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Director of Finance

Location: 

Cleveland, OH, US, 44115

Company:  1100-Applied Industrial Technologies

The Director of Finance for the Applied Fluid Power business will partner with management to provide leadership and effective coordination of the businesses’ budgeting, forecasting and analysis, highlighting and responding to opportunities to improve the financial performance of the business.  Additionally the incumbent will interface with site Controllers and Applied Corporate staff to ensure uniformity of accounting procedures, accuracy of monthly results and maintenance of appropriate financial and internal controls.   The successful candidate will have demonstrated skills in leveraging financial systems, organization design and process improvement to drive efficiencies and enhancements in delivering position responsibilities. 
 

Primary Responsibilities

  • Enhance and direct forecasting, budgeting and financial analysis activities for the business
  • Develop standard work tools, reporting and benchmarking to monitor and improve Fluid Power subsidiary financial and operating performance
  • Oversee all accounting and financial reporting for the business assuring accuracy in monthly financial reporting
  • Effectively interface with Applied Corporate Accounting, Financial Planning & Analysis, Tax, Treasury and Internal Audit staff ensuring that all accounting, reporting, planning, tax and treasury requirements and initiatives are supported
  • Coordinate on subsidiary internal and external financial audits and partner to develop, implement and sustain procedural improvements
  • Ensure compliance with local, state, and federal accounting, filing and compliance requirements
  • Conduct on-going review of Fluid Power Finance organizational structure and implement / lead change management efforts in order to effectively meet financial requirements and partner with the businesses leaders to deliver financial results
  • Liaise with operational leaders to prepare supporting financial analysis for contract negotiations and product investment decisions
  • Lead Fluid Power business diligence, integration planning, on-boarding and integration activities for acquisitions contemplated by the business interfacing with Applied Corporate support staff as necessary. 

     

    Position Requirements

     

  • Degree in in Finance, Accounting or Business, ideally a Masters Degree, with strong Accounting and Financial Planning and Reporting experience
  • Ten (10) plus years of experience in a mid to senior level finance or accounting position
  • Knowledge of finance, accounting, budgeting, and cost control principles including Generally Accepted Accounting Principles (GAAP)
  • Working knowledge of ERP and financial and accounting reporting systems, SAP BPC, Profit 21 and/or INFOR SXe a plus. 
  • Working knowledge of state and local financial / tax regulations
  • Ability to analyze financial data and prepare financial reports, statements and projections effectively summarizing and succinctly communicating financial results and improvement priorities and actions
  • Ability to motivate teams to produce quality materials within tight timeframes and simultaneously manage several projects
  • Demonstrated change agent skills. 

     

Applied Industrial Technologies (NYSE: AIT)  is a leading industrial distributor that offers more than 6.5 million parts to serve the needs of MRO and OEM customers in virtually every industry. In addition, Applied® provides engineering, design and systems integration for industrial and fluid power applications, as well as customized mechanical, fabricated rubber and fluid power shop services. Applied also offers storeroom services and inventory management solutions that provide added value to our customers.

 

We are an equal employment opportunity employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, gender, sexual orientation, age, disability, protected veteran status, marital status, medical condition or any other characteristic protected by law.

 

If you need accommodation for any part of the employment process because of a disability, please send an email to hiring@applied.com or call 216-426-4389 to let us know the nature of your request.


Nearest Major Market: Cleveland

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