Senior Director, Finance and Accounting

Description

POSITION DESCRIPTION

POSITION TITLE: Senior Director, Finance & Accounting

DIV/DEPARTMENT NAME: Finance & Accounting

REPORTS TO: Finance General Manager

POSITION STATUS: Full-Time

WORK LOCATION: CGO (Schaumburg, IL)

WORK STYLE DESIGNATION: Hybrid ( 50% Remote)

WORK STYLE REQUIREMENT: Remote four (4) days /Onsite one (1) day

FLSA STATUS (E or N): E

TRAVEL REQUIRED: Minimal

POSITIONS SUPERVISED: 4

EXPECTED PAY RANGE: $189,136 - $260,062 annually

This pay range is for the position's base salary only. This position may be eligible for other compensation including incentive pay and/or allowances. Candidates will receive additional information during the interview and selection process.

This position is responsible for leading the Finance & Accounting operation of HTA and its Foreign Subsidiary Companies. The Sr. Director must thoroughly understand business activity and provide advice to HTA divisions and subsidiary companies to resolve complex business matters.

The Sr. Director will be responsible for directing the operational functions of the Finance division and for ensuring compliance. The individual will develop, implement, and effectively administer programs and processes that meet compliance objectives in the areas of financial reporting, J-SOX reporting, tax, audit, budget, cash flow management, risk management, credit, collection and inventory management.

The Sr. Director will keep current with financial reporting standards and advise management of the impact related to any proposed regulation changes as well as manage their implementation.

Key skills required are sound business judgement, highly organized, detailed oriented, critical thinker, ability to work under tight deadlines, exceptional manager, communicator, and collaborator.

Major Responsibilities/Activities (List in order of importance the essential functions of the job and the approximate percentage of time spent on each of the activities; describe what must be accomplished, not how it must be done; include supervision or management responsibilities, quality and quantity standards, and % Time (as applicable.)

(E) Financial Planning and Budgeting

• Interact with executive management to establish company mid-term plans, annual budget plans and finance management strategy.

• Oversee budget preparation process with corporate and divisional members.

• Meet related reporting requirements.

(E) Financial Reporting of HTA and Subsidiaries

• Ensure compliance of financial statements relating to HTA and Subsidiary Companies in accordance with applicable regulations (i.e. IFRS, US GAAP, internal control requirements, etc.)

• Oversee the submission of reporting requirements established by HHT and Hitachi Ltd.

• Provide updates of department status to General Manager along with any issues identified and countermeasures proposed.

(E) Audit and Internal Control (J-SOX) Management

• Lead the annual EY audit and J-Sox activity by confirming scope of work and negotiating fees with EY and K-Korps.

• Maintain open communication with EY by communicating special issues in advance, obtaining advice and aligning with HHT.

• Discuss audit findings and required solutions.

(E) Tax Management and Tax Planning

• Strategically plan to minimize the company's tax obligations and keep current on tax developments.

• Partner with HTA legal team to meet transfer pricing requirements of HTA, including APA, as well as annual documentation requirements of subsidiaries.

• Ensure accuracy of all tax filings, domestic and international.

(E) Treasury Management

• Oversee treasury management function, including short-term and long-term cash flow forecasting.

• Direct investment and financing activity.

• Ensure alignment of cash management policy with that of HHT.

(E) Credit, Accounts Receivable & Inventory Management

• Approve AR Portfolio review and credit lines per the HTA Corporate Approval Code

• Oversee inventory management and ensure inventory optimization.

• Have in depth understanding of customer & vendor business activity and how HTA's products and services will be utilized.

(E) Leadership Responsibilities

• Work across functional areas with superiors, peers, and subordinates and ensure collaboration.

• Analyze financial data into useable information along with relevant KPI's.

• Exercise continuous self-study of corporate issues and related regulations to keep current with corporate matters and needs.

• Oversee creation of goals and objectives for finance functional areas by collaborating with managers to ensure that goals cascade to all team members.

• Supervise subordinates actively and effectively. Listen to opinions, provide guidance, leadership and coaching necessary to develop individuals.

• Maintain effective working relationship with all stakeholders across the organization to foster an environment of cooperation and change.

• Utilize effective communication means (i.e. verbal and written) to keep divisional and corporate staff up to date on issues relating to Finance and Accounting.

(E) Organizational skills:

• Ability to understand complex business issues and collaborate well with business partners to find acceptable solutions.

• Ability to have a future vision of how to improve Finance and Accounting operation utilizing technology and industry best practices.

• Strong organizational and time management skills.

• Perform all tasks and deliver all results in a highly professional manner.

EDUCATION, LICENSES, AND/OR CERTIFICATION REQUIREMENTS

• (E) Bachelor's degree in finance or accounting preferred.

• Minimum: 5 years management experience in corporate accounting, finance or risk management.

• (E) SAP System Knowledge

• (E) Accuracy - ability to perform work accurately, thoroughly, timely

• (E) Critical thinker - ability to initiate and conduct change

• (E) Management skills - leadership and coaching skills needed for proper management of staff

• (E) Organization - highly organized person required - ability to manage multiple simultaneously.

• (E) Excellent verbal and written communication skills

• (E) Knowledge of GAAP, GAAS, IFRS, Sarbanes Oxley

• (E) Advanced computer skills required, proficient in working with large data files

• (E) Excellent verbal and written English communication skills; ability to disseminate data and information professionally

Warning: Due to the nature of the work environment, this job may require working on equipment or in work areas where electromagnetic frequencies may be present from some of the equipment (intensity may vary) which could possibly interfere with certain medical implants or devices. If you have questions, contact Human Resources.

Include any protective equipment that must be worn, e.g., ear protection, safety glasses.

N/A

Check/Add as needed; indicate codes NOFC (see below)

Physical Abilities Lift /Carry

____ Stand

____ Walk

____ Sit

____ Handling / Fingering

____ Reach Above Shoulder

____ Climb or Crawl

____ Squat or Kneel

Lifting or Moving

____10 lbs. or less

____ 11-20 lbs.

____ 21-50 lbs.

____ 51-100 lbs.

____ Over 100 lbs.

Maximum one person weight lift of no more than 50 pounds under ideal conditions. Requires at least a two-man lift or more if lifting conditions are not ideal or more than 50 pounds, unless lifting device is used that can reduce the load to a safe level.

Push / Pull

____ 12 lbs. or less

____ 13-25 lbs.

____ 26-40 lbs.

____ 41-100 lbs.

Other:

N (Not Applicable) Activity is not applicable to this occupation.

O (Occasionally) Occupation requires this activity up to 33% of the time (0 - 2.5 hrs./day)

F (Frequently) Occupation requires this activity from 33% - 66% of the time (2.5 - 5.5 hrs./day)

C (Constantly) Occupation requires this activity more than 66% of the time (5.5 hrs./day)

________________

The above job description has been designed to indicate the general nature and level of work performed by employees with this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job.

Equal Opportunity Employer (EOE) - Females/Minorities/Protected Veterans/Individuals with Disabilities

If you require reasonable accommodation in completing this application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please direct your inquiries to HTA-AccommodationRequests@hitachi-hightech.com

TO APPLY:

• Navigate:
  • http://www.hitachi-hightech.com/us/about/careers/

• Click on "View our current job listings" at the bottom of the page

Equal Opportunity Employer (EOE)-Females/Minorities/Protected Veterans/Individuals with Disabilities

If you require reasonable accommodation in completing this application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please direct your inquiries to HTA-AccommodationRequests@hitachi-hightech.com