Director of Finance
$220k - $250kKratos Industries
Description
Salary Range : $220,000.00 - $250,000.00 Annually
On Site Position : M-F - 7:30 AM - 4:30 PM
Location :
Kratos Industries – KPSM
6255 Joyce Dr
Arvada, CO 80403
COMPANY OVERVIEW:
The Power & Thermal Management Division of Legrand delivers an innovative, industry-leading portfolio of expertly engineered solutions that meet the ever-evolving needs of data centers and building network infrastructures.? The businesses that drive digital transformation trust us with their mission-critical operations because of the commitment to technological excellence established by our Legrand, Ortronics, Raritan, Server Technology, Starline, Approved Networks, ZPE Systems and Kratos Industries brands.
Kratos Industries:
Kratos Industries is a manufacturer of custom low and medium voltage power distribution equipment for mission critical infrastructure. Headquartered in Arvada, Colorado, the company engineers, manufactures, and tests electrical power systems used in data centers, utilities, healthcare facilities, industrial plants, and other critical infrastructure projects. Our culture is built around a set of guiding principles known as CODE ORANGE, which promotes accountability, innovation, collaboration, craftsmanship, and integrity throughout the organization. Please welcome the entire Kratos team to Legrand.
POSITION SUMMARY:
The Director of Finance (DOF) at Kratos Industries will serve as a key member of the executive leadership team, driving the company’s financial vision and strategy. This role is responsible for managing the financial health of the organization, ensuring compliance with regulatory standards, and fostering operational efficiency. The DOF will provide strategic directions on all financial matters, including budgeting, forecasting, and risk management, while aligning financial goals with the company’s broader business objectives. As a trusted advisor to the VP/GM of Kratos, this individual will play a pivotal role in shaping the future of the company and delivering sustainable growth.
DUTIES AND RESPONSIBILITIES:
Essential Functions:
- Develop and implement financial strategies aligned with the company’s goals, ensuring long-term financial health and growth.
- Ensure accurate and timely financial reporting and compliance with all regulatory requirements. This includes variance analyses to Budget, Forecast and Prior Year, adjusted operating income walks, supplemental data reporting, month end closure, quarter reviews, orders, daily sales and weekly orders.
- Prepare the Annual Budget and Quarterly Forecasts for Legrand; and coordinate with all key support functions including operations and SG&A department heads
- The role will be a key contributor in financial analytics and driving key processes within the organization including price optimization, working capital management, cost reduction programs and supporting the SIOP process.
- Partner with GM and Business Leadership to drive cost reduction and working capital initiatives, initiate such discussions with foresight of business conditions.
- Partner with FP&A Divisional and Regional Leadership to meet timelines, reviews, and deliverables of the P&L and working capital forecast and results
- This position will also assist in streamlining processes and implementing tools to drive effective business decisions.
- Drive transparency of financial results and outlook throughout the matrix organization, including understanding and communicating reasons for variance to plan/budget.
- Support and consistently communicate with the GM and Business Leadership.
- Understand operational accounting elements such as absorption costing, production expenses, labor needs, inflation, productivity projects and cost reduction planning, inventory connectivity to the P&L and SIOP cycles.
- Identify and develop tools to manage the business, provide visibility into key metrics and drive operating performance.
- Identify and mitigate financial risks, implementing robust internal controls.
- Lead and mentor the finance and accounting teams, fostering a culture of high performance.
- Collaborate with the executive team and Legrand Leadership to provide financial insights and recommendations.
- Ensure Finance and Accounting docking with Legrand is successfully completed by predetermined schedule.
- Provide direction, coaching and feedback to direct reports. Ensure annual performance goals are met for self and direct reports.
MINIMUM QUALIFICATIONS:
- Minimum of 15 years in senior financial leadership roles, preferably within the manufacturing or industrial sectors.
EDUCATION, SKILLS AND EXPERIENCE:
Education:
- Bachelor’s degree in finance, Accounting, or a related field; MBA or CPA preferred
Skills
- Strong analytical skills
- Strategic planning
- Communication skills
- Ability to work with remote direct reports and foster a positive and productive work environment
- Ability to work in a fast-paced, deadline driven workplace.
Experience
- Minimum of 15 years in senior financial and accounting leadership role, preferably within the manufacturing or industrial sectors.
- Proven ability to lead cross-functional teams and drive organizational change.
COMPUTER SKILLS:
- Proficiency in financial software and systems including entire Microsoft 365 suite, SAP, Concur expense reporting
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