Vice President of Finance

4 weeks ago

Burlington, North Carolina, United States Glen Raven Full time

About the Role

The Vice President of Finance for the Material Solutions Group (MSG) plays a pivotal role as a strategic business partner to the President of MSG. This position demands collaboration with teams across the United States, France, and China, focusing on strategic initiatives, manufacturing excellence, capital allocation, and performance measurement.

Key Responsibilities:

  • Reporting to the President of the Material Solutions Group (MSG), the VP, Finance is a member of the MSG global senior leadership team working collaboratively, as a trusted advisor, with local teams in the United States, France, and China.
  • Drive manufacturing excellence by leveraging in-depth expertise in standard costing practices, implementing robust cost control measures, and spearheading continuous cost improvement initiatives to optimize operational efficiency and enhance profitability.
  • Develop and implement cost containment strategies, leveraging expertise in Hyperion and Power BI for accurate and insightful reporting. Continuously assess and refine cost structures to achieve ongoing cost improvement and support global growth.
  • Utilize Hyperion, Oracle, and Power BI to provide detailed and actionable financial reports, helping senior leadership understand the relationship between manufacturing activities, cost drivers, and overall performance. Offer practical recommendations to optimize financial outcomes and business performance.
  • The VP is a steward of MSG global resources, a partner in determining its strategic direction, a proactive leader and manager delivering operational excellence in finance and related activities, and an influencer driving process and system enhancements throughout the organization.
  • The VP is responsible for aligning the MSG business, finance, and capital allocation strategies to drive global growth while sustaining its strong profit and cash flow performance. He or she provides strategic thinking and guidance on day-to-day business performance, sound working capital management, mergers and acquisitions, and other initiatives.
  • As steward of MSG's global financial and other business resources, the VP is primarily responsible for maintaining a control environment that protects vital assets while effectively balancing risks and costs. The VP is expected to model an appropriate tone at the top regarding integrity and reliability of financial information, to monitor and maintain compliance with laws and regulations, and to advance financial best practices across the global organization.
  • The VP leads and manages MSG's accounting staff to consistently deliver operational excellence and efficiency across all aspects of its finance, accounting, and reporting functions.
  • The VP is a key influencer in advancing efficient, effective information systems and processes across MSG's global footprint. The VP exemplifies and promotes the use of technology for diagnostic, analytical, and predictive benefit. Continuous improvement in technological proficiency is essential as the MSG strives to deliver best-in-class customer service internally and externally.

About You

The VP will be a highly talented financial executive with extensive experience in a growing and complex business environment. Candidates should bring 15+ years of progressive experience in the financial field, including successful managerial and leadership roles in respected businesses. Prior experience in a manufacturing/industrial-based business is required. Candidates must be comfortable in a hands-on, entrepreneurial, and roll-up-your-sleeves environment, while also being capable of leading growth and evolution of the finance organization as Material Solutions itself grows.

Key Skills

  • Hyperion, Oracle ERP, Cost Accounting Knowledge, GAAP, IFRS, Implications of FX

About Glen Raven

Glen Raven is a global leader in the textile industry, renowned for its innovation and excellence in fabric manufacturing. Founded in 1880 and headquartered in Glen Raven, North Carolina, the company has established itself as a premier provider of high-performance fabrics, with a commitment to quality and sustainability.

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