Vice President & Chief Financial Officer

Dover Precision Components (DPC) delivers performance-critical solutions for rotating and reciprocating machinery across a broad range of end-markets the oil & gas, power generation, navy/military, marine, industrial, chemical, and general processing markets. DPC’s Waukesha Bearings, Bearings Plus, Inpro/Seal and Cook Compression brands hold globally market-leading positions, our portfolio includes hydrodynamic bearings, active magnetic bearings, system and bearing protection, and reciprocating compressor components, each custom-engineered to provide optimum efficiency, reliability and productivity and backed by comprehensive aftermarket services.

Our mission is to deliver customer success, through collaborative relationships, expert engineering, and innovative thinking. DPC creates peak performance and peace of mind for equipment manufacturers and operators around the globe. DPC is part of the Pumps and Process Solutions segment of Dover Corp. For more information, please see www.doverprecision.com. 

Summary:

The Vice President and Chief Financial Officer (VP & CFO) is a key voice in developing and executing current and long-range financial and business strategies, both organic and inorganic. Additionally, the CFO will collaborate with Finance and other functional teams across the Pumps & Process Solutions segment and Dover enterprise, providing financial guidance and insight and ensuring fiscal responsibility and financial controls. The role is also responsible for managing the IT team and infrastructure for the business as well as leading Compliance and Ethics.

Responsibilities:

VP/CFO

• Apply best-in-class financial performance management practices including budgeting, forecasting, reporting, to drive top- and bottom-line performance and continuous improvement
• Interpret the financial performance of DPC’s businesses and regions by measuring and analyzing results, and initiating corrective actions
• Oversee all accounting and reporting systems, ensuring compliance with all appropriate Dover and government agency policies, accounting rules and regulatory requirement
• Evaluate and advise on the impact of long-range planning, introduction of new programs/ strategies and regulatory actions
• Manufacturing business acumen with a record of increasing margins (pricing, cost controls) and assisting with challenging operational decisions (sourcing, make versus buy) on a global scale
• Oversee all accounting and reporting systems, ensuring compliance with all appropriate Dover and government agency policies, accounting rules and regulatory requirement
• Manufacturing business acumen with a record of increasing margins (pricing, cost controls) and assisting with challenging operational decisions (sourcing, make versus buy) on a global scale

Strategy, Merger & Acquisition

• Partner with DPC’s President and leadership team to develop and implement strategic planning and continue to capitalize on new business and market opportunities
• Manage execution of DPC strategic projects and Dover enterprise-wide initiatives
• Involvement with strategic transactions (M&A and related activities) along with business integration experience
• Lead financial evaluation processes of M&A projects in close collaboration with Dover Corporate functions and DPC teams

Leadership

• Effectively lead and develop a high-performing global finance organization; mentor and develop the team in regards to talent management, training, problem resolution, performance evaluation and enabling of effective teamwork
• Provide vision and leadership to continuously improve the long and short-range information system plans to support business objectives and key initiatives for DPC
• Establish healthy relationships with global DPC and Dover stakeholders
• Lead and coach the team in the areas of financial management, analysis, budgeting, planning, reporting and maintaining internal controls. Ensure effectiveness of cash and treasury matters, A/P, A/R, etc.
• Be a thought leader and make meaningful contributions to shape strategic thinking and directions

Compliance

• Experience managing trade compliance, including experience with DDTC requirements for export licensing, export controls, and ITAR programs
• Legal knowledge is helpful; must be comfortable dealing with contracts; and importantly, the ability to work astutely in commercial areas, including contracts, pricing, bids and quoting are all key to success in this role

Information Technology

• Experience with ERP systems and leadership of IT functions is desired
   

Minimum required qualifications:

• Bachelor’s Degree in Accounting or Finance; Master’s degree and/or CPA preferred
• Demonstrated success in a complex, global manufacturing environment 
   

The ideal candidate possesses the following experience, skills, and abilities:

• At least 10 years of progressive growth in Finance, with at least 5 years in leadership roles

• At least 2 years in a CFO or equivalent role preferred
• Strong accounting acumen including a proven track record of working effectively with the external audit firm(s); Working knowledge with statutory and management reporting, along with acquaintance of Sarbanes-Oxley and internal controls is required; and strong internal controls knowledge and proven ability to establish and maintain strong internal control environments
• Demonstrated success in leading and developing a high-energy, high-quality finance, IT and Compliance team
• International experience and sophistication is required; able and willing to accommodate an international travel schedule
• Leadership role, in a similar business model and proven history of working with highly engineered products, capital equipment and similar industries is strongly preferred
   

The ideal candidate will also poses the following behaviors and qualities:

• Being a good listener with excellent verbal and written communication skills, along with sharp analytical skills and high energy with ability to shift between strategy and tactics; willing and able to “roll up his/her sleeves” as an individual contributor while providing strong leadership
• Externally focused; strong customer (internal and external customers) orientation.  Sound decision making with a proven track record of success; and organizationally astute; knows how to utilize effectively the resources of a complex corporate structure without losing an orientation towards action and acts with a sense of urgency
• Collaborative, entrepreneurially spirited, winning focused and driven while maintaining the highest integrity when driving for results; you’ll have a mix of a dynamic intellectual horsepower, humility and emotional intelligence combined
• Proven ability to anticipate and understand business needs and provide guidance up, down and across the organization
• Strong Business Acumen and Sound Judgment: Uses instinct as well as data to accurately assess business situations and industry trends; makes timely decisions and implements appropriate plans while living the Dover Values
• Strategic Mindset: Has understanding of global industry or market; creates breakthrough strategies that alter the competitive dynamics in a market and establishes a series of competitive advantages yielding profitability that exceeds expectations for the organization
• Results-Driven: Produces results that exceed Dover’s strategic objectives via a combination of planning and implementation, while living the Dover Values
• Customer Impact: Creates value for customers addressing known and unknown needs

#LI-TM1 

 *Note: This Job Description in no way states or implies that these are the only duties to be performed by the employee occupying this position. Employees will be required to follow any other job-related instructions and to perform any other job-related duties requested by the Supervisor. All requirements are subject to change and updates. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process, please let us know.  Likewise, if you are limited in the ability to access or use this online application process and need an alternative method for applying, we will determine an alternate way for you to apply.  Please contact Clarisa Talley at ctalley@doverprecision.com for assistance with an accommodation.