Vice President Finance Newton, New Jersey US - Executive

At Thorlabs Inc., we’re pushing the boundaries of photonics and laser innovation, and we know that our people are at the core of our success. The position will play a pivotal role in assisting the Chief Financial Officer (CFO) in analyzing the financial performance of the Company, help drive budgeting and forecasting processes to ensure alignment with organizational goals, evaluating opportunities for growth and for increased profits throughout the Company’s global operations, the efficient management and preservation of the Company’s resources, risk and governance, and implementing the current and long-term financial strategy for the Company to achieve the Company’s current and long-term business and strategic plans. In these efforts the position will collaborate with the Global Controller, Head on Controlling and Finance for Europe and local and foreign controllers.This position is generally viewed as a career path for succession to the office of the CFO, subject to appointment by the Company’s board of directors in its sole discretion.

What You’ll Do

• Plan, develop, organize, implement, direct, and evaluate the organization's fiscal function and performance.
• Participate in developing the corporation's plans and programs as a strategic partner.
• Evaluate and advise on the impact of long-range planning, introduction of new programs/strategies, and regulatory action.
• Assists the CFO in preparing all financial statements, including income statements, balance sheets, shareholder reports, tax returns, and governmental agency reports.
• Develop credibility for the finance group by providing timely and accurate analysis of budgets, financial reports, and financial trends to assist the CEO, and other senior executives in performing their responsibilities.
• Enhance and/or develop, implement, and enforce policies and procedures of the organization by way of systems that will improve the overall operation and effectiveness of the corporation.
• Establish credibility throughout the organization as an effective developer of solutions to business challenges.
• Provide technical financial advice and knowledge to others within the financial discipline.
• Continual improvement of the budgeting process through education of department managers on financial issues impacting department budgets.
• Provide strategic financial input and leadership on decision‑making issues affecting the organization; i.e., evaluation of potential alliances, acquisitions, and/or mergers and pension funds, and investments.
• Optimize the handling of bank and deposit relationships and initiate appropriate strategies to enhance cash position.
• Develop a reliable cash flow projection process and reporting mechanism that includes a minimum cash threshold to meet operating needs.
• Be an advisor from a financial perspective on any contracts into which the corporation may enter.
• Evaluate the finance division structure and team plan for continual improvement of the efficiency and effectiveness of the group, as well as provide individuals with professional and personal growth with emphasis on opportunities (where possible) of individuals.
• Provides senior management with effective advice on company strategies and their implementation.
• Direct the standardization of global financial processes, including introducing new technologies

In addition to the essential functions and duties listed above, all positions are also responsible for:

• Meeting company standards pertaining to quantity and quality of work performed on an ongoing basis, performing all work‑related tasks in a manner that follows all Company policies and procedures.
• Adhering to Company policies, procedures, and directives regarding standards of workplace behavior in completing job duties and assignments.

The Company retains the right to change or assign other duties to this position.

Physical Activities:

No physical demands are required to perform duties.

What You Bring

• 15-20 years of accounting/finance experience
• M&A experience a plus.
• Bachelor’s Degree in Accounting/Finance or related field.
• CPA or MBA preferred.
• Strong Manufacturing industry experience is a must.
• Proficient in database and accounting computer application systems (including Excel, Word, PowerPoint, and ERP systems).
• Background coordinating with IT staff and management of accounting and ERP systems.
• Significant experience working with external auditors, bankers, and other key business partners.
• Ability to evaluate acquisition opportunities.
• Strong business acumen and strategic thinking skills.
• Demonstrated experience as a change agent.
• Strong experience in financial management.
• Demonstrated experience with global orientation/experience with international project management.
• Demonstrated experience in process evaluation/management.
• Strong sense of confidentiality & ethical conduct.

Salary range for this position is $300,000 - $350,000 depending on experience

Thorlabs values its diverse environment and is proud to be an Equal Employment Opportunity/Affirmative Action employer. All qualified individuals will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age or veteran status. Job descriptions are not intended as and do not create employment contracts. The organization maintains its status as an at‑will employer. Employees can be terminated for any reason not prohibited by law

Thorlabs offers a complete benefits package that includes medical, dental and vision insurance, company paid life insurance, a generous PTO package, a 401(k) plan, and tuition reimbursement just to name a few..