Director of Finance and Human Resources - 6+ Yrs Exp
For more than 50 years, MedGyn Products, Inc. has designed and manufactured medical devices and consumables dedicated to women's health. Our products are trusted by OB/GYN practices, hospitals and integrated health systems, and are distributed in more than 150 countries through direct sales and an established global distributor network.
Headquartered in Westmont, Illinois, MedGyn is a privately held company committed to sustained growth and to investing in the people, processes and systems that support it.
Position Summary
MedGyn is seeking an accomplished Finance Manager to lead the company's financial operations. Reporting to the Chief Executive Officer, the Finance Manager will oversee accounting, payroll, accounts receivable, accounts payable, budgeting, financial reporting and HR administration.
The ideal candidate is a process-oriented leader who brings structure and discipline to financial operations. This individual will establish and maintain the processes, controls and systems required to ensure accuracy, timeliness and scalability across the organization.
Key Responsibilities
Accounting Operations
- Oversee all accounting functions, including the general ledger, payroll, accounts receivable and accounts payable.
- Identify, investigate and resolve ledger discrepancies, and implement corrective process improvements.
- Manage a structured month-end close process with defined timelines, checklists and accountability.
Process, Controls and Systems
- Develop, standardize and document finance and HR procedures.
- Design and maintain internal controls, approval workflows and appropriate segregation of duties.
- Lead enhancements to the ERP and reporting systems, and automate manual processes where practical.
- Establish and monitor performance standards for billing, collections, payables and payroll.
Budgeting and Financial Planning
- Lead the annual budgeting and operating expense planning process in partnership with Domestic Sales, International, Marketing, Operations and Finance.
- Prepare rolling forecasts and maintain the company's long-range financial plan.
- Monitor performance against budget and provide variance analysis to senior leadership.
Cost Accounting and Sales Analytics
- Direct cost accounting in collaboration with Operations and Engineering, including time studies, to determine accurate product and supplier costs.
- Maintain standard costing, inventory valuation and product-line margin analysis.
- Evaluate U.S. pricing and develop competitive pricing benchmarks across product categories.
- Lead sales analytics and reporting by territory, product line, channel and key account.
Performance Management
- Define and manage key performance indicators across departments in partnership with department leaders.
- Produce a monthly KPI dashboard and ensure follow-through on corrective actions.
Human Resources Administration
- Manage the recruiting process, including job postings, candidate sourcing, interview coordination and offers.
- Oversee a consistent, company-wide onboarding program.
- Administer employee benefits programs, including annual renewals and open enrollment.
Leadership
- Lead, mentor and develop the accounting and HR staff, with clearly defined roles and accountability.
Qualifications
Required
- Bachelor's degree in Accounting, Finance or a related field.
- Minimum of 8 years of progressive accounting and financial operations experience, including at least 3 years in a supervisory role.
- Demonstrated success in developing and improving financial processes, controls and procedures.
- Experience in a manufacturing or distribution environment, including inventory and cost accounting.
- Thorough knowledge of GAAP, month-end close, payroll, accounts receivable and accounts payable.
- Advanced proficiency in Microsoft Excel and hands-on experience with ERP systems.
- Exceptional organizational skills, attention to detail and the ability to work effectively in a lean environment.
Preferred
- CPA, CMA or MBA.
- Experience in the medical device, healthcare or another regulated industry.
- Experience with international customers, distributors or multi-currency transactions.
- Experience implementing or upgrading ERP or business intelligence systems.
- Formal process improvement training, such as Lean or Six Sigma.
- Experience in recruiting, onboarding or benefits administration.
Job Type: Full-time
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Retirement plan
- Vision insurance
Experience:
- Accounting: 6 years (Required)
Ability to Commute:
- Westmont, IL 60559 (Required)
Ability to Relocate:
- Westmont, IL 60559: Relocate before starting work (Required)
Work Location: In person
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