Director of Finance
Woodward Iodine Corporation
Job Description
Job Description
Woodward Iodine Corporation is hiring!
Grow your career with the team that sticks together. Our team stays because our people come firs t!
Position Summary
This position serves as a key advisor to executive leadership, translating operational performance into actionable financial insights and supporting strategic decision-making across mining, processing, transportation, and distribution activities.
The Director of Finance is responsible for leading all financial operations and strategies supporting mineral extraction, processing, logistics, and related industrial activities across multiple operating sites in Oklahoma, Texas, and New Mexico. This role provides financial leadership, oversight, and business partnership to operational leaders to drive profitability, cost control, capital efficiency, regulatory compliance, and long-term growth.
The Director of Finance oversees accounting, reporting, budgeting, forecasting, cash management, operational finance, cost accounting, capital project analysis, and internal controls.
The candidate in this role will partner closely with the CEO, COO, Strategy Director, commercial teams, legal counsel, internal and external auditors, investors, and the Board to ensure the company maintains strong financial performance, disciplined risk management, and scalable financial infrastructure.
Key Responsibilities
Financial Leadership & Strategy
- Develop and execute financial strategies aligned with corporate objectives and operational growth plans.
- Serve as a trusted business partner to executive leadership and operational management teams.
- Lead annual budgeting, long-range planning, forecasting, and financial modeling processes.
- Provide financial analysis and recommendations for strategic initiatives, acquisitions, capital investments, and operational improvements.
- Assess business risks and develop mitigation plans to protect company assets and profitability.
Financial Planning & Analysis
- Direct preparation of monthly, quarterly, and annual financial reports.
- Analyze operating results, production costs, margins, and key performance indicators.
- Monitor financial performance against budget and forecast while identifying opportunities for improvement.
- Develop dashboards and performance metrics for extraction, processing, logistics, equipment utilization, and inventory management.
- Support pricing, contract evaluations, and customer profitability analysis.
Accounting & Compliance
- Oversee monthly close, financial reporting, and account reconciliations.
- Ensure compliance with GAAP and company accounting policies.
- Maintain effective internal controls and financial governance processes.
- Coordinate audits and serve as primary liaison with external auditors and tax advisors.
- Ensure compliance with federal, state, and local financial reporting requirements across Oklahoma, Texas, and New Mexico.
Operational Finance & Cost Management
- Lead cost accounting functions related to mining, processing, transportation, maintenance, and production activities.
- Monitor and analyze production costs, yield variances, labor costs, fuel consumption, equipment utilization, and logistics expenses.
- Partner with operations leadership to identify cost reduction and productivity improvement opportunities.
- Evaluate operational efficiency and support continuous improvement initiatives.
- Establish financial controls around inventory management, fixed assets, and fleet operations.
Capital Planning & Asset Management
- Evaluate and monitor capital expenditures, equipment investments, plant expansions, and infrastructure projects.
- Perform financial analysis, ROI evaluations, and investment justification studies.
- Track capital project performance against approved budgets.
- Support asset lifecycle management and capital allocation decisions.
Cash Flow & Treasury Management
- Manage cash flow forecasting, liquidity planning, and working capital initiatives.
- Oversee banking relationships, debt compliance, and treasury operations.
- Optimize cash management and capital deployment strategies.
- Monitor inventory, receivables, and payables to improve working capital performance.
Team Leadership
- Lead, mentor, and develop finance and accounting personnel.
- Foster a culture of accountability, collaboration, and continuous improvement.
- Establish performance objectives and succession planning initiatives.
- Build strong partnerships with operations, human resources, procurement, logistics, and executive leadership teams.
Qualifications
Education
- Bachelor's degree in Finance, Accounting, Economics, or related field required.
- MBA, CPA, CMA, or other advanced financial certification preferred.
Experience
- 10+ years of progressive finance and accounting leadership experience.
- 5+ years in a senior finance management role within mining, aggregates, minerals, energy, manufacturing, industrial operations, or a related heavy industry environment.
- Experience supporting multi-site operations across multiple states.
- Strong background in cost accounting, operational finance, budgeting, forecasting, and capital project analysis.
- Experience working with ERP systems and advanced financial reporting tools.
Knowledge, Skills & Abilities
- Deep understanding of industrial operations, production economics, and supply chain logistics.
- Strong knowledge of cost accounting methodologies and operational KPI development.
- Excellent analytical, forecasting, and financial modeling skills.
- Proven ability to influence executive and operational leaders.
- Strong understanding of internal controls, audit processes, and regulatory compliance.
- Advanced proficiency with ERP systems, Microsoft Excel, and business intelligence tools.
- Exceptional communication, leadership, and problem-solving abilities.
Core Competencies
Strategic thinking and business partnership
Financial leadership in industrial environments
Operational and manufacturing finance
Capital planning and investment analysis
Regulatory and governance discipline
Executive communication and Board interaction
Data-driven decision-making
Change management and organizational leadership
Negotiation and stakeholder management
High integrity and professional judgment
Key Performance Indicators (KPIs)
- EBITDA and operating margin performance.
- Budget and forecast accuracy.
- Cost per ton/unit extracted and processed.
- Cash flow and working capital improvements.
- Capital project ROI and budget adherence.
- Inventory optimization and asset utilization.
- Timeliness and accuracy of financial reporting.
- Internal control effectiveness and audit results.
Working Conditions
This role operates in a combination of corporate office (downtown Oklahoma City),
industrial plant, and field environments. Periodic travel to extraction sites, processing
facilities, construction projects, and partner locations across Oklahoma, Texas, and New
Mexico is required with adherence to safety protocols.
Competitive Compensation and Benefits
Compensation package may include:
- Competitive base salary
- Performance incentives
- Longevity bonus
- Health, Dental, Vision, Life, STD, LTD insurance
- 401(k) with company match
- Paid time off and more
About us
Celebrating Nearly 50 Years of Operations—and Building for the Future
Woodward Iodine Corporation is expanding production through collaboration with our parent company and a strategic partnership with Select Water Solutions. To support this growth, we are seeking talented people to join our family!
Founded in 1977 as a joint venture between Amoco Production Company and PPG Chemicals, Woodward Iodine Corporation was later acquired by Asai Glass Company and Ise Chemicals Corporation. Today, we continue to extract, process, and sell crude iodine, with some activity from the sale of natural gas produced as a by-product of our iodine operations. As we approach our 50th anniversary, we are expanding our infrastructure network across Oklahoma, Texas, and New Mexico.
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