What are the responsibilities and job description for the Head of Finance & Operations position at GACC Midwest - German American Chamber of Commerce of the Midwest, Inc.?
About The Company
The organization is a German‑headquartered, family‑owned manufacturer specializing in high‑performance narrow textiles, technical woven bands, and customized textile solutions for industrial applications. With decades of engineering and manufacturing expertise, the company serves customers across industries such as automotive, industrial manufacturing, and technical textiles, emphasizing precision, quality, and innovation. The U.S. location in Piedmont, South Carolina is seeking a highly proactive, accountable, and strategic Head of Finance & Operations to lead the Finance function and support continued growth. This is a high‑impact leadership role responsible for driving financial performance, ensuring operational compliance, and shaping the strategic direction of the U.S. business.
Position Overview
The Head of Finance & Operations holds full responsibility for all financial, accounting, compliance, and commercial operations functions. This role leads the Finance & Accounting team and serves as the main liaison to Headquarters, tax advisors, legal partners, and insurance providers. The ideal candidate is proactive, highly organized, and able to take full accountability for financial integrity and cross‑functional processes.
Key Responsibilities
Finance & Accounting Leadership
Required
Salary: $120,000–$150,000 (based on experience) an annual performance bonus
Benefits Include
The company is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, sex (including pregnancy), sexual orientation, gender identity, national origin, age, disability, genetic information, veteran status, or any other status protected by federal, state, or local law.
Employment is at-will.
Join us and become the face of German excellence in the U.S.!
The organization is a German‑headquartered, family‑owned manufacturer specializing in high‑performance narrow textiles, technical woven bands, and customized textile solutions for industrial applications. With decades of engineering and manufacturing expertise, the company serves customers across industries such as automotive, industrial manufacturing, and technical textiles, emphasizing precision, quality, and innovation. The U.S. location in Piedmont, South Carolina is seeking a highly proactive, accountable, and strategic Head of Finance & Operations to lead the Finance function and support continued growth. This is a high‑impact leadership role responsible for driving financial performance, ensuring operational compliance, and shaping the strategic direction of the U.S. business.
Position Overview
The Head of Finance & Operations holds full responsibility for all financial, accounting, compliance, and commercial operations functions. This role leads the Finance & Accounting team and serves as the main liaison to Headquarters, tax advisors, legal partners, and insurance providers. The ideal candidate is proactive, highly organized, and able to take full accountability for financial integrity and cross‑functional processes.
Key Responsibilities
Finance & Accounting Leadership
- Lead and mentor the Finance & Accounting team.
- Serve as final owner of the accounting system and financial processes.
- Develop, implement, and continuously improve accounting rules and guidelines.
- Oversee financial statements and monthly/annual reporting.
- Manage cash flow, liquidity, and working capital.
- Lead budgeting and forecasting processes.
- Handle tax matters and serve as main contact for external tax advisors.
- Manage all insurance-related activities and policies.
- Provide regular financial reporting and business updates to global HQ.
- Ensure adherence to internal rules, compliance standards, and corporate governance.
- Maintain, enforce, and improve the Quality Management System.
- Lead efforts to optimize cross‑functional processes between departments.
- Serve as local owner of the ERP system: performance, accuracy, data availability, and process improvement.
- Oversee local IT operations and cybersecurity readiness.
- Act as primary contact for all legal issues.
- Perform P&L analysis, including material cost assessment.
- Evaluate the impact of article mix changes on cost, output, sales, and profitability.
- Analyze trade goods vs. local production impacts on margins.
- Assess intercompany pricing structures.
- Monitor stock levels and inventory performance.
- Evaluate stock takes and support continuous inventory accuracy improvement.
- Analyze sales trends and support Sales with financial insights.
- Track material cost developments (e.g., yarn) and assess pricing implications.
- Evaluate AR risk and drive credit management improvements.
- Develop KPIs and create financial tools for business assessment, including:
- Improved waste‑quote calculations
- Enhanced article‑level cost calculations
Required
- Bachelor's degree (Finance, Accounting, Business, Economics, etc.)
- 8–12 years of finance experience
- Experience in a global business environment
- MBA
- Professional certifications (CPA, CFA, CMA)
- Leadership and management experience
Salary: $120,000–$150,000 (based on experience) an annual performance bonus
Benefits Include
- Medical, dental, and vision insurance
- Life insurance
- 401(k) and Roth 401(k)
- Paid Time Off (PTO) 1 floating holiday
The company is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, sex (including pregnancy), sexual orientation, gender identity, national origin, age, disability, genetic information, veteran status, or any other status protected by federal, state, or local law.
Employment is at-will.
Join us and become the face of German excellence in the U.S.!
Salary : $120,000 - $150,000