The VP of Finance at Airgas, an Air Liquide company, plays a critical role in ensuring the financial health and stability of one of the leading suppliers of industrial, medical, and specialty gases, as well as related products and services, in the United States. This executive is responsible for overseeing all aspects of the company’s financial operations, contributing significantly to strategic decision-making and overall business performance.
Key responsibilities encompass a wide range of functions. Financial planning and analysis (FP&A) is paramount, involving the development and management of budgets, forecasts, and long-term financial plans. The VP Finance must possess a deep understanding of market trends, economic conditions, and internal performance drivers to accurately project future revenues, expenses, and profitability. This enables informed resource allocation and strategic investment decisions.
Controllership is another core area, ensuring the integrity and accuracy of financial reporting in compliance with generally accepted accounting principles (GAAP) and regulatory requirements. This includes overseeing the preparation of financial statements, managing the accounting close process, and maintaining robust internal controls to safeguard assets and prevent fraud. The VP Finance is also responsible for managing relationships with external auditors and ensuring the company’s adherence to all relevant laws and regulations.
Treasury management falls under the VP Finance’s purview, involving the efficient management of the company’s cash flow, investments, and debt. This includes optimizing working capital, managing banking relationships, and mitigating financial risks. The VP Finance also plays a key role in evaluating and executing mergers and acquisitions (M&A), providing financial due diligence and structuring advice to ensure successful integration and value creation.
Tax compliance is crucial, requiring the VP Finance to oversee the preparation and filing of all tax returns, ensuring compliance with federal, state, and local tax laws. This also involves developing and implementing tax strategies to minimize the company’s tax burden and optimize tax efficiency. Furthermore, investor relations may be a responsibility, particularly in communicating the company’s financial performance and outlook to analysts and investors.
The VP Finance at Airgas must possess a strong financial acumen, coupled with excellent leadership and communication skills. They must be able to effectively communicate complex financial information to non-financial audiences, build strong relationships with internal and external stakeholders, and motivate and develop their team. A deep understanding of the industrial gas industry is also beneficial, enabling the VP Finance to make informed decisions that drive profitable growth and sustainable value creation for Airgas.