Director, FPA

Company: Race Winning Brands
Location: Mentor
Posted on: November 1, 2024

Job Description:

Description:Race Winning Brands (RWB) is the leading manufacturer of racing and high-performance parts sold to automotive and powersports markets. RWB is the preferred source for high-end pistons, engine blocks, cylinder heads, intake manifolds, connecting rods, crankshafts, clutches, transmissions, springs and other engine and driveline- related performance components.RWB has an immediate opening for Director of FP&A who will be responsible for providing business support and financial leadership to Race Winning Brands North America Companies.Requirements:-- Provide indispensable counsel to senior leaders, influencing critical financial decisions and ensuring alignment with organizational objectives. Offer actionable insights to shape financial strategies within your functional domain. Create an action plan to address discrepancies and unforeseen circumstances.-- Craft and execute financial strategies, leveraging predictive analytics and data-driven approaches. Effectively communicate plans to both internal stakeholders and board members, fostering collaborative decision-making processes.-- Investment Decision Support: Participate actively in strategic investment discussions, offering informed recommendations to facilitate business growth. Champion alternative approaches and drive accountability for investment outcomes.-- Influence and drive decisions related to the P&L, diligently steering the organization towards its financial commitments. Implement corrective measures and adapt strategies to meet evolving market demands.-- Build and nurture a high-performing team, fostering a culture of excellence and continuous growth. Provide mentorship and guidance to team members, driving financial competency and operational efficiency. Drives financial competency, capability, and robust control across the function.-- Ensure the integrity of financial data by reviewing, developing, and implementing robust financial policies and procedures in alignment with industry standards and regulatory requirements.-- Coordinate forecasting and budgeting processes, working closely with leadership to develop accurate and achievable financial plans.-- Generate regular financial reports and present them to executive management and stakeholders, highlighting key performance indicators (KPIs) and financial trends.-- Partner with operational teams to provide financial insights and recommendations for improving operational efficiency and profitability.-- Monitor cash flow positions and ensure sufficient liquidity for daily operations.Tactical and Team Oriented:-- Evaluate financial and strategic impact of new business opportunities. -- Embody the highest standards of ethical behavior and absolute discretion with sensitive information-- Coordinate preparation of annual budgets, quarterly forecasts and reporting.-- Develop and lead annual Financial Planning process across the company.-- Develop trend analysis and consolidation of forecasts for all groups.-- Conduct and evaluate what-if analysis on various business scenarios.-- Develop professional relations with key managers of businesses to facilitate information sharing.-- Utilize pro-forma model of business combinations, divestitures and other projects.-- Develop root cause analysis and gap closure plans when results are not as per financial plan expectations working with other department personnel.-- Monitor and manage several existing projects with tight deadlines, including independent project work.-- Perform cost benefit or breakeven analysis on specified projects.-- Search for financial opportunities to improve business, accounting and budgeting processes.-- Develop budgets, forecast and variance analysis working with budget owners.-- Collaborate with other departments to analyze different projects to develop goals, measure performance and make recommendations.-- Conduct monthly variance analyses through result evaluation to recommend business process improvements.-- Develop and present financial plans and projections to senior management.-- Provide financial analysis support as needed to manage ad hoc projects.-- Participate in cross-functional efforts within Finance to improve reporting, planning, and analysis capabilities.PM21Qualifications: Education:Bachelor's or master's degree in finance, accounting, business administration or relevant field or equivalent work experience Experience:10+ years of relevant supervisory or management experience Computer Skills:Proficient in Microsoft Office Suite Communication Skills:Excellent communication skills (both verbal and written). Must be able to communicate with both management and non-management associatesWhat You'll Get Eligible for Medical, Dental, Vision Insurance as of Day One Employer Paid Life and Disability Insurance HSA with Employer Contributions 401(K) Retirement Plan with Company Match Employee Wellness and Assistance Programs Paid Maternity/Paternity Leave Paid Time Off 13 Paid Company Holidays EEO Statement: Race Winning Brands provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristics protected by federal, state, or local laws. PIbee0ba2864d7-25660-35474576

Keywords: Race Winning Brands, Detroit , Director, FPA, Executive , Mentor, Michigan