Finance Director

Finance Director

Location: Champaign, IL

Job Id: 3589

# of Openings: 1

Posting Locations

Champaign, Lisle, Normal, Peoria, Springfield, IL; Dallas, TX; St. Louis, MO; Waukee, IA

What You’ll Do

Mergers & Acquisitions (M&A)

• Lead financial due diligence for potential acquisitions and strategic partnerships/joint ventures.
• Develop and maintain financial models to evaluate enterprise valuations, deal structures, valuations, synergies, and return on investment.
• Coordinate with legal counsel and internal constituents throughout the transaction lifecycle.
• Prepare executive-level M&A memos, deal summaries, and board presentation materials.
• Support post-close integration activities including financial systems consolidation and reporting alignment.

Financial Planning & Analysis (FP&A)

• Budgeting & Financial Planning
• Own and manage the annual enterprise-wide budgeting process in collaboration with department and business unit leaders.
• Develop multi-year financial plans aligned with organizational strategy and capital allocation priorities.
• Establish budgeting timelines, templates, and governance processes to ensure consistency and accuracy.
• Monitor budget-to-actual performance and proactively communicate variances and recommended actions to leadership.

Planning & Analysis (FP&A)

• Lead the FP&A function, delivering monthly, quarterly, and annual financial reporting packages to senior leaders / group leaders.
• Develop rolling forecasts and scenario analyses to support strategic decision-making.
• Provide analytical support for major capital investments, pricing decisions, and new business opportunities.
• Design and maintain KPI dashboards and financial metrics that align with operational and strategic objectives.

Variance Analysis & Management Reporting

• Conduct detailed variance analyses comparing actuals to budget, forecast, and prior-period results.
• Identify root causes of financial variances and present findings with actionable recommendations.
• Prepare monthly management reporting packages including executive summaries, trend analyses, and commentary.
• Support department leaders in understanding financial results and driving corrective actions where needed.

Cash Flow Modeling & Treasury

• Build and maintain dynamic cash flow models to project short- and long-term liquidity needs.
• Monitor daily cash positioning and optimize working capital across the organization.
• Partner with banking relationships to manage S‑T investments, marketable securities, credit facilities, shareholder distributions, and investment activity.
• Partner with Senior Controller on cash flow forecasting processes that integrate accounts receivable, accounts payable, and payroll cycles.

Captive Insurance & Risk Management

• Serve as the primary financial liaison for the organization’s captive insurance program.
• Oversee captive financial reporting, premium allocations, loss reserve reviews, and regulatory filings.
• Coordinate with captive managers, actuaries, and legal counsel on program structure, compliance, and renewals.
• Analyze captive performance metrics and provide strategic recommendations to optimize deductibles, coverage limits, and policy effectiveness.

Real Estate Lease Management

• Manage the financial aspects of the organization’s real estate portfolio including lease accounting under ASC 842.
• Review, analyze, and model financial implications of new leases, renewals, terminations, and amendments.
• Partner with facilities and operations on real estate strategy, occupancy cost analysis, furniture expenditures, and space optimization.

Capital Expenditures (CapEx)

• Develop and manage the annual capital expenditure budget in coordination with department leaders and operations.
• Establish and maintain a CapEx approval framework, including project justification, prioritization, and authorizations.
• Build and maintain CapEx models to evaluate ROI, payback periods, and NPV for proposed investments.
• Track and report on CapEx spending versus approved budgets and provide variance analyses.
• Support long‑range planning cycles for equipment replacement, fleet vehicles, and office upgrades.

Financial Memos & Executive Communications

• Draft and review financial memos, education sessions, and board materials with clarity and precision.
• Translate complex financial data into concise narratives tailored to executive audiences.
• Prepare investment committee materials, and strategic analysis documents as needed.

What You’ll Need

Education

• Bachelor’s degree in finance, Accounting, Economics, or a business‑related field required.
• Master of Business Administration (MBA) is an alternative option to a bachelor’s degree in business.

Experience

• Minimum of 10 years of progressive finance experience, with at least 3–5 years in a senior finance leadership role.
• Demonstrated experience leading M&A financial due diligence and integration efforts.
• Proven track record managing FP&A, budgeting, and cash flow modeling for a mid‑size organization ($100M–$500M in annual sales).
• Experience with captive insurance program preferred.
• Familiarity with commercial real estate leases.
• 3–5 years of Treasury and Portfolio management experience.

Technical Skills

• Advanced proficiency in Microsoft Excel, including complex financial modeling and data analysis.
• Experience with ERP systems (e.g., Deltek Vantagepoint, Oracle, SAP, NetSuite, Infor, MS Dynamics) and financial reporting platforms.
• Proficiency in Microsoft 365 suite including Word, PowerPoint, and SharePoint.
• Experience with business intelligence and data visualization tools a plus.

Benefits

• 401(k) with 100% Company Match up to 5%
• Medical/Dental/Vision Insurance Plans
• Flexible Spending and Health Savings Accounts
• Short & Long-Term Disability
• Maternity and Paternity Leave
• Professional Development and Training
• Mentoring Program
• Paid Time Off
• Wellness/Fitness Reimbursements
• Pet Insurance Plan
• Hybrid Work Program

Salary Range: $175,000 - $215,000

Statement on Diversity and Inclusion: Farnsworth Group is a collection of employees with unique backgrounds and perspectives that all come together to make us a better Company. It is our goal to recruit, hire, develop, retain, and promote a diverse group of people. Join us…and let’s make a difference, together.

Farnsworth Group, Inc. is proud to be a M/F Disabled and Veteran EEO/AA employer.