Job Description
The Finance Director for Malema Engineering (part of PSG) is reporting to the General Manager and has a dotted line to the CFO. The Finance Director is responsible for the financial management of the organization and responsibilities include financial reporting, forecasting, financial planning (in addition to involvement in the broader strategic plan), annual budgeting, monthly and quarterly analysis and special projects. Additionally, this role will be responsible for providing strategic support to senior management through presentations, capital expenditure analysis, industry/peer group comparisons, new business opportunities, new product development revenue and profitability.
What You’ll Do: - Lead, direct, evaluate, and develop a staff of financial professionals (may also include other functional departments) to ensure the organization's accounting activities (or other functional departments) are conducted accurately, ethically, consistently and according to relevant regulations, laws, and standards
- Responsible for Financial Planning and Analysis and Financial Controls
- Advise senior management on financial matters and on the potential impact of current and future laws and regulations on the operation of the organization
- Ensure timely and accurate preparation of monthly, quarterly and year-end financial statements, as well as balance sheets and other required documents according to the statutory requirements
- Align business metrics with segment and corporate objectives to provide appropriate scorekeeping and KPIs
- Analyze the organization’s revenues, liabilities, credit conditions, and other financial indicators to forecast it's short, medium, and long-term cash flow position; evaluate and recommend investments and other financial instruments to meet cash flow needs
- Ensure compliance with country-specific legal requirements
- Establish policies and procedures for adherence to corporate standards and external accounting policies
- Manage components of the annual budgeting process for the operating company and effectively present the plan
- Plan, forecast and control budget, analyze trends and anticipate organization operating performance; make recommendations to management to solve unfavorable trends
- Prepare comprehensive business/ financial forecasts, reports, and/or analysis and work with the executive management team to ensure trends are understood and acted upon
- Safeguard assets and manage cash flow to meet business needs, such as fixed assets, inventory and receivables
- Utilize the Dover Financial Planning (DFP) system to facilitate information flow and improve the forecasting process
- Oversee IT projects (ERP System: Oracle) and be responsible for checking and approving IT-related matters
- Manage a small team of direct reports
- Responsible for the timeliness and accuracy of financial reporting including budgets, forecasts, and cash flow analysis for the segment
- Monitor key performance measures against agreed standards as part of the Financial Monthly Review
- Develop interface with finance and manufacturing to focus on clear cost targets and controls
- Formulate objective targeting cash control, debtor reduction and outlook forecasting
- Lead and drive audit process
- Ensure compliance with local/national and US financial and accounting rules and in particular SOX
- Participate in due diligence activity, analyzing potential acquisitions, mergers and other ventures
- Develop and analyze relevant data and specifications to establish period end process standards
- Investigate and analyze forecasting variances
- Provide adequate management information and analysis to support effective decision-making
What You’ll Bring: - Bachelor’s degree in a relevant field (Business Economics, Business Administration, Accounting, Finance, etc.)
- 7+ years relevant experience in accounting or finance, with minimum of 3 years of financial management experience
- Proven international (diversified manufacturing) finance professional
- Experience with reporting into US headquarters or international company
- Experience managing a revenue of $15-40 million or greater
- Proven experience in US GAAP
- Strong analytical ability and technical skills
- Demonstrated leadership as part of a cross-functional, international management team managing a team of 3 or more people
Nice to Have: - ERP implementation experience (Oracle)
- M&A experience
- CPA and/or MBA
- Working knowledge of manufacturing systems and Lean Enterprise concepts
About the Company: PSG® is the global pump, metering and dispensing-solution expert, enabling the safe and efficient transfer of critical and valuable fluids that require optimal performance and reliability in applications where it matters most. Additionally, PSG is a leading provider of flow meters designed to reduce waste and downtime while accurately measuring, monitoring and controlling the distribution of fluids. Headquartered in Oakbrook Terrace, IL, USA, PSG is comprised of several world-class brands, including Abaque®, All-Flo™, Almatec®, Blackmer®, Ebsray®, em-tec®, Griswold®, Hydro™, Malema™, Mouvex®, Neptune®, PSG® Biotech, Quantex™, Quattroflow®, and Wilden®. PSG products are manufactured on three continents – North America, Europe, and Asia – in state-of-the-art facilities that practice lean manufacturing and are ISO-certified. PSG is part of the Pumps & Process Solutions segment of Dover Corporation. For additional information on PSG, please visit psgdover.com.
We thrive on winning and being number one; and are always looking to add the best and brightest to our talented team of professionals. PSG offers a unique combination of the both small company atmosphere: with an ownership mindset that allows you to make close-to-the-customer decisions; an innovative approach in seeing beyond what is possible today and entrepreneurial spirit in the pursuit of new opportunities; combined with benefits of a large company’s scale, tools, expertise, and financial strength with Dover. Join PSG, a growing global company where your curiosity, hard work and ambition is rewarded with exceptional career opportunities in a friendly & fast paced environment.
PSG is part of the Pumps and Process Solutions segment of the Dover Corporation® (NYSE: DOV). Dover is a diversified global manufacturer and solutions provider with annual revenue of approximately $8 billion. We deliver innovative equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services through five operating segments. Recognized for our entrepreneurial approach for over 65 years, our team of over 25,000 employees takes an ownership mindset, collaborating with customers to redefine what's possible.
Work Arrangement: Onsite
Salary Range: -
We consider several job-related, non-discriminatory factors when determining the pay rate for a position, including, but not limited to, the position’s responsibilities, a candidate’s work experience, a candidate’s education/training, the position’s location, and the key skills needed for the position. Pay is one of the Total Rewards that we provide to compensate and recognize employees for their work.
All qualified applicants will receive consideration for employment without discrimination on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, age, genetic information, or any other factors prohibited by law.
Attention Applicants: If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process, please let us know. Likewise, if you are limited in the ability to access or use this online application process and need an alternative method for applying, we will determine an alternate way for you to apply. Please contact accommodations@psgdover.com for assistance with an accommodation. Kindly specify Job Requisition Number / Job Title and Location in response.
Job Function: Finance
Job Tags
Full time, Temporary work, Work experience placement, Local area,