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Vice President, Finance
Vice President, FinanceTriumph Group, Inc. • Windsor, CT, US
Vice President, Finance

Vice President, Finance

Triumph Group, Inc. • Windsor, CT, US
30+ days ago
Job type
  • Full-time
Job description

Position

Triumph is seeking an Operating Company (OpCo) Vice President of Finance to be responsible for providing financial support to the Systems, Electronics & Controls OpCo President. This position is a high visibility position requiring executive presence to Triumph CEO and Senior Leadership team. As a key business partner, this role will interact very closely with Operations leaders, Product Line Directors and executives, as well as the broader Finance team to drive business decisions and provide analysis and recommendations on key strategic initiatives that are important to the success of the business.

Responsibilities

•Partner with OpCo President to set goals, objectives and strategies to drive value creation and achieve annual and long term financial targets
•Review analysis of activities, costs, operations, and forecast data to determine department or company progress toward stated goals and objectives
•Directs the work of the accounting/finance department in performing A/P, A/R, inventory, month-end closing, general ledger maintenance, capital appropriations, and planning process.
•Lead OpCo short and long-range financial planning processes for revenue, earnings, cash flows, expenses, inventory and capital planning.
•Collaborate with operations leaders to build an insightful and strategic long-term plan and Annual Operating Plan that achieves the business goals.
•Actively lead the monthly financial forecasting process to build the lines of business strategy to ensure that financial objectives are met.
•Provide insightful recaps and analysis and present findings to leadership to guide future strategic decisions for the business.
•Lead and mentor the finance and accounting team to enhance performance.
•Responsibilities include interviewing, hiring, and training employees; planning, assigning, and delegating work assignments; evaluating performance; rewarding and disciplining employees; addressing and resolving employee complaints.
•Recommends economic strategies, objectives and policies for the company.
•Oversee and direct inventory costing, purchasing, real estate, property, and liability insurance activities.
•Establish and maintain internal controls to safeguard company assets.
•Provides management with timely reviews of the organization’s financial status and progress in its various programs and activities.
•Manage and optimize the organization’s financial systems and software.
•Arranges for audits of company's accounts.
•Prepare reports required by regulatory agencies including compliance with government cost accounting regulations. Prepares proposals and assists in contract negotiations for products produced for the US Government.
•Oversee cost management and financial risk assessments.
•Collaborate with other departments to support overall business objectives.
•Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws.
•Other various duties as necessary or assigned.

Qualifications

•Bachelor's degree in finance, accounting, or applicable discipline required; Master's degree preferred.
•Minimum 8-10 years of finance experience with at least 3-5 years in management/leadership role preferred and at least 3-5 years in a FP&A role required.
•Previous experience in the Aerospace industry is highly desired: Experience in a high mix/low volume manufacturing environment required.
•Proven experience in a senior financial leadership role.
•Strong knowledge of GAAP and financial reporting standards.
•Previous experience with percentage of completion contracts for revenue recognition highly desired.
•Experience with Financial forecasting budgeting and cash flow management.
•Prior experience with Oracle FCC/Planning is highly desired.
•Demonstrated ability to lead and manage a finance team.
•Excellent strategic planning, analytical and problem-solving skills.
•Strong interpersonal and communications skills, both written and verbal
•Proficient in excel and other financial applications.
•Ability to collaborate with executive leadership and provide financial insights for decision making.
•Travel up to 20%.

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Vice President, Finance • Windsor, CT, US

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