Finance Director, U.S

Position Title:

Finance Director, U.S.

Reports to:

Director, Corporate Finance [North America]

Location:

Buffalo, NY (in-office)/with occasional travel to Toronto, ON

Armstrong Fluid Technology is a global leader and innovator in the design, engineering, and manufacturing of sustainable, energy efficient systems in support of demand-based control, digitalization, fluid flow, and heat transfer for customers in a wide variety of industries. Their reputation and brand are synonymous with innovation, collaboration, and exceptional customer experiences. The organization has created a sustainable business model which produces innovative energy saving solutions to offer optimum lifetime building performance and enable customers’ scope 3 targets.

Their connected fluid flow solutions provide optimal efficiency and complete system transparency through real-time HVAC performance data and unrivalled intelligence. Building on their proud history they are on an exciting trajectory of transformation, expansion and growth and seeking to realize their full potential in the marketplace and make a significant impact on the world by reducing carbon emissions and energy costs.

The Financial Director will be a key leader within the Global Finance team and a member of the US entity Leadership Team. This is an exciting opportunity to join an organization experiencing tremendous growth and contribute in a broad leadership capacity. We are looking for a Finance Director who has proven ability to influence the organization, an innate curiosity about the business, and the ability to improve processes and build a high-performing team.

The successful candidate will provide vision and direction to the finance function and be a key member of the US senior leadership team for a national company with multiple sales channels and multiple manufacturing sites across the USA. We are seeking an experienced and driven finance leader to contribute, provide strong financial stewardship, and implement best practices within the US unit.

The role will be responsible for financial reporting, FP&A, tax compliance, and budgeting, including the company’s 3-Year Business Plan, aligned with corporate policies and practices.

• Responsible for all month-end closing and presenting financial results to the USA Leadership Team and the global/corporate finance team.
• Responsible for monthly FP&A activities such as P&L and Cash Flow forecasting and supporting the Sales and Operations teams in their monthly business reviews (MBRs).
• Analyze sales and operations to identify trends in the business; recommend and implement specific corrective actions when warranted.
• Organize monthly review package, including key performance indicators and general ledger reconciliations.
• Lead the monthly sales forecast process, provide CRM pipeline reviews and insights to sales.
• Monitor all financial activities and ensure compliance to US statutory requirements and to corporate standards. Determine and maintain all accounting principles and processes and ensure compliance with US Tax and GAAP regulations.
• Responsible for monitoring and driving compliance of all internal controls for operations activities that includes inventory related controls for multiple manufacturing sites.
• Manage reconciliation of all physical inventory, maintain accuracy in transactions and records for all inventory and perform the financial audit on an annual basis.
• Ensure standard cost of all products, services, and projects are maintained appropriately.
• Manage project accounting revenue and margin recognition. Provide relevant analytics and insight to the project team on timely basis.
• Perform actual vs. budget variance analysis for both overhead cost centers and manufacturing operating variances with root causes analysis and recommended actions.
• Manage the liquidity through working capital improvements to inventory control, credit and collections, as well as supplier payments.
• Gather customer income tax and sales tax data and manage remittances to the government.
• Partner with sales and operations to review key performance indicators and metrics, relative to budget.
• Review the…