What are the responsibilities and job description for the Vice President Finance position at StevenDouglas?
StevenDouglas is partnering with a $5B privately-held company in Maryland to help them find their next VP, Finance. The VP, Finance is responsible for financial planning, long-range budgeting, M&A, and treasury. This opening is a result of a promotion and the organization is looking for a strong leader to partner with the recently-promoted CFO as they continue to lead the finance org.
Responsibilities:
- Drives financial strategy while overseeing the company’s day-to-day financial health
- Manages financial business analysis; analyzes and reports on consolidated monthly, quarterly and annual results and those of each operating segments as well as general & administrative expenses
- Provides recommendations for revenue and profitability improvement, efficiency, and effectiveness; conducts industry and competitive analyses to identify and address the company’s strengths, weaknesses, opportunities and threats
- Collaborates with Accounting to review lease disclosures for reasonableness, consistency and conformity with corporate policies
- Performs analysis and valuation of acquisition targets or divestitures and oversees due diligence and integration of targets; assists with negotiation of merger & acquisition terms and conditions
- Analyzes labor proposals for accuracy, reasonableness, and consistency; creates a comprehensive financial strategy and roadmap for labor negotiations
- Executes Treasury directives; oversees cash management activities including cash sweep, disbursement, borrowing and investing activities as well as renewals of banking, armored car, credit card processing agreements, etc.
- Reviews short-term and long-term cash flow forecasts to ensure company is properly funded
- Issues surety bonds and letters of credit, as required, and ensure company has sufficient capacity for future needs; manage private placements including submission of required compliance documentation and transfers of notes
- Collaborates with Treasury and Corporate Tax to develop intercompany lending and interest rate strategies, review compliance with hedge accounting principles, and develop new payment strategies to maximize customer experience and reduce overall fees
Qualifications:
- 12 years of total experience
- In a leadership role: Requires 7 years of experience leading a senior level team of finance professionals engaged in developing and executing financial planning & analysis programs
- In a technical role: Requires 10 years of experience engaged in developing and delivering financial planning & analysis programs
- A bachelor’s degree in a program related to the functional area can count for 3 of the ten-year requirement
- An MBA or a master’s level degree in a program related to the functional area can count for an additional 2 years of the ten-year requirement
