Vice President of Finance

Job Description

This position is accountable for leading the Operational Finance team in managing the Organization’s global strategic business plan, budgets and financial analysis, global product costing and gross margin reporting, impact of foreign exchange on the business, North America credit and collections, global operational accounting reserve policies and calculations. This position will also provide leadership and coaching to the accounting and FP&A teams.

Leadership

• Develop Finance team goals that are fully aligned with the foundation goals
• Lead and coach the team to recruit and retain high caliber staff
• Provide coaching, guidance and support, set professional development plans to assist employees to reach their full potential through the Performance Management process
• Ensure the team delivers the highest standard of departmental, cross departmental and cross foundation teamwork and customer service

Management Reporting

• Financial management reporting for Senior Leadership and Board of Directors
• Develop and prepare a monthly Management Reporting Package
• Develop regular reporting and analysis, including key metrics reports, and conduct ad hoc financial analysis as required

Budgeting and Financial Modeling

• Lead the annual business plan development, budgeting process, and building, managing, and execution of Long Range Planning
• Lead the monthly and or quarterly global P&L forecast process
• Provide ongoing financial modeling and analysis expertise to business partners
• Lead the financial modeling and analysis to support the development of long term strategic initiatives and business plans
• Understand, calculate and communicate the impacts to foreign exchange to the organization

Credit and Collections

• Ensure credit & collections group has a customer service focus and strives toward a decrease in the DSO
• Monitor and analyze DSO and aging metrics
• Determine if policies and overall credit limits provide the appropriate level of risk management

Global accounting reserves

• Develop and or maintain global policies for inventory, warranty, accounts receivable and sales returns reserves
• Responsible for the Global review of accounting reserves and supporting metrics as well as the calculation of the North America reserves
• Prepare global reserves summary memo each quarter that support’s the organization’s reserve levels

Global Systems, Policies, and Procedures

• Recommend to Senior Management and or develop global operational controls that will help facilitate the growth of the company
• Participate in the IT Steering Committee to help guide the Organization’s strategic technology systems and projects and their prioritization
• Ensure all policies and systems that the operational finance teams are responsible for comply with SOX

Requirements

• Education Required: Bachelors in Accounting or Finance
• Education Preferred: CPA and/or MBA
• Work Experience Required: 7-10 Years relevant work experience
• Preferred Work Experience: 10+ years experience in a public company environment

Skills And General Experience Required

• Strategic thinking and planning skills
• Experience with strategy development and implementation
• Understanding and experience with re-engineering processes and global systems change
• Strong business acumen
• Able to communicate effectively and lead others through change and new strategic initiatives
• Ability to build effective teams, coach and develop others
• Relationship building and rapport skills
• Influencing and networking skills
• Ability to communicate effectively at all levels

Seniority level

Executive

Employment type

Full-time

Job function

Finance and Sales

Industries

Sporting Goods Manufacturing