FP&A Leader, Industrial

  •  

Minneapolis, MN

Industry: Manufacturing

  •  

8 - 10 years

Posted 30 days ago

  by    John Melillo

Position Summary

The FP&A Leader, Industrial is responsible for planning, analysis, and reporting for the Industrial Business Unit within the company. This position reports directly to the CFO of Industrial and works primarily with the Finance Directors of NA Industrial and EU Industrial while partnering with our Global Product Management team, Global Technology/Engineering team, and SEF FP&A organization. The role includes the following responsibilities:

  • Coordinate pulsing rhythms aligned with Industrial operating calendar… annual budget, closing cycle, quarterly forecasts, annual strategic plan, weekly sales call, monthly S&OP
  • Drive transparency of financial results and outlook throughout the matrix organization, including understanding and communicating reasons for variance to plan/budget
  • Identify and develop tools to manage the business, provide visibility into key metrics, and drive operating performance
  • Strong focus on understanding and communicating key variances, identifying and implementing tools and models to streamline processes, increase visibility and drive effective decision making

Essential Job Functions

  • PROCESS IMPROVEMENT
  • Work with business teams to drive process improvements and improve financial results and forecast / actual consolidation efficiency
  • Enhance relationship and add value to product management organization through product line reporting, E&O support, SKU rationalization, and Global Product Portfolio support
  • Margin excellence improvements focused around implementing central learnings / develop specific plans where required across our Business Unit's/Product Line's
  • Support SAP/BA&R adoption and initiatives across Industrial Finance to enhance our process
  • ANALYSIS
  • Analyze monthly results and report to senior management
  • Provide variance analysis versus internal expectations and versus external guidance
  • Coordinate pulsing rhythms for gross margin, pricing, SG&A, and AR
  • Analyze performance trends to help build forecasts and provide guidance to Business Units
  • REPORTING
  • Work with FP&A and Operations teams within the division to report monthly and quarterly results
  • Complete quarter review package which summarizes previous quarter results and next quarter outlook
  • Develop integrated reporting package centered around Global Product Management team focused on Sales, Margin, NPD, and Brand
  • PLANNIG
  • Annual and quarterly forecasts, month end reporting, and presentations
  • Coordinate pulsing rhythms aligned with Industrial operating calendar

Essential Skills & Experience

  • Bachelor's Degree required, preferably in Accounting or Finance
  • Working knowledge of ERP, Financial reporting systems, and Oracle Hyperion experiencepreferred
  • Strong Microsoft Office skills particularly Excel and PowerPoint
  • Strong communication, both verbal and written
  • Work requires professional written and verbal communication and interpersonal skills
  • Ability to communicate headwinds / tailwinds and business results in a concise yet thorough manner
  • Able to build cross-functional relationships and interact with all levels in the organization
  • Strong analytical skills
  • Results driven with emphasis on keeping customer and business commitments
  • Consistently demonstrates highest level of personal ethical conduct
  • Demonstrates problem solving skills through implementation and sustaining business processes

Competencies (5-10 Critical Areas of Understanding/Practice for the role)

  • Cross-functional problem solving
  • Business process implementation and maintenance
  • Results driven
  • Analytical approach to issue identification and resolution
  • Accountable with a passion for excellence

Collaboratively works for the good of the team

Salary

$161K - $195K