Vice President, Finance & IT

Posted:
10/25/2024, 7:30:27 AM

Location(s):
Colorado, United States ⋅ Denver, Colorado, United States

Experience Level(s):
Expert or higher

Field(s):
Business & Strategy ⋅ IT & Security

If you’re looking for a special place to build or grow your career, you’ve found it. Whether you’re an experienced professional, a recent college graduate or somewhere in between, IDEX is a place where you can apply your existing skills and learn new ones in an environment where you can make an impact.

With interesting opportunities in engineering, marketing, sales, supply chain, operations, HR, finance, and more across more than 40 diverse businesses around the globe, chances are, we have something special for you.

Position Summary:

Reporting to the Group VP Finance, the Band-IT VP Finance and IT will partner closely with General Manager & key business leaders within the Business Unit & be responsible for all aspects of the finance & IT for the business unit.  This role is designated for a high-potential performer who will provide strategic financial and business leadership to the division.

​The VP Finance and IT will be responsible for providing financial and business oversight of management reporting, financial planning / analysis, business strategy initiatives, capital investments, and special projects.  In this highly decentralized environment, this role will have full responsibility for the business unit P&L, balance sheet, and working capital, as well as all controllership responsibilities, audit and SOX.  This person will be expected to evaluate current procedures and processes and make recommendations to improve operations and efficiencies.  The Band-IT VP Finance and IT will lead a global team of ~15 and be responsible for talent development and mentorship for the finance & IT functions.

Essential Duties and Responsibilities:

·         Participate as a key business partner to the Band-IT GM and HR Leader. Contribute to business strategy development and operational execution of business plans that drive organic growth and M&A.

·         Prioritize talent management – coach / develop BU finance leaders, build a deep talent pool at all levels of the organization and establish succession plans for self, direct team and their direct team.

·         Direct the regular financial processes for the business units including closing the books, forecasting, planning, and the reporting and analysis of results.

·         Globally, ensures all compliance with legally mandated external financial reporting including the Sarbanes-Oxley reporting requirements.  Audit the operations for compliance to corporate and business unit policies and procedures.

·         Oversees preparation and consolidation of financial statements and ensure the accuracy of financial results for the business units.  Prepare detailed analyses of financial statement results, including cost trends, customer profitability, product line profitability and variance analysis.

·         Analyze operating results to determine and recommend profit and/or cash flow improvement opportunities. Consolidate financial information for review with Group leadership.

·         Perform special analyses to support strategic business decision making – this can include financial analysis in support of M&A, capital investments, changing business models, pricing models, make vs. buy, etc.

·         Evaluate, approve and/or recommend course of action on capital spending and investment requests.

·         Work alongside the Corporate Finance organization (i.e., treasury, tax, and audit) in improving financial processes, implementing policy changes, and executing strategies and initiatives.

The Band-IT VP Finance & IT must be a results-driven leader who possesses a strong passion for being a true finance partner to the business operations. The position requires a proven and experienced finance executive who possesses progressive experience in leading successful Finance organizations and, ideally, within a large manufacturing company.

The candidate must have a successful track record operating as a strategic, client-focused, functional leader with a strong orientation toward collaboration with others to accomplish their responsibilities. The ideal candidate will be an accomplished finance professional possessing blended experience in commercial, business finance and necessary business acumen to understand how organizations work.

Highly desirable candidates will also possess demonstrated success in building organizational and financial team capabilities by providing hands-on experiences, expanded responsibilities and development opportunities to prepare team members for succession. The candidate will possess tact and maturity while driving the business units’ agenda in a collaborative manner. Given the global nature of IDEX Corporation’s business, the candidate must possess cultural sensitivity and a “global mindset.” The candidate will be assertive, foster a culture with a sense of urgency, and act with the highest integrity.

Competencies:

·         An in-depth understanding of accounting principles, practices, procedures and controls on manual and automated systems, and the ability to exercise independent judgment within established systems and procedures.

·         Excellent analytical and forecasting skills and the ability to translate complex situations into information that will support the profitability and growth of the business.

·         Ability to work collaboratively with virtual teams and processes that transcend international regions.

·         Proven developer of talent & building strong teams. Demonstrates the ability to persuade others to achieve excellence and to foster an environment of openness and teamwork; a supportive manner that facilitates his/her ability to achieve results.

·         Demonstrated organizational abilities and excellent project management leadership expertise.  Outstanding oral and written communication skills.

·         A well-developed business sense, which will include an understanding of markets, customers and competitors.

·         A leader who is self-confident in their own abilities, who is always available to coach or counsel others.  A perceptive, forthright individual with high integrity and sound judgment.

·         A high energy, results-oriented leader who is not afraid to take charge and has a high bias for action.

·         Experience managing and developing IT teams

·         A strategic thinker/problem solver who can effectively interface with all levels of employees in an international environment.  An ability to analyze the details, but also to be able to step back and “look at the big picture.”

Requirements:

·         Bachelor's degree, preferably in Accounting, Business, or Finance

·         10+ years of progressive accounting/finance experience; manufacturing experience and previous FP&A experience is a plus

·         CPA and/or MBA preferred

·         Intermediate to advanced proficiency in Microsoft Office products (Excel, Word, Power Point, etc.)

·         Intermediate to advanced experience with OneStream (Hyperion also qualifies)

·         Available to travel up to 10-20% of the time

Are you ready to join a different kind of company where our people, our culture, and our commitments are centered around providing trusted solutions that improve lives around the world?

Total Rewards

The compensation range for this position is $150,200.00 - $225,400.00, depending on experience. This position may be eligible for performance based bonus plan.

Benefits Package

Our comprehensive U.S. benefit offerings include: Health benefits, 401(k) retirement savings program with company match, PTO, and more. More information on our benefits and rewards can be found on our career page: https://www.idexcorp.com/careers/our-benefit-and-rewards/

IDEX is an Equal Opportunity Employer and Affirmative Action Employer. IDEX gives consideration for employment to qualified applicants without regard to race, color, religion, creed, genetic information, sex, sexual orientation, gender identity or expression, marital status, age, national origin, disability, protected veteran status, or any other consideration or protected category made unlawful by federal, state or local laws (Minorities/Females/Protected Veterans/Disabled).

Attention Applicants:  If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process, please let us know. Likewise, if you are limited in the ability to access or use this online application process and need an alternative method for applying, we will determine an alternate way for you to apply. Please contact our Talent Acquisition Team at [email protected] for assistance with an accommodation. These contact tools may be used only by individuals with a disability for accommodation requests. Do not inquire as to the status of an application.