Head of Finance for Mexicali

Great Job Opportunity!

At Morgan Philips Specialist Recruitment Mexico, we are currently seeking a Head of Finance for an international company and leader in the textile and apparel industry, located in Mexicali. 

General Function:
The Head of Finance will be responsible for ensuring financial stability, regulatory compliance, and efficiency, while supporting business growth and operational excellence. The ideal candidate will be a strategic financial leader with extensive experience in manufacturing, cost accounting, and international financial management.

Key Responsibilities

Strategic and Financial Leadership

• Develop and implement financial strategies to support business growth, profitability, and operational objectives.
• Collaborate with senior management to drive financial decision-making and strategic planning.
• Provide financial analysis and insights on business performance, investments, and cost optimization opportunities.
• Lead and actively support key strategic and transformation initiatives, including system implementations (e.g., ERP, reporting tools, and process improvements).
• Translate strategic objectives into actionable financial plans and measurable KPIs for operations in Mexico.

Financial Management and Reporting

• Oversee all financial operations, including budgeting, forecasting, financial reporting, and cash flow management.
• Ensure accuracy and timeliness of monthly, quarterly, and annual closing processes.
• Manage audits, external reporting, and ensure compliance with local (Mexican) and international accounting standards.
• Identify and communicate financial and operational risks to the finance leadership team, including FX exposure, local regulatory compliance risks, and liquidity issues.
• Ensure consistency and alignment of accounting policies and reporting between U.S. and Mexico entities.

Operational Finance and Cost Control

• Lead cost accounting and inventory control processes to improve production efficiency and profit margins.
• Implement systems and controls to monitor production costs, variances, and pricing strategies.
• Ensure alignment of local costing methodologies (e.g., standard costing, FIFO/WAC) with corporate accounting principles and ERP configuration.
• Oversee or coordinate periodic inventory counts, reconciliations, and variance analysis.
• Monitor financial performance of production operations, supply chain, and logistics.

Compliance and Risk Management

• Ensure compliance with Mexican tax laws, SAT reporting requirements, and international regulations (if applicable).
• Develop and maintain strong internal controls to safeguard company assets and data integrity.
• Manage relationships with banks, coordinate internal and external auditors, and liaise with tax authorities and other financial stakeholders.
• Collaborate with corporate legal and tax teams to ensure compliance with transfer pricing and cross-border reporting requirements.
• Oversee local treasury, banking, and foreign exchange management in coordination with the U.S. finance team.
• Maintain oversight of internal controls and risk management processes.

Team Leadership

• Lead and develop a high-performing finance and accounting team.
• Foster a culture of data-driven decision-making, accountability, continuous improvement, and cross-functional collaboration.
• Provide mentorship, performance feedback, and professional development to team members.

Education

Bachelor’s degree in Accounting, Finance, or a related field (Master’s degree or CPA/CMA certifications preferred).

Experience

• 10+ years of progressive financial leadership experience, ideally in textile, apparel, or manufacturing industries.
• Strong knowledge of cost accounting, inventory management, financial controls, and cross-border operations (Mexico–U.S.).
• Experience aligning local financial practices with corporate strategy and reporting standards.
• Experience leading or supporting ERP systems (preferably NetSuite), process automation, financial integration, and reporting tools.
• Fluency in Spanish and English (written and spoken).
• Proven ability to lead teams, manage complex projects, meet deadlines, and communicate effectively with senior leadership.

Skills

• Knowledge of maquiladora operations and compliance (IMMEX).
• Experience in FX risk management and transfer pricing.
• Strong analytical skills, attention to detail, problem-solving, and strategic thinking.
• Ability to thrive in a dynamic and fast-paced environment.
• Executive-level leadership and communication skills, with the ability to simplify complexity across different areas such as operations, sales, customer service, HR, and IT.

If you have experience in financial management, strong leadership skills, and are looking to play a key role in strategic decision-making, this opportunity is for you.

Apply now and join us in driving financial excellence and talent development!

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