IDEX VP - Finance in Chicago, Illinois
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 (https://www.idexcorp.com/our-businesses/business-segments/) around the globe, chances are, we have something special for you.
JOB TITLE: Vice President of Finance – Optical Technologies
REPORTING TO: Vice President of Finance, Scientific Fluidics & Optics
These positions may require lawful access to ITAR/EAR controlled information and employees in this role will need to meet those requirements. Requirements include US Citizenship or US Permanent Resident.
WHO IS OPTICAL TECHNOLOGIES (OT)?
IDEX Optical Technologies is a global platform of companies with over 50 years of industry-leading experience in all aspects of engineering and manufacturing optical components and assemblies that enable our customers to bring sharper solutions to market faster. We fuel discovery and innovation with optical expertise, components, and systems that help make brilliant things happen. Optical Technologies consists of approximate 500 employees across six sites (3 US, 1 Canada, 1 UK, 1 Netherlands) with revenue of approximately $150M annually.
SCOPE OF ROLE:
The Vice President of Finance – Optical Technologies will be an integral member of the OT Leadership Team. This person will be responsible for providing financial solutions to grow sales, expand margins and generate strong cash flow. They will also be responsible for maintaining a financial reporting/internal control system that will provide management with the appropriate financial and operating information and data analytics. The Vice President of Finance will develop, analyze and interpret statistical and accounting information in order to appraise and positively improve operating results in terms of profitability, performance, operational excellence and other criteria that directly reflect the fiscal soundness and operating effectiveness of the OT business unit.
The Vice President of Finance is a member of the OT Leadership Team and aids in the planning, direction, and policy making. This person also communicates and supports the strategic and operational plans of the OT business unit. Success in this position requires the ability to build a strong partnership with the OT President and entire OT Leadership Team, and frequently communicates with peers and SF&O group management. These relationships must be built on respect, integrity, cooperation, trust, teamwork, confidentiality and professionalism.
Provide financial analysis, forecasting, budgeting & strategic guidance for the global OT business
Ensure compliance with all legally mandated global external financial reporting requirements, including the Sarbanes-Oxley (SOX) reporting
Audit the operations for compliance to corporate and business unit policies and procedures
Prepare & consolidate financial statements and ensure timely and accurate financial results for the global business
Prepare detailed analyses of financial statement results for OT for presentation to the VP of Finance, SF&O, including cost trends, customer profitability, product line profitability and variance analysis
Participate in M&A due diligence and integration activities in support of OT’s acquisition strategy
Direct the overall accounting function including general ledger, and monthly close
Direct the financial reporting, financial planning, forecasting, budgeting and product line profitability analysis while improving financial processes to drive increased efficiency
Responsible for the overall management and development of the OT Finance Department, including staff supervision
Provide coaching and encourage the talent development of the finance team. Participate in executive development
Assure an effective financial plan for the control of operations by implementing and effectuating an adequate control environment
Guarantee the accuracy and ongoing maintenance of the financial system
Support investment decisions by providing return on investment/net present value/etc., calculations and applies appropriate benchmarks to maximize returns
Drive, support and utilize the Company’s process improvement initiatives
Lead and/or participate in special projects and assignments as required
Strive to continuously improve the efficiency and effectiveness of the financial reporting and data analytical support of the OT business platform
EDUCATION AND EXPERIENCE:
Management experience in accounting and cost accounting expertise is required
Minimum of 10 years of experience with progressive financial responsibility and accountability in a manufacturing-based, industrial environment
Must have prior exposure to all facets of the function, particularly operational finance, control, and financial planning and analysis
Proven experience with US GAAP and SOX requirements
Experience in a process-focused organization and experience working with J.D. Edwards, or another ERP System is required
Driven by the principles of continuous improvement and talent development
OTHER SKILLS and ABILITIES:
An in-depth understanding of accounting principles, practices, procedures and controls on manual and automated systems, and the ability to exercise independent judgment within established systems and procedures.
Excellent analytical and forecasting skills, and the ability to translate complex situations into information that will support the profitability and growth of the business
Ability to work collaboratively with virtual and global teams
Proven developer of talent & experience building strong teams
Demonstrates the ability to persuade others to achieve excellence and to foster an environment of openness and teamwork; a supportive manner that facilitates their ability to achieve results
Demonstrates organizational abilities and excellent project management leadership expertise
Outstanding oral and written communication skills, which include active listening
Well-developed business sense, which will include an understanding of markets, customers and competitors
Leader who is self-confident in their own abilities, who is always available to coach or counsel others
Perceptive, forthright individual with high integrity and sound judgment
High energy, results-oriented manager who is not afraid to take charge and has a high bias for action.
Strategic thinker/problem solver who can effectively interface with all levels of employees in an international environment
Ability to analyze the details, but also to be able to step back and “look at the big picture”.
Consistently operates at the highest level of integrity and is never willing to compromise with regards to ethical standards
Requires approximately 30% travel
This is a remote role
Optical Technologies, a Unit of 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?
The compensation range for this position is $214,200.00 - $214,200.00, depending on experience. This position may be eligible for performance based bonus plan.
Our comprehensive U.S. benefit offerings include: Health benefits, 401(k) retirement savings program with company match, PTO, and more. More information on our benefits and rewards can be found on our career page: https://www.idexcorp.com/careers/our-benefit-and-rewards/
IDEX is an Equal Opportunity Employer and Affirmative Action Employer. IDEX gives consideration for employment to qualified applicants without regard to race, color, religion, creed, genetic information, sex, sexual orientation, gender identity or expression, marital status, age, national origin, disability, protected veteran status, or any other consideration or protected category made unlawful by federal, state or local laws (Minorities/Females/Protected Veterans/Disabled).
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Job Family: Finance
Business Unit: Advanced Thin Films