Director of Finance



Accounting & Finance
Mukilteo, WA, USA
Posted on Tuesday, February 28, 2023

Build a career powered by innovations that matter! At Novanta, our innovations power technology products that are transforming healthcare and advanced manufacturing—improving productivity, enhancing people’s lives and redefining what’s possible. We create for our global customers engineered components and sub-systems that deliver extreme precision and performance for a range of mission-critical applications—from minimally invasive surgery to robotics to 3D metal printing.

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Job Summary

The role is responsible for providing financial, analytical, and decision support for the Synrad business unit within Novanta’s Precision Medicine and Manufacturing business segment. This finance role reports directly to the General Manager and VP of Finance of the AET business group. This is a “business partner” role, in which the individual is expected to lead the business analysis, forecasting, and planning processes, and also partners with the team to make better business decisions through provided insights and information. The candidate must be a “hand’s on” leader who enjoys challenges and thrives in a demanding environment.

Primary Responsibilities

  • Lead budgeting and reporting processes including developing financial targets, key metrics, multi-year financial projections and alignment of financial and operational objectives
  • Facilitate data-driven decision making, across all functions and leaders
  • Develop and lead the monthly & quarterly financial forecasting and planning process to predict operating results, coordinate forecasting processes across the global business, define deliverables, and help drive better business outcomes.
  • Provide analysis of new business opportunities, customer pricing, new product development, acquisitions modeling and due diligence efforts, buy vs. build, etc.
  • Coordinate with accounting and operations teams to support internal reporting & management discussion and analysis of the financial and operating performance
  • Lead the monthly and quarterly financial analysis process which includes detailed analysis of the P&L and Balance Sheet to gain specific insights and make recommendations for business improvements.
  • Proactively identify process improvements, cost efficiency initiatives, while helping to drive stronger ownership over the businesses productivity programs to drive better financial outcomes
  • Ensuring that the business is run in a cost effective, cash conscience manner, with an emphasis on maximizing economic returns on investments and cash on cash returns.
  • Support and manage the strategic development planning processes
  • Assist in special projects as needed.

Required Experience, Education, Skills and Competencies

  • BS degree in Finance or Accounting
  • 8-15 years progressive experience in financial planning and analysis; industrial manufacturing experience required
  • Exceptional financial, analytical, and modeling skills
  • Proven management abilities in the areas of performance management, leadership influence and executive engagement
  • Ability to handle multiple tasks concurrently, hand’s on individual contributor
  • Advanced MS Excel required; Hyperion/HFM, and Oracle/SAP preferred
  • Demonstrated success in process improvement initiatives, including problem identification & mitigation
  • Excellent written, verbal, analytical skills; strong interpersonal skills
  • Self-starter with the demonstrated ability to work in a fast-paced unstructured atmosphere with minimal supervision

Travel Requirements

  • Occasional travel is required to Novanta global locations.

Physical Requirements

  • None

Compensation and Benefits

  • The base pay for this position ranges from $170,674 up to $220,000 depending on the geographic market.
  • Dependent on the position offered, annual bonusses and other forms of compensation may be provided as part of the compensation package.
  • Novanta supports all aspects of your life’s needs. This position provides a full range of medical, financial, and other benefits to make your quality of life better

Novanta is proud to be an equal employment opportunity and affirmative action workplace. We consider all qualified applicants without regard to race, color, religion, sex (including pregnancy), sexual orientation, gender identity or expression, national origin, military and veteran status, disability, genetics, or any other category protected by federal law or Novanta policy.

Please call +1 781-266-5700 if you need a disability accommodation for any part of the employment process.