IDEX Finance & Accounting

Job Information

IDEX Finance Manager in Albuquerque, New Mexico

If you’re looking for a special place to build or grow your career, you’ve found it. Whether you’re an experienced professional, a recent college graduate or somewhere in between, IDEX is a place where you can apply your existing skills and learn new ones in an environment where you can make an impact.

With interesting opportunities in engineering, marketing, sales, supply chain, operations, HR, finance, and more across more than 40 diverse businesses at https://www.idexcorp.com/our-businesses/business-segments/ around the globe, chances are, we have something special for you.

Reporting and Location:

This position is based in Albuquerque, New Mexico, and reports to the Platform Finance Director.

Job description: Finance Manager

About CVI Laser Optics; a unit of IDEX:

We specialize in the design and manufacture of high performance optical components for use in lasers, laser beam conditioning, and laser beam delivery from the UV to the near-IR. CVI is looking for people to join our fast-paced but friendly environment. Our company is ideal for people who are both self-starters and strong team players.

Position Summary:

The Finance Manager (FM) is responsible for all aspects of financial reporting and accounting processes with robust internal controls in accordance with GAAP and IDEX policy. The FM has full P&L and Balance Sheet responsibility for the Albuquerque plant and manages a team of direct reports covering general ledger and cost accounting tasks. Financial Planning & Analysis is also a key component of this position, including but not limited to the budgeting process, commercial analytics, net working capital management, and profit walk analytics. As an integral member of the Senior Leadership team, the FM is also expected to act as a business partner and assist in strategic planning and executing profitable growth.

This position requires lawful access to ITAR/EAR controlled information and employees in this role will need to meet those requirements. As a result, this person must be a U.S. Citizen or a U.S. Permanent Resident.

Essential Duties and Responsibilities:

  • Partner with General Manager and Senior Leadership Team in developing short and long-term objectives to accelerate profitable growth. Evaluate strategic options in regards to resource deployment, capital investments, and growth opportunities through sound data and analytics.

  • Lead the preparation and coordination of all financial reporting. Submit accurate and on-time deliverables as required by IDEX on a monthly, quarterly, and annual basis.

  • Own monthly forecast and annual budgeting process for Income Statement and Balance Sheet. Conduct detailed variance analysis on key metrics against budget and/or prior year performance and drive corrective actions as needed.

  • Perform profit walks analytics on selling price realization, commercial mix, sourcing savings, productivity, and inflation to ensure gross margin expansion and year over year profit improvement. Conduct other financial analysis as needed, including but not limited to commercial trends, operational metrics, and net working capital management.

  • Maintain robust internal controls in accordance with GAAP and IDEX policy. Review internal processes on an on-going basis to identify opportunities for improvement and implement best practices.

  • Oversee all general accounting tasks, including but not limited to payroll, accounts payable, accounts receivables, fixed assets, prepaid, sales and use tax, and accruals.

  • Manage standard costing and inventory controls, including but not limited to physical inventory counts, inventory reserves, annual labor & overhead study and standard cost roll.

  • Partner with Operations to identify and execute productivity projects. Validate savings and understand / isolate impact on financial statements.

  • Drive working capital improvements in accounts receivable, accounts payable, and inventory to increase free cash flow.

  • Responsible for recruiting, motivating, retaining and developing top talent through effective hiring, coaching, development and mentoring.

  • Any other tasks and analyses requested by Finance Director and/or General Manager.

Education / Experience:

  • Bachelor’s Degree in Accounting, Finance or related field

  • Minimum of 5 years of FP&A Management experience

Preferred Education/Experience (not required)

  • MBA Degree

  • Experience in an industrial/manufacturing industry and/or in publicly held company

  • Hyperion reporting and analysis tools (or similar)

Requirements:

  • Solid working knowledge of Generally Accepted Accounting Principles (GAAP) and experience driving improvements in internal controls.

  • Strong PC skills and experience with ERP systems.

  • High proficiency in Hyperion.

  • Effective verbal and written communication skills

  • Consistently operates at the highest level of integrity and is never willing to compromise with regards to ethical standards.

IDEX Corporation is an Equal Opportunity Employer committed to workforce diversity.

Are you ready to join a different kind of company where our people, our culture, and our commitments are centered around providing trusted solutions that improve lives around the world?

IDEX (NYSE: IEX) is a company that has undoubtedly touched your life in some way. In fact, IDEX businesses make thousands of products that are mission-critical components in everyday activities. Chances are the car you’re driving has a BAND-IT® clamp holding your side airbag safely in place. If you were ever in a car accident, a Hurst Jaws of Life® rescue tool may have saved your life. If you or a family member is battling cancer, your doctor may have tested your DNA in a quest to find the best targeted medicine for you. It’s likely your DNA test was run on equipment that contains components made by our growing IDEX Health & Science team.

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