What are the responsibilities and job description for the Vice President of Finance position at LPW Group?
The Vice President of Finance leads our financial strategy and analytical functions. The VP Finance is a key member of the senior management team reporting directly to the CFO. This role will be responsible for driving 1) the FP&A function, 2) the annual budgeting, quarterly forecasting, and variance processes, 3) build out the company’s data infrastructure, and 4) lead the board reporting process to LPW’s private equity ownership. In addition, the VP Finance will partner directly with each of LPW’s five Business Unit leaders to drive operational improvement initiatives. The ideal candidate has a strong background in manufacturing and is experienced in the financial reporting requirements of a private equity-backed company.
Specific responsibilities include, but are not limited to:
Specific responsibilities include, but are not limited to:
- Oversee and directly manage all financial planning, budgeting, and forecasting processes, ensuring alignment with the company's strategic growth objectives.
- Lead the preparation and presentation of financial results and operating performance reports to the leadership team, Board of Directors, and private equity sponsors on a monthly, quarterly, and annual basis.
- Develop and maintain sophisticated financial models to support business decisions, including scenario analysis, capital allocation, and new product initiatives.
- Partner closely with the Business Unit-level commercial and operations teams to analyze product pricing and manufacturing costs, identifying profitability drivers and recommending specific actions for improvements.
- Own the company's data presence strategy, including developing and maintaining dashboards and reporting tools to provide real-time, actionable insights to management and functional teams.
- Monitor and analyze key financial and operational KPIs, providing timely and accurate variance explanations and performance insights.
- Lead Business Unit-level monthly operating reviews.
- Manage a small team, fostering a culture of high performance, analytical rigor, and professional development.
- Ensure all financial reporting to private equity owners is accurate, complete, and delivered on time, with a deep understanding of their reporting requirements and metrics (e.g., EBITDA adjustments, pro forma adjustments).
- Provide financial support and real-time analysis for strategic projects, including Capex requests, pricing strategies, and supply chain optimizations.
- Serve as key liaison between the finance function and other Business Units and functional departments.
- Assist in financial due diligence and the integration of potential mergers and acquisitions.
- Proactively identify and implement process improvements and opportunities for automation within the finance function.
- Minimum of 10-12 years of progressive finance experience, with at least 5 years in a senior FP&A or finance leadership role.
- Proven experience in a manufacturing environment with a strong understanding of cost accounting and operational metrics.
- Demonstrated experience working with private equity sponsors, including a clear understanding of their reporting cadence, data clarity expectations, and financial metrics.
- Exceptional financial modeling and data analysis skills, ideally a power-user of Excel with experience manipulating business intelligence tools (e.g., DataRails, Power BI, Tableau, etc.).
- Strong leadership and team-building skills, with a track record of developing finance professionals.
- Excellent communication and presentation skills, with the ability to translate complex financial data into clear, concise language for non-financial audiences.
- Strategic and commercial mindset with the ability to influence business decisions and drive results.
- Bachelor’s degree in Finance, Business, or a related discipline
- Masters Degree desired