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VP of Finance

  • Location:

    Los Angeles

  • Sector:

    Aerospace

  • Contact:

    Lee Cartney

  • Job ref:

    4929

  • Published:

    about 1 month ago

  • Expiry date:

    2021-09-23

  • Client:

    Mason Controls

Interested in working with a global aerospace leader in cockpit control systems, driving accountancy control, reporting accuracy and profit optimisation in a rapidly growing business? If so, this may be the opportunity you've been searching for...

Vice President, Finance.

Mason Controls welcomes people who share our determination and high standards to join us in doing work that moves the world forward. We design, manufacture, and market highly engineered products and systems principally for the aerospace and defense markets. Mason Controls, a wholly-owned subsidiary of Transdigm, offers world-class control devices and subsystems — such as control grips, throttles, HaWC controllers, and communications interfaces — for today’s advanced cockpits, military vehicles, and other specialized applications. Our solutions fall into two broad categories: control products and components.

Position Summary of the VP of Finance position:

The VP, Finance will report to the President and be a key business leader responsible for Accounting, Financial Planning and Analysis, cost control, asset management and business decision support.
The Controller will collaborate with senior management to position the business for financial growth and efficiency, and to ensure that the company meets or exceeds its financial commitments.
Responsible for maintaining accurate financial records and effective financial processes, systems and controls to ensure compliance with TransDigm Corporate policies and procedures.
Oversees the Accounting and IT departments.

Positions and duties of the VP of Finance position:

Essential functions of the position include, but are not limited to:
• Work closely with Senior Management, Manufacturing Organization and Sales team to improve the company's financial performance.
• Oversee monthly accounting close process and timely and accurate reporting of financials to TransDigm Corporate. Ensure statements correctly reflect the company’s financial position in accordance with GAAP.
• Review financial results and key financial metrics with senior management. Assess and quantify risks, monitor the execution of deliverables, recommend and implement action necessary to improve profit and financial position.
• Lead the development of annual Business Plan and monthly Profit & Loss forecasts, including monthly margin forecasts.
• Support senior management in the evaluation and execution of New Business opportunities. Prepare financial analysis to support Customer Quoting process and investment decisions. Work with Sales & Marketing to optimize payment terms.
• Evaluate Capital Expenditure requests and validate return on investment.
• Perform pricing analysis and audit to ensure compliance to the company's Pricing Policy.
• Support functional leaders to achieve Productivity/Cost Improvement commitment. Proactively promote cost and headcount controls.
• Effectively manage Working Capital with focus on Inventory, Trade Receivables and Trade Payables.
• Evaluate financial processes and systems to drive continuous improvements in efficiency, internal controls, and reporting capabilities.
• Maintain internal accounting control and SOX compliance. Support internal and external audits.
• Responsible for staff development, training, evaluation, coaching and succession planning. Create a workplace that fosters teamwork and strengthens communication within and outside the department.
• Participate or lead special projects as required.
• Responsible for compliance with all federal, state, payroll, and other applicable taxes.

Qualifications / experience required for the VP of Finance position:

• Bachelor or Master's degree in Accounting. Progressive Accounting and Finance experience. CPA preferred.
• Experience in Financial Planning & Analysis, Financial Accounting and Cost Accounting required. Experience working within a Manufacturing environment required.
• Demonstrate the ability to thoroughly understand a business's strategy and determine linkages to financial initiatives and drivers.
• Strong ability to lead, develop, and retain associates within the finance organization.
• Ability to effectively manage people, projects, and tasks ensuring appropriate responsiveness and priority.
• Strong communication skills with the ability to interact at all levels within the organization and influence processes across multiple functions and stakeholders.
• Highly computer proficient, including advanced capabilities with Excel. 

The successful VP of Finance will be offered the opportunity to join a multi-billion dollar aerospace and defense organisation that holds finance management in the highest regard. You will be tasked with maintaining and improving the highest standards of accountancy control and reporting whilst working with the operations and engineering teams to optimize financial performance. If you are open to discussing an incredibly exciting opportunity with bonus and share options in one of the fastest growing aerospace and defense groups in the US, please get in touch...