Finance Director

Posting Locations

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

Responsibilities

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)

• 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.

Qualifications

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‑ and 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 (Salary to be determined by education, experience, knowledge, skills, and abilities of the applicant, as well as internal and external equity)

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.