VP, Finance

EMCORE Corporation is the leading independent* provider of advanced inertial navigation products serving the aerospace & defense, commercial and industrial markets. We are a pioneer and leading innovator of fiber optic, ring laser gyro, and MEMS technologies for a broad range of navigation applications.

At EMCORE, we welcome forward thinking and continuously challenging existing processes and methodology. We especially want to host a creative culture for all to learn and grow. If you are resilient and e

Vice President, Finance

EMCORE Corporation

Summary Of Role

EMCORE is currently seeking a collaborative and operational Vice President, Finance to be located at our Corporate Headquarters in Budd Lake, NJ.

The VP Finance will report to and work closely with the President and senior leadership team to drive business growth, operational efficiency, and financial performance while ensuring regulatory compliance and optimal capital allocation.

The VP, Finance will be responsible for the management of financial processes, systems, and controls; reporting results on a monthly, quarterly, and annual basis; meeting regulatory deadlines; safeguarding Company assets; directing and administering budgets and operating plans; designing and measuring key performance indicators; and providing accurate and timely financial information that assists in operational decision-making, resource allocation, and investment decisions.

Essential Duties

Essential Duties and Responsibilities:

Reporting & GAAP Compliance

• Oversee and participate in the monthly close process with a focus on integrity of results, timeliness, developing good and effective close processes, documentation requirements, journal entry review, and timely overview of the reconciliation of major accounts.
• Develop relationships with key functional personnel to ensure a timely and consistent dialogue of activity and that all significant business issues are raised in a timely fashion and analyzed and recorded correctly in accordance with GAAP.
• Oversee the development and change process within the financial management process and provide leadership and direction when necessary.
• Lead internal activities associated with year-end financial audits.
• Coordinate with IT on implementation and maintenance of accounting and internal control systems.
  
  

Cost Accounting & Contract Accounting

• Review monthly cost variances with cost accounting team and operations management.
• Review monthly revenue recognition calculations related to % of completion contracts.
• Oversee semi-annual inventory standard cost roll and updated overhead rates.
• Develop monthly product profitability and publish segment reporting.
  
  

Forecasting And Reporting

• Manage the annual operating plan and budgets, target setting, and business planning processes.
• Manage the timely development and publication of accurate internal financial statements through analyzing and interpreting financial and operating data for management.
• Assist with the preparation of monthly president’s letters and quarterly board presentations.
• Analyze operational issues impacting functional groups and determine their financial impact.
• Monitors progress of business objectives throughout the year.
  
  

Treasury & Tax Support

• Manage company cash flow through weekly cash forecasts and report on the cash position and related issues to the parent company.
• Manage tax accounting activities, programs, and compliance in cooperation with the parent company’s accountants.
  
  

Managerial

• Manage staff and staff development.
• Mentor and inspire performance.
• Make employment and compensation decisions related to staff.
• Advise management on applicable industry trends and legislation.
• Read, analyze, and interpret professional technical procedures, government regulations, financial reports, and legal documents.
• Respond to common inquiries from customers and regulatory agencies.
• Other activities as assigned.
  
  

Direct Reports

• General Accounting
• Accounts Payable
• Payroll
• Cost Accounting
• Contract Accounting
• Capex Management and Fixed Asset Accounting
• Accounts Receivable/Revenue Accounting
• Treasury/Cash Management
• Budgeting, Forecasting, Planning, ad-hoc analysis, and other FP&A type activities
• Financial Systems
• IT Team Members
• Team members located at our multiple site locations
  
  

Responsibilities Include

Vice President, Finance must be able to perform each essential duty at a high level. Requirements listed below are representative of some, but not all, of the knowledge, skill, and ability needed:

• Extensive GAAP financial reporting, including month-end, quarter-end and year-end demands, and working with external auditors.
• Extensive cost accounting knowledge, especially with standard cost methods in complex, multi-site manufacturing environments.
• Extensive systems background, including database and accounting computer application systems to supply the most accurate financial information.
• Excellent verbal and written communication skills.
• Excellent leadership skills and management skills.
• Based full-time at the Company’s headquarters in Budd Lake NJ (HYBRID)
• Travel as required.
  
  

Minimum Education Requirements

• Accounting degree (or equivalent education) is required; MBA is desirable.
  
  

Minimum Work Experience Requirements

• 15 years’ experience, with 10 years’ experience working in a manufacturing environment.
  
  

This job description is not an exclusive or exhaustive list of all job functions that an employee in this

position may be asked to perform from time to time. Emcore reserves the right to revise or change

Job Duties And Responsibilities As The Need Arises.

• As a federal contractor, we are required to have all candidates/employees pass a criminal background check and a multi-panel drug screening, prior to starting employment.
• ITAR REQUIREMENTS:
  
  

Separate from employment eligibility (Form I-9), U.S. export license requirements may apply before the Company can provide certain non- “U.S. persons” with access to specific technology, software and hardware that may be necessary for a position. As such, this position may require ITAR or EAR clearance.

EMCORE Corporation is an equal opportunity employer. Qualified applicants will be considered without regard to age, race, creed, color, national origin, ancestry, marital status, affectional or sexual orientation, gender identity or expression, disability, nationality, sex, or veteran status.

We will ensure that individuals with disabilities are provided with reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

Physical Requirements

• Ability to safely and successfully perform the essential job functions consistent with the ADA, FMLA and other federal, state, and local standards, including meeting qualitative and/or quantitative productivity standards.
• Ability to maintain regular, punctual attendance consistent with the ADA, FMLA and other federal, state, and local standards.
• Must be able to talk, listen and speak clearly on telephone with customers and co-workers.
  
  

njoy working in a dynamic high growth environment, then you belong with us. ( www.emcore.com )