Director, Strategic Business Optimization

If you're looking for a special place to build or grow your career, you've found it. Whether you're an experienced professional, a recent college graduate or somewhere in between, IDEX is a place where you can apply your existing skills and learn new ones in an environment where you can make an impact. With interesting opportunities in engineering, marketing, sales, supply chain, operations, HR, finance, and more across more than 40 diverse businesses around the globe, chances are, we have something special for you. IDEX Corporation (NYSE: IEX), based in Northbrook, IL (suburb of Chicago), is a leading global manufacturer of diversified products in industries ranging across health, science, safety, fire, and fluidics. The company operates in 24 countries, IDEX is an innovative and growing company, focused on delivering excellence through diverse, winning teams. We're a global provider of applied solutions serving a variety of markets. These include life science and medical technologies, process industry and infrastructure related applications, industrial/municipal fire, and rescue - to name just a few. Materials Science Solutions (MSS) is a newly formed group made up of 12 Materials Sciences businesses across 17 locations within the US and Europe. Reporting Relationships: The Director Strategic Business Optimization for MSS supports the 12 Business Units and reports directly to the Vice President of Global Operations for MSS and is a member of the Global Operations Leadership Team. Responsibilities: The Director Strategic Business Optimization is a strategic leader responsible for delivering data-driven insights and analytics to optimize performance across the MSS global manufacturing sites. This role partners with the VP of Global Operations, Site Leadership, and Finance to drive operational excellence, improve cost efficiency, and supports strategic decision making and initiatives through advanced analytics and performance reporting. This role requires a strategic thinker with strong business acumen and the ability to lead cross-functional teams to achieve business objectives. Key accountabilities and responsibilities for the Director Strategic Business Optimization include but are not limited to: • Bridge MSS strategic objectives with site operational projects by translating long-term goals into data driven projects, enabling cross-functional teams to execute with clarity, consistency, and measurable impact across supply chain, manufacturing, and customer delivery • Lead cross-functional analysis of manufacturing site integration business cases to validate financial assumptions, assess operational synergies, and ensure realization of projected value through post-integration performance tracking • Lead business critical projects aligned to MSS strategic plan and growth objectives; provide periodic stakeholder updates • Partners with internal and cross-functional teams, projects, and business customers to drive the strategic operational goals • Responsible for identification and execution of business optimization and operational excellence projects designed to improve cost efficiency, delivery performance, and operational efficiency with bottom line impact to the MSS businesses • Partner with site leaders, finance, supply chain, and engineering teams to align analytics with business goals • Support financial planning, forecasting, and variance analysis for manufacturing and supply chain functions • Identify trends, risks, and opportunities to improve business performance • Translate complex data into actionable insights for operations leadership • Support capital investment decisions through ROI, IRR, and payback analysis • Present findings and recommendations to senior leadership in a clear, compelling manner • Utilize all aspects of the IDEX Operating Model including Daily Management, Monthly Business Reviews, Goal Deployment, 80/20 Focus, and the Organization and Talent Cycle • Utilize 80/20 tools to actively reduce operational complexity • Facilitate Best Practice sharing across business units • Create and implement effective, deterministic, operations-related processes and procedures as needed • Other duties as assigned Requirements & Experience: • Bachelor's Degree in Business Administration, Engineering, Operations Management or other related field required. Advanced Degree is a plus • Ten (10) or more years of progressive experience in finance or manufacturing operations management • Proven success in driving financial transformation through analytics driven initiatives • Ability to simplify complex financial data into actionable insights • Business savvy with an understanding of how actions impact the business • Strong proficiency in data visualization, statistical analysis, and business intelligence tools • Must understand how actions impact the business (growth, cost, working capital and profit) both in the short and long term • Ability to work through conflict and appreciate the points of view of other functions inside and outside of the organization • Ability to develop and implement creative solutions to systems and processes • Results-oriented and innovative • Demonstrated understanding of ERP software concepts • Excellent communication skills, both verbal and written • Ability to travel globally approximately up to 30% of the time Other Skills and Abilities: • Demonstrated operational experience with sustained results driven through project management • Strong business acumen including analytical skills and ability to tie back to business strategy • Must be able to lead and drive change through cross functional teams, peers, and key stakeholders • Strong collaboration and communications skills. Has an ability to work with and influence individuals at all levels, internally and externally • Must be results oriented Are you ready to join a different kind of company where our people, our culture, and our commitments are centered around providing trusted solutions that improve lives around the world? Total Rewards The compensation range for this position is $124,100.00 - $186,100.00, depending on experience. This position may be eligible for performance based bonus plan. Benefits Package Our comprehensive U.S. benefit offerings include: Health benefits, 401(k) retirement savings program with company match, PTO, and more. More information on our benefits and rewards can be found on our career page: IDEX is an Equal Opportunity Employer. IDEX gives consideration for employment to qualified applicants without regard to race, color, religion, creed, genetic information, sex, sexual orientation, gender identity or expression, marital status, age, national origin, disability, protected veteran status, or any other consideration or protected category made unlawful by federal, state or local laws. Attention Applicants: If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process, please let us know. Likewise, if you are limited in the ability to access or use this online application process and need an alternative method for applying, we will determine an alternate way for you to apply. Please contact our Talent Acquisition Team at [email protected] for assistance with an accommodation. These contact tools may be used only by individuals with a disability for accommodation requests. Do not inquire as to the status of an application. Apply tot his job