Director of Finance

Worker Type

Regular

Summary

Job Description

Reporting to the VP of Finance, the Director of Finance will provide financial leadership to the assigned Product Line General Managers, operating as a business partner and trusted advisor. This role will have direct responsibility for all financial matters, including review and challenge of the budgets/forecasts and performance of the business. Primary success factors will be meeting or exceeding the Product Line business performance as reviewed by senior leadership, ability to improve the effectiveness of the internal financial and business control environment and driving working capital and cash flow performance to achieve budget commitments.

Position Responsibilities

• Direct financial assurance and control, all aspects of financial reporting, including but not limited to: financial plan supporting business area Strategic Growth Plan; developing and implementing the monthly forecasts and annual budget, providing sound financial decision-making, and proactively identifying business issues and driving resolution in a timely manner
• Oversee and provide day-to-day leadership to assigned Product Line Business Managers and associated staff
• Lead and actively engage in pricing and proposal activities; to include participating in pricing strategy and bid reviews, negotiations with customers, developing financial strategies for long-term agreements, and monitoring/reporting margin performance as part of program reviews
• Lead the development and implementation of financial strategy at the Product Line business level
• Identify opportunities to increase Finance capability within the Finance team and take action to lead that capability building. With specific focus on leading Finance improvement initiatives which deliver planned financial position in a more effective manner
• Responsible for key compliance areas and critical business processes needed to operate the business. Establishes and implements policy in assigned financial areas.
• Performs a wide variety of highly complex financial / business analyses with regard to monthly, quarterly and annual submissions of financials
• Provides regular and ad hoc financial analyses and information.
• Ensures adequate financial procedures and controls are in place and adhered to
• Responsible for hiring, assigning responsibilities, reviewing performance, training, counseling, developing and evaluating management staff within assigned team of senior financial managers and their staffs. Has authority to take action and make decisions regarding personnel matters. Develops and manages functional operating plans and budgets
• Actively participates in Product Line leadership team
• Supports the Product Line on approving, tracking and forecasting of investments such as IR&D, sustaining, capital and other direct projects
• Review and validate Estimate at Completes are prepared timely on direct projects
• Works with Corporate accounting and the external auditors on the Product Line financials for the annual audit
• Supports the Operations organization (Supply Chain, Manufacturing, and Quality) with financial analysis, transaction processing, and cost and inventory data
• Supports Corporate Accounting on any compliance projects such as SOX and Gov’t audits
  
  

Basic Qualifications (Required Skills & Experience)

• Bachelor’s degree in Business, Finance or Accounting is required or equivalent combination of education, training, and experience
• Minimum 12+ years of finance experience required within the Aerospace and Defense / Technology field with minimum 5+ years of direct managerial experience
• Experienced with project accounting required
• Experienced with ERP & Financial Planning Systems (Oracle / Hyperion)
• Experienced managing budgets and the annual planning process
• Experienced reviewing contracts and preparing financial models
• Experienced in a product-based company with inventory and warranty accounting experience
• Experienced in a public company
  
  

Other Qualifications & Desired Competencies

• MBA / CMA or advanced degree preferred
• Demonstrates strong written and analytical skills with experience presenting financial information to executive level management.
• Demonstrates competency work cross functionally and influence others through strong interpersonal and communication skills.
• Experience in Project Management and financial transactions within a programs-based business, with outstanding commercial skills in profitably managing contract/program execution.
• Uses vision to think beyond the immediate situation, explore multiple potential paths, and adapt decision-making style based on the situational circumstances
• Inspires, motivates, and empowers people to deliver organizational goals, while also delivering value back to employees
• Brings organizational values to life using personality, uniqueness and the creation of a shared vision
• Champions the process of change and promotes a culture of quick adaptation while helping others deal with the effects of change
• Demonstrates the ability to develop and maintain internal and external trusting, professional relationships
• Assesses the degree of risk and opportunity in plans or actions and takes appropriate action to mitigate them or makes plans to build on the opportunity
• Frequently required to travel outside the U.S. to various Emerging business sites and or customers
  
  

Physical Demands

• Ability to work in an office environment (Constant)
• Required to sit and stand for long periods; talk, hear, and use hands and fingers to operate a computer and telephone keyboard (Frequent)
  
  

Special Requirements

• U.S. Citizen, U.S. Permanent Resident (Green Card holder) or asylee/refugee status as defined by 8 U.S.C. 1324b(a)(3) required
  
  

The Salary Range For This Role Is

$165,580 - $234,465

AeroVironment considers several factors when extending an offer, including but not limited to, the location, the role and associated responsibilities, a candidate’s work experience, education/training, and key skills.

ITAR Requirement

This position requires access to information that is subject to compliance with the International Traffic Arms Regulations (“ITAR”) and/or the Export Administration Regulations (“EAR”). In order to comply with the requirements of the ITAR and/or the EAR, applicants must qualify as a U.S. person under the ITAR and the EAR, or a person to be approved for an export license by the governing agency whose technology comes under its jurisdiction. Please understand that any job offer that requires approval of an export license will be conditional on AeroVironment’s determination that it will be able to obtain an export license in a time frame consistent with AeroVironment’s business requirements. A “U.S. person” according to the ITAR definition is a U.S. citizen, U.S. lawful permanent resident (green card holder), or protected individual such as a refugee or asylee. See 22 CFR

• 120.15. Some positions will require current U.S. Citizenship due to contract requirements.
  
  

Benefits: AV offers an excellent benefits package including medical, dental vision, 401K with company matching, a 9/80 work schedule and a paid holiday shutdown. For more information about our company benefit offerings please visit: http://www.avinc.com/myavbenefits.

We also encourage you to review our company website at http://www.avinc.com to learn more about us.

Principals only need apply. NO agencies please.

Who We Are

Based in California, AeroVironment (AVAV) is a global leader in unmanned aircraft systems (UAS) and tactical missile systems. Founded in 1971 by celebrated physicist and engineer, Dr. Paul MacCready, we’ve been at the leading edge of technical innovation for more than 45 years. Be a part of the team that developed the world’s most widely used military drones and created the first submarine-launched reconnaissance drone, and has seven innovative vehicles that are part of the Smithsonian Institution’s permanent collection in Washington, DC.

Join us today in developing the next generation of small UAS and tactical missile systems that will deliver more actionable intelligence to our customers so they can proceed with certainty – and succeed.

What We Do

Building on a history of technological innovation, AeroVironment designs, develops, produces, and supports an advanced portfolio of unmanned aircraft systems (UAS) and tactical missile systems. Agencies of the U.S. Department of Defense and allied military services use the company’s hand-launched UAS to provide situational awareness to tactical operating units through real-time, airborne reconnaissance, surveillance, and target acquisition.

We are proud to be an EEO/AA Equal Opportunity Employer, including disability/veterans. AeroVironment, Inc. is an Equal Employment Opportunity (EEO) employer and welcomes all qualified applicants. Qualified applicants will receive fair and impartial consideration without regard to race, sex, color, religion, national origin, age, disability, protected veteran status, genetic data, sexual orientation, gender identity or other legally protected status.

ITAR

U.S. Citizenship required