Finance Director, MOCON Alphasense

at  Ametek Inc

Location:Braintree, GB, CM77 7AA
Business Unit: Ametek Mocon
Posting Date: Oct 25, 2024
Job Description:
The Finance Director for MOCON Alphasense Ltd is responsible for overseeing all financial, reporting and accounting operations in the UK including budgets, forecasting, monthly closings, monthly, quarterly and annual reporting, oversight of the accounting staff and other business initiatives which relate to the accounting functions. This role serves as the key interface with the Corporate finance teams across AMETEK (US-based publicly traded company) this position will report into the MOCON VP Business Unit Controller and partner with other AMETEK International accounting leaders to ensure US GAAP and SOX compliance for the consolidated MOCON Business Unit.

EDUCATION AND EXPERIENCE

• Bachelor’s Degree in Accounting/Finance is required
• 6+ years of experience in general and/or plant accounting, including an understanding of forecasting, budgeting, costing, and inventory control
• Experience in a multisite manufacturing environment, preferably with global presence
• Proven ability to lead a financial team
• Demonstrated knowledge of technical accounting, including Revenue Recognition
• Exposure to and/or involvement with US GAAP financial reporting
  AMETEK, Inc. is a leading global provider of industrial technology solutions serving a diverse set of attractive niche markets with annual sales over $7.0 billion.
  AMETEK is committed to making a safer, sustainable, and more productive world a reality. We use differentiated technology solutions to solve our customers’ most complex challenges. We employ 21,000 colleagues, in 35 countries, that are grounded by our core values: Ethics and Integrity, Respect for the Individual, Inclusion, Teamwork, and Social Responsibility. AMETEK (NYSE:AME) is a component of the S&P 500. Visit www.ametek.com for more information.

• Partner with the DVP BU Manager/ MD and wider leadership team to deliver the KPIs and transform the business. Ensure financial statement accuracy and IT support across the locations of the Group, including the UK and Serbian facility, in accordance with AMETEK policies and procedures.
• Provide management with financial reports while adhering to month-end, quarter-end, and year-end closing calendars and processes. Deliver periodic forecasts and an annual budget by engaging appropriate department managers and staff members, and preparing necessary supporting documentation and justification in accordance with Corporate reporting formats and requirements.
• Make strategic recommendations via sound analyses to optimise revenue growth, improve working capital performance, and drive operating profit year over year.
• Prepare detailed analyses of financial performance, including sales and gross profit margin by customer and by sku; provide recommended actions for improvement; provide return on investment analyses on major projects, as required.
• Maintain effective internal control environment of all business unit operations and locations to ensure continued control and protection of its assets and an accurate reporting of its financial position.
• Work proactively and collaboratively with business unit functional leaders to solve problems and
• Advise on how business actions may affect the financials.
• Provide strategic and technical guidance to Alphasense Ltd in the preparation, consolidation and analysis of the business accounts; including the statutory accounts.
• Monitor payroll, accounts payable, accounts receivable, general accounting and cost accounting functions to ensure process controls are efficient and effective.
• Ensure proper financial and IT compliance across the organization, including internal controls (US Sarbanes Oxley 404 (SOX)); support all internal and external audit requirements, and perform testing and compliance as required.
• Implement new processes (e.g. Lean) and reporting where necessary to improve financial reporting procedures
• Act as primary financial interface between Alphasense Ltd and the Process & Analytical Instrument Division and Corporate. Provide regular and completely transparent updates to all stakeholders, including Divisional VP of Finance and the Corporate Finance team.
• Recruit, train, supervise, develop and lead finance department staff and conduct annual performance evaluations.