Finance Director

Pay or shift range: $175,000 USD to $200,000 USD. The estimated range is the budgeted amount for this position. Final offers are based on various factors, including skill set, experience, location, qualifications and other job-related reasons.

Finance Director

The Forged and Machined Products Group (FMP) is a business group within Park-Ohio Holdings Corporation
. FMP is made up of three companies specializing in forging, machining, and engineered solutions. Our businesses, located in Canton, Ohio;
Erie, Pennsylvania; and Newport, Arkansas
, manufacture precision components for the numerous industries including automotive, aerospace, defense, oil and gas, and railcar industries.

In addition to producing forged and machined parts, FMP engineers and installs mechanical forging and forming presses, while supporting the large installed base with spare parts and refurbishment services. Across all sites, we are committed to safety, quality, and innovation
, and our people are at the heart of everything we do. Joining our team means building a career where your skills have impact, your ideas are valued, and your work drives real-world results.

The Finance Director is responsible for leading the financial operations of the Forged & Machined Products group including accounting, financial reporting, compliance and audit support, cash management, accounts receivable, accounts payable, and payroll. This role ensures the integrity of financial information, compliance with company policies, and alignment of financial reporting with organizational goals and strategic objectives. The successful candidate will drive process improvements across the finance department to provide timely, and accurate, financial insights to enable effective decision-making.

• Oversee all accounting operations, including general ledger, reconciliations, and monthly close processes
• Ensure accurate and timely preparation of financial statements in accordance with US GAAP
• Develop and maintain internal financial controls and accounting policies
• Present financial results to FMP Leadership

• Ensure compliance with company policies and financial regulations
• Support information required by Park Ohio Internal Audit and Tax Departments
• Establish, monitor, and enhance internal control systems to safeguard assets and ensure financial integrity
• Implement corrective actions in response to audit findings

• Oversee short and long-term cash flow forecasting
• Partner with Corporate Treasury for financing arrangements

• Monitor aging reports and implement strategies to improve collections cycles and payment efficiency
  
  Streamline and automate processes to improve department effectiveness

• Oversee payroll processing to ensure accuracy and timeliness
• Implement process improvements and automation
• Lead, mentor, and develop finance and accounting staff
• Contribute to strategic planning and budgeting processes, partnering with FMP FP&A Manager
• Drive continuous improvement in financial systems and processes

• Bachelor’s degree in Accounting or Finance
• 8 or more years of progressive experience in a manufacturing environment.

• CPA
• Experience with POC Accounting

• * Other duties as assigned. *

This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.