Reporting into the Chief Accounting Officer (CAO) of the company, the successful candidate will lead the Financial Planning and Analysis function of the whole company providing operational and strategic financial analysis to Executives and Corporate functional leaders. The FP&A Director must be a strong leader with the ability to collaborate across businesses and the corporate organization to drive finance activities within a matrixed environment, capable of establishing tactical plans, and be accountable for the results. As a high potential member of the team, the FP&A Director will have future opportunities to take on expanded leadership roles within the NewCo organization.
The FP&A Director will be a strategic and results oriented finance leader. S/he will have strong business acumen and proven leadership partnering with a leadership team. Additional responsibilities will include:
o Developing key financial analysis to aid in business decisions, budgeting and forecasting, and cost structure analysis
o Leading key strategic processes including Strategic Planning, Budgeting, and Incentive Compensation processes, as well as any other key control procedures
o Leading Corporate G&A expense budget process with senior functional leaders
o Partnering with the global leadership team to develop strategic multi-year plans and implementing processes to prioritize resource decisions and track the top investments and initiatives necessary to exceed future state targets
o Preparing and delivering monthly financial/analytical reports of business performance to management
o Driving, assessing, preparing, and presenting financial analysis and management reporting to business unit management
o Assisting the CAO in tracking and driving targets and performance
o Preparing financial decks for CAO/CFO to key stakeholders including C-suite Executives and Board of Directors.
o Performing deep dive analysis requiring financial modeling to develop recommendations and impact the decision making of senior leadership
o Conducting analysis of (but not limited to) geography, FX, Operating Companies, price performance, customer profitability, risk and opportunity tracking and more
o Conducting SG&A spend analysis, working closely with functional teams
Leading and/or participating in improving Finance organization processes
Leading and supporting on selected M&A acquisition or divestiture projects and activities
Overseeing the Corporate financial planning and reporting tool (HFM) and leading system changes/enhancements
To be a good fit for this opportunity, you will also have/be:
A bachelor's degree in Finance or Accounting. MBA/CPA preferred
8+ plus years of FP&A experience
Demonstrated critical thinking ability and strong financial acumen
Experience with international subsidiaries and business partners
Experience and understanding of the capabilities and limitations of ERP systems and reporting software such as Hyperion.
Highly analytical, detail oriented with advanced financial modeling and reporting skills
Experience with complex problem identification and solving using Lean / Six Sigma techniques
Proven track record of process improvement
The ability to balance a partnering approach with firm stance on ethics, compliance, GAAP, etc.
Strong interpersonal skills and the ability to interact effectively with diverse personalities in a high matrixed organization.
Strong oral and written communication skills, including the ability to convey technical financial information to non-financial people.
Be comfortable working in a high-energy, quickly changing and dynamic environment.
Fortive Corporation is a diversified industrial technology company encompassing businesses that are recognized leaders I n attractive markets. The Company's well-known brands hold leading positions in field solutions, transportation technology, sensing, product realization, automation and specialty, and franchise distribution markets. Fortive's businesses design, develop, service, manufacture and market professional and engineered products, software and services for a variety of end markets, building upon leading brand names, innovative technology and significant market positions. The Company's research and development, manufacturing, sales, distribution, service and administrative facilities are located in more than 40 countries across North America, Asia Pacific, Europe and Latin America.
Fortive is guided by a shared purpose to deliver essential technology for the people who accelerate progress, and is united by a culture of continuous improvement and bias for action that embody the Fortive Business System ("FBS"). Through rigorous application of its proprietary FBS set of growth, lean, and leadership tools and processes, Fortive continuously improves business performance in the critical areas of innovation, product development and commercialization, global supply chain, sales and marketing and leadership development. Fortive's commitment to FBS and goal of creating long-term shareholder value have enabled it to drive customer satisfaction and profitability; significant improvements in innovation, growth and operating margins; and disciplined acquisitions to execute strategy and expand its portfolio into new and attractive markets.
Fortive posted 2018 revenue from continuing operations of $6.5 billion. Sales by geographic destination (geographic destination refers to the geographic area where the final sale to Fortive's customer is made) were: North America 58% (including 56% in the United States), high growth markets 23%, and other regions 5%.
NewCo will be a global industrial technology company offering critical technical equipment, components, software and services for manufacturing, repair and servicing in the mobility infrastructure industry worldwide. Our Operating Companies supply a wide range of solutions, spanning advanced environmental sensors, fueling equipment, field payment hardware, remote management and workflow software, vehicle tracking and fleet management software solutions for traffic light control and vehicle mechanics' and technicians' equipment. Our products and services are marketed to retail and commercial fueling operators, commercial vehicle repair businesses, municipal governments and public safety entities and fleet owners/operators on a global basis. We operate globally with research and development, manufacturing, sales, distribution, service and administration operations located in more than 40 countries across North America, Asia Pacific, Europe and Latin America.
We're committed to shareholder value creation through strong earnings growth, driven by continuous improvement through operating performance of our existing business and acquisitions of new businesses that accelerate our strategy while expanding our portfolio into new and attractive markets.
To accomplish these goals, we use a set of growth, lean and leadership tools and processes, which today are known as the Fortive Business System (FBS), designed to continuously improve business performance in the critical areas of quality, delivery, cost, growth and innovation. Our operating companies utilize the Fortive Business System to develop improvement initiatives in the areas of product development and commercialization of new products and solutions as well as improvements in sales and marketing, supply chain and manufacturing efficiency. All of our efforts are focused on accelerating competitive advantage in our markets.
"The company in which you have expressed employment interest is a subsidiary or affiliate of Fortive Corporation. The subsidiary or affiliate is referred to as a Fortive Company. Fortive Corporation and all Fortive Companies are equal opportunity employers that evaluate qualified applicants without regard to race, color, national origin, religion, ancestry, sex (including pregnancy, childbirth and related medical conditions), age, marital status, disability, veteran status, citizenship status, sexual orientation, gender identity or expression, and other characteristics protected by law. The "EEO is the Law" poster is available at: http://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf. Individuals who need a reasonable accommodation because of a disability for any part of the employment process should call 1-866-272-5573 or e-mail email@example.com to request accommodation."