Work Location: Oxford, UK
Background
M-Solv is part of CN Innovations, a Hong Kong-based materials science and manufacturing group. M-Solv develops industrial machines (aka tools) primarily for laser materials processing but also inkjet deposition of functional materials. The key application is IC packaging but systems have been built for many mobile phone applications, solar panels, smart windows, touch sensors and other large-area electronics applications. The company is aiming for strong growth over the next few years based on an innovative and competitive offering for the IC packaging industry.
M-Solv tools are high-value machines which use laser and/or inkjet technology, in combination with CNC mechatronics, for materials processing or deposition. They are used for both manufacturing and R&D. Markets are global with an Asian emphasis.
M-Solv’s process technology is developed at our headquarters in Oxford UK, where process head modules and machine control software are developed, designed and tested. CNC motion control and machine platforms are usually built by Asian contract manufacturers, often requiring close collaboration on the design details. Final integration of the equipment normally occurs at a location most appropriate for the particular customer, which could be at M-Solv’s UK or new Southern China or Taiwan facilities. The in-house team is small, but highly skilled and does have the capability to build complete machines when required, eg for UK customers.
M-Solv has engineering staff in Taiwan and Mainland China involved in the build and testing of the equipment in that region. They also provide local sales and engineering support.
A new role of combined operations and finance director has been created. This person will be responsible for overseeing the company's manufacturing operations for high-value capital equipment. They will play a crucial role in driving operational excellence, optimizing resources, and achieving financial targets to ensure efficient and effective operations aligned with business objectives.
This director will also have ownership of the company's finance function, covering all areas of accounting, compliance, controls, forecasting, budgeting and reporting and will work closely with the CNI finance group. As a member of the leadership team the new director will work with the MD and other functional leads to set the culture and direction of the business.
Current focus areas for the business are: completing the transition from building custom machines to volume production of standard machines, setting up new facilities in Taiwan and China and implementing a Globalshop ERP system.
Key Responsibilities
- Develop and implement strategic plans and initiatives to optimize operations and improve efficiency
- Monitor and analyze key performance indicators (KPIs) to identify areas for improvement and drive operational excellence;
- Oversee production planning and scheduling to ensure on-time delivery and cost efficiency
- Collaborate with key stakeholders to align operations with business goals and objectives
- Manage and optimize resources, including equipment, materials, and workforce, to meet project targets
- Implement and enforce standardized operating procedures (SOPs) to improve productivity, reduce waste, and enhance quality
- Foster a culture of continuous improvement and innovation, driving initiatives to streamline processes and enhance operational performance
- Ensure compliance with external and internal financial regulations, reporting requirements, and internal controls including external annual audit and tax reporting
- Lead the UK based finance group (2 direct reports) and manage relationships with group companies providing accounting services to overseas operations
- Ensure engagement of key stakeholders in annual budgeting and forecasting and support achievement of financial targets
- Provision of monthly financial and management reports and board reports and weekly project reports providing explanation of performance to date and expected outcomes including close interaction with the parent company finance team
- Managing cashflow to support the business plan and updating the parent company about funding requirements
Key skills and qualifications
- Bachelor's degree or higher in finance, business administration, engineering or a related field (advanced degree preferred)
- Proven experience in a senior-level operations management role including financial management, preferably capital equipment manufacturing or semiconductor and electronics industry
- Strong knowledge of manufacturing processes, technologies, and best practices
- Demonstrated ability to develop and execute strategic business and financial plans and initiatives
- Excellent analytical and problem-solving skills, with a data-driven approach to decision-making
- Strong leadership and interpersonal skills, with the ability to inspire and motivate teams
- Solid understanding of financial management principles and experience managing budgets
- Exceptional communication and presentation skills, with the ability to effectively convey complex information to diverse audiences
- Ability to foster collaboration and build strong relationships with internal and external stakeholders
- Results-oriented mindset with a focus on continuous improvement and achieving operational excellence
- Experience working with overseas operations (preferably Taiwan and/or China), understanding local requirements and setting up financial controls and reporting
We are an equal opportunity employer and welcome applications from all qualified candidates. Personal data collected will be treated in strictest confidential and handled confidentially by authorized personnel for recruitment-related purposes. Applicants not hearing from us within six weeks from the date of advertisement may consider their applications unsuccessful.
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