Full Job Description
The Director of Finance is an integral part of the JPS's senior management team, serving as a true business partner and financial counsel to the President involving strategic planning, policy development and implementation, compliance and reporting in support of corporate objectives. Specifically, the Director of Finance will proactively:
Provide accurate and timely submission of JPS financial reporting and forecasting to Steel Partners.
Lead the annual budget process
Provide insight into the business and sound financial analysis for senior management.
Identify new profit opportunities within the existing business.
Support expansion efforts in existing and new markets; this will come from a combination of organic growth and a robust acquisition strategy.
Maintain the financial integrity of the organization with Generally Accepted Accounting Principles (GAAP) and adequate financial controls that are established and maintained in accordance with SARBANES OXLEY.
Ensure the profitability of the business.
Develop talent and processes within the JPS finance organization to meet the requirements of the business, changes in accounting standards and strong internal controls.
Provide overall strategic direction to the Accounting, Purchasing, IT and Transportation organizations, in conjunction with the respective area manager.
The Director of Finance holds full accountability for the integrity of JPS's financial statements, accurately reporting financial and other information that forecasts the company's business activity and financial position as required to meet business reporting and financial regulation needs internally and externally. The Director of Finance provides support to Steel Partners to ensure corporate financial policies, procedures and controls are in use and fully effective at the Company. In addition, the Director Finance effectively leads the Financial and Accounting, IT, Purchasing and Transportation functions. Lean expertise and experience with due diligence and integration of acquisitions a plus.
EDUCATION: A bachelor's degree in Accounting or Finance is required; MBA preferred. CPA/CMA a plus but not required.
PROFESSIONAL & PERSONAL CHARACTERISTICS: The successful candidate will have a total of 12+ years Finance/Controller experience, including 3-5 years as the finance and IT leader for a stand-alone operating company or division in a public company. Responsibility for Procurement and Transportation preferred but not required. The company/division should encompass multiple manufacturing locations (domestic, international would be a plus); multi-site at the divisional/regional level would be a distinct advantage.
The candidate will have the experience of partnering with senior operations and/or P&L leadership to drive superior financial performance in manufacturing/fabrication operations. Must demonstrate a command of all aspects of the Finance function including accounting, contemporary financial planning & analysis tools/practices, and exceptional operational accounting/finance experience (lean accounting experience preferred).
The successful candidate will present superior collaboration and communication skills, conflict management capabilities, and strong executive presence/composure. He/she will demonstrate a strong process orientation and a track record of successfully improving the Financial function's operations and efficiency. Must be willing to travel as necessary (approximately 10%).
Additional traits and competencies that define the successful candidate are:
Tough-minded but a welcome team member.
Must be a "hands on" leader who demonstrates a willingness to dig into the details as needed to determine root cause and countermeasures.
Possesses a high sense of urgency.
Driven by very high expectations and delivers results, not "activity."
A balance of humility and high confidence.
Targets breakthrough performance, not simply incremental gain.
Thinks expansively and believes in achieving the heretofore unachievable.
Is highly autonomous and self-directed.
Is comfortable in a very direct and candid environment focused on results.
No surprises approach; transparency on financial issues.
Can accurately assess businesses from a "general manager's" point of view and set priorities for improvement.
Has the ability to create followership.
Possess the technical skills necessary to resolve a broad array of business issues.
Demonstrates a passion for building a talented organization and specific track record of recruiting and developing highly capable talent.
Manages people well; inspires others; builds motivated, high-performing teams; holds people accountable, and gives useful feedback
Delegates and develops; keeps people informed; provides coaching for today and for the future.
Equally effective communicating at all levels of the organization; communicates a compelling vision and is committed to what needs to be done.
Ability to provide leadership in the design, development and execution of lean accounting processes in finance/accounting.
Effectively articulates issues and facilitates their resolution.