VP Finance

Employer
Jobot
Location
North Billerica, Massachusetts
Posted
May 12, 2024
Closes
May 17, 2024
Ref
2759434062
Level
Executive
Work Mode
Work from office
Hours
Full Time
Employment Type
Permanent
Organization Type
Corporate
This Jobot Job is hosted by: Hanani Carlisle
Are you a fit? Easy Apply now by clicking the "Apply Now" button and sending us your resume.
Salary: $120,000 - $220,000 per year

A bit about us:

a leading supplier of complex formed and machined metal components for the aviation, space, and defense industries.

Why join us?
  • Health
  • Dental
  • Vision
  • PTO
  • Life
  • Disability
  • 401K
  • bonus
  • equity
  • Growth opportunities


Job Details

The ideal candidate is a strategic finance partner with a proven track record in the manufacturing sector, particularly with experience in navigating the complexities and related protocols associated with contracts in the defense, aviation, and aerospace-related industries

Financial Strategy And Planning

Proactively develop and implement financial strategies aligned with the company's goals and objectives, including those supporting both commercial and manufacturing activities.
Provide financial guidance to support long-term business planning and decision-making.

Budgeting And Forecasting

In alignment with Corporate objectives, oversee the budgeting process, ensuring accuracy and alignment with organizational priorities and business metrics.
Develop comprehensive financial forecasts to guide business operations, including regular communication touchpoints with the Corporate CFO and Finance group.
Act as a partner to the leadership team to develop proactive strategies to achieve budgeted targets.

Financial Reporting

Prepare and present timely and accurate financial reports to the executive team and corporate parent. Given the Company's revenue recognition method (predominantly percentage of completion, over time accounting), work closely with site financial teams to identify and review key assumptions supporting revenue recognition.
Maintain a transparent and robust financial reporting system including identifying and managing improvements to the company's ERP system.

Risk Management

Proactively identify and assess financial risks and opportunities, providing recommendations for mitigation.

Cash Flow Management

Manage cash flow to support daily operations and strategic initiatives.
Implement efficient working capital management practices.
Oversee the financial aspects of the company's capital program, including review of proposals for new equipment and serving as the financial resource to develop return metrics for the modeling of new opportunities, and managing the utilization of the company's allocated capital budget.

Financial Controls

Establish and maintain strong internal controls to safeguard company assets.
Conduct regular audits to ensure compliance and identify areas for improvement.

Government Contract Compliance

Ensure compliance with government regulations, especially in the context of defense contracts.
Oversee contract accounting and reporting requirements.

Collaboration And Leadership

Collaborate with cross-functional teams, and President of business to provide financial insights and guidance.
Lead and mentor the finance team, fostering a culture of excellence and continuous improvement.

M&a

Partners with Corporate Strategy/M&A to evaluate potential strategic portfolio opportunities that drive long term value for the business.
Collaborates with Corporate M&A to provide financial analysis and modeling to ensure potential transactions are financially sound and meet corporate and business strategic growth objectives.
Key participant in the due diligence process, ensuring all relevant finance and accounting related items are reviewed in alignment with the company's due diligence process.
Key participant on the business integration team to ensure successful integrations (financially, operationally, and culturally) of new businesses into the group.

What You Will Bring

Bachelor's degree in Finance, Accounting, or related field; MBA or CPA preferred.
Minimum of 10 years of progressive financial leadership experience in the manufacturing industry with a minimum of 5 years within aviation, defense, and aerospace.
Demonstrated experience with M&A due diligence and integration.

What We Value

Strong understanding of financial regulations, compliance, and reporting requirements around government contracts and the defense, aerospace, and space travel sectors.
Experience in helping to drive inorganic and organic growth objectives in alignment with annual and long range strategic plans.
Experience with multiple revenue recognition methods, including percentage of completion accounting.
Excellent leadership, communication, and interpersonal skills.
Demonstrated track record in building, coaching and developing high performing teams.
Exceptional business partnership skills with business and corporate teammates.

Interested in hearing more? Easy Apply now by clicking the "Apply Now" button.