Demant · 9 hours ago
Director, Finance Operations
Somerset, NJ
Full-time
Hybrid
Director/Executive
$180K/yr - $190K/yr
10+ years expDemant is a leader in the medical technology sector, seeking a Director of Finance Operations to oversee finance processes across North and South America. This role involves financial governance, budgeting, and collaboration with global partners to ensure operational excellence and compliance.
Health CareMedicalMedical Device
Responsibilities
Lead all regional finance operations for the Americas: month-end close, reporting, general ledger oversight, cash management, AR, AP, and credit
Develop a unified reporting framework that supports both regional needs and global consolidation
Maintain a strong internal control environment and ensure compliance with corporate policies, audit requirements, and local regulations
Own the annual budget cycle for the Americas and partner with global finance on multi-year planning
Lead rolling forecasts, scenario modelling, and variance analysis to support decision-making
Work with commercial, operations, and leadership teams to align financial plans with business objectives
Manage banking relationships and daily cash operations, including liquidity planning, cash forecasting, and intercompany settlements
Establish processes for treasury approvals, fund transfers, foreign currency considerations, and regional banking needs
Provide visibility into regional cash risk, working capital trends, and capital needs
Standardize processes across regions to improve accuracy, timeliness, and efficiency
Partner with global finance, IT, and business functions to design and implement new systems as Oticon Medical transitions off legacy platforms
Drive automation initiatives and implement KPIs for all major finance cycles
Oversee credit card programs, travel and expense processes, and regional insurance coordination
Serve as the primary finance partner to U.S., Canadian, and Latin American commercial teams
Coordinate with supply chain, customer service, and commercial leaders to improve billing, collections, inventory visibility, and revenue recognition accuracy
Work closely with global FP&A, Controlling, and Accounting teams to ensure consistency across markets
Lead or support integration efforts related to new corporate ownership, system migrations, and global transformation projects
Hosts the operations team (part of the global operations team) and is responsible for their daily management
Site leader in NJ headquarters
Build and develop a team camaraderie with a culture of accountability, continuous learning, and professional growth
Coach team members across regions to strengthen technical capabilities, business partnership skills, and cross-functional collaboration
Establish clear ownership, documented processes, and service standards across all finance operations
Qualification
Required
Bachelor's degree in Accounting, Finance, or related field; advanced degree or CPA strongly preferred
10+ years of progressive finance or accounting experience, including at least 5 years leading teams across multiple disciplines
Experience supporting multinational operations and working across time zones
Strong knowledge of financial reporting, forecasting, operational accounting, internal controls, and treasury
Demonstrated success in designing and improving finance processes, implementing systems, or rebuilding finance infrastructures
Ability to manage complexity, meet deadlines, and thrive in a fast-moving environment
High integrity, strong communication skills, and confidence working with executive leadership
Continuous improvement mindset and strong analytical problem-solving capabilities
Benefits
Medical, dental, prescription, and vision benefits
24/7 virtual medical care
Employee Assistance Program for you and your family
401(k) with company match
Company-paid life insurance
Supplemental insurance for yourself, your spouse/partner, and your children
Short-term and long-term disability insurance
Pre-tax Health Savings Account and Flexible Spending Accounts for Health Care or Dependent Care
Pet Insurance
Commuter accounts
Company
Demant
Demant is the only company in the world that covers all areas of hearing healthcare, from hearing devices and hearing implants.
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
$169.38MKey Investors
Nordic Investment BankEuropean Investment Bank
2023-03-29Post Ipo Debt· $54.58M
2022-11-04Post Ipo Debt· $114.8M
2002-06-28IPO
Leadership Team
René Schneider
Chief Financial Officer
H
Hans Demant
Founder
Recent News
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