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Director of Finance

Company: Dometic Corporation
Location: Litchfield
Posted on: January 25, 2023

Job Description:

The Financial Director will oversee the day-to-day operations for the Litchfield facility within Dometic Marine. This position will be responsible for preparing month-end closings, financial forecasts, and consolidations; providing financial advice to the manufacturing department through the study of financial data; meeting corporate reporting requirements of the division; managing, training, and evaluating accounting personnel; ensuring the accuracy of physical inventory; and controlling the flow of raw materials, tools, and other assets in the manufacturing departments.

Main responsibilities:

  • Partner with the site's VP/GM to drive production cost optimization and efficiencies in product development costs
  • Review the financial viability of new product ideas and the projected cost of development
  • Analyze financial results and variances, identify trends, and recommend and drive actions
  • Prepare annual business plans and quarterly forecasts
  • Provide information to management team by assembling and summarizing data; preparing reports; and conducting presentations of findings, analyses, and recommendations
  • Develop, implement, and track plant efficiency metrics
  • Analyze Cost Improvement Project (CIP) proposals and track actual vs. projected performance
  • Track commodity inflation/deflation trends and projects
  • Set targets and monitor performance of the sourcing team
  • Assist with the preparation of capital expenditure requests
  • Provide support for logistics, production forecasting, and product development
  • Provide clarity of understanding and drive improvements in cost reporting and related infrastructure
  • Report manufacturing costs for corporate level issues
  • Maintain proper accounting processes and procedures for assigned areas of responsibility to ensure no significant control issues
  • Oversee accurate and timely cost inputs for the annual operating plans
  • Oversee clear, concise, and timely monthly closings of the manufacturing systems to meet the stated deadlines and reporting needs
  • Provide timely and accurate responses to requests for accounting information
  • Maintain a strong and results-driven relationship with site Controllers and all levels of management
  • Review financial transactions to ensure compliance with government requirements
  • Develop and improve financial systems and procedures
  • Perform other duties as assigned
    Qualifications and experience:

    • Bachelor's degree in accounting/finance or related field required, Master's degree preferred
    • Minimum of 5 years of experience overseeing accounting/finance in a warehouse distribution and/or manufacturing environment
    • Strong background in financial analysis, inventory accounting, and a solid understanding of cost accounting are essential
    • Possess a solid understanding of the financial and operating aspects/measurements within a manufacturing environment
    • Proven successful track record of analyzing data and information gaps as well as presenting and implementing solutions
    • Working knowledge of ERP/MRP systems and accounting systems such as Oracle, SAP, or D365
    • Experience working with complexities of a global/multi-national business is preferred
    • Leadership and team building experience

      Behavioral requirements:

      • Results-driven and proactive in achieving future goals
      • Excellent communication skills both written & verbal
      • Detail orientated & ability to analysis high volume of data
      • Demonstrated adaptability to changing business conditions

        Dometic overview:
        Dometic Group operates in the retail industry and manages the manufacturing, sales, and service of products for the outdoor market. The product range is broad and includes portable coolers, grills, air conditioning systems, tents, batteries, and solar energy solutions for mobile, outdoor lifestyles. The business is a global company and customers include retailers of outdoor products as well as consumers and manufacturers of vehicles and boats. The Dometic Group was founded in 2001 and is headquartered in Stockholm, Sweden.

        Dometic is passionate about building together an inclusive and equitable working environment, that respects individual strengths, views, and experiences. We believe that diversity enables us to thrive across our differences. Be yourself and join us!PI199453471

Keywords: Dometic Corporation, Springfield , Director of Finance, Executive , Litchfield, Illinois

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