Novanta Inc. · 2 months ago
Director of Finance Operations - Robotics & Automation
Novanta Inc. is a company that powers technology products transforming healthcare and advanced manufacturing. The Director of Finance Operations will provide financial, analytical, and decision support for the Robotics and Automation business unit, leading business analysis, forecasting, and planning processes.
Electrical & Electronic Manufacturing
Responsibilities
Lead the monthly & quarterly financial analysis process, which includes detailed analysis of the P&L and Balance Sheet to gain specific insights and make recommendations for business improvements
Develop and lead the monthly & quarterly financial forecasting and planning process to predict operating results, coordinate forecasting processes across the global business, define deliverables, and help drive better business outcomes
Coordinate with cross-functional leaders to support internal reporting & management discussion and analysis of the financial and operating performance
Lead annual budgeting processes including developing financial targets, key metrics, multi-year financial projections, and alignment of financial and operational objectives
Support and manage strategic development planning processes
Provide analysis of new business opportunities, customer pricing, new product development, manufacturing strategy, acquisitions modeling, and due diligence efforts
Proactively identify process improvements, cost efficiency initiatives, while helping to drive stronger ownership over the businesses' productivity programs to drive better financial outcomes
Ensure that the business is run in a cost effective, cash conscience manner, with an emphasis on maximizing economic returns on investments and cash on cash returns
Further advance initiatives to streamline and standardize financial processes across the organization, ensuring consistency and efficiency in operations
Develop and implement best practices for financial planning and analysis, including the creation of standardized templates and procedures
Collaborate with cross-functional teams to identify areas for process improvement and drive continuous improvement efforts
Oversee the development and maintenance of Power BI dashboards and reports to provide real-time insights into financial performance and key metrics
Ensure the accuracy and integrity of data used in Power BI reports, working closely with the IT and data teams to manage data sources and integrations
Assist in special projects as needed
Provide proactive financial guidance to functional leaders: Advise business and functional leaders on the financial impact of operational decisions, ensuring alignment with financial commitments and strategic objectives
Deliver clear reasoning for commercial decisions: Support and explain business decisions related to pricing, gross margin, and profitability, ensuring recommendations are grounded in robust financial analysis
Design and implement new reporting processes: Identify gaps in existing financial reporting and create new processes and reports to deliver actionable insights for business leaders
Champion problem-solving in low process maturity environments: Apply a structured problem-solving toolkit to navigate ambiguity and drive improvements in areas with limited established processes
Influence and support commercial change: Actively support and influence change initiatives within the commercial organization, driving results through effective collaboration and financial leadership
Collaborate on headcount and resource planning: Work closely with HR and business leaders to ensure open headcount and resource planning aligns with financial forecasts and business needs
Qualification
Required
BS degree in Finance or Accounting
10+ years progressive experience in financial planning and analysis; industrial manufacturing experience required
Demonstrated success in building finance functions, leading cross-functional teams, and driving operational excellence
Exceptional financial, analytical, and modeling skills
Proven management abilities in the areas of performance management, leadership influence and executive engagement
Demonstrated success in process improvement initiatives, including problem identification & mitigation
Advanced MS Excel required; Hyperion/HFM, and Oracle/SAP preferred
Self-starter with the demonstrated ability to work in a fast-paced unstructured atmosphere with minimal supervision
Strong business partnering and influencing skills: Demonstrated ability to guide and influence cross-functional leaders, especially in commercial and operational functions, to achieve financial and strategic goals
Advanced problem-solving capabilities: Proven experience applying structured problem-solving methodologies (e.g., Lean, Six Sigma, root cause analysis) in environments with low process maturity
Process creation and improvement: Track record of designing and implementing new financial processes and reporting tools from the ground up
Change management expertise: Adept at supporting and driving organizational change, particularly within commercial teams, to deliver measurable business results
Exceptional collaboration skills: Ability to work effectively across functions, including HR, operations, and commercial teams, to support headcount planning and resource allocation
Company
Novanta Inc.
Novanta is a leading global supplier of core technology solutions that give medical, life science, and advanced industrial original equipment manufacturers a competitive advantage.
H1B Sponsorship
Novanta Inc. has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (10)
2024 (7)
2023 (7)
2022 (9)
2021 (6)
2020 (6)
Funding
Current Stage
Late StageLeadership Team
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