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Vice President of Finance (Hybrid; Elgin, IL)
$237k-357k (estimate)
Full Time
1 Week Ago
HARTING Americas is Hiring a Vice President of Finance (Hybrid; Elgin, IL) Near Elgin, IL
Join HARTING! A leader in connectivity products and custom solutions…..
We are seeking a Vice President of Finance (hybrid, based in Elgin, Illinois) to lead and manage all of HARTING, Inc.’s and affiliated companies’ financial planning, reporting and accounting practices as well as their relationship with lending institutions, shareholders, and the financial community. The VP will manage the company owned facilities as well as all its fixed assets by performing the following duties personally or through subordinate managers.
HARTING aims to be a trusted advisor to HARTING customers and positions itself as the go-to source expert for industrial connectivity solutions. We partner directly with Original Equipment Manufacturers (OEMs) and Distribution partners for standard product, designed-in value-added products, and Product Development initiatives. In partnership with our President & CEO, the Vice President of Finance will be a key partner to achieve our growth plans across the Americas.
To succeed in this role, you will be highly driven to:
Financial
- Contribute as a proactive and strategic business partner to the President and CEO and senior management team in identifying business trends, developing strategies and implementing plans to assure that company improves its business and competitive position as well as achieving sales and profitability goals. Analyze business data, model scenarios, visualize and communicate business opportunities and co-initiate improvement initiatives, and corrective actions with the President and CEO and senior managers.
- Lead and manage the finance department to strengthen and improve qualification among team members; improve financial understanding and analytical approach within the company and nurture entrepreneurial spirit combined with financial discipline.
- Lead and manage and exercise direct responsibility for Finance. Maintain compatible and effective business processes and systems, adapt and implement changes/improvements where needed.
- Establish monthly and yearly statutory (U.S. GAAP/IFRS) and group reporting like financial statements, variance reporting, budgets and forecasts on basis of corporate wide SAP software system.
- Lead and manage all financial processes and matters, including preparation and monitoring of budgets, financial planning, cost accounting, and timely preparation of internal reporting such as financial reports including budget, actual/YTD, margins by major product group, channel, etc., as well as year-end closing per U.S. GAAP/IFRS; external reporting/filing (such as tax, insurance, customs).
- Develop standard costs, monitor variances, and evaluate product, channel and revenue opportunities; negotiate transfer prices together with the President and CEO and European parent company.
- Provide information to support departments in the management of current and fixed assets.
- Establish and maintain processes to support strategic development of the company.
- Ensure compliance and filing of all tax returns, customs declarations and others where applicable.
- Manage tax fillings, verify tax alternatives and coordinate internal ad external audit activities within U.S. legal frameworks.
Risk Management / Insurance
- Lead and manage the company’s insurance, security and risk management programs assuring protection against property losses, potential liabilities and other risk related exposures.
- Responsible for commercial-related legal, contract, risk management, security and insurance matters.
Bank Relations
- Bank authorization according to the Group rules. Secure short and long term financing.
- Act as company treasurer in maintaining relations with banks, manage cash flow and financing requirements, and coordinate bank matters with parent company CFO in Europe and meet liquidity needs.
Supervisory
- Lead and manage managers who supervise employees in the Accounting Department. Is responsible for the overall direction, coordination, and evaluation of these units.
- Carries out supervisory responsibility in accordance with the organizations policies and applicable laws. Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.
- Other duties as assigned.
Must have skills and experience:
- Bachelor’s degree in accounting, finance, or other related field.
- 10 years of experience in strategic planning, treasury, finance or accounting, or a combination thereof.
- Experience in manufacturing / industrial organization.
- Ability to travel 20%
HARTING Americas is a subsidiary of HARTING Technology Group, a German-based global leader in industrial connectivity solutions. We develop, manufacture, and sell the world's most durable and reliable products and solutions for use in Machinery & Robotics, Automation Devices, Rail & Transportation, Intralogistics & Conveyor Systems, Energy, and Datacenter market segments.
As a third generation, family-owned company, with over 75 years of history, we continue to create value and shape the future with technologies for people. You will discover that we work hard – to fulfill our personal, company, and customer goals, and in our commitment to our community with our holiday drives and our paid VTO (Voluntary Time Off). You will also discover that we like to have fun – like when we celebrate the holidays, host theme days and sweater parties, prost to Oktoberfest, and much more!
HARTING USA offers an attractive total compensation package and employee benefits, including:
- 21 days PTO (Paid Time Off) to start – quickly earn more PTO as you stick with us (36 days max)
- Medical, dental, and vision – several Blue Cross Blue Shield plan options to choose from
- Company-sponsored life, AD&D, and short- and long-term disability – at no cost to employee
- Paid parental leave, tuition and fitness reimbursement, and a hybrid working policy
- 401(k) with a 4% dollar-for-dollar match – fully vested upon eligibility!
Tags: "finance vice president"
Job Summary
JOB TYPE
Full Time
SALARY
$237k-357k (estimate)
POST DATE
05/10/2024
EXPIRATION DATE
07/09/2024
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The job skills required for Vice President of Finance (Hybrid; Elgin, IL) include Accounting, Tax Return, Team Management, Strategic Planning, Planning, etc. Having related job skills and expertise will give you an advantage when applying to be a Vice President of Finance (Hybrid; Elgin, IL). That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Vice President of Finance (Hybrid; Elgin, IL). Select any job title you are interested in and start to search job requirements.
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