Summit Industries Careers

Vice President of Finance Job Description

The VP of Finance is a senior executive who manages the financial operations of the organization and ensures its financial health in collaboration with the CFO and the Group Controller. The VP of Finance has ultimate responsibility for the Accounting/Finance Department of the sub-holding company, SEDECAL US HOLDINGS, INC., and the dependent operating companies: Summit Industries, LLC, and Sedecal USA, Inc. He/she will be responsible for the preparation of periodic and annual financial statements in accordance with Generally Accepted Accounting Standards and Principles (GAAP), in compliance with current legal and tax obligations. He/she will be responsible for preparing the necessary reports for consolidation in accordance with the rules and principles of the parent company (SEDECAL Spain). For this purpose, he/she will have the support of the parent company. He/she will also be responsible for the supervision and control of the directly dependent companies.

The role also oversees the ERP system and will be responsible for managing the contracted IT functions. The Vice President of Finance will report to the Summit General Manager, as well as the CFO and Group Controller of the parent company in Spain, and will work closely with the organization's leadership of both Summit Industries, LLC, and Sedecal USA, Inc., to provide strategic advisory support on financial decisions for the business of the two companies. Duties will vary greatly, including interpreting accounting data, operational information, and market trends to provide informed advice to company executives on how to increase profits and reduce financial risk.

JOB DUTIES

Strategically managing the organization's financial operations, the VP of Finance responsibilities include cash management, liquidity management, risk management, investment oversight, and compliance with financial regulations, all aimed at optimizing the company's financial position and meeting its financial obligations. Duties of the position include, but are not limited to, the following:

• Financial Management: Oversees the day-to-day financial management of the organization
• Budgeting: Develops and implements the annual budget and its revisions, including revenue and expense analysis and financial forecasts
• Risk Management: ​​Manages risk and investment strategies
• Financial Reporting: Oversees financial reporting and accounting services, both local and for consolidation
• Compliance: Ensures the company complies with regulations and tax laws
• Investment Management: ​​Manages investment plans and strategies
• Ensures timely and accurate budget analysis and financial review for the management team
• Recommends and develops policies, procedures, and systems to meet the company’s financial objectives and manage risk
• Provides strategic financial leadership and support in evaluating potential alliances, third-party vendors, investments, and/or other relationships that impact the business with the support of the Parent Company who will ultimately approve some of these strategic leadership decisions (e.g., budget approval, salary approval, sale/acquisition/rent of properties, company mergers and acquisitions, etc.)
• Recommends and leads new efforts to improve ROE/ROA performance
• Works to optimize management of banking and deposit relationships and initiates strategies necessary for improvement; he/she will become a company Officer for the three companies: Sedecal US Holdings, Inc., Sedecal USA, Inc., and Summit Industries, LLC.
• Builds, develops, and manages an accounting/finance team capable of carrying out necessary initiatives
• Stays abreast of trends and regulations to ensure effectiveness and compliance
• Signs contracts and agreements on behalf of the company necessary for the operational development of the business, including all purchase orders in accordance with current procedures approved by the BOD
• Performs other related duties as assigned

 REQUIREMENTS

EDUCATION

• MBA Required
• Certified Public Accountant (CPA) desirable

 EXPERIENCE

• 10+ years of progressive experience in finance and accounting roles, including leadership positions, with significant experience within manufacturing environments

SKILLS

• Deep understanding of financial analysis, budgeting, forecasting, financial reporting, and compliance with relevant regulations
• Strong analytical, critical-thinking, and problem-solving skills
• Technology Proficiency: Expertise in financial software and systems (ERP, budgeting tools, etc.), as well as Microsoft Office Suite
• Familiarity with Oracle E-Business Suite
• Knowledge of industry-specific tax requirements
• Strong communication, collaboration, and negotiation skills
• Ability to multitask and manage time well
• Ability to present ideas clearly
• Ability to present complex financial information to diverse stakeholders
• Leadership Skills:
  • Team building and motivation
  • Strategic planning
  • Decision-making
  • Conflict resolution
• Ethics and Integrity: Commitment to high ethical standards and compliance with financial regulations

ENVIRONMENT / PHYSICAL FACTORS

• Office environment within a manufacturing plant
• Heavy computer use

Summit Industries is an Equal Opportunity Employer

Please apply via LinkedIn: https://lnkd.in/ghgCHJcJ