Standard Alloys, Inc Hiring for VP of Finance Job at Port Arthur, TX Full Time

About Standard Alloys:

For more than 90 years, we have been servicing our customers with the highest-quality castings, machined parts and repair services, with a dedicated and customer-oriented focus. The “name of our game” at Standard Alloys is helping you achieve your “best of class” goals by improving your pump, compressor and other equipment “uptime”.

By having a complete manufacturing facility located in Southeast Texas and staffed by highly-skilled craftspeople, we are able to offer expedited solutions to even the most complex equipment problems utilizing our proven list of capabilities, including: reverse engineering, pattern making, casting of almost any metal alloy, machining, welding, balancing, complete pump repair, hydraulic and mechanical engineering for performance improvement, and much more.

Position Title: VP of Finance
Reports To: Managing Director and indirectly to Regional Finance Officer KSB North America

Reporting to the Managing Director and serving as an integral member of the senior management team, the Vice President of Finance will be responsible for the development of Standard Alloys financial management strategy and contribute to the development of the organization’s strategic goals.

DUTIES AND RESPONSIBILITIES:

• Build the budget and forecast reports both internal and external, develop allocation methodology, and provide monthly analysis of actual results versus expectations

• Create and implement strategic analysis of activity based cost drivers and forecast assumptions as well as monthly variance reporting vs. budget, forecast and prior year results.

• Oversee the company’s purchasing functions and process

• Establish and enable analytics to make sure variances to expectations are explained and actions to improve efficiency are supervised, reviewed and implemented to drive performance goals

• Develop other appropriate score cards and key performance indicators, and serve as a key partner

• Analyze trends and provide early warning guidance on potential risks and opportunities to supply chain operating performance

• Manage accounting records, including general ledger, fixed assets, payroll and taxes.

• Reconciling accounts, coordinating audits and manage the budgets.

• Monitoring established financial performance benchmarks and recommending new measures as required.

• Communicating regularly with financial network within the KSB group of companies.

• Overseeing accounts payable and receivable departments.

• Oversee the credits and collections process.

• Ensuring income tax compliance.

• Maintain continuous lines of communication, keeping the managing director informed of all critical issues

• Contribute to the development of Standard Alloys strategic goals and objectives, as well as the overall management of the organization

• Serve as the liaison to the parent company, insurance and tax accountants. Effectively communicate and present critical financial matters to the managing director and parent company.

• Advise the managing director and other key member to senior management on financial planning budgeting, cash flow, investment priorities and policy matters

• Plan, coordinate, and execute the annual budget process

• Upgrade and implement an appropriate system of policies, internal controls, accounting standards, and procedures.

• Provide analytical support, including development of internal management reporting capabilities

• Review and manage all company contracts and consult with the managing director

KNOWLEDGE, SKILLS AND ABILITIES:

• Working knowledge of generally accepted accounting principles (GAAP) and international financial reporting standards (IFRS).

• Time management – Managing one’s own time and ability to identify perceived barriers to our ability to meet the timeline required.

• Managing – Oversee, direct, and organize the work of the finance teams.

• Training – Ensure staff members receive timely and appropriate training and development. Promote a culture of high performance and continuous improvement that values learning and a commitment to quality. Establish and develop staff using a supportive and collaborative approach; assign accountabilities; set objectives; establish priorities; and monitor and evaluate results.

• Communication skills – talking to others to convey information effectively and professionally.

• Computer skills – Advanced knowledge of accounting software: Outlook, Excel, Word, PowerPoint and Adobe Acrobat as a minimum.

• Manufacturing knowledge – preferably in both foundry and machine shop operations.

• Quality Assurance System – knowledge of ISO-9001:2008 and ability to train others on company procedures.

• Capable of writing business documents (plans and procedures).

• Strong work ethic.

EDUCATION/EXPERIENCE:

• Business or Accounting Degree required, a master’s in business administration is preferred

• CPA or CMA preferred

• Minimum 10 years’ experience in a senior management role

• Proven track record of success facilitating progressive organizational change and development within a growing organization

• Strong mentoring, coaching experience to a team with diverse levels of expertise

• Entrepreneurial team player who can multitask

• Superior management skills; ability to influence and engage direct and indirect reports

• Energetic, flexible, collaborative, and proactive; a team leader who can positively and productively impact both strategic and tactical finance and administration initiatives

Job Type: Full-time

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Schedule:

• Monday to Friday

Work Location: One location