Director Corporate Development
Canton, OH - USA
Job Summary
Joining the Metallus team means becoming part of a legacy that dates back over a century. We are an industry leader manufacturing the cleanest steel in the world for companies in the industrial aerospace and defense automotive and energy markets.
Relocation may be offered for this position.
Purpose:
The Director - Corporate Development is responsible for leading the companys day-to-day acquisition divestiture and affiliation role provides senior level leadership across the full transaction lifecycle from target identification relationship building due diligence negotiation execution and post-close integration.
Serving as a trusted advisor to the EVP Strategy and Corporate Development as well as broader Executive Leadership Team the role brings deep acquisition transaction expertise financial rigor and market and industry knowledge to support a disciplined corporate development process and long-term shareholder value creation.
Expected to travel 20% of the time.
Responsibilities:
Partner with the EVP Strategy and Corporate Development and Executive Leadership Team to identify evaluate and prioritize acquisition and affiliation opportunities aligned with corporate and financial strategy.
Provide strategic insight on metals industry including consolidation trends integration opportunities capacity considerations and competitive positioning.
Lead cross functional due diligence process for acquisition and affiliation transactions as well as identification and quantification of synergies financial and operational risks.
Provide oversight and direction for broader due diligence activities including organizational capability cultural considerations and integration readiness.
Oversee development and review of driver based financial models valuations and comprehensive investment business cases.
Ensure corporate development transactions meet return on investment thresholds risk tolerance and strategic objectives consistent with capital allocation guidelines.
Lead cross functional transaction execution teams in close coordination with functional leadership and external advisors to drive transactions to close.
Support the CFO on transaction funding strategy financing structures and execution.
Provide integration strategy and planning recommendations to the EVP Strategy and Corporate Development and Executive Leadership Team.
Assign and manage post close integration activities with a focus on timely realization of synergies.
Deepen relationships with third party advisors including investment banks accounting firms and legal counsel.
Support the EVP Strategy and Corporate Development with other strategic and ad hoc initiatives.
Key Skills:
- Corporate strategy
- Market andindustry analysis
- Product portfolio analysis
- Financial modeling and valuation
- Risk identification quantification and mitigation
- Negotiating
- Transaction process management
- Transaction structuring
- Post-merger integration
- Change management
- Transaction sourcing and networking
- Executive presence
- Executive and board communication
- Stakeholder management
- Decision-making under uncertainty
- Due diligence leadership
Minimum Qualifications:
Bachelors degree in business finance accounting or a related field with at least 10years of experience in mergers and acquisitions corporate development legal or finance.
Preferred Qualifications:
Masters degree in business finance accounting or a related field with at least 8years of experience in mergers and acquisitions.
The company prohibits harassment or discrimination against any employee on the basis of any status protected by law including but not limited to race religion color national origin ancestry age disability genetic information gender sex or veteran status.
Required Experience:
Director
About Company
TimkenSteel is a leading steel manufacturer of world-class, custom clean steel that advances critical products in the world’s most demanding applications.