Finance Director, Structural Components

Coats is a world leader in thread manufacturing and structural components for apparel and footwear, as well as an innovative pioneer in performance materials. These critical solutions are used to create a wide range of products, including ones that provide safety and protection for people, data and the environment.

Trusted by the world's leading companies to deliver crucial, innovative, and sustainable solutions, we provide value-adding products including apparel, footwear and speciality threads. With a proud heritage dating back more than 250 years and a spirit of evolution to constantly stay ahead of changing market needs, we have operations across 50 countries with a workforce of over 17,000, serving our customers worldwide.

As a key member of the Leadership Team, the Finance Director provides insight and challenge to support decision-makingand maximise shareholder value whilst ensuring the financial stewardship of the product line at all times.

The Structural Components Finance Director will be the senior finance leader for a product line, within Footwear division, generating c.$300m in annual revenue that is also undergoing a transformation, closely linked to the Ortholite integration, to drive a significant step-up in operating efficiencies and EBIT margin generation. This product line has direct responsibility for 8 factories in Europe and Asia and also acts as the steward for financial and operational delivery of 2 other product lines in Indonesia.

The role partners closely with the MD Structural Components and his leadership team to drive profitable growth, improve operational performance, and deliver financial commitments. This role is also a key part of the Footwear Division and Finance leadership teams with the incumbent effectively being the 'number 2' to the CFO Footwear Division.

The position is responsible for all aspects of financial performance management including strategic planning, forecasting,management reporting, business partnering, investment analysis, pricing, productivity initiatives, working capital management,and financial governance.

• Serve as the principal finance partner to the Managing Director Structural Components
• Participate as a key member of the Structural Components Leadership Team, and Division Leadership team.
• Provide financial leadership in defining and executing product line strategy.
• Support long-term growth plans, market expansion initiatives and footprint portfolio optimisation.
• Challenge business assumptions and support data-driven decision making.
• Develop financial models to evaluate strategic opportunities and risks.

• Own the monthly financial review process for the product line.
• Lead forecasting, budgeting and strategic planning activities.
• Deliver accurate financial reporting and performance analysis.
• Monitor revenue, gross margin, operating income and cash flow performance.
• Identify performance gaps and drive corrective actions.

• Support pricing strategy and profitability management.
• Evaluate commercial contracts and customer profitability.
• Partner with Sales and Commercial teams to improve margin performance.
• Assess product mix and market opportunities.
• Lead financial evaluation of key customer negotiations and business opportunities.

• Partner with Operations and Supply Chain leaders to improve manufacturing performance.
• Drive productivity, cost reduction and continuous improvement initiatives.
• Support inventory optimisation and working capital improvements.
• Monitor manufacturing variances, productivity metrics and operational KPIs.
• Ensure robust understanding of plant performance across the global footprint.
• Lead annual budgeting and medium-term-planning as well as monthly forecast processes.
• Develop scenario planning and sensitivity analysis.
• Provide insight into business drivers and market trends.
• Deliver actionable reporting and performance dashboards.
• Establish robust KPI frameworks supporting operational and financial objectives.

• Lead financial evaluation of capital expenditure projects.
• Review investment proposals and ensure alignment with strategic objectives.
• Support manufacturing footprint optimisation initiatives.
• Evaluate automation, productivity and growth investments.
• Monitor post-investment performance and return on investment.

• Ensure compliance with group policies and…