Head of Finance

Coherent Corp.; Saxonburg (PA); Hybrid; USD 180,000 - 300,000; Full time

Job summary

Coherent Corp. in Saxonburg, PA seeks a seasoned Finance/Accounting executive to lead the global finance team and drive strategic financial direction.

You will oversee budgeting, forecasting, close processes, and performance metrics across BUs, ensuring GAAP compliance and strong internal controls. Responsibilities include evaluating ROI, managing ERP initiatives, and partnering with BU leaders and corporate to optimize cashflow, cost control, and profitability in a dynamic, matrix-driven

Qualifications

• Bachelor’s degree in Accounting or Finance or Economics.
• 20 years in management with progressive responsibility in high-tech finance.
• Experience with multi-BU, multi-product P&Ls, balance sheet oversight and cashflow.
• Superior knowledge of cost accounting and standard costing.
• Global mindset and matrix-organization experience.

Responsibilities

• Set and communicate financial objectives while leading a staff of Finance/Accounting professionals.
• Oversee annual budget, forecasts and weekly updates including revenue, cost, gross margin, operating expense, capex, inventory and cashflow.
• Ensure accuracy and integrity of the accounting close cycle for divisions, BU and BG reporting.
• Develop and implement performance metrics to optimize short-, medium- and long-term financial outcomes.
• Focus on profitable growth through financial modeling, ROI analyses and operating KPIs.
• Present business performance to executives to influence outcomes.
• Review and approve contracts for financial terms; monitor post contract performance.
• Collaborate with Corporate on technical accounting before quarter-end close.
• Coach team for recurring and ad-hoc analyses and ROI.
• Develop partnerships with BU leaders and corporate stakeholders.
• Maintain internal controls and GAAP/IAS compliance; support ERP implementation.

Skills

Leadership

Business Acumen

Global Mindset

Change Agent

Coaching

Strategic Direction

Results Oriented

Strategic Decision Making

Education

Bachelor’s Degree in Accounting/Finance/Economics

Job description

Job Description

• Establish and communicate financial objectives for the business while leading a staff of Finance/Accounting professionals to meet divisions, BUs, BG and corporate goals.
• Oversight of the annual budget, quarterly forecasts and weekly business updates, incorporating but not limited to: Revenue, Cost, Gross Margin, Operating Expense, Operating Income, Headcount, Capital, Inventory and Cashflow.
• Responsible for the accuracy and integrity of the accounting close cycle with respect to division, BU & BG’s reporting of revenue, cost, gross margin, operating expense, inventory, capex, etc.
• Develop and implement performance and operating metrics and utilizing data, experience, business acumen and leadership skills intended to optimize short-, medium- and long-term financial outcomes.
• Focus actions on profitable growth for BUs & BG, including but not limited to business financial modeling, investment & ROI analyses and operating KPIs monitoring.
• Regular interpretation and presentation of business performance to effectively convey and influence favorable outcomes across multiple levels within the organization, including the executive level.
• Review and approval of contracts with respect to accuracy, acceptable financial terms and conditions, proposing changes as warranted, approval/signature, execution, implementation and post contract performance monitoring.
• Encourage cross-collaboration with Corporate including pre-reviewing technical accounting issues before quarter end close.
• Coach team in order to effectively perform both recurring and ad-hoc analyses, measures functional performance, aids in decisions support and promotes positive ROI for the BG.
• Develop business partnerships with BU leaders, functional leaders, corporate counterparts and surrounding business stakeholders.
• Follow all internal controls, regulatory policies, procedures, privacy, security standards in accordance with government agencies, including but not limited to GAAP, IAS and ensures that the company’s financial position remains legal at all times.
• Supports new ERP implementation.

Primary Duties & Responsibilities

• Establish and communicate financial objectives for the business while leading a staff of Finance/Accounting professionals to meet divisions, BUs, BG and corporate goals.
• Oversight of the annual budget, quarterly forecasts and weekly business updates, incorporating but not limited to: Revenue, Cost, Gross Margin, Operating Expense, Operating Income, Headcount, Capital, Inventory and Cashflow.
• Responsible for the accuracy and integrity of the accounting close cycle with respect to division, BU & BG’s reporting of revenue, cost, gross margin, operating expense, inventory, capex, etc.
• Develop and implement performance and operating metrics and utilizing data, experience, business acumen and leadership skills intended to optimize short-, medium- and long-term financial outcomes.
• Focus actions on profitable growth for BUs & BG, including but not limited to business financial modeling, investment & ROI analyses and operating KPIs monitoring.
• Regular interpretation and presentation of business performance to effectively convey and influence favorable outcomes across multiple levels within the organization, including the executive level.
• Review and approval of contracts with respect to accuracy, acceptable financial terms and conditions, proposing changes as warranted, approval/signature, execution, implementation and post contract performance monitoring.
• Encourage cross-collaboration with Corporate including pre-reviewing technical accounting issues before quarter end close.
• Coach team in order to effectively perform both recurring and ad-hoc analyses, measures functional performance, aids in decisions support and promotes positive ROI for the BG.
• Develop business partnerships with BU leaders, functional leaders, corporate counterparts and surrounding business stakeholders.
• Follow all internal controls, regulatory policies, procedures, privacy, security standards in accordance with government agencies, including but not limited to GAAP, IAS and ensures that the company’s financial position remains legal at all times.
• Supports new ERP implementation.

Supervisory Responsibilities

• Manage geographically dispersed team of 10 individuals through direct reports.
• Motivate, mentor and grow a successful global team of professionals.
• Promote a philosophy of Continuous Improvement and Speed and Agility while maintaining a culture of accountability, including the construction of clear employee and organizational objectives, regular follow-up and developing team members in support of CFO Organization objectives.
• Conduct accurate and timely assessment of subordinates through provision of regular performance feedback and annual reviews.

Education & Experience

• Bachelor’s Degree in Accounting and/or Finance, Economics with proven experience operating as a Finance/Accounting Executive, including multiple Controllerships or Directorships, involving a career path clearly demonstrating positions of progressive responsibility.
• Experience clearly demonstrates candidate’s direct involvement with respect to establishing financial direction for a self-contained BU, division, unit or comparable organization, with specific experience involving multi-BU, multi-product P&Ls, Balance Sheet oversight and Cashflow management.
• Minimum of 20 years in management preferably in a high-tech environment with experience in financial and cost accounting, intercompany transactions, logistics/supply chain, sales and SOX compliance.
• Superior knowledge of cost accounting and standard costing systems
• Global mindset, function and influence in a matrix organization, team player

Skills

• Building Organizational Talent;
• Business Acumen and Global Mindset;
• Change Agent;
• Coaching and Teaching;
• Customer Driven;
• Establishing Strategic Direction;
• Leadership;
• Professional and Technical Knowledge and Skills;
• Results Oriented;
• Strategic Decision Making

Working Conditions

• Fast-paced, dynamic, and geographically diverse environment
• Frequent collaboration with executives and global teams
• High accountability, deadlines, and financial reporting requirements

Physical Requirements

• Onsite / Hybrid work
• Office based work

Safety Requirements

All employees are required to follow the site EHS procedures and Coherent Corp. Corporate EHS standards.

Quality And Environmental Responsibilities

Depending on location, this position may be responsible for the execution and maintenance of the ISO 9000, 9001, 14001 and/or other applicable standards that may apply to the relevant roles and responsibilities within the Quality Management System and Environmental Management System.

Culture Commitment

• Integrity – Create an Environment of Trust
• Collaboration – Innovate Through the Sharing of Ideas
• Accountability – Own the Process and the Outcome
• Respect – Recognize the Value in Everyone
• Enthusiasm – Find a Sense of Purpose in Work

About Us

Coherent is a global leader in lasers, engineered materials and networking components. We are a vertically integrated manufacturing company that develops innovative products for diversified applications in the industrial, optical communications, military, life sciences, semiconductor equipment, and consumer markets. Coherent provides a comprehensive career development platform within an environment that challenges employees to perform at their best, while rewarding excellence and hard-work through a competitive compensation program. It's an exciting opportunity to work for a company that offers stability, longevity and growth. Come Join Us!

Coherent Corp. is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law.

If you need assistance or an accommodation due to a disability, you may contact us at [e-mail].