Vice President Finance

Job Title: Vice President of Finance

We are currently seeking a highly qualified Vice President of Finance for a prominent manufacturing company located in Red Wing, MN. The VP of Finance will play a pivotal role in shaping the company's financial strategy, overseeing financial operations, and ensuring the overall financial health of the organization. This position requires a dynamic leader with strong analytical skills, strategic thinking, and a proven track record in financial management.

Key Responsibilities:

• Develop and implement comprehensive financial strategies to drive growth, profitability, and long-term success.
• Oversee the preparation, analysis, and presentation of financial statements, ensuring accuracy, compliance with regulatory requirements, and alignment with the needs of stakeholders such as management, lenders, and investors.
• Lead the consolidation of financial results, providing insight into key performance indicators (KPIs) and supporting decision-making.
• Manage the budgeting and forecasting processes, offering actionable recommendations to senior management based on financial performance and market trends.
• Play an active role in the acquisition and integration of new companies into the organization.
• Optimize cash flow management, investment strategies, and capital structure to enhance financial performance.
• Identify, evaluate, and mitigate financial risks to ensure long-term financial stability.
• Collaborate closely with other departments to drive business initiatives and improve overall financial performance.
• Provide leadership, mentorship, and development opportunities for the finance team, promoting a culture of excellence and continuous improvement.
• Partner with company leadership and advisors to support growth initiatives and enhance shareholder value.
• Stay current on industry trends, best practices, and regulatory changes to ensure compliance and competitiveness in the marketplace.
• Travel to company sites as needed, initially up to 50% and eventually reducing to 25%.

Qualifications:

• Bachelor’s degree in Finance, Accounting, or a related field (MBA or CPA preferred).
• Minimum of 10 years of progressively responsible experience in finance, with at least 5 years in a senior leadership position.
• In-depth knowledge of product costing and percentage of completion accounting practices.
• Strong communicator with a collaborative mindset and the ability to work effectively across teams.
• Expertise in financial principles, practices, and regulations, with experience in independent annual audits.
• Excellent analytical, strategic planning, and problem-solving abilities.
• Proven leadership skills, with experience in building and developing high-performing teams.
• Exceptional interpersonal and communication skills.
• Experience in the machinery and equipment manufacturing sector is a plus.

Benefits:

• Location: On-site preferred; remote work with up to 50% travel also considered.
• Competitive salary and performance-based bonuses.
• Comprehensive health, dental, and vision insurance.
• 401(k) retirement plan with company match.
• Professional development opportunities.
• Flexible work environment.

If you are an experienced finance leader looking for an exciting challenge with growth potential, we invite you to apply for this key leadership role.