Vice President, Finance

Vice President, Finance

Full Time + Benefits (Medical, Dental, Vision, 401k with Company Match, PTO)

Job Type: On-site

Salary Range: $200,000 - $250,000 DOE

Location: Valencia, CA

Fralock is an engineered solutions provider of specialty components and subassemblies using advanced materials for high reliability, severe environment, and technically challenging applications. We develop and manufacture custom integrated solutions. Established in 1967, we are a critical solutions provider to Fortune 500 corporations, government, and targeted OEMs in a variety of industries including Semiconductor Equipment Manufacturing, Medical and Life Science, Aerospace and Defense, Industrial, Electronics, and Energy. Fralock is headquartered in Valencia, CA with manufacturing locations located throughout Northern and Southern California.

VISION

To be recognized by our customers as a leading solutions provider of proprietary engineered advanced materials for high reliability, severe environment, and technically challenging applications.

MISSION

To create value, profitably grow, and share our success with all stakeholders.

CULTURE

• Respect – We treat others the way they want to be treated.


• Integrity – We practice a high standard of ethics in our business dealings with customers, suppliers, and employees.


• Responsiveness – We have a sense of urgency in responding to internal and external requests and work proactively to solve problems.


• Excellence/Competence – We empower our people to continuously improve and execute high quality work.


• Teamwork – We work together to achieve Fralock business objectives by communicating at a high level, by listening and having clarity in our expectations of one another.


• Individual Accountability and Personal Responsibility – We do what we have committed to do when we committed to doing it.


• Continuous Improvement across all segments of the company

This position requires access to information controlled under the International Traffic in Arms Regulations (ITAR) or the Export Administration Regulations (EAR), the successful candidate must be a "U.S. person" as defined in the ITAR and EAR (which generally means (i) be a citizen or national of the United States; or (ii) be a lawful permanent resident of the United States; or (iii) have been admitted to the United States as a refugee, or have been granted asylum, as specified under applicable law.

Main Functions

The FP&A Director will lead the Company’s business and financial analytics processes. This role will facilitate the company’s budgeting and planning process, drive the monthly management reporting and analysis, and lead special financial and business analysis projects. 

The FP & A Director will provide financial and strategic support to the Executive Leadership Team including participation in preparing board presentations, financial presentations, capital expenditure analysis, industry/peer group comparisons, new business opportunities, sales and segment reporting, and other projects requested by senior management. 

The FP&A Director identifies performance improvement opportunities in financial reporting and leads the effort to improve financial analysis tools.

Typical Duties

• Analyze current and past trends in key performance indicators including all areas of revenue, cost of sales, expenses, and capital expenditures.


• Monitor performance indicators, highlighting trends and analyzing causes of unexpected variance.


• Oversee and manage the continued development of planning and forecasting, including the use of software-based tools and related technology enhancements. 


• Ad-Hoc Reporting and Analysis.


• Preparation of Monthly Financial reports.


• Improve performance by evaluating processes to drive efficiencies.


• Develop financial models and analyses to support strategic initiatives.


• Analyze complex financial information and reports to provide accurate and timely financial recommendations to management for decision making purposes.


• Supporting Senior Management Team and Division Finance Leads with in-depth analysis.


• Prepare presentations for Board of Directors and Executive Management Team.

Required Skills

• Strong collaborative and problem-solving skills. 


• Experience in manufacturing environment. 


• Advanced Microsoft Excel and PowerPoint skills.


• Experience with EPM Tools and Business Intelligence solutions.


• Highest standards of accuracy and precision; highly organized.


• Articulate with excellent verbal and written communication skills.


• Ability to think creatively, highly driven, and self-motivated.


• Demonstrated ability to roll-up sleeves and work with team members in various departments and market segments.


• Experience using insightful analysis to drive improved business performance such as margin expansion, cost reduction, cash generation, etc. 


• Effectively multi-task while managing deadlines and competing priorities.


• Build a financial model complete with P&L, Balance Sheet and Cash Flow and applicable drivers.


• Understanding of Cash Flow modeling including financing implications and working capital drivers. 

Preferred Skills

• Experience in multi-entity consolidation accounting


• Experience with corporate acquisitions, sales, and due diligence


• Experience in working with Enterprise Performance Management solutions such as Planful, Anaplan, or Workday Adaptive Planning. 

Education Requirements

• Bachelor’s Degree in Accounting, Finance or related field


• MBA preferred

Experience Requirements

• 8+ years in FP&A

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of a position.

Fralock provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.