Director of Financial Operations
Fort Worth, TX, United States
Lasko Products, an industry leader of home environment products for over 100 years, is seeking a Director of Financial Operations for our Ft. Worth facility or West Chester, PA corporate headquarters.
Reporting to the Corporate Controller, this position is responsible for all financial reporting, budgeting, forecasting, cost analysis for the Operations Team as well as all Cost Accounting.
Key areas of responsibility will include:
Team Management :
Manages and leads a team of 3 plant controllers, a cost accountant and 2 cost analysts
Set and achieve key annual goals with the team
Assess the team’s strengths and weaknesses, work with the Corporate Controller and VP of Operations to develop and correctly position/staff the team
Review, develop, improve the subjects below with the team
Operations Business Partnering :
Key business partner for the VP of Operations and Procurement Director including ownership of:
Plant and supply chain strategic cost analysis for key business decisions such as:
make or buy
onshore/offshore manufacturing
consumer products costing related to customer pricing renewals
capex spending, reporting and process improvement
vendor costs and discounts
Owns key monthly plant reporting, KPI’s, CPU’s and cost savings
Work with the management team to develop, improve and document key operational processes and controls for the above
Contract and cost negotiation oversight as the key business partner with the supply chain team
Cost Accounting and Reporting:
Owns the P&L sections - Standard COGS, Operational COGS and Warehouse/Shipping
Lead and improve all cost accounting and related controls improvement, such as:
Inventory and E&O/SMI reconciliations
Freight, duty, tariff and warehouse accounting
Standard costs
Inventory control process
Monthly close for each above
Assesses and summarize operating results in terms of profitability and performance against plan/prior year to ensure accuracy and identify opportunities
Leads annual strategic planning, budgeting, forecasting, and management reporting
Key owner of all cost related matters - systems, controls, pricing support, executive presentations
EXPERIENCE/QUALIFICATIONS
Qualifications needed in addition to the topics above :
Bachelor's degree in Accounting
7-10 years of experience working in management, with increasing levels of responsibility
Strong communication skills to present concise summary info
Must have a proactive and solid follow up approach
Experience documenting process and controls
Strong MS Office skills
Experience working for a private equity owned company
Preferred, but not essential qualifications:
CPA
QAD ERP experience
PERSONALITY AND LEADERSHIP CHARACTERISITICS
Enjoy continuously improving process and controls, not satisfied with the status quo
Able to handle challenges of juggling multiple recurring and non-recurring projects
Enjoy partnering with team in other departments to ensure accounting is correct
Ability to develop and articulate strategy coupled with a willingness to “roll up your sleeves” and do the work required for success
Strong communication, collaboration, and interpersonal skills
Demonstrated ability to earn the trust and confidence of clients, peers, partners, and employees
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