Director of Corporate Finance

Title: Director of Corporate Finance
Department / Team: Biz Planning & Ops. / Corporate Finance
Supervisor: Head of Corporate Finance
FLSA Status: Salary
Position Status: Permanent, Full-time
Work Status (Remote/Hybrid/In-Office): In-Office
Location: Highland Hills, OH

DIRECTOR OF CORPORATE FINANCE

SUMMARY

As a key member of the Corporate Finance team, the Director of Corporate Finance will report to Head of Corporate Finance and assume a strategic role in the overall management of the company. The Director of Corporate Finance will help and support the Head of Corporate Finance to supervise and oversee primary day-to-day responsibility for planning, implementing, managing, and controlling all financial-related activities of the company. This will include direct responsibility for accounting, finance, forecasting, strategic planning, job costing, property management, deal analysis and negotiations, investor relationships and partnership compliance, and private and institutional financing.

ESSENTIAL JOB FUNCTION & RESPONSIBILITIES

• Communicate, engage and interact with the Head of Corporate Finance and executive team.

• Assess and evaluate the financial performance of the organization with regard to long-term operational goals, budgets, and forecasts. Provide insight and recommendations to both short-term and long-term growth of the organization.

• Identify, acquire and implement systems and software to provide critical financial and operation information. Evaluate departments and make suggestions for automating processes and increasing working efficiency.

• Create and establish yearly financial objectives that align with the organization’s plans for growth and expansion.

• Recruit, interview and hire finance and accounting staff, as needed.
• Participate in pivotal decisions as they relate to strategic initiatives and operational models.
• Implement policies, procedures, and processes as deemed appropriate by the senior leadership team.

FINANCIAL ANALYSIS, BUDGETING AND FORECASTING
 

• Prepare and present monthly financial budgeting reports including profit and loss by division, forecast vs. budget by division and weekly cash flow by division.
• Review and analyze monthly financial results and provide recommendations.
• Develop and maintain a monthly operating budget and annual company operating budget.
• Identify, develop and execute analysis of business initiatives, product launches and/or new service offerings.
• Manage financial planning and analysis. Supervise the creation of reports, software implementation, and tools for budgeting and forecasting.

ACCOUNTING, GENERAL LEDGER, ADMINISTRATION AND OPERATIONS
 

• Supervise accounting team members to ensure the proper functioning of all systems, databases, and financial software. Provide regular maintenance and backup of all accounting systems and supervise company financial staff.
• Review and ensure application of appropriate internal controls, compliance, and financial procedures.
• Ensure the timeliness and accuracy of monthly, quarterly and year-end financials as well as the management reporting data, for the management and stakeholders.
• Oversee the preparation and communication of weekly, monthly, and annual financial statements.
• Oversee the preparation and timely filing of all local, state, and federal tax returns and necessary Canadian tax returns.
• Work with Human Resources to ensure appropriate legal compliance.

• Inventory and fixed asset management

• Customer and vendor credit assessment

• AR collection collaborating directly and indirectly with sales and operation team

• Insurance, facility lease contract, state tax credit and local tax management
• Oversee preparation of monthly, quarterly, and annual financial statements.
• Review all month-end closing activities including general ledger accounts, balance sheet accounts, and overhead cost allocations.
• Enhance and implement financial and accounting systems, processes, tools, and control systems.
• Hire, develop, and manage the Controller and Accounting Staff.
• Serve as a key point of contact for external auditors; manage preparation and support of all external audits.

FINANCIAL MANAGEMENT

• Manage cash flow planning process and ensure funds availability.
• Oversee cash, investments, and asset management area.
• Perform activity-based analyses to provide financial insight into the organization’s plans and operating budgets.

FINANCIAL RELATIONS AND POLICIES
• Develop short-term and long-term plans, projections, and budgets.
• Represent the organization to banks, financial partners, institutions, investors, public auditors, and officials.
• Remain current on audit best practices as well as state, Federal and local laws and regulations regarding company operations.

CASH MANAGEMENT

• Oversee weekly cash management and AP Department, approve large payables, sign checks, authorize large wires and ACHs.
• Supervise Accounts Receivable management and provide guidance relating to the collection process.

MISCELLANEOUS

• Any other job-related duty as deemed appropriate by management.

REQUIRED QUALIFICATIONS

• 12+ years in progressively responsible financial leadership roles, preferably in manufacturing or industrial services and/or the construction industry.
• 5+ years of experience in a senior financial leadership role.
• Experience in manufacturing, cost accounting along with Manufacturing Execution System and Warehouse Management System is required
• Three (3) years of supervisory experience is preferred.
• Proficient in Microsoft Office Suite and other software packages relevant to the position.
• Hands-on ERP systems experience – SAP, PeopleSoft, or SysPro.
• Knowledge and understanding of modern principles and practices of supervising production employees.
• Demonstrated leadership ability, confidence, and executive presence - Able to motivate and reward employees.

• CPA preferred
• Speaking and writing capability in Korean is preferred.

PHYSICAL DEMANDS

• Stationary Position: frequently remains stationary up to 90% of the time and sitting up to 8 hours in a day.
• Move/Traverse: infrequently bend, stand, stoop and/or walk.
• Carry Weight: infrequently carry weight and/or lift objects (light to heavy) weighing up to 10 pounds.
• Hearing and Speech: frequently communicates with the ability to hear and talk on a regular basis with employees, coworkers, and all personnel matters; must be able to exchange accurate information in these situations.
• Sight: frequent use of sight to detect images on computer, office documents, and office objects near and far.
• Climb: occasionally ascends/descends on a stairway to get to office upper and lower floors.
• Travel: up to 5% as needed.

FLEXRACK by Qcells is proud to be an at-will Equal Opportunity Employer and prohibits discrimination against race, color, religion, sex, sexual orientation, gender perception or identity, national origin, age, marital status, pregnancy, citizenship, disability, protected veteran status and any other classification protected by applicable federal, state or local law. 

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

We are committed to the full inclusion of all qualified individuals.  As part of this commitment, Hanwha Qcells will provide reasonable accommodations to all qualified individuals with disabilities to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment.  Please contact us to request accommodations at [email protected].

Nothing in this statement shall imply implicitly or explicitly a guarantee of employment outside our at-will employment opportunity.