We have been engaged by a $2+ billion state of the art semiconductor company to find a Finance Director to lead a start up solar manufacturing division; the position will be based in the mid west with a potential ex-pat assignment in Asia.
Our client, a NYSE listed, diversified semiconductor business, is aggressively growing its already prominent presence in the solar industry. The company, whose 18% net profit margin doubles its closest competitors, inked a 10 year, $6 billion contract with a top 3 photovoltaic manufacturer and is currently re-organizing the overall business to service this critical segment. Solar accounts for 20% of gross sales and is slated to grow to about half of the business in the next few years. The firm will be bringing manufacturing in house and is looking for strategic acquisitions or joint ventures in China or Southeast Asia to accomplish this.
We seek an operationally hands on Finance Director to partner with the EVP-Solar and VP-Solar Wafer Manufacturing and help build the business infrastructure for this new activity and structure the acquisition/joint venture deals in Asia. Duties include: (1) Investment decision analyses for Greenfield operations, (2) JV vs. acquisition due diligence and deal structuring, (3) Controlling (reporting, forecasting, budgeting and business planning), (4) accounting including cost accounting, (5) staffing and developing the new team, and (6) SOX. As the whole parent company is going through a major restructuring and expansion, there is significant room for professional growth and development.
This is not just an accounting or administrative job; we seek an entrepreneurially saavy, operationally driven finance professional with strong international experience in manufacturing environments. A degree in business, engineering or accounting is required as is a minimum of 7 years experience; JV, acquisition, Greenfield, and experience in Asia are highly desirable, as is a CPA or CMA and the ability to speak a major language other than English.
Goodwyn Powell