The Director, Financial Planning & Analysis, serves as a strategic finance leader for the business, with responsibility for P&L and balance sheet planning, forecasting, performance management, and decision support. This role leads the development of the business's five-year strategic financial plan and drives the annual operating plan, forecasts, and financial reporting processes at a global level. The position partners closely with business leaders to develop financial models and analyses that inform strategic decisions, enhance profitability, and support long-term business success.
Reporting directly to the Vice President, Finance, this position is based at the BMT headquarters in Eden Prairie, MN.
Primary Duties & Responsibilities:Strategic Planning & Business Partnership- Develop and maintain 5-year business models to guide the strategic planning of the company, engaging with local business leaders and translating and meeting Enterprise process and outcome expectations.
- Advise and influence executive business leaders to evaluate growth opportunities, strategic investments, and operational initiatives. Recommend resource allocations and investment priorities.
- Translate business strategies into financial scenarios, risks, opportunities, and actionable recommendations.
- Translate 5-year business models into valuation models for impairment testing.
Budgeting and Forecasting- Optimize, shape and drive annual and other periodic planning processes, leveraging and optimizing use of systems and AI Tools, and coordinating to meet business leader and Enterprise Finance stakeholder needs. Establish and communicate financial planning assumptions, calendars, targets and governance.
- Influence global FP&A processes that align with both the One Bracco philosophy while meeting the needs of the local operating unit, by engaging with and influencing peers and leaders within the Bracco FP&A community and at the enterprise level
- Advise and influence executive management to develop challenging financial goals, operating plans and insightful measurement systems.
- Create concise, business-focused dashboards, reporting packages, and presentations that translate financial data into actionable insights for Finance and Non-Finance stakeholders
- Champion data quality, reporting consistency, and continuous improvement across FP&A processes.
Reporting and Performance Management- Lead the monthly, quarterly and annual financial reporting effort ensuring all business leaders are up to date and informed of the financial health of their areas of responsibility.
- Meet Enterprise expectations regarding reporting and explanation of monthly results
- Lead the global operating mechanism for FP&A, including all the design of the system, training and process standardization for the other regions and final consolidation reporting to Executive Committee and Corporate Headquarters.
- Identify and escalate material performance risks and recommend corrective options and countermeasures.
- Service as a trusted advisor to the VP of Finance and other functional executive leaders
Employee Development Promote and foster growth of team members through:
- Skills development and sharing of best practices
- Establishing role clarity, process consistency, and performance expectations
- Continuous feedback
- Recognition and motivational techniques and tools
- Oversight and conduct of training of new and existing employees
- Identification of resource needs and communication to management for improvement as needed the addition of capabilities and future growth projections to support a dynamic and growing business.
- Assessment of future workforce and competency needs
Qualifications (Knowledge, Skills & Abilities): Minimum- BA/BS degree preferably with major in Accounting, Finance, Economics or a related field
- Finance professional with 10+ years of experience working in progressive roles in a complex multinational organization, partnering with and influencing executive level leaders
- 3+ years supervisory experience
- Demonstrated experience using AI to optimize planning and analysis activities and using systems and automation to transform planning and reporting processes
- Proven ability to navigate complex global matrix structures, build cross-functional partnerships, and deliver results under tight deadlines.
- Demonstrated experience advising senior executives and influencing strategic, operational, and resource-allocation choices.
- Business planning and forecasting experience
- Strong computer application skills including MS Word, MS Excel and MS PowerPoint are a must.
- High level interpersonal skills; effective verbal and written communication skills with the ability to author and deliver presentations that translate complex financial data into actionable insights for non-finance business partners in a simple way.
- Work both independently and as part of a team
- Good organizational skills; ability to multi-task while effectively prioritizing and applying good judgment
- Demonstrated problem-solving skills, detailed oriented and thorough
- Exceptional time-management skills to meet deadlines
Preferred: - CPA and/or MBA or comparable advanced certification
- Experience in medical devices, healthcare, life sciences, or other regulated industry
- Experience working in a global manufacturing organization
- Business intelligence, business warehouse, and planning tool software experience (HFM / Hyperion, BW Reporting)
- Experience using Macros, V lookups, Pivot Tables, VBA, and SQL knowledge a plus
Other:- Demonstrated ability to apply financial analysis and modeling in solving business problems
- Ability to go beyond the numbers, consider the broad business implications in helping senior management and business partners; identify and exploit opportunities to improve business performance.
- Experience challenging assumptions, demonstrating curiosity, and identifying opportunities to improve finance processes and business performance
Compensation & Total Rewards:Estimated Beginning Salary: $190,000.00 - $215,000.00*Estimated salary is intended to reflect the salary Bracco Medical Technologies reasonably expects to pay for the position. The provided range is based on salary and market data and may vary based on an employee's eligibility for geographic differential pay in high-cost-of-living markets.
Total Rewards:- Paid Time Off, Company Holidays & Paid Family Leave - We provide PTO and Company Holidays to help you recharge, relax and do what's important to you, when it's important to you. Our 100% paid family leave options for parents, grandparents and eligible family members provide support for growing families as well.
- Achieve - Beyond competitive compensation, we offer options to help you plan for a financially secure future, including an annual incentive plan and 401k savings plan contributions.
- Live well - We offer comprehensive benefit options to help protect you along the way, including medical, dental, vision, and life insurance, employer HSA contributions, employee assistance program, short-term disability, etc.
- Evolve - Through structured on-the-job learning, workshops, seminars, and our tuition reimbursement program, you'll find many opportunities to grow, personally and professionally.
- Choose -You won't find "stuffy" herewhether your position requires a hybrid or in-the-office working arrangement. That means business casual for your attire and flexibility in your schedule, wherever possible.
