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Company | Robert Half |
Address | Troy, MI, United States |
Employment type | FULL_TIME |
Salary | |
Category | Appliances, Electrical, and Electronics Manufacturing |
Expires | 2023-10-05 |
Posted at | 8 months ago |
Bill Watts at Robert Half is working with a growing manufacturing client located in the Troy, Michigan area who is looking to directly hire a Vice President of Finance as a key leadership role within this small, growing manufacturing company, responsible for overseeing all financial aspects of the organization. This position plays a critical role in shaping the company's financial strategy, ensuring its financial health, and contributing to its overall success.
Key Responsibilities:
- Financial Strategy and Planning:
- Prepare annual budgets, forecasts, and financial plans to support business growth.
- Develop and implement financial strategies in alignment with the company's goals and objectives.
- Identify financial risks and opportunities and make recommendations to senior management.
- Financial Reporting and Analysis:
- Provide insightful financial analysis to guide decision-making and performance improvement.
- Ensure accurate and timely financial reporting to internal and external stakeholders.
- Prepare and analyze monthly, quarterly, and annual financial statements.
- Cash Management:
- Implement effective cash management and treasury strategies.
- Manage cash flow, working capital, and liquidity to support daily operations.
- Monitor and optimize banking relationships, loans, and credit facilities.
- Cost Management:
- Ensure compliance with budgetary constraints.
- Oversee cost control initiatives to enhance profitability.
- Identify areas for cost reduction and process improvement.
- Financial Compliance:
- Develop and maintain internal controls and financial policies.
- Ensure compliance with all financial regulations and reporting requirements.
- Coordinate financial audits and liaise with external auditors.
- Team Leadership:
- Foster a culture of accountability, collaboration, and continuous improvement.
- Provide guidance and training to staff as needed.
- Lead, mentor, and develop a high-performing finance team.
- Strategic Partnerships:
- Work closely with the CEO or President to provide financial insights for strategic decision-making.
- Collaborate with other departments to support cross-functional initiatives.
- Investment and Capital Planning:
- Assess the financial feasibility of new projects or acquisitions.
- Ensure effective use of company capital and resources.
- Evaluate investment opportunities and capital allocation strategies.
Qualifications:
- Proven experience in finance leadership roles, preferably within the manufacturing industry.
- Proficiency in financial software and systems.
- Experience with M&A and due diligence is mandatory
- Strong financial acumen with a track record of strategic financial management.
- Bachelor's degree in Finance, Accounting, or a related field (MBA or CPA preferred).
- Effective communication and interpersonal skills.
- Excellent analytical and problem-solving skills.
- Knowledge of financial regulations and accounting standards.
Additional Information:
- The role may involve occasional overtime or weekend work during peak financial periods.
- This is a full-time position with competitive compensation and benefits.
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