Finance Director

3 weeks ago

Duluth, Minnesota, United States Nordson Full time

Collaboration drives Nordson's success as a market leader in Industrial Precision Solutions and Advanced Technology. Our employees thrive in an environment where we help each other reach our personal best and enable our company to continuously improve and grow, and our customers to succeed. You will find Nordson employees sharing our success by giving back in the communities around the world where we live and work.

Under the direction of theVP, IPS Finance Segment, responsible for financial planning, reporting, and maintaining adequate internal controls to ensure compliance with financial policies. The Finance Director provides financial leadership to business decision making, and sound, innovative planning in managing the division's financial affairs to maximize long-term profits, cash flow and total return to Nordson shareholders. He/she leverages Nordson's global Accounting & Control presence and infrastructure to maximize synergies. Responsible for appraising operating results in terms of costs, budgets, policies of operations, trends and driving increased profit opportunities.

Job Description

Essential Job Duties and Responsibilities

  • Responsible for overseeing all operational areas effecting the business globally, including Planning and Forecasting, Asset Management, Manufacturing /Costing, and ad hoc analysis as required.
  • Proactively partners with the business management in establishing and managing the strategic direction and financial goals to drive breakthrough results.
  • Interprets operating results as they affect the financial aspects of the corporation and makes specific recommendations which will result in cost reduction and profit improvement.
  • Directs the preparation of statistics for periodic and yearly financial statements, including the preparation of charts and graphs showing progress, conditions and results.
  • Coordinates and drives the accuracy, completeness and timing of the Operating Plan and Strategic Plan processes, including identifying key issues, objectives, risks and opportunities.
  • Provides Financial Analysis and Support to the organization, including capital expenditure justification and analysis, sales trend analysis, competitive and market analysis and product line P&L development.
  • Provides guidance on achieving goals in accordance with established policies and procedures, as well as adherence to generally accepted accounting practices.
  • Reviews financial statements, explains variances and presents financial information to management for all entities including foreign subsidiaries.
  • Provide timely and accurate analysis of budgets, financial reports and financial trends in order to assist Business Leadership in performing their responsibilities.
  • Ensures maintenance of accurate and complete financial records, in compliance with both legal requirements, local accounting and US GAAP standards.
  • Leads the effort of establishing, monitoring, and enforcing an effective internal controls environment. Develops and takes necessary actions to support SOX compliance effort. Liaises with internal and external auditors.
  • Administers, develops and improves accounting and control policies, procedures, work processes and reporting systems to support growth and efficiency, while reducing complexity and increasing speed.
  • Meets corporate financial reporting requirements in a timely and accurate manner.
  • Provide strategic financial input and leadership on decision making issues affecting the organization
  • Identify best practices and continuous improvement opportunities and facilitates embedment of the practices into the organization.
  • Utilizes appropriate financial analysis techniques, data and prudent assumptions to evaluate investment opportunities and ensures healthy return on investments while managing risks.
  • Leads the businesses' development of key performance metrics and tracks performance over time.
  • Develops people to reach their full potential through individual coaching, training, and career development, preparing them to assume increased responsibility.
  • Provides direct supervision to financial planning and reporting support employees.
  • Assumes other special activities and responsibilities as required.
Education and Experience Requirements
  • Bachelor's degree in Finance/Accounting.
  • Master's in Business Administration and/or CA/CPA and/or CMA preferred.
    • Minimum 10 years of relevant experience in finance and accounting, including exposure to manufacturing operations.
    • Minimum 5 years demonstrated supervisory experience, along with a solid accounting background and excellent communication skills.
      • Ability to receive assignments in form of objectives with goals and process to meet goals outlined.
      • Able to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists.
      • Ability to interpret a variety of instructions furnished in written, oral, diagram or schedule forms.
      • Knowledge of Accounting software, Spreadsheet software and Word Processing software.
      • Solid accounting background and strong demonstrated supervisory and communication skills.
      • Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.
      • Ability to write reports, business correspondence, and procedure manuals.
Preferred Skills and Abilities
  • Strong initiative, leadership, thinking and problem solving, financial analysis and communication skills.
  • Ability to work in a matrixed organization while keeping a clear understanding of the objectives and financial commitments of the businesses.
  • Superior technical financial skills, balanced with sound business judgment, including the ability to balance financial and operational factors, analyze complex business problems and develop appropriate solutions.
  • Strong Excel skills.
  • Sarbanes-Oxley experience a plus
  • SAP ERP/MRP experience a plus
Working Conditions and Physical Demands

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed above are representative of the knowledge, skill, and/or ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

The employee is regularly required to sit; use hands to finger, handle, or feel; and talk or hear. The employee is occasionally required to stand, walk, and reach with hands and arms; requires close vision ability. Noise level is usually moderate.

Travel Required

None

Minimal

Estimated - 15% -20%
Nordson Corporation provides equal employment opportunity to all applicants and employees. No person is to be discriminated against in any aspect of the employment relationship due to race, religion, color, sex, age, national origin, ancestry, disability, sexual orientation, gender identity, genetic information, citizenship status, marital status, pregnancy, veteran status or any other status protected by applicable federal, state, or local law. All employment offers are contingent upon successful completion of our pre-employment drug screening and background/criminal check, consistent with applicable laws.Third party recruiters and agencies should not contact employees of Nordson or its subsidiaries directly. Any resumes sent to a hiring manager or submitted to Nordson employees are considered unsolicited and property of Nordson. Nordson will not pay a placement fee unless the agency or recruiter has a signed contract with Nordson's Human Resources department in advance of submitting a candidate for consideration. Verbal and written approvals will not be considered a valid contract for service.

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