FINANCE DIRECTOR – WHEEL-END BU
Reports To: Sr. Director, FP&A and Operations (Matrix reporting to the BU President)
POSITION SUMMARY:
This position is responsible for providing the overall financial assessment, leadership and management of the Wheel End product business team, which consist of three product lines. The position has a leadership role in guiding the overall profitability and growth of this key division. It is expected that this leader engages in healthy discussions related to strategy and must be able to lead financially, help make directional guidance suggestions and think as a business partner. The Director of Finance position directs the administrative and strategic affairs of the organization related to all financial activities; recommends to management major economic objectives, policies and opportunities. The Director of Finance prepares or directs the preparation of reports, which summarize and forecast business activity of the company’s financial position in the following areas: income, expenses, earnings and cash flow based on past, present, and expected operations.
ESSENTIAL FUNCTIONS:
- Responsible for driving and monitoring financial performance, analyzing and interpreting operating results, investigating variances and unusual items; and evaluating their effect on operations
- Drive the financial planning process for monthly forecast, annual budgeting, and five-year strategic plan
- Assist with decision-making for various business processes including budgeting, forecasting, and cost reductions
- Provide detailed financial information and key performance indicators for decision making and make recommendations for action
- Provide leadership accurate and timely financial and operational recommendations
- Develop, enhance and maintain operational and ad-hoc reports to satisfy internal and external reporting requirements
- Prepare various monthly presentation packages for management reviews
- Act as the key interface with General Accounting to support various activities related to Month/Quarter/Year-end closing
KNOWLEDGE:
- Extensive understanding of financial concepts including financial statement analysis, accounting, budgeting, profitability analysis, and standard costing methodologies
- Solid understanding of the drivers of the business (i.e. industry volume patterns, specific customer products, customer/market mix, etc.)
SKILLS:
- Comprehensive financial analysis skills that enable development and evaluation of business transactions and models
- Advanced Excel modeling and programming skills required
- Strong leadership, communication, and presentation skills, working across multiple locations, management levels and functions within a sales corporate environment
- Ability to prioritize multiple, complex, and ambiguous tasks in order to meet stringent deadlines
- Motivated and proactive self-starter with a sense of urgency and results oriented
- Strong project management skills including the ability to initiate, lead, and mentor projects/teams to identify root causes and corrective actions
- Ability to influence both KB and Bendix management
- Ability to deal tactfully and confidently with customers/personnel at all organizational levels in independent and often stressful and ambiguous situations
- Ability to build and utilize teams to resolve complex problems
- Ability to effectively manage a team
- Strong decision-making skills; the ability to influence internal customers
EXPERIENCE:
- Minimum 10 years of direct and progressive financial analysis experience in a prior manufacturing environment – prior FP&A roles required
- Minimum 5 years of proven managerial experience leading a team and driving strategy in order to achieve results
- Proven ability to lead teams and develop talent
- Prior plant financial leadership experience required
- Enterprise Resource Planning (ERP) systems experience required; SAP preferred
- Experience in project management and/ or financial management, including managing budgets, preparing estimates at complete and performing variance analysis.
- Working knowledge of IFRS and FX analysis preferred
- Prior experience in a multinational manufacturing company preferred
EDUCATION:
- B.A. or B.S. degree in Finance or Accounting required; MBA preferred.
POSITION REQUIREMENTS:
The demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Required Skills
Required Experience
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