Senior Director, Finance (Division)

About Us:

Machine Solutions is the premier provider of advanced equipment and services for the medical device, biopharmaceutical, and blood- and plasma-collection industries. We support our customers’ needs and growth by delivering quality and value through a wide breadth of products. Machine Solutions provides proprietary mechanical solutions to a variety of complex process, testing and device design challenges. Our equipment has become the industry standard for stent crimping, balloon catheter pleating and folding, catheter braiding and medical device manufacturing applications. As a pioneer in radio frequency technology, the company has continued to develop advancing technology for thermal forming, molding and welding plastic for medical manufacturing, biopharmaceutical, and blood- and plasma-processing applications. Our experienced team of engineers has been instrumental in automating manual processes that enable our customers to increase production volumes and profit margins, and we believe in providing a superior customer experience by designating resources to a dedicated aftermarket team that is always ready to provide technical service and process support. Machine Solutions is privately owned by BW Forsyth Partners, a Barry-Wehmiller company.

 

BW Forsyth Partners is the investment arm of multibillion-dollar global manufacturing and engineering consulting firm Barry-Wehmiller. Established in 2009, BW Forsyth Partners blends Barry-Wehmiller’s unparalleled legacy of value creation and people-centric culture development with keen investing experience to help companies realize their true potential. With a focus limited to areas known well, BW Forsyth Partners seeks to partner with leadership teams to acquire small- to middle-market companies in the capital and component equipment, and professional services sectors. In each of our operating companies, BW Forsyth Partners deploys operational improvements and strategy development without compromising the autonomy, strategic vision and entrepreneurial spirit of their leadership teams.

 

Job Description:

The Chief Financial Officer (CFO) is a forward-looking executive leader responsible for stewarding the financial health of the organization while enabling growth, operational excellence, and strategic decision-making. Serving as a strategic partner to the CEO and Executive Leadership Team, the CFO provides insight into performance drivers, capital deployment, and value creation.

ESSENTIAL FUNCTIONS & RESPONSIBILITIES

• Oversee the analysis and evaluation of financial results, trends, fluctuations, and ratios that will drive higher levels of financial performance, improvement initiatives, and growth. Assist in analyzing the financial impact of major business decisions and operational issues affecting the organization. Tell the story behind the numbers; determine what is driving current business performance and what is likely to predict future performance.
• Own the annual budget, rolling forecasts, and multiyear financial plans; analyze trends and variances; and provide forward looking financial insights to support strategic decision making.
• Lead the annual external audit; ensure accurate, compliant financial statements; maintain strong internal controls; and serve as primary liaison with auditors
• Manage banking and lending relationships; oversee cash flow and liquidity; negotiate credit facilities and financing arrangements; and ensure sufficient capital to support operations and growth.
• Work collaboratively with the CEO and Executive leadership team to develop the strategic plan to advance the organization’s mission and business objectives.
• Support acquisition decisions through assessment of strategic alignment, assignment of resources, and analysis in targeting and diligence of prospects that leads to developing and executing a comprehensive acquisition and integration plan. Provide leadership of finance integration of acquired businesses, including implementation of processes and systems and accounting implications.
• Develop the budget and pull together the annual EVA plans throughout the platforms to identify and lead global investment decisions and performance improvement plans.  Develop and implement the Capital Structure and related financing requirements.
• Provide oversight of accounting, financial reporting and compliance. Steward financial reporting, accuracy and consistency, the development and maintenance of effective internal control systems.
• Responsible for tax, risk management, legal and related areas.
• Help prioritize and quarterback opportunities initiated by the collective team with quantified and verified financial objectives and returns. Lead teams and direct initiatives to optimize business processes, evaluate services, enhance usage of IT systems, leverage IT resources, and drive improved o