Vice President of Finance
McDonald
A.Y. McDonald Industries is a family of companies that includes A.Y. McDonald Mfg. Co., Cambridge Brass, McDonald Plastic Molding, Val-Matic Valve & Mfg. Corp. and JCM Industries. Each subsidiary works to take care of the customer – our boss, but the first step in achieving this goal is taking care of our co-workers. To be a member of A.Y. McDonald Industries means you thrive in a fast paced, innovative, and ever-changing atmosphere. Experience top notch benefits, advancement opportunities, and a team that wants you to succeed!
ESSENTIAL DUTIES AND RESPONSIBILITIES Essential duties and responsibilities include the following. Other duties may be assigned. Financial Strategy and Business Partnership- Partner with the Chief Financial Officer and senior leadership to develop and execute financial strategies that support the organization’s long-term objectives.
- Provide clear, timely, and actionable financial insight to operating company presidents and functional leaders, including analysis of profitability, pricing, costs, working capital, capital investments, and business performance.
- Challenge assumptions constructively, identify financial risks and opportunities, and recommend actions that improve operating and financial results.
- Support enterprise strategic planning, acquisition evaluation, due diligence, integration planning, and other significant business initiatives.
- Lead the annual budgeting, forecasting, long-range planning, and management reporting processes across the organization.
- Oversee the development of financial models, scenario analyses, forecasts, dashboards, and key performance indicators used to evaluate changing economic conditions, business risks, and strategic alternatives.
- Improve the quality, consistency, and timeliness of financial reporting across operating companies while maintaining appropriate accountability at the business-unit level.
- Prepare and present financial analyses and recommendations to executive leadership and, as requested, the Board of Directors and its committees.
- Provide leadership and oversight for consolidated financial reporting, accounting policies, internal controls, and the annual external audit.
- Ensure financial practices and reporting comply with applicable accounting standards, laws, regulations, third party agreements, and company policies.
- Oversee the continued development and documentation of financial policies, procedures, approval authorities, and control activities.
- Coordinate with internal and external advisors on complex accounting, tax, benefit plan, risk management, and regulatory matters.
- Oversee cash forecasting, liquidity, banking relationships and compliance, investment activities, and working-capital management in coordination with the Chief Financial Officer.
- Provide oversight of federal, state, local, and Canadian tax planning and compliance, including coordination with external tax advisors.
- Support enterprise risk management, insurance program strategy, and evaluation of appropriate risk-financing alternatives.
- Assess financing needs and alternatives and support the use of debt and other financial instruments consistent with business objectives and risk tolerance.
- Build strong partnerships with operations, sales, engineering, and other functions to improve cost visibility, margin management, capital discipline, and operating accountability.
- Advance consistent financial processes, analytical tools, and reporting practices across the organization while recognizing legitimate operating-company differences.
- Promote effective use of enterprise systems, business intelligence, and data analytics to increase the speed and quality of decision-making.
- Identify and lead process improvements that strengthen controls, reduce manual effort, and improve service to internal stakeholders.
- Lead, coach, and develop finance and accounting leaders and professionals, establishing clear expectations and building organizational capability and succession depth.
- Oversee staffing, performance management, training, compensation recommendations, departmental budgets, and finance policies and processes.
- Foster a culture of integrity, accountability, collaboration, continuous improvement, and practical business partnership.
- Build effective working relationships with company leaders, the Board of Directors, external auditors, banks, advisors, and other stakeholders.
- Bachelor's degree in accounting, finance, or a related field required; master's degree in business, accounting, or finance preferred.
- CPA, CMA, or other relevant professional certification preferred.
- Minimum of 10 years of progressive finance or accounting experience, including significant leadership responsibility; experience in a multi-company or multi-location manufacturing environment strongly preferred.
- Demonstrated experience with financial planning and analysis, financial reporting, internal controls, treasury, tax, operational finance, and capital investment analysis.
- Experience leading organizational change, developing finance talent, improving processes, and using enterprise systems and analytical tools to support decision-making.
- Experience with mergers and acquisitions, due diligence, integration, or financing activities preferred. An equivalent combination of education and experience will be considered.
For further information, please review the Know Your Rights notice from the Department of Labor.
Vacancy posted 3 days ago
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