Director of Finance, Cost Optimization (with APAR Oversight)

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Partner with plant functional leaders (e.g., Quality, Supply Chain, Operations) to provide financial insights and support strategic decision-making.
• Lead the preparation and analysis of monthly department level P&Ls, including Budget, Actuals, and Forecast, ensuring accuracy and timely delivery.
• Develop and maintain robust forecasting and budgeting processes aligned with business objectives.
• Identify, evaluate, and drive cost optimization and cost reduction initiatives across the plant.
• Analyze cost drivers, variances, and operational performance; provide actionable recommendations to improve profitability.
• Establish and monitor key performance indicators (KPIs) related to cost efficiency and operational effectiveness.
• Ensure strong financial controls and compliance with company policies and accounting standards.
• Oversee Accounts Receivable (AR) and Accounts Payable (AP) functions, ensuring timely collections, payments, and process efficiency.
• Lead, mentor, and develop AR/AP team members to enhance performance and engagement.
• Support capital investment analysis, including ROI and payback assessments.
• Collaborate with cross-functional teams to support continuous improvement initiatives.
• Present financial results and insights to senior leadership in a clear and concise manner.

COMPETENCY OR POSITION REQUIREMENTS (knowledge, skills, and abilities)

Knowledge:

• Strong understanding of financial planning & analysis (FP&A), cost accounting, and manufacturing finance.
• Knowledge of budgeting, forecasting, and variance analysis processes.
• Familiarity with financial systems, ERP platforms, and reporting tools.

Skills:

• Advanced analytical and problem-solving skills with strong attention to detail.
• Ability to translate complex financial data into actionable business insights.
• Strong leadership and team management skills, particularly in overseeing AR/AP functions.
• Excellent communication and presentation skills, with the ability to influence cross-functional stakeholders.
• Proficiency in financial modeling and advanced Excel (or equivalent tools).

Abilities:

• Ability to operate as a hands-on leader while maintaining a strategic perspective.
• Strong business acumen and ability to partner effectively with non-finance leaders.
• Ability to manage multiple priorities in a fast-paced, deadline-driven environment.
• Proven ability to drive change and lead cost optimization initiatives.

EDUCATION AND EXPERIENCE (required levels)

• Bachelor's degree in Finance, Accounting, or related field required; MBA or CPA/CMA required.
• Minimum of 8-12 years of progressive finance experience, preferably in a manufacturing or plant environment.
• Demonstrated experience in cost accounting, financial planning & analysis, and cost reduction initiatives.
• Prior experience in a leadership role with direct management of finance staff, including AR/AP teams.
• Proven track record of partnering with operations and functional leaders to drive financial performance