Director of Finance - Materials Sciences LLC
Horsham, PA
About the Job
Position Overview: The Director of Finance is a strategic and hands-on leadership role responsible for overseeing the financial health of MSC, driving operational efficiency, and supporting long-term business objectives. This position requires deep expertise in general ledger reconciliations, journal entry processing, and accounts payable/receivable (AP/AR) management. The Director of Finance will be supported by an AP/AR Specialist and will collaborate closely with the VP of Contracts to ensure financial alignment with organizational goals.
Key Responsibilities:
- Strategic Financial Leadership:
- Provide visionary financial leadership to the finance team, ensuring alignment with MSC's mission and growth objectives.
- Serve as a trusted advisor to senior leadership on financial planning, risk management, and capital allocation.
- Budgeting & Forecasting:
- Lead the monthly and annual budgeting processes, including financial forecasting, variance analysis, and performance tracking.
- Collaborate with operational leaders to develop and monitor financial targets.
- Financial Reporting:
- Oversee the preparation of accurate and timely financial statements, ensuring compliance with Generally Accepted Accounting Principles (GAAP) and contract regulatory requirements.
- Deliver actionable financial insights to support decision-making at all levels of the organization.
- Ensure compliance with tax regulations and filing requirements, including sales tax and 1099s.
- Cost Management & Analysis:
- Conduct in-depth analysis of production costs to identify cost-saving opportunities.
- Implement strategies to enhance profitability and operational efficiency.
- Risk Management & Compliance:
- Identify and mitigate financial risks, ensuring adherence to all regulations, including those relevant to manufacturing and DoD/government contracts.
- Support compliance with Defense Priorities and Allocations System (DPAS) and other key process requirements.
- Capital & Cash Flow Management:
- Manage capital planning and investment evaluations, including ROI analysis for potential projects.
- Oversee cash flow forecasting and working capital management to maintain liquidity and operational stability.
- Team Development & Mentorship:
- Mentor and develop finance team members, fostering a culture of accountability, growth, and continuous improvement.
- Ensure robust cross-training within the team to build operational resilience.
- Cross-Functional Collaboration:
- Partner with the VP of Contracts and other key departments, including operations and business development, to support business initiatives and improve financial performance.
- Facilitate financial training for non-finance staff to promote understanding of key financial concepts.
- Operational Oversight:
- Lead AP and AR processes, ensuring timely posting of transactions and effective management of cash flow.
- Review monthly payroll for accuracy and compliance.
Qualifications & Skills:
- Education:
- Bachelor's degree in Accounting, Finance, or a related field (MBA preferred).
- CPA certification is required.
- Experience:
- Minimum of 10 years of experience in financial management, with a strong background in manufacturing environments and DoD/government contracts.
- Proven experience in leading finance teams and managing cross-functional collaboration.
- Knowledge of FAR and DFAR, including cost principles
- Deltek Costpoint or similar project system
- Technical Skills:
- Advanced proficiency in Microsoft Office, particularly Excel, with experience in financial modeling and data analysis.
- Familiarity with QMS training requirements, including Non-Conformance Reports, DPAS for the customer, and contract review processes.
- Core Competencies:
- High level of attention to detail and accuracy.
- Excellent communication and interpersonal skills.
- Strong organizational and time management abilities.
- Demonstrated ability to lead in high-pressure environments.
Why Join MSC? At MSC, we are committed to fostering innovation and excellence in everything we do. As the Director of Finance, you will have the opportunity to shape the financial future of our organization, drive meaningful impact, and grow alongside a team of dedicated professionals.
Application Process: Interested candidates are encouraged to submit their resume and cover letter outlining their relevant experience and accomplishments.
MSC is an Equal Opportunity Employer.