Vice President, Finance - Hydraulics Americas/APAC

Job Details

Job Location
Sun Hydraulics 1500 - Sarasota, FL

Position Type
Full Time

Education Level
4 Year Degree (Bachelors)

Travel Percentage
Up to 25%

Job Shift
Day

Job Category
Accounting

Description

As Vice President, Finance - Hydraulics Americas/APAC, you will play a pivotal role in driving financial success and operational efficiency within our organization. This leadership position requires a strategic thinker who can balance financial acumen with a hands-on, proactive approach to optimize processes, enhance profitability, improve forecasting, and support sustainable growth across our global locations. You will be financially responsible for the Electronics external reporting segment, working directly with the President, Hydraulics - Americas and leadership team to ensure our operations remain on track to hit our target goals.

Duties/Responsibilities:

1. Financial Strategy:
   1. Develop and implement financial strategies that deliver long-term growth while being agile to deliver short-term results, aligned with the company's overall objectives.
   2. Collaborate with the President and leadership team to shape the long-term financial vision for the segment.
   3. Identify trends and developments in competitive environments and prepare an annual long range financial plan for the business.
2. Operational Efficiency:
   1. Analyze operational processes and identify opportunities for sales growth, cost efficiency, and margin improvement.
   2. Collaborate with internal teams to streamline processes, reduce costs, and improve operational efficiency.
   3. Oversee finance resource allocation to maximize productivity and profitability.
   4. Drive discipline in managing cash flow, capital expenditures, and working capital.
   5. Evaluate investments, including potential acquisitions.
3. Budgeting and Forecasting:
   1. Prepare and manage segment budgets, forecasts, and models, ensuring alignment with strategic goals.
   2. Develop integrated sales and expense analyses, projections, reports, and presentations.
   3. Conduct regular financial forecasting and variance analysis to identify trends and address potential issues.
   4. Develop leading indicators to predict the trends and trajectory of the business while proactively levering resources to support the business conditions.
   5. Monitor and control expenses to meet or exceed budget targets.
4. Financial Reporting:
   1. Oversee the preparation of accurate and timely financial statements, ensuring compliance with regional and global accounting standards and regulations, including Generally Accepted Accounting Principles (GAAP).
   2. Create and analyze monthly, quarterly, and annual reports to ensure financial information has been recorded accurately.
   3. Proactively present financial performance metrics and key insights to the segment President and leadership team.
   4. Ensure accurate accounting and integration of newly acquired businesses.
   5. Manage requests from external and internal auditors, along with fostering relationships with outside partners.
5. Risk Management:
   1. Identify financial risks and proactively develop strategies to mitigate them in collaboration with Internal Audit, Corporate Accounting, the President and the segment leadership teams.
   2. Work with Internal Audit to implement effective internal controls to safeguard assets and financial data.
6. Team Dynamics and Leadership:
   1. Hire, coach and develop a high-performance team of financial professionals, fostering a culture of accountability and continuous improvement.
   2. Set clear performance expectations and provide regular feedback and development opportunities.
   3. Maintain strong relationships with other finance and accounting leaders throughout the broader organization, including the Helios corporate team.
   4. Collaborate with other business and functional leaders to align financial goals with operational objectives.
7. Compliance and Ethics:
   1. Ensure adherence to all relevant laws, regulations, and ethical standards.
   2. Promote a culture of compliance and ethical behavior throughout the organization.

Qualifications

Required Skills/Abilities:

• Strong financial modeling, analysis, and forecasting skills.
• Excellent knowledge of financial software and systems.
• Demonstrated ability to drive operational improvements and efficiency.
• Exceptional leadership, communication, collaboration, and interpersonal skills.
• Strong problem-solving and decision-making capabilities.
• Knowledge of industry-specific regulations and compliance.
• Results-oriented mindset with a focus on achieving financial goals.
• Ability to travel up to 25% of the time.

Education and Experience:

• Bachelor's degree in Finance, Accounting, or a related field; MBA or CPA preferred.
• Proven experience as a senior finance executive in a global, multi-location organization.
• Possesses minimum (15) fifteen years of current Finance/Accounting experience, (5) five years of which must be serving in a functional leadership capacity, demonstrating ability to apply knowledge and skills in a business environment and attain objectives. Preferably possesses a minimum of (5) five years of public company experience.