Director of Finance
3 weeks ago
We have an exciting opportunity on our team as a Director of Finance This position is located in Midland, MI. The Director of Finance is a strategic, hands-on manager who leads and develops an internal team to support the financial well-being and growth of the organization. Responsibilities include complex data analysis and reporting, forecast modeling, budgeting, risk management, development of financial policies and strategy, disbursement of funds, and oversight of all financial and procurement activities.
Who is the Savant Group?
The Savant Group is a consortium of internationally recognized companies located in Midland, Michigan, serving the lubrication, transportation, manufacturing, and energy industries. Our group of companies includes Savant Labs, Tannas Company, King Refrigeration, Excell Manufacturing, and Institute of Materials. We are unique to our industry as each company offers a different product or service while working together to provide our customers with the best, most innovative solutions to their problems.
The multidisciplinary expertise provided by the Savant Group companies enables customers to evaluate performance, monitor quality, perform R&D, and develop innovative solutions for the technical advancement of lubricants, fuels, and related fluids. Our companies continue to grow strong while remaining committed to providing an expanding line of products and services to an increasing customer base around the world.
ESSENTIAL JOB DUTIES
- Lead all financial planning and analysis activities, including forecasting, budgeting, and cash flow management.
- Prepare, analyze, and report on financial performance.
- Build and manage forecasts and comprehensive budgets.
- Implement and oversee internal accounting and purchasing controls.
- Monitor ongoing expenditure and cash flow.
- Oversee corporate insurance policies and risk management, 401k plan, and investment accounts.
- Evaluate and advise on external funding strategies to meet growing business needs. Secure and maintain good relationships with external funding resources.
- Develop strategies to increase profitability and return on investment.
- Oversee accounting tasks, including payables, receivables, payroll, taxes, and compliance.
- Present financial reports to executives, management team, and other stakeholders.
- Collaborate with management team to create budgets and track key performance indicators.
- Set and meet critical deadlines in a fast-paced work environment.
- Adhere to generally accepted accounting principles (GAAP) and other financial and insurance industry regulations.
- Professionally manage and train a team of salaried and hourly direct reports.
- Work with executive leadership to set financial strategy and fiscal goals for the organization.
- Coordinate activities with external accounting firm to ensure the timely and accurate preparation of annual financial statements, tax returns, and other critical financial documents.
- Create, implement, and evaluate improvements to the organization’s financial processes, programs, and supporting information systems.
- Establish and manage procurement goals related to operational and financial objectives of the organization.
- Implement improved sourcing processes to reduce critical shortages and spending.
- Ensure operational outbound packaging and shipping quality standards are in place.
- Ensure inventory levels are appropriate and accurate through use of cycle counting and physical inventory adjustment process.
ADDITIONAL JOB DUTIES
- Attending team meetings to provide updates and share information.
- Assist with ISO 9001 quality documents, records, and procedures.
- Collaborate with HR in evaluation of employee compensation and other financially important matters.
JOB SPECIFICATIONS
EDUCATION/CERTIFICATIONS: Bachelor’s degree in finance, economics, accounting, or a related major is required. Master’s degree in business administration, finance, or accounting preferred.
LICENSURE: Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA) credentials preferred.
EXPERIENCE: At least ten years’ experience in corporate financial management or accounting. At least five years of management experience preferred.
SKILLS
- Acts as a representative of the Savant Group, adhering to our mission, vision, and core values.
- Possess a cultural competency and the ability to work professionally when communicating in a culturally sensitive manner with both individuals and groups from diverse backgrounds.
- Ability to foster good team dynamics, collaboration, and be flexible implementing daily work.
- Understands financial reporting and possesses strong analytical skills.
- Exhibits sound planning and time management skills to ensure goals and deadlines are met.
- Is a role model for others, possessing a positive attitude and a good work ethic.
- Demonstrates ability to manage people and outcomes effectively in a fast-paced and growing environment.
- Strong verbal and written communication skills.
- Self-motivated and the ability to handle unforeseen problems. Does not wait to be told what to do and can work independently.
- Exceptional organizational and leadership skills.
- Must have the ability to develop skill set for balancing employee empathy and goal achievements in the business.
INTERPERSONAL SKILLS
- Develops strong working relationships with colleagues across departments and seniority levels to achieve company goals.
- Communicates effectively with exceptional written and verbal communication skills.
- Works professionally in a culturally sensitive manner with individuals and groups from diverse backgrounds.
PHYSICAL EFFORTS: Must be able to move/lift equipment weighing up to 15lbs. Other physical efforts may include but not limited to carrying weight, lifting, seeing, hearing, talking, sitting, standing, walking, reaching, climbing, stooping, crawling, kneeling, pushing, pulling, repetitive motion/dexterity, and other physical requirements as required by the position.
SAFETY MEASURES: All employees are expected to follow safety procedures and regulations at all times.
HOURS OF WORK: Full-time with a typical schedule of Monday through Friday, 8-hour shifts. Some nights and weekends may be required.
TRAVEL: up to five percent travel annually may be required for this position.
Note: This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for the job. Duties, responsibilities, and activities may change at any time with or without notice.
BENEFITS
- Competitive medical plan options for you and the family
- Health Reimbursement Plan (HRA)
- Standard dental and vision options
- Life Insurance coverage paid by the company
- Voluntary life, accident and disability coverage
- Competitive 401K company match
- Paid time off
- Tuition reimbursement
Aside from the fringe benefits or your compensation, the Savant Group takes employee satisfaction above and beyond. In addition to your fringe benefits, you will also get the following benefits by joining the Savant Group:
- A friendly and welcoming environment
- Flexibility, work-life balance
- Career growth, learning and development
- Employee purpose, recognition and appreciation
- A diverse, equitable and inclusive workforce
The Savant Group is an equal opportunity employer and prohibits discrimination and or harassment based on race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, and or local laws.
Job Type: Full-time
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Employee assistance program
- Health insurance
- Life insurance
- Paid time off
- Professional development assistance
- Retirement plan
- Tuition reimbursement
- Vision insurance
Physical Setting:
- Office
Schedule:
- Day shift
- Monday to Friday
Education:
- Bachelor's (Required)
Experience:
- Accounting: 10 years (Preferred)
- Financial management: 10 years (Preferred)
- Management: 5 years (Preferred)
License/Certification:
- CPA (Preferred)
- Chartered Financial Analyst (Preferred)
Shift availability:
- Day Shift (Required)
Ability to Relocate:
- Midland, MI 48642: Relocate before starting work (Required)
Work Location: In person
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