progressive and comprehensive Finance/Accounting experience within a manufacturing organization with a related skill set and knowledge base, including a minimum 5+ years in a senior-level managerial position.
  • Candidates should have experience with international financial consolidations and ideally have worked with/reported to functional colleagues in Germany/Europe. Expertise in IFRS in addition to US GAAP is required.
  • Knowledge of local tax and transfer pricing.
  • Strong analytical skills coupled with a keen business acumen; ability to develop and implement creative and proactive solutions to optimize financial performance.
  • Self-starter and strong leader with a willingness to question existing policies and procedures and make recommendations for improvement.
  • Excellent communication and interpersonal skills and the ability to work effectively with multiple peer groups and levels of management.
  • Experience with ERP implementation (ideally SAP) would be of significant value.