Director of Finance

3 weeks ago

Wilmington, United States Sarstedt, Inc. Full time
Job DescriptionJob Description

The Director of Finance position oversees all financial aspects of the business and drives the company’s financial strategy and planning. Responsible for assessing the financial performance of the company as well as possible risks and opportunities for growth.

Requires strategic thinking with the ability to make the most profitable decisions with broad knowledge of all accounting, financial and business principles. Has strong leadership skills with demonstrated success in growing and developing high performing teams.

The goal is to guide the company towards profitability and long-term success.

Essential Duties and Responsibilities include the following. Other duties may be assigned as apparent or required by management.

Prepare timely, accurate and detailed reports of financial performance on a monthly, quarterly and annual basis. Retain constant awareness of the company’s financial position and act to prevent problems. Analyze performance, opportunity, risk and effectively communicate to leadership. Make compelling arguments based on facts and data to support business decisions for continuous improvement.

Cultivate strong working relationships with the global SARSTEDT Group, developing corporate projects together with these colleagues while emphasizing a modern team oriented working culture. Assist leadership in shaping the organizational vision and strategy, short- and long-term planning and cross-functional initiatives with a strategic, financial, and sustainability view.

Lead planning and implementation of the operating budget (forecast) and ensure all decisions are guided by organization principles. Monitor and report budget performance to achieve budget control and success.

Manage the company’s accounting system(s). Recognize and anticipate opportunities and challenges as they relate to financial systems and procedures; streamline and improves fiscal functions through successfully implementing enhanced and efficient processes.

Responsible for all fiscal and fiduciary responsibilities and controls. Develop and maintain processes to guarantee accuracy and compliance of accounting and reporting. Lead the financial affairs of the company in accordance with US Generally Accepted Accounting Principles (US-GAAP), SARSTEDT Group Accounting Policies and city, state, and federal government regulations. Manages internal and external financial audits.

Manage the compliance and timely filing of taxes and tax related reporting.

Supervisory Responsibilities

Directly supervises approximately eight employees in the Accounting Department. Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws. Responsibilities include interviewing, hiring, coaching and training employees; planning, assigning, and directing work; setting goals and appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems. Fosters a team culture that embodies a customer service orientation with open communication to anticipate challenges and engage in proactive problem solving.

Qualifications

Proven experience as director of finance or similar role

In-depth knowledge of corporate finance and accounting principles, laws and best practices

Solid knowledge of financial analysis and forecasting

Excellent organizational and leadership skills

Outstanding communication and interpersonal abilities

CPA or other relevant qualification is a plus

Ability to develop and maintain strong relationships built on mutual trust and respect with a variety of internal and external stakeholders

Exceptional analytical and strategic thinking and critical thinking skills with demonstrated experience identifying problems and implementing solutions

Education

BSc/BA in accounting, finance or relevant field; MSc/MA is a plus.

Language Skills

Ability to read, analyze, and interpret financial reports and legal documents.

Ability to respond to common inquiries or complaints from customers, regulatory agencies, affiliates, employees, or vendors.

Ability to effectively present information to top management and/or boards of directors.

Mathematical Skills

Ability to apply financial modeling and mathematical abilities such as algebra, statistics, probability including but not limited to tasks such as frequency distribution, determination of test reliability and validity, analysis of variance, correlation techniques, sampling theory, and factor analysis.

Reasoning Ability

Ability to define problems, collect data, establish facts, and draw valid conclusions.

Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.

Computer Skills

Proficient in the use of MS Office and financial management software (e.g. SAP).

Experience in using modern reporting systems like SAP BW (SAP SEM-BCS/SAP BPC), Cognos or Hyperion is a plus.

Physical Demands The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this Job, the employee is frequently required to sit, talk or hear.

The employee is occasionally required to stand; walk; use hands to finger, handle, or feel; and reach with hands and arms.

This job requires up to 25% travel [HB7] and the ability to operate a motor vehicle.

The employee must occasionally lift and/or move up to 50 pounds.

Specific vision abilities required by this job include close vision and the ability to adjust focus.

Work Environment The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.

The noise level in the work environment is usually quiet.




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