Director of Finance

This position requires a strategic and results-driven professional to lead our financial operations across our manufacturing sites in Michigan and Mexico. This pivotal role requires a seasoned finance professional with a deep understanding of the importance of Industrial Management Controls within our manufacturing sites related to cash management, revenue analysis, production standards, and industrial performance reporting. The ideal candidate will possess a strong ability to optimize profitability, manage fixed costs, enhance inventory reliability, to ensure budgets and forecasts are met or exceeded. This position reports directly to the Executive Vice President, Hutchinson Antivibration Systems, North America.

Join the mobility revolution with HUTCHINSON

Are you looking for a job in the automotive, aerospace, defense or industrial sectors?

Would you like to imagine, design and manufacture solutions in vibration control, fluid management,

sealing and composite materials to meet major environmental challenges?

Hutchinson invites you to take action and be at the heart of sustainable, safer, low-carbon mobility.

Join us and reveal what drives you!

ESSENTIAL DUTIES AND RESPONSIBILITIES :

• Cash Management : Oversee cash flow management and forecasting, ensuring monthly analysis of all elements related to Working Capital, inventory, customer and supplier payment terms, identifying a gap analysis with proper corrective actions. This includes monitoring outstanding payments, management of credit limits, and anticipation of nonpayment risk
• Revenue Analysis : Analyze revenue streams and standard gross margins, providing insights to drive financial performance relative to high and low standard margin analysis monthly so informed decision-making is possible. Measures the impact of unit price changes, current exchange rate fluctuations, tooling depreciation and R&D costs.
• Production Standards : Collaborate with production teams to establish and monitor production standards, ensuring alignment with financial goals and operational efficiency to ensure the accuracy of product profitability evaluating actual performance, workshop efficiency, and creating reliable budgets and projections.
• Industrial Performance Reporting : Develop and implement comprehensive reporting systems to track and analyze industrial performance metrics, driving continuous improvement initiatives; labor management variances, raw materials variances, and ODC (other direct cost) to ensure adherence to the performance monitoring system.
• Inventory Optimization : Lead initiatives to enhance inventory reliability and optimization, minimizing excess and obsolete stock while ensuring adequate supply for production.
• Fixed Cost Management : Monitor and manage fixed costs, ensuring alignment with budgetary targets and operational efficiency. Monitor monthly deviations between actual expenses and budgetary targets, managing fixed costs and ensuring finance balance. Identify cost saving opportunities.
• Profitability Management : Identify and implement strategies to enhance bottom-line profitability across all manufacturing sites.
• Financial Forecasting : Prepare accurate financial forecasts and budgets, analyzing variances and recommending corrective actions to meet financial objectives.
• Long Term Plan Strategy and Budget : Annually prepares the LTP and Budgets for HAVS North America with the Executive Vice President, Sales, and other cross functional departments.
• Cross-Functional Collaboration : Work closely with operations, sales, and supply chain teams to align financial strategies with overall business goals and objectives

REQUIREMENTS :