Director, Financial Planning & Analysis

Position Overview

Reporting to the Chief Financial Officer, the Director of Financial Planning & Analysis will be responsible for budgeting, forecasting and consolidation for timely monthly, quarterly and ad-hoc management reporting. This will include collecting data with an emphasis on analyzing the data collected and providing timely reports that will be utilized by the management team to drive operational business decisions and improvement. The position will also direct and assist in the preparation of daily, weekly, and monthly reporting as well as ad-hoc financial analysis/special projects to assist management in understanding business performance.

In addition to manufacturing focus, this position will also be responsible for Financial Planning & Analysis activities for the Sales team. Such activity will include forecasting, budgeting, actual vs. budget/forecast reporting and business case analyses for new business.

The position will also assist with strategic planning initiatives, including suggestions to meet strategic business objectives given experience in historical analysis and current forecasting. Expected to make an impact in the Company’s growth, the position will assume a wide range of responsibility supporting the growth of the business.

In the Company’s current growth environment, the position will also require driving consistency in budgeting, forecasting and reporting across locations and assistance with integration of M&A targets.

Primary responsibilities

· Budgeting and forecasting financial process management. This includes driving consistency across all locations in managing the data collection process with accounting resources & functional leadership, and building the financial statements to present information consistently.

· Developing, assisting and providing guidance to Finance, M&A, Operations and Sales organizations.

· Assistance with monthly financial forecasting and actual performance management including continuance improvement and other cost savings projects. This includes assistance to controllers in driving efforts to understand root causes of variances and establish recovery actions when necessary.

· Administration of automated financial reporting system (Planful, formerly Host Analytics).

· Capital expenditure planning and control. This includes developing forms and driving consistent application across all locations for capital expenditure budgeting, approval and performance tracking against capital expenditure budget. Post-mortem analyses on approved projects also required to measure cost savings and ensure those savings are incorporated into future budget and forecast information to drive and optimize payback performance.

· Conduct ad-hoc financial analysis/special projects to assist management in understanding business performance and identify performance improvement initiatives.

Skills/Abilities

· Candidate will need to possess strong organizational, analytical, motivational and mentoring skills and be able to clearly link financial results to operational performance drivers, generate alternatives and drive positive change.

· Financial Modeling - Substantial experience in the design of complex financial models, with the goal of clearly articulating underlying operational costs to team members and management.

· Financial Acumen - Knowledge about general financial and accounting principles and practices that impact operations; knowledge about the links between operations and the company’s financial performance is essential to create value for all stakeholders of the organization

· Candidate should have strong oral and written communication skills, and be able to clearly communicate complex financial information in an easy to understand manner.

· Prefer candidates with previous experience in a fast-paced environment of multiple priorities, high standards, and demanding expectations in which change is both quick and frequent.

· Systems Proficiency – Experience with QAD desired and strong Excel skills required for this position. Most importantly, data must be accurate and relevant

· Candidate will need extensive experience with consolidations. Experience with Planful/Host Analytics or similar software will be a plus.

· Desire to pursue a long-term career with a leading progressive company.

Education/Experience

· Bachelor’s degree in Accounting or Finance (MBA or post graduate certificate preferred)

· 10+ years of progressive Finance/Accounting experience with a manufacturing company.

· Prior demonstrated responsibility in process improvement and direct report team development.

· Proficiency with Microsoft Office applications, particularly strong Excel skills involving pivot tables and macros.

· Proficiency with Power Point application and previous experience in designing and preparing succinct presentations appropriate for executive and non-financial audiences.

· Proficiency with IQMS and Planful/Host Analytics or similar applications a plus.