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

Vice President, Finance

Triumph Group • Windsor, CT, US
30+ days ago
Job type
  • Permanent
Job description

Function:

Finance

TRIUMPH designs, engineers, manufactures, repairs and overhauls a broad portfolio of aviation and industrial components, accessories, subassemblies, systems and aircraft structures. We partner with original equipment manufacturers (OEMs) and operators of commercial, regional, business and military aircraft worldwide, to provide products and services that solve their hardest problems. So whatever the part, component or complexity of assembly, TRIUMPH is committed to quality, service and meeting the specialized needs of each customer.

TRIUMPH participates at all levels of the aerospace supply chain – from single components, to complex systems, to aerospace structures and their contents. We provide solutions for the entire product life cycle of an aircraft – from raw material to aftermarket service. Our unique ability to integrate a broad range of products and capabilities is our competitive advantage.

We are rapidly growing and looking for people who feel rewarded by innovation, career growth, and making an impact all while working with state-of-the-art equipment on cutting-edge projects. If you're ready to be challenged, inspired, and supported as you pursue your professional best, we hope you'll explore a future with TRIUMPH.

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%.

Our Vision:

As one team, we enable the safety and prosperity of the world.

Our Mission:

We partner with our Customers to TRIUMPH over their hardest aerospace, defense, and industrial challenges to deliver value to our stakeholders.

Our Values:

  • Integrity – Do the right thing for our stakeholders. We value safety, diversity, and respect.
  • Teamwork – Win as One team-one company. Solicit help and assist others.
  • Continuous Improvement – Pursue zero defect quality. Attack problems and relentlessly raise the bar.
  • Innovation – Passion for growing the business. Lead through ingenuity and entrepreneurship.
  • Act with Velocity – Partner, anticipate and communicate. Proactively solve problems.

Code of Conduct:

To perform the job successfully, an individual should demonstrate the TRIUMPH behaviors captured within our core values: Integrity, Teamwork, Continuous Improvement, Innovation, and Act with Velocity. Detailed definitions are below and performance metrics for each behavior can be found on our intranet and is embedded within our Performance Management processes. All employees are expected to represent the values and maintain the standards contained in TRIUMPH’s Code of Conduct.

Environmental, Health, and Safety (EHS):

Employees are responsible for the Health, Safety, and Welfare of themselves, the environment, and other people. All employees must comply with EHS policy training and instructions, help to maintain a safe and clean working environment, and use any Personal Protective Equipment (PPE) provided by the Company. Employees must report any accidents, incidents, and near misses to management. Additionally, employees are expected to notify management of any dangerous or potentially dangerous situations or practices.

Additional Information:

Triumph is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran status, or disability.

SELECT US positions require access to technology, materials, software or hardware that is controlled by US export laws including the International Traffic in Arms Regulations (“ITAR”) and the Export administration Regulations (“EAR”). In order to be eligible for applicable positions, you must be a US Person under ITAR or eligible for approval for a U.S. Government export license. A US Person is a US Citizen, Lawful Permanent Resident, refugee or asylee. All inquires related to citizenship are asked solely to comply with ITAR and EAR export licensing requirements.

U.S. applicants must be legally authorized to work in the United States without company sponsorship.

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Vice President, Finance • Windsor, CT, US

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