Regional CFO - North America

The Job Responsibilities

Position Summary

The regional CFO provides leadership and direction to the Finance & Controlling, IT and Facilities team in North America and reports, as a member of the North American Leadership Team, the North American Compliance Committee, and the Regional Governance Board to the regional CEO.

Key Responsibilities

Financial Strategy and Planning

• Develop and execute financial strategies aligned with Draeger's corporate objectives and growth plans.

• Coordinate the overall planning process (in line with Group planning guideline / instructions) for the Region and its subsidiaries incl. required alignment between Region and Divisions.

• Lead financial modeling efforts to optimize financial performance.

• Prepare strategy decisions and implement strategy projects as assigned.

Financial Management

• Oversee the FP&A (financial planning & analysis) functions.

• Provide financial analysis and insights to support business decisions and drive operational efficiency.

• Evaluate investment opportunities, partnerships, and revenue-generating initiatives.

• Drive cost management and optimization.

• Monitor KPIs, financial metrics and initiatives to achieve budget and midterm plan.

• Provide timely and accurate financial reports assisting decision making process.

• Ensure timely and accurate payroll process.

• Track and manage required cash flow.

• Identify and implement tax efficient initiatives.

Business Support

• Participate in and support regional and country strategy design, formulation, implementation and review in close collaboration with the regional leadership team under the leadership of the Regional CEO.

• Provide financial/commercial support/advise to set-up new businesses, launch new products or business divesture activities.

• Provide internal and external benchmarking as appropriate.

• Provide financial/commercial advice in project and large tender business, e. g. clarification of commercial conditions and their impact on profitability, support in contract structuring etc.

• Interface with other organizational units to ensure availability of relevant financial data as well as support the alignment among the functions.

• Harmonize and improve business processes where possible and reasonable.

Compliance and Regulatory Oversight

• Ensure compliance with financial regulations and reporting requirements.

• Ensure proper functioning of all accounting and finance systems, databases, and software.

• Review and ensure application of appropriate internal controls and financial procedures.

• Closely collaborate with the Managing Directors on the set-up and maintenance of authorization schemes such as delegation of authorities for the country organizations.

• Stay updated with industry trends and regulatory changes affecting the Draeger's financial operations.

• Ensure tax preparation of all Draeger entities in North America.

• Support the corporate tax function in the implementation of cross-border requirements.

• Work with Human Resources, Legal & Compliance and Senior Management to ensure appropriate compliance and governance.

Risk Management

• Ensure the set-up and maintenance of an appropriate risk management system.

• Ensure a risk reporting according to the existing guidelines.

• Support and monitor the execution of countermeasures in to mitigate risks.

• Develop and implement risk management strategies to safeguard financial assets and reputation.

IT Strategy and Management

• Provide oversight and strategic direction to the regional IT department, ensuring efficient, effective, and secure IT services and tools in alignment with our corporate IT strategy.

Facility Management

• Strategize and coordinate facility management activities for all North American Draeger sites in close cooperation with local Site Managers and Corporate Real Estate.

Your Qualifications

Qualifications

• Proven experience as a CFO or senior financial executive in the manufacturing and or sales & service industry with at least ten years in leadership roles.

• Master's degree (MBA) or the equivalent in Accounting, Finance, or relevant field.

• Fifteen or more years of professional experience with at least ten years in Finance and Accounting management.

• Strong understanding of financial modeling, forecasting, and budgeting techniques.

• Excellent analytical and problem-solving skills with a keen attention to detail.

• Advanced proficiency in financial software and ERP systems.

• Ability to communicate complex financial information effectively to non-financial stakeholders.

Professional Attributes

• Strong leadership, intercultural awareness, and cross functional team management skills.

• Strategic thinker with a proactive problem-solving approach.

• Strong analytical skills.

• Strong business acumen and negotiation skills.

• Proficient communication and convincing presentation skills.

• Project management skills.

• Ability to thrive in a dynamic, fast-paced environment.

• Ethical and transparent conduct in all dealings.

• Commitment to continuous improvement and professional development.