Director of Engineering Finance

Posted:
7/28/2024, 5:00:00 PM

Location(s):
Newark, New Jersey, United States ⋅ New Jersey, United States

Experience Level(s):
Senior

Field(s):
Finance & Banking

Workplace Type:
Remote

Job Description:

Director Engineering Finance

JOB OVERVIEW

We are looking for an intellectually curious and driven individual to join our FP&A and Operations Finance team and lead our Engineering Finance function. The group is responsible for informing company strategy, owning planning and forecasting, and performing financial analyses throughout the company to drive critical decision-making. This Director level role will report to the VP of Finance for Ohmium and be the business partner to the Chief Technology Officer. This individual will also work directly with the CFO and CEO.

DUTIES AND RESPONSIBILITIES

Key partner to Head of Engineering with a primary goal of driving product cost structure down.   Owns the product cost roadmap and cost reduction cadence to drive alignment and accountability across Engineering and Supply Chain organizations. Provides financial analysis and insights to inform decision making including should-costing for bill of  materials and CAPEX investment ROI assessment.   Create and manage short and longer term financial forecast for Engineering organization. Manage 1-2 team members based in India collocated with Engineering teams.  Partners with Finance and Engineering leadership to prepare board materials, presentations, and monthly reporting Develops metrics to track business unit-specific and company-wide trends, identify risks and opportunities, provide recommendations, and collaborate across all levels with a bias towards driving action Enables an analytical, financial approach to influence strategic decision-making across the company

LOCATION, TRAVEL AND WORK ENVIRONMENT

  • Hybrid in-office and work remotely
  • Work location is the Ohmium US, CA (bay-area) office in Newark
  • Must be willing to occasionally interface with time different time zones such as India, EU

FORMAL EDUCATION, CERTIFICATIONS OR EQUIVALENT

  • Bachelor’s degree required; business, accounting, finance, management, or economics preferred
  • Advanced business degree in finance, accounting, or management preferred

COMPETENCIES

  • Results Driven – by consistently achieving results, even under tough circumstances
  • Analytical Acumen – the ability to gather relevant information; consider a broad range of issues, needs or factors; considers cause and effect; looks for root cause when problems or issues arise; uses logic effectively and have a passion for answering questions with data.
  • Dependable and Reliable – achieves results with little oversight
  • Communicates Effectively – by speaking clearly and expressing him, herself or themselves well in groups; conveys information in a clear and concise manner; conveys information in a manner which different audiences can understand.
  • Manages Ambiguity – by working effectively, even when things are not certain or the way forward is not
  • Personal Responsibility – for the quality and timeliness of work
  • Ethics – has a strong professional, business, and work ethic
  • Fosters Diversity and Inclusion – has the ability to address, promote and advocate a sense of belonging for all people.

Leadership

  • Holds Teams Accountable – by improving unit/team performance issues against clear standards or expectations
  • Time Management – sets efficient work priorities; can manage competing priorities according to the daily or weekly plan; balances the important well with the urgent.
  • Coaching and Developing – provides timely, specific, and constructive feedback to team members; gives challenging development assignments where possible; can and will have difficult and crucial conversations where and when required.
  • Problem Solving – the ability to use effectively use available resources to finding solutions to difficult or complex issues
  • Builds Effective Partnerships – by developing networks, engages in cross-functional activities; and utilizes contacts to build and strengthen internal support bases

WORK EXPERIENCE

  • 8+ years of relevant experience in finance, including strategic planning and decision making, required
  • Engineering and/or engineering finance background preferred
  • Experience in the energy, industrial equipment, technology hardware, or manufacturing sector preferred
  • Previous experience working remotely a plus

Skills/Abilities

  • Proficient with MS Office including Excel, PowerPoint, and Office Suite
  • Strong foundation in corporate finance and proficient in GAAP
  • Proficient with accounting software, Dynamics and Business Central is a plus
  • Working experience with financial planning software
  • Demonstrated experience in modeling, analysis, and research
  • Past success leading teams, effectively working cross-functionally, demonstrating strong people skills, and consensus building
  • Excellent communication skills (written and verbal)

POSITION TYPE/EXPECTED HOURS OF WORK

Full time regular employee working at least forty (40) hours per week or such other time on weekends or evenings as is required.

Ohmium is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.