Vice President of Finance
Description
Executive leadership role responsible for financial strategy, operating discipline, risk management, and long-term enterprise value.
REPORTS TO President / Chief Executive Officer | FUNCTION Finance and Accounting | LOCATION North Ridgeville, Ohio |
Position Mandate
The Vice President of Finance is the Company’s senior financial officer and a member of the executive leadership team. This leader partners with the President/CEO, Board, and business leaders to improve profitability, cash generation, working capital, capital allocation, and long-term enterprise value, while ensuring accurate, timely, and compliant financial reporting.
Primary Accountabilities
1. Strategic and Board Leadership
• Advise the President/CEO, Board, and executive leadership team on financial performance, business risks, growth opportunities, capital requirements, and strategic alternatives.
• Own the annual operating plan, rolling forecasts, long-range financial plan, and scenario analysis, and translate the results into clear actions for business leaders.
• Establish meaningful financial and operating metrics, including revenue, gross margin, labor and overhead, material cost, productivity, inventory, working capital, cash flow, and return on invested capital.
2. Financial Stewardship and Reporting
• Lead accounting and finance, including consolidated reporting, FP&A, treasury, tax, audit, credit, insurance, and financial systems.
• Ensure monthly, quarterly, and annual financial statements and management reports are accurate, timely, and prepared in accordance with U.S. GAAP and Company policy.
• Maintain effective internal controls, accounting policies, and financial procedures that safeguard assets, mitigate risk, and support reliable decision-making.
3. Manufacturing and Operating Performance
• Partner with operations, sales, engineering, supply chain, and business-unit leaders to improve product costing, pricing, mix, margins, capacity utilization, and overall operating performance.
• Lead standard costing, inventory valuation, variance analysis, excess and obsolete reserves, and controls over bills of material and routings.
• Drive continuous improvement through ERP, business intelligence, automation, data governance, and standardized financial processes.
4. Cash, Capital, and Risk Management
• Lead cash management, liquidity planning, banking relationships, credit facilities, covenant compliance, foreign exchange, and capital-structure recommendations.
• Establish disciplined processes for capital-expenditure planning, financial justification, approval, and post-investment review.
• Coordinate external audit and tax compliance, and manage relationships with auditors, tax advisors, banks, insurers, and other financial partners.
• Partner with functional leaders to assess financial, operational, cybersecurity, insurance, legal, and business-continuity risks.
5. Growth, Multi-Entity Oversight, and Leadership
• Support acquisitions, divestitures, strategic partnerships, and other growth initiatives through due diligence, valuation, financing, integration planning, and ASC 805 compliance when required.
• Provide financial oversight and consistent reporting standards for domestic and international operations, including intercompany activity and foreign-currency considerations.
• Build, develop, and retain a high-performing finance organization with clear goals, accountability, succession plans, and timely feedback.
• Provide direct oversight of the Company’s Corporate IT infrastructure and resources, including networks, systems, applications, cybersecurity, vendors, budget, and technology staff, to ensure secure, reliable, and cost-effective technology that supports business operations and financial reporting.
• Promote ethical conduct, sound stewardship, and decisions consistent with RW Beckett’s core values and long-term objectives.
Candidate Profile
• Strategic, hands-on financial leader who can move comfortably between Board-level issues and detailed manufacturing economics.
• High integrity, sound judgment, executive presence, and the ability to challenge assumptions constructively and influence decisions across functions.
• Able to convert complex financial and operational information into concise, practical recommendations for executives, directors, and non-financial leaders.
• Demonstrated leadership in talent development, change management, communication, and cross-functional collaboration; maintains discretion with sensitive private-company information.
Required Experience and Expertise
• At least 12 years of progressively responsible finance and accounting experience, including significant leadership responsibility in a U.S.-based manufacturing organization.
• At least 5 years in a senior finance role such as CFO, Vice President of Finance, Corporate Controller, or equivalent.
• Deep knowledge of U.S. GAAP, financial reporting, internal controls, audit, treasury, tax, budgeting, forecasting, and enterprise risk management.
• Strong manufacturing-finance expertise, including standard costing, inventory, operational metrics, margin analysis, working-capital improvement, and capital-investment evaluation.
• Experience with multi-site operations, consolidated reporting, and risk management.
• Advanced proficiency with ERP systems, financial planning and reporting platforms, business intelligence tools, and Microsoft Excel.
Preferred Qualifications
• Experience with international operations, acquisitions, lender relationships, ERP transformation, and private or family-owned businesses.
• Experience with captive insurance.
• MBA or other relevant advanced degree.
• CPA or CMA certification.
Education
Bachelor’s degree in accounting, finance, or a related field required.
Work Environment and Travel
The position operates in professional office and manufacturing environments and requires regular presence at Company facilities. Travel to other Company, customer, supplier, banking, or professional-partner locations may be required.
Additional Responsibilities
Perform other executive-level responsibilities and special projects as assigned.