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Director of Finance

Company: Hamm, Inc.
Location: Lawrence
Posted on: November 6, 2019

Job Description:

Position: Director of Finance Kansas Operations (supporting two operating companies of Summit Materials, Inc. NYSE: SUM)
Cornejo & Sons, LLC ("Cornejo") and Hamm, Inc. ("Hamm") are leading aggregate suppliers and highway construction companies in the Kansas division of Summit Materials "Summit." With combined revenues of $300 million and over 1,100 employees, the two companies operate multiple sites selling aggregates, concrete, asphalt, construction and paving services, and landfill services through Kansas. Headquartered in Wichita, Kansas, Cornejo was founded in 1952. Hamm was established in 1954 and maintains its headquarters in Perry, KS.
Cornejo and Hamm are part of the East Segment within Summit Materials, a NYSE-listed leading vertically integrated heavy building and construction materials company in the aggregates, cement, concrete, asphalt and asphalt paving businesses. With approximately $2.0 billion in revenue, Summit operates in 23 U.S. states and western Canada. Founded in 2008 by CEO Tom Hill, since 2009, Summit has completed more than 70 acquisitions focused around twelve operating platforms and continues to pursue growth opportunities in new and existing markets.
More information about Cornejo, Hamm, and Summit Materials can be found at , and , respectively.
Position Summary
Based in Perry, KS, the Director of Finance will be responsible for the finance functions within Cornejo and Hamm. This is a key role in the company with an emphasis on being a business partner to the Kansas Operations President and the Presidents of Cornejo and Hamm. This includes developing and tracking the performance indicators which prompt the management teams to take timely action on the key levers of performance improvement and evaluating opportunities to grow the Kansas businesses. The Director of Finance is also responsible for all aspects of accounting, including acquisition integrations, management reporting, and adherence to U.S. GAAP, SOX, and other internal controls, as well as upstream reporting and communications to Summit. Key Relationships
Reports to: East Segment CFO (primary) Kansas Operations President (secondary)
Other key relationships: Cornejo and Hamm Presidents, Line of Business VPs, Director of Human Resources & Safety Summit Finance Group (SFG) in Wichita, KS where financial reporting functions are processed and reports generated.
Specific Responsibilities

  • Ensure that effective internal controls are in place and ensure compliance with U.S. GAAP, SOX and other regulatory laws and rules for financial reporting.
    • Develop and monitor reporting and metrics which enable management to focus on economic drivers, adjust tactics and improve results across all locations of the business.
      • Oversee cash flow planning with a strong emphasis on optimizing working capital.
        • Own the capital expenditure plans, ensuring that the capital is invested wisely and that the business cases are properly made. Complete post audit reviews in accordance with corporate policy.
          • Review and coordinate accounting of construction and paving departments, ensuring proper job cost reporting, revenue recognition and WIP analysis.
            • Oversee short-term and strategic planning and budgeting which is in alignment with the overall objectives of Cornejo, Hamm and Summit.
              • Strategically partner with the Kansas Operations President, Company Presidents, and senior management teams to enhance financial performance and business opportunities.
                • Provide strategic, financial and analytical support to the Kanas Operations President on M&A opportunities.
                  • Establish consistent financial reporting and forecasting among Kansas companies.
                    • Spearhead the finance integrations of acquisitions within Cornejo and Hamm in coordination with SFG.
                      First 12 Months Focus & Deliverables
                      -- Provide meaningful analysis and reporting to the Kansas executive teams and their reports, as well as to Summit management.
                      • Partner with the Kansas executive teams to develop and challenge the strategic direction of the business, including the 3-year plan.
                        • Identify opportunities to drive operational excellence, improve the financial acumen of operations, and eliminate waste in processing and reporting.
                          • Ensure complete financial analysis and integration of acquisitions, meeting all reporting deadlines.
                            Candidate Specification: Key Selection Criteria Ideal Experience
                            The ideal candidate will be an accomplished financial executive with superior leadership skills, unquestionable integrity, a positive reputation and demonstrated success serving as a finance leader within an organization of similar size and complexity.
                            The successful candidate will ideally possess:
                            -- Prior industry experience in the Manufacturing/Industrial sector.
                            -- 8+ years of finance leadership experience with increasing levels of responsibility, preferably held a financial leadership role in an autonomous business for at least five years.
                            • Experience in job cost or manufacturing ERP and direct exposure to Viewpoint or Hyperion software.
                              • Experience with M&A due diligence procedures and acquisition integration.
                                • Candidate credentials will include an undergraduate degree or international equivalent of a four-year college degree in accounting, finance, or other related discipline. A CPA is desirable. An MBA or other advanced degree will be given preferred consideration.
                                  • Proven ability to manage in a geographically diverse business, with ability to travel (30% or less.)
                                    Critical Competencies for Success
                                    -- Finance Expertise/Business Partnership: The Director of Finance should be well-grounded in all aspects of the financial function, including accounting/controllership, cash management, FP&A, GAAP reporting, and information systems. S/he will have superior finance acumen, serving as a business partner to the Kansas Operations President and broader organization by providing value-adding analytical insight and perspective based on presentation and analysis of financial and operating data. This will include operational finance skills and a commercial mindset, including the ability to develop analyses, performance measures and other measures that drive profitability/value within the business. -- People Management/Leadership: The Director of Finance will have a proven ability to inspire, maintain, retain and grow talent in a market where talent is at a premium. S/he must be an exceptional leader, motivator of people and teams who can recruit, develop and empower high potential people and set high standards for personnel across the organization. S/he will also demonstrate the ability to effectively influence peers and senior management as well as operate seamlessly within a cross-functional team environment.
                                    Other Personal Characteristics
                                    • Ability to operate with and influence senior management by presenting compelling, fact-based cases that translate into actionable plans.
                                      • Lead with vision, strategy, engagement and humility.
                                        -- A strategic thinker who can provide input while also collaborating with others in order to generate effective solutions to challenges.
                                        • Executive presence combined with a high degree of maturity and business judgment.
                                          • A personable, team player with the self-confidence, presence and consultative skills to positively influence the business, and work effectively in a matrix management environment.
                                            • Integrity, credibility, and character.

Keywords: Hamm, Inc., Lawrence , Director of Finance, Accounting, Auditing , Lawrence, Kansas

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