The Director of Industrial Finance oversees the finance function for DeZURIK's Industrial Business Unit, managing full P&L and balance sheet analysis, forecasting and budgeting, and collaboration with Corporate Finance. This leadership role reports to the Executive Vice President of Industrial.
Location
Sartell, Minnesota, with a hybrid work arrangement.
Salary
Base compensation is USD 98,221 to 122,776 per year.
Responsibilities
- Serve as a key member of the Industrial Business Unit, engaging with leaders at multiple levels and with Corporate resources.
- Create and refine finance processes, acting as a change agent, role model, and coach, including coaching team members on finance concepts.
- Drive business performance by leading finance activities, including:
- Develop deep knowledge of the IBU's target industry segments, major competitors, and market trends to support strategy interpretation for North American and international markets and customers served by the portfolio.
- Provide advanced analytical support to identify key customer, market, and cost trends aimed at achieving financial goals such as free cash flow and working capital optimization for the business unit.
- Advise IBU leadership with financial analyses of growth initiatives, portfolio management (product, channel, customer), pricing, costing, and new product development.
- Compile monthly analyses of customer and product sales and margins to ensure leaders clearly understand issues and opportunities for improvement.
- Deliver accurate monthly and quarterly forecasts and the annual budgeting process for the business unit, collaborating with functional leaders and Corporate leadership.
- Participate in and contribute to the SIOP processes for IBU forecasting and planning.
- Collaborate with Corporate to conduct thorough financial reviews, strategic planning, and modeling for acquisitions within this business segment.
- Analyze material variances from plans and forecasts, providing recommendations to IBU management and driving continuous improvement of business processes.
- Ensure reliability of financial data by supporting and validating the reconciliation processes across ERP, Financial Reporting systems, and Business Intelligence tools.
- Partner with Corporate Finance to help verify the accuracy of monthly results as needed.
- Support standardization and improvement of key processes and reporting for the Industrial Business Unit and the broader organization, upholding a culture of respect, teamwork, integrity, and accountability.
Requirements
- Bachelor’s degree in Accounting or Finance; MBA or CPA/CMA preferred.
- minimum 5 years of experience in Sales and Operations Finance, Financial Planning and Forecasting, or Corporate Finance.
- Knowledge of US GAAP and International Accounting Standards (IAS).
- Manufacturing experience is preferred.
- Strong understanding of financial statements and accounting principles.
- Solid analytical and quantitative abilities with the capacity to present clear summaries to all management levels.
- Ability to dig into operations to identify opportunities, collect data, validate facts, and drive strategic initiatives while executing on them.
- Experience leading or supporting cross-functional projects involving Business Leadership, Finance, and Operations personnel.
- Proficiency with data visualization tools such as Tableau and DOMO to produce insightful reports.
- Advanced skills in Excel and PowerPoint; Oracle NetSuite experience is a plus.
Technologies
- Tableau
- DOMO
- Excel
- PowerPoint
- Oracle NetSuite
Benefits
- Health, dental, and vision insurance
- Life and disability insurance
- Health Savings Account
- 401(k) plan with company matching
- Paid time off and paid holidays
- Volunteer time off
- Employee assistance program
- Referral program
Physical Demands
- Typical office work requiring extended periods of sitting, computer use, and phone activity.
- Travel for projects or systems support, up to 20 percent of the time, domestically and internationally.
- Occasional lifting of up to 15 pounds.
Working Conditions
- Standard manufacturing and office environment. In shop areas, use of PPE such as safety shoes, safety glasses, hearing protection, face shield, gloves, apron, and boots may be required.
- Workload and scheduling may induce stress; flexibility to support extended hours to meet customer needs is required.
Disclaimer
The statements herein describe the general nature and level of work performed by those assigned to this role. They are not intended to be an exhaustive list of all responsibilities, duties, and skills required.
Quality
Quality is integral to DeZURIK's operations, with every team member responsible for preventing nonconformities in products, processes, and the quality system. All personnel should identify and address any such issues through designated channels and propose solutions.
