Job Description
Job Description
We are seeking an experienced Director of Finance to join our team at Elemet Group. The mission of the Director of Finance is to oversee all plant-level financial activities for multiple facilities, ensuring accurate reporting, effective cost control, and strategic financial planning to support operational excellence. This position will serve as a financial business partner to operations leadership, providing insight into operational performance, driving process improvements, and ensuring compliance with accounting policies and procedures.The Director of Finance requires a strong understanding of cost accounting, inventory management, and financial reporting within a manufacturing environment, preferably in the metals or heavy industry.
Key Responsibilities
•Lead, manage and hold finance team accountable to organizations’ policies and procedures.
•Oversee the day-to-day financial operations including accounts payable, accounts receivable, invoicing, and cash management.
•Serves as a key member of the leadership team in developing and implementing business plans, budgets, forecasts, and strategic plans.
•Manage the local general ledger through the monthly close process and account reconciliations; prepare, review and analyze monthly financial documents and maintain all accounting processes and ensure compliance with US GAAP.
•Manage the product costing process for multiple facilities.
•Collaborate with engineering and production teams to establish and monitor standard product costs.
•Analyze cost variances (e.g. material price and usage, labor efficiency, overhead spending).
•Owner of standard costing in finished goods and manufactured components.
•Monitor standard costing for raw materials and purchased components.
•Manage and/or complete accounting duties for month end close.
•Ensure timely and accurate monthly, quarterly and year-end close.
•Assist with audits, tax preparation, and reconciliation of inventory accounts.
•Calculate burden rates annually and for new equipment.
•Build and maintain operations budgets, analyze and report on operational results against budgets.
•Create and post journal entries.
•Guides financial decisions and protects assets by establishing, monitoring, and enforcing policies, procedures, and internal controls.
•Work cross functionally to streamline cost accounting process.
•ERP subject matter expert.
•Government surveys.
•Prepare monthly, quarterly, and annual financial statements and reporting packages.
•Manage annual financial audit with CPA firm
•Prepares budgets by collecting, analyzing, and consolidating financial data, and recommending plans.
•Produces the annual budget and forecasts; reports significant budget differences to management.
•Participates in weekly leadership meetings, quarterly reviews, and annual strategic planning events
•Assist/support the President with tasks as necessary.
•Additional duties and projects as assigned.
Qualifications
•Bachelor’s degree in Accounting, Finance, or related field (CPA/CMA preferred but not required)
•7+ years of progressive financial leadership experience in a manufacturing environment; metals industry experience highly preferred
•Strong work experience as a Director of Finance or similar role in manufacturing
•Strong cost accounting skills
Skills and Competencies
• Thorough knowledge of accounting principles (GAAP) and procedures
•Hands-on experience with general ledger, accounts payable, and accounts receivable
•Exceptional attention to detail and ability to work with tight deadlines
•Clear, concise communication skills that resonate with various stakeholders
•Approachable leadership style that fosters collaboration with the operations team
•Results-oriented mindset focused on delivering effective outcomes
•Strong decision-making, critical thinking, and problem-solving capabilities
•Tenacity to overcome obstacles through repeated and enduring efforts
•Advanced Microsoft Office skills, especially Excel
•Strong ERP knowledge (JobBoss preferred)
•Travel approximately 10% of time
Physical Requirements
•Prolonged periods of sitting at a desk and working at a computer
•Standing, walking, and bending periodically
•Must be able to lift 15-20 pounds occasionally
•Engaging in repetitive movements of wrists, hands, and fingers - typing and/or writing
•Receiving and responding to oral communication
Featured Benefits
•Medical Insurance with HSA
•Dental Insurance
•Vision Insurance
•Life Insurance
•Accident & Critical Illness Insurance
•401(k) Contributions
•Tuition Reimbursement
•Profit Sharing
•Paid Time Off (PTO)
•Volunteer PTO
•9 Paid Holidays
•Paid Uniforms
•Boot Reimbursement
Job Details
Job Title: Director of Finance
Company: Glenn Metalcraft Inc.
Location: Princeton, MN
Shift: 1st Shift
Reports To: President
Direct Reports: Yes
Pay Type: Salary
Job Type: Indirect
Requisition ID: 54019
The expected base pay range for this position is between $95k and $149k annually.The actual base pay offered may vary depending on multiple individualized factors, including geographical location, education, job-related knowledge, skills, and experience.
Who We Are
Elemet Group provides solutions to solve our customers’ manufacturing and fabrication challenges. Across our four separate locations, we have access to state-of-the-art equipment and highly skilled specialists in CNC metal spinning, robotic welding, automated machining, assembly, powder coating, e-coating, and 2-axis and 5-axis water jet cutting and provide our customers with vertically integrated solutions.
Our core values of Teamwork, Integrity, Driven, Innovation, and Fun guide our daily business decisions, foster a strong sense of community, and reinforce our commitment to a positive workplace culture.
Elemet Group participates in E-Verify, a federal program that checks the employment eligibility of all new hires.
Elemet Group is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
You should be proficient in:
- Leadership / People Management
- Bachelor's Degree
- Cost Accounting
- Accounts Payable (AP)
- Accounts Receivable (AR)
- Bank Reconciliation
- Budgeting / Forecasting Experience
Machines & technologies you'll use:
- ERP Software
- Accounting Software