Director of Finance

Description

Position Summary

The Director of Finance provides strategic and operational financial leadership for Stiles Machinery and its affiliated business operations. This role is responsible for overseeing all aspects of financial planning, accounting, reporting, treasury, tax, internal controls, budgeting, forecasting, and financial analysis while serving as a key business partner to executive leadership.

As part of a global organization, the Director of Finance ensures the integrity of financial reporting under both U.S. GAAP and IFRS, supports business growth initiatives, and delivers financial insights that drive profitability, operational excellence, and long-term strategic objectives. The role supports a complex business environment that includes capital equipment sales, field service operations, aftermarket parts distribution, software and technology solutions, and project-based customer engagements.

Essential Duties and Responsibilities

Strategic Financial Leadership

• Partner with executive leadership to develop and execute the company's financial strategy.

• Provide financial leadership supporting company growth, market expansion, operational efficiency, and profitability objectives.

• Evaluate business opportunities, capital investments, acquisitions, and strategic initiatives.

• Identify financial risks and opportunities and develop mitigation strategies.

• Serve as a trusted advisor to senior leaders regarding financial performance and business decision-making.

Financial Planning & Analysis

• Lead the annual budgeting process, quarterly forecasting, and long-range strategic planning.

• Develop and maintain financial models supporting capital investment, workforce planning, and business growth initiatives.

• Monitor key business performance indicators and proactively identify trends impacting financial results.

• Deliver actionable financial insights and recommendations to executive leadership.

• Support revenue forecasting and margin analysis across equipment sales, service, parts, software, and other business segments.

Financial Reporting & Accounting

• Direct the preparation of monthly, quarterly, and annual financial statements.

• Ensure accurate reporting and compliance with both U.S. GAAP and IFRS requirements.

• Oversee month-end and year-end closing processes.

• Manage financial consolidations, balance sheet integrity, and account reconciliations.

• Coordinate and support external audits, tax audits, and corporate reporting requirements.

• Maintain accounting policies and procedures that align with company and parent organization standards.

Treasury & Cash Flow Management

• Oversee cash management, liquidity planning, and working capital optimization.

• Develop cash flow forecasts and monitor financial performance against targets.

• Manage banking relationships, financing arrangements, and credit facilities.

• Support foreign currency risk management and treasury initiatives where applicable.

• Ensure adequate financial resources are available to support business operations and growth.

Business Operations Support

• Partner with Operations, Service, Parts, Sales, and Human Resources leaders to improve financial performance.

• Drive profitability analysis for customer projects, service contracts, aftermarket business, and major investments.

• Support pricing strategies and margin improvement initiatives.

• Develop cost-control measures and operational efficiency programs.

• Monitor inventory valuation, inventory turns, and service profitability metrics.

Internal Controls & Compliance

• Establish and maintain strong internal controls and financial governance practices.

• Ensure compliance with company policies, regulatory requirements, and all applicable financial regulations.

• Oversee financial risk management and audit remediation activities.

• Maintain authority and approval structures that support financial accountability.

• Ensure compliance with tax reporting requirements and statutory obligations.

Systems & Process Improvement

• Provide financial leadership for ERP, CRM, and reporting system optimization initiatives.

• Partner with IT and business stakeholders to improve automation, reporting, and data quality.

• Leverage SAP ERP and SAP CRM platforms to enhance financial reporting, forecasting, customer profitability analysis, and operational decision-making.

• Develop dashboards and reporting tools that improve visibility into business performance.

• Lead continuous improvement initiatives across finance processes and controls.

Leadership & Talent Development

• Lead, coach, and develop a high-performing finance organization.

• Establish clear performance expectations and development plans.

• Build organizational capability through succession planning and talent development.

• Foster a culture of accountability, continuous improvement, collaboration, and customer focus.

• Promote strong cross-functional partnerships throughout the organization.

Qualifications

Education

• Bachelor's degree in Accounting, Finance, Business Administration, or related field required.

• MBA or Master's degree preferred.

• CPA designation strongly preferred.

Experience

• Minimum 10 years of progressive finance and accounting experience.

• Minimum 5 years of senior financial leadership experience.

• Experience within manufacturing, industrial equipment, capital equipment, engineering, distribution, or technical service organizations strongly preferred.

• Experience supporting multinational organizations and reporting under both GAAP and IFRS.

• Experience with budgeting, forecasting, treasury management, financial planning, and business analytics.

• Experience working with SAP ERP and SAP CRM systems preferred.

Location: Grand Rapids, Michigan

Qualifications

Education

Required

• Bachelors or better in Accounting

Equal Opportunity Employer

This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights (https://www.eeoc.gov/poster) notice from the Department of Labor.