Finance Director

IMI plc
We are a global specialist engineering company that creates breakthrough solutions. We are curious and like to solve problems, partnering with our customers to solve the demands of today and prepare for the challenges of tomorrow. We embrace innovation and care about outcomes that are good for business, everyday life and making a better world – creating lasting impact for everyone.

We design, build and service highly engineered products in fluid and motion control applications. We focus on five market sectors: Industrial Automation, Process Automation, Climate Control, Life Sciencel, and Transport.

Our partnership approach breaks through problems and reduces complexity. We don’t invent in isolation – we collaborate with our customers. We listen closely and we think differently, creating space for diverse minds to innovate. We are working together to make businesses safer, more sustainable and more productive.

Role Overview:

This is an exciting opportunity to lead the finance function of IMI’s Life Science manufacturing operations in Palmer, Massachusetts, and Pipersville, Pennsylvania. Based onsite in Palmer, you will be a key member of the site leadership team and a strategic business partner to the General Manager, with a dotted-line relationship to the Global Finance Director, Life Science.

You will combine strategic insight with hands-on financial leadership to improve business performance, strengthen decision-making and support sustainable growth. 

Work Environment: Onsite in Palmer, Massachusetts, with periodic travel to the Pipersville, Pennsylvania operation and other IMI locations as business needs require.

Key Responsibilities:

• Financial Strategy and Planning: Lead the annual budget, quarterly forecasting, long-range planning and monthly business performance review processes across the Palmer and Pipersville operations.
• Business Performance and Insight: Provide clear analysis of revenue, profit, gross margin, cash and operational performance, identifying risks, opportunities and corrective actions.
• Manufacturing Finance: Lead financial oversight of standard costing, inventory, work in process, labor and material variances, productivity, purchase price variance, overhead absorption and scrap.
• Business Partnership and Decision Support: Partner with Operations, Supply Chain, Engineering, Quality and Commercial leadership to evaluate performance, challenge assumptions and support pricing, sourcing, capacity and growth decisions.
• Financial Reporting and Control: Ensure accurate and timely financial close, reporting, balance sheet management and compliance with IMI accounting policies, IFRS, group reporting requirements and Delegation of Authority.
• Cash and Working Capital: Improve cash generation through disciplined management of inventory, receivables, payables, capital expenditure and other working capital drivers.
• Investment and Business Cases: Provide financial leadership for capital investment, automation, new product development and operational improvement proposals, including return-on-investment and post-investment reviews.
• Leadership and Team Development: Lead, coach and develop the finance and accounting team, building capability, accountability, succession and strong business-partnering skills.
• Systems and Continuous Improvement: Lead improvements in financial systems, reporting, data quality and processes, including effective use of ERP software and the standardization and simplification of finance activities.

Critical Competencies for Success

• Bachelor’s degree in Accounting, Finance, Business Administration or a related discipline.
• CPA, CMA, MBA or equivalent advanced qualification preferred.
• At least 10 years of progressive finance and accounting experience, including significant hands-on manufacturing finance experience.
• Proven experience leading a site, plant, business unit or comparable operational finance function.
• Strong knowledge of financial planning, forecasting, P&L management, cost accounting, inventory, working capital and internal controls.
• Demonstrated ability to translate financial and operational data into clear recommendations and measurable business improvements.
• Strong commercial judgment and the ability to influence and constructively challenge senior and cross-functional leaders.
• Proven people leadership, coaching and team-development capability.
• Strong executive communication, analytical and organizational skills.
• Experience in a multi-site, global or matrixed organization.
• Experience with ERP and financial reporting systems. 
• Experience in life sciences, medical devices, analytical instrumentation or another regulated manufacturing environment is valued.

Pay range: $170,000 - $190,000

Within this range, individual pay is determined based on skills, experience, and qualifications relative to the job requirements. Base pay information is aligned with market location and may be subject to prevailing wage laws, if applicable.

Bonus eligibility: This position is also eligible for a variable incentive pay component, separate from base salary. 

What IMI Can Offer You
At IMI, one of our top priorities is to create an inclusive culture of health. We strive to remove barriers to care (whether that be physical or financial) and in doing so, we offer choice for all your health and wellbeing needs. 

See below for a general overview of our amazing perks and benefits:

• Multiple health plans to choose from: HMO, PPO, and High Deductible Health Plans with a low-cost share
• Best-in-class 401K plan with zero vesting and up to 6% contribution matching
• 14-week maternity leave at full pay following one year of service (Adoption benefits are equivalent)
• 4-week paternity leave at full pay following one year of service (Adoption benefits are equivalent)
• Employee Resource Groups that offer community and support, like our Pride Network and Network of Women groups 
• PTO, encompassing inclusive holidays 
• Career Development opportunities (IMI’s ‘Catalyst’ Program)
• Employer contribution for Health Savings Account, and in many cases free virtual telemedicine, and teletherapy.
• Mental Health and wellness programs to support you and your family
• Full suite of voluntary benefits to tap into, including but not limited to: Critical illness insurance, hospital indemnity, legal insurance, identity theft protection, and pet insurance or home & auto insurance through our discount advantage platform
• Short & long-term disability as well as basic life insurance at 2x your basic salary at no cost to the employee
• Free financial advisors, webinars, and classes through Charles Schwab
• Annual Employee Stock Purchase Plan with option to purchase IMI shares at a reduced employee only price - no opportunity to lose, only to profit or refund your investment 100%

**Benefits plans change year over year, but we have guiding principles in place to ensure our employees have the tools and resources available to stay connected and up to date**

Health & Safety

The physical demands described within the Key Duties & Responsibilities section of this job description are required to perform the essential functions of this position.  Reasonable accommodations may be made for individuals with disabilities.  Please contact your local HR representative to discuss the specific Work Conditions and Physical Requirements of this role.  

Health, Safety, and Environmental Duties – At IMI we are all personally committed to protecting our people, minimizing our impact to the environment, the communities we operate in and our company. All members of our workforce have the duty to ensure the health, safety and welfare of themselves, others, and the environment. Every employee is expected to follow all HSE operating procedures, also to challenge any observed behaviors or unsafe acts.

Code of Ethics

IMI requires the highest standard of ethics in all business dealings, particularly with customers, suppliers, advisors, employees, and the authorities. In accordance with the IMI Way: Our Code of Responsible Business.

Changes to This Job Description

IMI may amend this job description in whole or part at any time.

IMI is an equal opportunity employer. Qualified applicants will be considered without regard to age, race, creed, color, national origin, ancestry, marital status, affectional or sexual orientation, gender identity or expression, disability, nationality, sex, or veteran status.