Director of Finance Operations - Robotics & Automation

Finance Manager

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Novanta is one global team with over 26 offices located in The Americas, Europe and Asia-Pacific. Looking for a great place to work? You have found it with a culture that embraces teamwork, collaboration and empowerment. Come explore Novanta.

This position leads finance for Novanta's Robotics and Automation business unit with two product portfolios, ATI and Celera Motion. Robotics and Automation operate globally, with manufacturing and R&D happening in six countries.

ATI provides robotic end-effectors such as tool changers, sensors, and automation accessories that enhance the flexibility and productivity of industrial robots. Celera Motion delivers precision motion control componentslike encoders, motors, and servo drivesused in advanced medical, robotics, and industrial automation applications.

Our company excels in collaborating with our OEM partners to engineer products from the largest engineering solution to the smallest component.

The role is responsible for providing financial, analytical, and decision support for the Robotics and Automation business unit within Novanta's Automation & Enabling Technology business segment. In addition, this role will support the financial reporting activities of the Apex site. This finance role reports directly to the VP Finance R&A. This is a "business partner" role, in which the individual is expected to lead the business analysis, forecasting, and planning processes, and partner with the BU leadership team to make better business decisions through provided insights and information. The candidate must be a "hand's on" leader who enjoys challenges and thrives in a demanding environment.

Primary Responsibilities

• Lead the monthly & quarterly financial analysis process, which includes detailed analysis of the P&L and Balance Sheet to gain specific insights and make recommendations for business improvements.
• Develop and lead the monthly & quarterly financial forecasting and planning process to predict operating results, coordinate forecasting processes across the global business, define deliverables, and help drive better business outcomes.
• Coordinate with cross-functional leaders to support internal reporting & management discussion and analysis of the financial and operating performance.
• Lead annual budgeting processes including developing financial targets, key metrics, multi-year financial projections, and alignment of financial and operational objectives.
• Support and manage strategic development planning processes.
• Provide analysis of new business opportunities, customer pricing, new product development, manufacturing strategy, acquisitions modeling, and due diligence efforts.
• Proactively identify process improvements, cost efficiency initiatives, while helping to drive stronger ownership over the businesses' productivity programs to drive better financial outcomes.
• Ensure that the business is run in a cost effective, cash conscience manner, with an emphasis on maximizing economic returns on investments and cash on cash returns.
• Further advance initiatives to streamline and standardize financial processes across the organization, ensuring consistency and efficiency in operations.
• Develop and implement best practices for financial planning and analysis, including the creation of standardized templates and procedures.
• Collaborate with cross-functional teams to identify areas for process improvement and drive continuous improvement efforts.
• Oversee the development and maintenance of Power BI dashboards and reports to provide real-time insights into financial performance and key metrics.
• Ensure the accuracy and integrity of data used in Power BI reports, working closely with the IT and data teams to manage data sources and integrations.
• Assist in special projects as needed.
• Provide proactive financial guidance to functional leaders : Advise business and functional leaders on the financial impact of operational decisions, ensuring alignment with financial commitments and strategic objectives.
• Deliver clear reasoning for commercial decisions : Support and explain business decisions related to pricing, gross margin, and profitability, ensuring recommendations are grounded in robust financial analysis.
• Design and implement new reporting processes : Identify gaps in existing financial reporting and create new processes and reports to deliver actionable insights for business leaders.
• Champion problem-solving in low process maturity environments : Apply a structured problem-solving toolkit to navigate ambiguity and drive improvements in areas with limited established processes.
• Influence and support commercial change : Actively support and influence change initiatives within the commercial organization, driving results through effective collaboration and financial leadership.
• Collaborate on headcount and resource planning : Work closely with HR and business leaders to ensure open headcount and resource planning aligns with financial forecasts and business needs.

Required Experience, Education, Skills and Competencies

Travel Requirements

Physical Requirements

Novanta is proud to be an equal employment opportunity and affirmative action workplace. We consider all qualified applicants without regard to race, color, religion, sex (including pregnancy), sexual orientation, gender identity or expression, national origin, military and veteran status, disability, genetics, or any other category protected by federal law or Novanta policy.

Please call +1 781-266-5700 if you need a disability accommodation for any part of the employment process.