Financial Planning And Analysis (Hybrid-Edgewood, MD)

Job Description

The main purpose of the role is to lead the financial planning process for Smiths Detection and to be an advisor to VP of Finance providing financial, strategic and analytical oversight to improve decision-making into specific business performance. The individual will be a key member of the SDI Finance Team and a key liaison to the Divisional Finance team, providing timely and accurate division-wide management reporting and analysis to the Detection ALT & SLT and to the FP&A team of Smiths Group. The individual will own the budgeting and forecasting processes for Smiths Detection Americas and is expected to make a full contribution to the financial reporting integrity and financial control environment of Smiths Detection.

Duties & Responsibilities

Job duties to include but are not limited to;

• Lead the Division's business planning cycle, including consolidation of short-term and long-term forecasts. The scope of the analysis includes income statement, cash flow and balance sheet and encompasses internal operating metrics and KPIs

• Management Reporting and Analysis: Manage the analysis and provide challenge to consolidated divisional financial information, including preparing the Monthly Operating Review pack for Commercial Reviews and MOR, ensuring accuracy and consistency, whilst being concise and insightful. Work closely with the various Finance Business Partners to ensure that inputs in the Planning system are fully completed and reconciled on a timely basis each month, to allow reporting of the results to Unit, Divisional leadership and Group. Prepare additional data as required for key stakeholders, such as senior leadership including the ALT and SLT, Divisional Leadership team and regional management teams. Provide useful and relevant information to support management decision making, understanding, explaining and driving business performance.

• Budgeting and Forecasting: leading the budgeting and forecasting process for Smiths Detection, including:

a. Ownership of the instructions and timetable, covering inputs required across the division, review meetings and deliverables;

b. Preparing the Detection level roll-up, challenging Business Line teams where necessary to ensure consistent and realistic assumptions used;

c. Preparing information and presentation of data to senior management;

d. Ensuring that data being presented is consistent with the narrative of expected business performance and managing any changes required.

• Analytics and Business Information: Drive process improvement in divisional analytics, making use of Oracle (Onyx) Planning, and dashboards in Microsoft Power BI.

• Finance Systems, Projects and Continuous Improvement: complete various ad-hoc projects as required, including improving data flows to enable key FP&A processes, such as using Oracle Planning or Power BI to consolidate reporting metrics. Drive efficiencies within Finance and the wider business, including looking for opportunities to streamline and automate reporting and forecasting activities. Improvements will range from implementing best practices in financial modelling in Excel to changing the use of systems and processes to improve speed, accuracy and flexibility of reporting and analysis.

• Communication: maintain strong relationships and ensure clear communications between the divisional HQ, the Americas, functional finance teams and the business units globally. Maintain effective communication with divisional leadership team members and senior stakeholders at the Unit level.

• Coordination and communication of FP&A processes: the individual will be responsible for ensuring an active dialogue and open communication between the sites and the division in relation to FP&A processes, will provide advice and training in specific areas of focus, and will be a single point of ownership and coordination with the group team.

• Smiths Excellence System Black Belt projects: Provide financial guidance and governance for Smiths Detection Black Belt Projects

• Y Tree: Assist up front benefit calculations associated with strategic Y-Tree projects and provide guidance and challenge through project lifecycle to ensure accountability.

Diversity & Inclusion

We believe that different perspectives and backgrounds are what make a company flourish. All qualified applicants will receive equal consideration for employment regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, economic status, disability, age, or any other legally protected characteristics. We are proud to be an inclusive company with values grounded in equality and ethics, where we celebrate, support, and embrace diversity.

The Individual

Education:

Bachelor's Degree in Accounting or Finance

MBA / CPA preferred

Experience:

6-11 years of related experience

Technical Knowledge, Skills and Abilities:

• Qualified Accountant (CPA/CMA) preferred

• 10 Plus years of experience

• Post qualification experience in a role where budgeting, forecasting and management reporting are significant

• Global mind set and comfortable working with a diverse, geographically dispersed stakeholder base. The ideal candidate will have experience of working with consolidated data in a multi-national listed group is an advantage

• Strong analytical skills.

• Results oriented with a record of delivering business performance improvement. Individual should be driven, and be able to work independently and with a small team

• The ability to make effective, timely decisions in a complex, global market by sourcing and analysing critical information whilst engaging, challenging and working effectively with others

• Flexibility with a strong problem solving mindset with the ability to prioritise and effectively handle several concurrent assignments under tight deadlines spanning timeframes, geographies and functions

• Excellent communication skills and influencing skills and a confidence and gravitas to work across the business and with senior stakeholders.

• Good PowerPoint and presentation skills, including preparation of materials for senior leadership

• Excellent Excel skills and experience working with financial systems such as Oracle Smart View and SAP is an advantage.

• The ability to effectively manage the performance of people, monitoring progress on objectives and behaviours and coaching others for success

• Willing and able to identify and support change and continuous improvement in own and wider business environment

• The ability to make effective, timely decisions in a complex global business, by sourcing and analysing critical information.

• The ability to build an effective network of relationships both internally and externally, understanding their customers' need

About Smiths

At Smiths we apply leading-edge technology to design, manufacture and deliver market-leading innovative solutions that meet our customers' evolving needs, and touch the lives of millions of people every day. We are a FTSE100, global business of around 14,600 colleagues, based in 50 countries. Our solutions have a real impact on lives across the planet, enabling industry, improving healthcare, enhancing security, advancing connectivity and supporting new homes. Our products and services are often critical to our customers' operations, while our proprietary technology and high service levels help create competitive advantage. We welcome colleagues with a curious mind, who are happy with responsibility, enjoy a challenge and are attracted by the idea of working at a business with an almost 170 year history of innovation, and five global divisions, all experts in their field.

About Smiths Detection

Smiths Detection is a global leader in detection and screening technologies for the protection of people and assets, supporting safety, security and freedom of movement in today's world.

Additional Information

Smiths Detection is an Affirmative Action and Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability. Equal Employment Opportunity Posters If you'd like to view a copy of the company's affirmative action plan or policy statement, please email US HR Team hr-1@smiths-detection.com.

If you have a disability and you believe you need a reasonable accommodation in order to search for a job opening or to submit an online application, please e-mail stat@smiths.com or call toll-free 877-703-1029. This email and phone number is created exclusively to assist disabled job seekers whose disability prevents them from being able to apply online. Only messages left for this purpose will be returned. Messages left for other purposes, such as following up on an application or technical issues not related to a disability, will not receive a response. Smiths Detection, Inc. participates in the Electronic Employment Verification Program.