Director of Finance - FMS

Mission-Driven. Honor-Bound. Fairbanks Morse Defense. What’s your calling? For the men and women of Fairbanks Morse Defense it’s the rapid and effective support of the fleets that entrust us to design, develop, and deliver the best naval power technology on the planet. We’re one of the nation’s leading marine defense contractors because of the highly trained and dedicated teams that provide reliable power systems, parts, and aftermarket services to the U.S. Navy, Coast Guard, Military Sealift Command, and Canadian Coast Guard. When you join Fairbanks Morse Defense, you join a legacy of commitment that spans 150 years. Fairbanks Morse Defense offers competitive benefits with a wide range of training and development opportunities. Our world-class teams are dedicated to helping every individual achieve their full potential. Discover what it’s like to be a part of the Fairbanks Morse Defense team here: https://www.fairbanksmorsedefense.com/careers

Summary 

Job Location:  Beloit, WI; Houston, TX or Chesapeake, VA

The Director of Finance, FMS is a self-starter, analytical thinker, and problem-solver delivering insightful analysis to improve business performance.  This person will be responsible for preparing short and long-term financial plans, the monthly accounting close, monitoring and analyzing performance to budget, monthly forecasting, communicating results to management, and disseminating timely and relevant financial data to support decision-making.  

The Director of Finance is not only a financial expert but is also a business partner that supports Services leadership with all aspects of the business, including business plans, pricing, capital requests, and contract negotiations.  This person facilitates the attainment of the segment’s profitability, growth, and strategic goals by providing in-depth financial analysis to understand and explain business drivers. 

Principle Duties and Responsibilities

• Accumulate and report accurate and reliable information on the financial and operational performance of the segment.
• Provide in-depth financial analysis to understand and explain segment drivers. Analyze revenues and expenses and present results and recommendations for improvement.
• Develop and improve analytical and forecasting methodologies. Responsible for the financial planning model providing regular re-forecasts of plan using actuals, including capital planning.
• Active participation in influencing segment growth, direction, and strategic planning including development and evaluation of business cases for potential strategic initiatives.
• Work with segment leadership to develop and approve the financial portion of commercial proposals.  This includes developing anticipated costs, profit margins, and cash flows.  It also includes understanding the entire proposal to ensure both financial and business risks are understood and the price reflects the risks.
• Ensure that all transactions are recorded to the general ledger accurately and timely and the appropriate cut off is established for the accounting period.
• Support the entire segment in policy making and decisions aimed at increasing sales, enhancing productivity, and reducing cost.
• Develop finance team members by recruiting, training and coaching employees. Leads by example, providing finance staff with informal and formal feedback for employee development.
• Support the CAO and FMS President in financial matters including corporate reporting and operational reviews.
• Prepare monthly forecast for P&L, Balance Sheet, and Cash Flow
• Compile monthly Operating Report in support of quarter-over-quarter, year-over-year, and budget-to-actual analysis.
• Lead in a manner that supports FM’s values of velocity, teamwork, and integrity.
• Support external and internal audit.
• Maintain adequate internal controls over company assets and maintain written procedures to ensure adherence to management policies.

Qualifications and Educational Requirements

• Bachelor’s degree in Accounting or Finance required.
• MBA, CPA, or CMA preferred.
• Minimum of five years of experience in a management position in finance/accounting.
• Strong influencing skills with the ability to motivate and enlist cooperation within the organization.
• Expertise in Excel and PowerPoint.
• Must possess excellent communication skills - both written and oral.
• Previous successful leadership and supervisory experience required.
• Experience in Government Accounting standards and regulations is preferred.
• Proficiency in use of an ERP computer software package required, preferably Oracle.
• Travel up to 25%.
• This position requires access or potential access to Unclassified Naval Nuclear Propulsion Information, which is Not Releasable to Foreign Nationals (NOFORN) data. Therefore, to meet NOFORN requirement, you will have to provide proof of US Citizenship and attest that you do not have dual citizenship. Acceptable proof of US Citizenship is a US Passport, US Birth Certificate or Naturalization Certificate.

Fairbanks Morse Defense offers a competitive benefits package including but not limited to, medical, dental, vision, life, and disability insurances, and 401k retirement plan with employer match.  In addition, we offer paid time off, paid holidays, paid parental leave, and tuition reimbursement. 

Equal Opportunity Employer/Veterans/Disabled