• McWane Ductile - CFO

    Job Locations US-OH-Coshocton
    Posted Date 1 month ago(1 month ago)
    Requisition ID
    # of Openings
    Category (Portal Searching)
  • Overview

    McWane is an equal employment opportunity employer committed to providing equal employment opportunity in all employment practices. McWane will not discriminate against any applicant for employment because of their race, color, religion, sex, national origin, age, disability, veteran or service member status, marital status, citizenship status or any other category protected by federal, state or local law.



    The Chief Financial Officer (CFO) is a member of the divisions senior executive team leading all divisional accounting, divisional information technology and credit work across McWane Ductile businesses. The position reports directly to the Senior VP of McWane Ductile.   As the leader of the finance function, the CFO holds an executive position working directly with senior leadership including the SVP, Divisional VP – GM’s and VP Sales & Marketing.   


    In addition, the CFO will partner with the senior leadership to develop and implement strategies, monitor financial risk and report progress across the organization. The CFO will work with the McWane, Inc. Corporate staff to develop and implement policies and verify compliance with all corporate requirements. The individual must be an ethical leader, able to adapt and thrive in a decentralized, entrepreneurial environment.


    Essential Duties and Responsibilities include the following. Other duties may be assigned.  This position is a full time (minimum 40 hours per week) on-site position.



    • Develops, communicates and tracks financial plans, forecasts and proforma financial measures for business areas within the division.
    • Oversees working capital and cash flow – as well as investment, inventory and asset management to meet specific business objectives.
    • Develops and utilizes forward-looking, predictive models and activity-based financial analyses to provide insight into the organization’s operations and business plans.
    • Manages/enhances/ensures timely reporting of financial systems and tools used by the division in daily cost control and tracking for projects, both contractual and internal.
    • Develops, communicates and tracks progress against key performance indicators (KPIs) as well as strategic initiatives
    • Participates in strategy development as a member of the senior management team. Supports key strategic initiatives such as major capital investments, new product lines, etc.
    • Participates in attracting and developing key team members as the organization grows.


    Accounting and Administration

    • Directs the finance/accounting department to ensure proper maintenance of all accounting systems and function; supervise finance staff.
    • Directs all finance and accounting reporting matters, including: monthly/quarterly/annual closings; budgeting, forecasting, payroll/receiving supervision (A/P, A/R, P/R, etc.), revenue recognition, and cash management/treasury.
    • Ensures maintenance of appropriate internal controls and financial procedures.
    • Ensures timeliness, accuracy, and usefulness of financial and management reporting for the EVP; oversee the preparation and communication of regular financial statements to executive team.
    • Coordinates audits and ensures legal and regulatory compliance regarding all financial functions.
    • The McWane Corporate Office sets policy and manages certain aspects of the operations (cash, insurance, income taxes, etc).  Divisional leadership has input in developing the policies and is responsible for implementing and maintaining.

    Supervisory Responsibilities


    • Oversee accounting at five divisions, McWane Ductile – OH, McWane Ductile – NJ, McWane Ductile – UT, McWane Poles and Canada Pipe.
    • Supervise four Division Controllers, who also have reporting responsibility to their respective VP GM for their location.
    • Supervise Credit Manager and IT Manager at MD – Ohio.



    • Extensive experience in a senior financial-management role, partnering with executive staff, resulting in a track record of profitable growth (preferably in a manufacturing or industrial environment).
    • Knowledge of US GAAP, including compliance and reporting.      
    • SEC experience preferred.
    • Experience with treasury management including banking relationships.
    • Excellent written and oral communication skills, including ability to summarize and explain financial results and implications to those without financial backgrounds.
    • Demonstrates leadership ability, team management, and interpersonal skills.
    • Able to successfully solve operational as well as strategic challenges.
    • Excellent analytical and abstract reasoning skills, plus excellent organization skills.
    • Entrepreneurial way of thinking and commercially minded method of operation.
    • Experience working with information technology staff to manage/upgrade finance and accounting software packages a plus.

    Education and/or Experience

    • Bachelor’s degree required
    • Minimum five (5) years’ experience in senior finance leadership position, preferably in a manufacturing or industrial environment
    • Minimum ten (10) years of broad finance experience.
    • CPA, CMA and/or MBA is preferred.



    To perform the job successfully, an individual should demonstrate the following competencies:


    Problem Solving - Identifies and resolves problems in a timely manner; Gathers and analyzes information skillfully; Develops alternative solutions; Works well in group problem solving situations; Uses reason even when dealing with emotional topics.


    Project Management - Develops project plans; Coordinates projects; Communicates changes and progress; Completes projects on time and budget.


    Technical Skills - Assesses own strengths and weaknesses; Pursues training and development opportunities; Strives to continuously build knowledge and skills; Shares expertise with others.


    Interpersonal Skills - Focuses on solving conflict, not blaming; Listens to others without interrupting; Remains open to others' ideas and tries new things.


    Oral Communication - Speaks clearly and persuasively in positive or negative situations; Listens and gets clarification; Responds well to questions; Demonstrates group presentation skills; Participates in meetings.


    Written Communication - Writes clearly and informatively; Edits work for spelling and grammar; Varies writing style to meet needs; Presents numerical data effectively; Able to read and interpret written information.


    Quality Management - Looks for ways to improve and promote quality; Demonstrates accuracy and thoroughness.


    Cost Consciousness - Works within approved budget; Develops and implements cost saving measures; Contributes to profits and revenue; Conserves organizational resources.


    Organizational Support - Follows policies and procedures; Completes administrative tasks correctly and on time; Supports organization's goals and values including the McWane Way principles.


    Judgement - Displays willingness to make decisions; Exhibits sound and accurate judgment; Supports and explains reasoning for decisions; Includes appropriate people in decision-making process; Makes timely decisions.


    Planning/Organizing - Prioritizes and plans work activities; Uses time efficiently; Plans for additional resources; Sets goals and objectives; Develops realistic action plans.


    Professionalism - Approaches others in a tactful manner; Reacts well under pressure; Treats others with respect and consideration regardless of their status or position; Accepts responsibility for own actions; Follows through on commitments.


    Safety and Security - Observes safety and security procedures; Determines appropriate action beyond guidelines; Reports potentially unsafe conditions; Uses equipment and materials properly.


    Language Skills                                           

    Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and procedure manuals.  Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.


    Mathematical Skills                                                

    Ability to calculate figures and amounts such as proportions, percentages, area, circumference and volume. Ability to understand statistics.  Ability to apply concepts of basic algebra and geometry.


    Reasoning Ability                                                    

    Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.


    Computer Skills                                         

    Proficiency in Microsoft office products is required. Familiarity with Enterprise Resource Planning software (MAS 500 used in the operations) and a good understanding of standard cost systems and material resource planning processes.




    Physical Demands The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.


    While performing the duties of this job, the employee is regularly required to stand, walk, reach, bend, stoop, climb and sit. Use of hands and arms is required.  The employee is frequently required to talk or hear. Specific vision abilities required by this job include close vision, distance vision, color vision, and ability to adjust focus.


    Work Environment The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.


    While performing the duties of this job, the employee is generally works in an office environment.  In order to understand the operations and challenges and to implement process improvements, significant time will be spent in the manufacturing operation on an as needed basis.  In the manufacturing plants a person can be exposed to wet and/or humid conditions; moving mechanical parts; fumes or airborne particles; outside weather conditions; extreme heat and vibration. The noise level in the work environment is usually moderate.  Some travel is required.


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