Director of Finance
CIRCOR International, Inc. - Warren, Michigan, United States, 48091
Work at CIRCOR International, Inc.
Overview
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Overview
CIRCOR Naval Solutions started in 1897 under Warren Pumps, following a legacy of pump builders whose origin span over 200 years in the town of Warren. Under CIRCOR Naval Solutions this division is best known for serving the U.S. Navy’s submarine and surface ship programs. The highly engineered and custom-built pumps are made of a wide variety of exotic materials and span an envious range of both centrifugal and positive displacement technologies. Every submarine and aircraft carrier in the U.S. fleet as well as many other U.S. naval vessels depends on the pumps manufactured at Warren. CIRCOR Portland Valve was organized in 1973, originating in Portland Maine and moved its operations to Warren, Massachusetts at the end of 2011. CIRCOR Portland Valve is a major valve supplier on the Submarine & Destroyer programs. The company’s products include a broad range of specialized valves for various shipboard services. Located at our Warren, MA facility, our office environment is a key driver of our company culture and employee experience, so a regular on-site work model (4/5 days a week) is required. POSITION DETAILS Position Summary This Director of Finance role will provide financial leadership to maintain the financial control environment, drive performance and optimize profitability for the Warren, MA operations as well as being the business partner for the VP of A&D Warren. This position will lead a finance and accounting team consisting of 2-3 direct reports. Key responsibilities will include oversight of the month-end close, financial planning and analysis, POC (ASC 606) accounting, financial reporting, SOX compliance, forecasting, operational planning, preparation of annual operating budgets, cash flow improvement, KPI tracking, audit support (external and internal), as well as special projects as directed by the VP of Finance. Financial stewardship: Maintain the integrity of the accounting and financial books of record and maintain a proper control environment over company assets and expenditures. Oversee the month-end close, ensuring all journal entries and accruals are properly recorded in accordance with US GAAP and company policy. Internal Control: Full P&L and B/S oversight of a business unit or site, overall site responsibility for maintaining control environment in accordance with Sarbanes-Oxley requirements. Supports requests from external and internal auditors as required. Team Leadership: Change agent, mentor, coach, develop, and assist site finance & accounting team members to effectively perform assigned duties. Foster a learning culture within the team, promoting knowledge sharing and continuous professional development. Cost Accounting: Oversight of Cost Accounting function to ensure integrity of product costing and estimates at completion (EAC) for POC accounting. Planning and Forecasting: Lead/Own the preparation of the annual operating budget and monthly forecasts (P&L, Balance Sheet, Cash Flows). Reporting and Analysis: Prepare and analyze performance reports, financial statements and operational metrics. Present and effectively communicate performance results to local and AFS Group management teams to facilitate a clear understanding of key performance indicators and provide insight into cost drivers. Capital investment: Lead annual capital budgeting process. Prepare financial evaluation of capital investments (PP&E). Ensure proper capital / expense recording. Analyze and track expenditures and provide variance analysis. Financial Projects: Provide financial leadership for activities involving Sales and Operations. Examples include make vs. buy studies, product line P&Ls, operations restructuring, distribution and pricing analyses and activity-based costing. Cash Flow: Lead efforts to improve cash flow through coordination with Financial Shared Services (receivables and payables) and Tampa operations (inventories). Productivity / Process Improvement: Using Lean tools, drive improvements in financial processes, including automation of manual activities, improvements in the quality and consistency of data and analysis, and elimination of non-value-added work. Identify cost reduction or efficiency opportunities and lead related cross functional projects, Kaizen activities, or other initiatives as required. Initiatives: Provide financial support to drive key site improvement initiatives including, but not limited to, project accounting, pricing controls, product line reporting, SKU margin improvement and cost reduction programs. Cross Functional Leadership: Serve as financial leader for financial activities supporting P&L Leader of –Warren A&D including, but not limited to, reporting of Warren financial results, coordination of SIOP process and SKU rationalization. CANDIDATE REQUIREMENTS Knowledge Skills & Abilities Large, multinational corporate experience in the area of manufacturing a plus. Experience leading finance / accounting teams Manufacturing experience strongly preferred Undergraduate degree in accounting or finance or equivalent experience Knowledge in accounting, FP&A and audit Knowledge of Governmental Accounting and Percentage of Completion (POC) Accounting (ASC 606). Has worked in a CAS accounting environment. US GAAP experience and understanding Strong analytical capability to identify operational problems, analyze variances from planned results and develop timely action plans to achieve operating goals Ability to influence and persuade business leaders Experience with Sarbanes-Oxley Act Section 404 compliance Advanced skills in MS Excel and MS PowerPoint Experience with SAP BPC and/or Hyperion Education & Experience B.S. in Accounting, Finance and/or equivalent business degree. MBA or CPA preferred 10-15 years of professional experience with an emphasis on financial analysis, consolidations and technical accounting. Other CIRCOR is an EEO Employer of Females / Minorities / Veterans / Individuals with Disabilities Seniority level
Seniority level Director Employment type
Employment type Full-time Job function
Job function Finance and Sales Industries Industrial Machinery Manufacturing Referrals increase your chances of interviewing at CIRCOR International, Inc. by 2x Inferred from the description for this job
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