Summary:
Reports to the President of the SBU and is a key member of the SBU leadership team. Assists in creating and executing company wide strategic objectives and long-term goals. Responsible for the timely and accurate reporting of financial results, forecasts and metrics, both to SBU leadership and to the Astronics corporate accounting team. Ensures adherence to internal controls under SOX 404 as well as US GAAP standards. Leads the annual budgeting process. Manages the accounting department personnel.
Main Duties and Responsibilities:
• Accounting, internal controls, financial policies, budgeting and planning for a standalone business unit (SBU) that includes four manufacturing locations located in the US and Canada.
• Provides financial reporting, data and metrics, covering current and future financial performance, to the functional leaders of the SBU as well as to the corporate accounting function. Provides forecasts of working capital requirements, cash flow, profitability and other key financial measures.
• Participates in the strategic planning process and contributes actively in the creation of common policies, systems, processes, procedures and tools.
• Champions and supports implementation of the strategic plan, policies, systems, processes, procedures and tools with hands-on involvement and reinforcement.
• Directs and manages the finance/accounting department personnel including hiring, performance evaluation, termination and employee development.
• Establishes positive collaboration across all functional elements of the SBU and fosters an environment where teams and employees can thrive.
• Drives continuous improvements that foster long-term growth and profit
• Works with Corporate Financial Management as the key liaison for all SBU related corporate financial requirements.
• Conducts internal assessments to ensure the integrity of the SBU's financial reporting. Coordinates internal auditing activities with the Corporate Internal Audit Department and external auditors engaged with the Company.
• Implements and administers a cost accounting system for the capture, allocation and financial reporting of product line, program and/or contract performance with adherence to US government accounting regulations when applicable.
• Directs the preparation, approval and administration of company budgets.
• Plays a major role in structuring and utilizing the ERP system to maximize the data integrity needed to effectively manage the company and provide the necessary data for accurate and timely reporting.
• Provides leadership by living the core values, promoting company purpose, long-term goals and value proposition.
Competencies:
• Self-driven, tactful, mature, upbeat, flexible and enthusiastic.
• Strong work ethic, professionalism, high moral standards, judgment.
• Customer and results orientated.
• Can structure, simplify, delegate, predict and systemize.
• Fast learner, comfortable with details.
• Ability to adjust and understand the big picture.
• Resourcefulness in solving problems.
• Systemic thinker with the ability to focus on risk and criticality.
• Interpersonal and social skills, team player.
• Strong communication skills, verbal and written and the ability to interact with all individuals throughout all areas of the organization.
• Excellent organizational and planning skills
Qualifications:
• Bachelor's (Master's preferred) degree in Accounting, Finance or Management Information Systems
• CPA
• (10+) years of related experience, experience with manufacturing organizations preferred, public accounting experience a plus
• (5+) years in a leadership capacity leading and motivating a diverse team.
• Extensive experience with internal controls under SOX 404
• Strong understanding of US GAAP
• Strong data analytics and business process automation skills
• Experience with government cost accounting rules and regulations (Federal Acquisition Regulations, TINA compliance etc.) is preferred
• Able to create and implement best practice roadmap for cost accounting, performance metrics and financial reporting.
• Experience with MRP/ ERP software.
• Excellent computer skills with proficiency in Microsoft Suite.
Expected Results, Measures of Success:
• Fits within the company culture
• Builds trust with SBU leadership, SBU accounting and Corporate teams.
• Successfully navigates department leadership transition from incumbent
• Enhances the department's structure to meet SBU and Corporate deliverables
• Enhances the financial reporting process to ensure accuracy, timeliness while also reducing stress
• Plays a major role architecting and implementing a business process automation roadmap
• Is a strong contributor to the SBU strategic direction and leadership
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