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VP Finance
3 months ago
Vice President of Finance (North America)
Job Id.: 20240729-VPFIN-BNC
JOB TITLE: Vice President of Finance (North America)
DEPARTMENT: Finance
REPORTS TO: CEO/President
EFFECTIVE DATE: August 1, 2024
Join a leading global player in the thriving space of machine manufacturing and motion control products, solutions, and services -including system integration and machine and equipment relocation and installation- for intelligent, high-performing, and efficient industrial machines. Play a significant role in one of the most dynamic and high-tech companies in the automation and servo motors and drives space, contributing to maximizing the productivity and efficiency of major international customers, maximizing their efficiency, performance, and sustainability.
Baumueller-Nuermont Corp., a wholly owned subsidiary of Baumüller Nürnberg GmbH, a leading manufacturer and solutions provider of intelligent drive and automation systems, bringing digital technologies to industrial manufacturing, transportation, and other market segments to maximize sustainability, circularity, efficiency, and performance- is looking for a Vice President of Finance.
SUMMARY:
- Overseeing payroll, billing, accounts payables, and receivables. Budgeting, forecasting, and reporting all business financial activities.
DUTIES AND RESPONSIBILITIES:
- Oversees the Accounting team, processing payroll and account payables and receivables.
- Directs the financial planning and management to optimize sustained business growth in revenue and profit.
- Works under broad corporate reporting guidelines to develop, analyze, prepare, interpret, and communicate financial and critical operating information to appraise financial results in terms of profitability, performance against budget, and prior year and other matters bearing on the fiscal soundness and operating effectiveness of the business unit.
- Prepares and provides oversight for business unit operating budgets and profit and loss (P&L) statements.
- Works to determine best practices and high-priority improvements for company accounting and financial processes.
- Participates in formulating and administering company policies and developing long-range goals and objectives.
- Directs and coordinates activities of department or division for which responsibility is delegated to further attainment of goals and objectives.
- Reviews analyses of activities, costs, operations, and forecast data to determine department or division progress toward stated goals and objectives.
- Confers with chief administrative officer and other administrative personnel to review achievements and discuss required changes in goals or objectives resulting from current status and conditions.
- Performs a comprehensive competitive analysis, including financial metrics and differentiation.
- Performs other related duties as assigned by management.
SUPERVISORY RESPONSIBILITIES:
- Directly supervises three (3) employees within the Finance and Accounting departments.
- Indirectly supervises two (2) employees within the Installations department.
- Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws.
- Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.
WORK EXPERIENCE:
- Have a demonstrated track record of success in a similar role in similar companies.
- Seven years of professional experience with a minimum of three years in related companies is required.
- It will be advantageous to understand the following businesses and market segments:
- Industrial products, solutions, and services,
- Projects, system integration, and machine and equipment relocation and installation
- industrial manufacturing
- machine manufacturing
QUALIFICATIONS:
- Bachelor's degree (B.A.) from a four-year college or university; or one to two years related experience and/or training; or equivalent combination of education and experience.
- A proven track record of success that includes administrative management, facilities, creative problem-solving and business partner experience is desired.
- It requires critical thinking skills, communication skills (verbal and written), and interpersonal skills.
- Remain calm and professional in stressful situations.
- Friendly, courteous, service-oriented, and flexible, and enjoy working with a variety of staff.
- Detail-oriented and works effectively under pressure while meeting all applicable deadlines.
- Must be able to work independently and productively with minimum supervision and manage multiple projects.
- Recognize problems, identify possible causes and resolve routine problems.
- Establish and maintain effective working relationships with internal and external organizations, groups, team members and individuals.
COMPETENCIES:
- Analytical - Synthesizes complex or diverse information; Collects and researches data; Uses intuition and experience to complement data; Designs work flows and procedures.
- Interpersonal Skills - Focuses on solving conflict, not blaming; Maintains confidentiality; Listens to others without interrupting; Keeps emotions under control; Remains open to others' ideas and tries new things.
- Oral Communication - Speaks clearly and persuasively in positive or negative situations; Listens and gets clarification; Responds well to questions; Demonstrates group presentation skills; Participates in meetings.
- Teamwork - Balances team and individual responsibilities; Exhibits objectivity and openness to others' views; Gives and welcomes feedback; Contributes to building a positive team spirit; Puts success of team above own interests; Able to build morale and group commitments to goals and objectives; Supports everyone's efforts to succeed.
- Leadership - Exhibits confidence in self and others; Inspires and motivates others to perform well; Effectively influences actions and opinions of others; Accepts feedback from others; Gives appropriate recognition to others.
- Managing People - Includes staff in planning, decision-making, facilitating and process improvement; Takes responsibility for subordinates' activities; Makes self available to staff; Provides regular performance feedback; Develops subordinates' skills and encourages growth; Solicits and applies customer feedback (internal and external); Fosters quality focus in others; Improves processes, products and services.; Continually works to improve supervisory skills.
- Diversity - Demonstrates knowledge of EEO policy; Shows respect and sensitivity for cultural differences; Educates others on the value of diversity; Promotes a harassment-free environment; Builds a diverse workforce.
- Ethics - Treats people with respect; Keeps commitments; Inspires the trust of others; Works with integrity and ethically; Upholds organizational values.
- Judgement - Displays willingness to make decisions; Exhibits sound and accurate judgment; Supports and explains reasoning for decisions; Includes appropriate people in decision-making process; Makes timely decisions.
- Professionalism - Approaches others in a tactful manner; Reacts well under pressure; Treats others with respect and consideration regardless of their status or position; Accepts responsibility for own actions; Follows through on commitments.
LOCATION:
- Baumueller-Nuermont's Corp. offices in Norcross, GA, US.
About Baumueller-Nuermont Corp.
Baumueller-Nuermont Corp. is a wholly owned subsidiary of Baumüller Nürnberg GmbH, with four locations in North America -Toronto, CA; Norcross, GA, US; Chicago, IL, US; Queretaro, Mx- providing products, solutions and services.
About The Baumüller Group
Baumüller has its headquarters in Nuremberg (Germany). At production sites in Germany, the Czech Republic, Slovenia, and China, as well as in over 40 branches worldwide, around 2,000 employees develop and produce intelligent system solutions for machine manufacturing and e-mobility.
In addition, the range of services offered by the Baumüller Group includes engineering, assembly, and industrial relocation, as well as services, thus covering all aspects of life cycle management.
The Baumüller Group includes the following companies
- Baumüller (Baumueller Products)
- Baumüller Anlangen-Systemtechnik (Baumueller Systems)
- Baumüller Services (Baumueller Services)
- Nürmont (Installations)
- IEMTEC