Description:
In this hands-on, results-driven role, the Sr. Manager, FP&A will work closely with the Sr. Director, FP&A, Segment CFO, and functional leaders to identify business priorities and implement tools to analyze, model, and evaluate performance for the Industrial Powertrain Solutions (IPS) segment. Key focus areas include revenue forecasting, backlog flow analysis, and order lifecycle tracking.
The role also supports the development of the annual 3-year Strategic Plan and partners with Supply Chain leadership to drive material savings and cash flow productivity. We're looking for someone who builds strong relationships, engages across all levels, and leverages data and analytics to deliver insights, improve processes, and enhance financial operations.
Key Responsibilities:
- Oversee the revenue forecasting process, utilizing daily, weekly and monthly data and reporting. Perform backlog flow analysis and utilize orders lifecycle tracking to better inform expected topline results. Though data analysis, identify opportunities to accelerate revenue growth for the segment.
- Lead the financial package preparation and consolidation for the annual 3-year Strategic Plan for the segment. Work with the Division finance leads to ensure consistency across Divisions and prepare the final consolidated presentation for the segment. Utilize external End Market data to develop and inform the growth rates throughout the Strategic Plan cycle.
- Partner with the business leadership to enhance visibility of the current Supply Chain and Materials Management processes and financial reporting practices to drive accountability and execution. Identify and correct data irregularities while proposing and implementing reporting enhancements.
- Lead the Trade working capital, capital expenditures and free cash flow efforts for the business, partnering with Division Finance and Operations leaders to deliver results
- Partner and connect the supply chain processes with the commercial demand plan to ensure we have an optimized inventory levels at all stages in the supply chain
- Conduct and document more complex financial and business analyses and research in areas such as financial performance, rate of return, depreciation, working capital, profitability and investments.
- Perform analysis and research including market and competitor assessment for the preparation of long range planning, operating reviews and annual operating plans.
- Prepare forecasts and analyze trends in manufacturing, sales, finance, general business conditions, profitability and other related areas.
- Conceptualize, design and iteratively build data-driven analytical models.
- Lead a small team of finance professionals as well as provide strategic FP&A guidance and support across the Segment finance organization and operating teams.
- Support M&A related financial requirements by creating comprehensive ROI models, support the business case creation for capital investments.
- Provide key analyses and recommendations on strategic and other executive projects.
- Provide ad-hoc reports for decision making and business assessments at a glance.
- Routinely and proactively conduct detailed financial analysis (minimize surprises). Report on root causes, remediation plans, and updated status.
- Drive consistency and continuous improvements in processes, and financial tools across the business
Professional Experience/Qualifications
- Bachelor's degree in Accounting or Finance
- Advanced degree and/or a CPA is strongly preferred
- Minimum of 10 years of relevant and progressive accounting / finance experience including financial leadership
- Experience working in a finance or accounting role for a company in the Manufacturing sector
- Ability to identify process or reporting irregularities and collaborate work to influence and make changes to enhance data availability and/or accuracy.
- Previous experience analyzing and improving trade working capital metrics to increase cash flow is a plus.
- Excellent communication skills, ability to quickly establish a personal brand within the organization to drive cross functional collaboration and influence resources outside one’s direct responsibility.
- Ability to focus on the overall objective for a given process while at the same time, able to dive into transactional detail where needed.
- Abilty to overcome obstacles, changing direction along the way to achieve business objectives.
- Commitment to coaching and mentoring staff to enhance the proficiency, competencies and long-term development of the team.
- Motivated by, and thrives in, a fast-paced environment with frequent ad hoc requests and changing priorities.
- Proven ability to be hands on, roll up sleeves and demonstrate resourcefulness, initiative, results-orientation. Has a mindset of continuous improvement and can embrace Regal Rexnord’s 80/20 principles.
- Strong excel skills, including excel modeling and reporting using high volumes of data, Power BI a plus
- Strong working knowledge of ERP systems; experience with SAP, One Stream, Oracle, and Hyperion a plus
Relationships:
- Direct Reports
- Division Finance Directors and Managers / Analysts
- IPS Segment Leadership & Division Operations Leaders
- Corporate FP&A Leaders and Managers / Analysts
- IPS Central Accounting team, Shared Services and Corporate Finance
Travel:
IPS segment is a Global Business. Some travel to locations is expected. Estimate ~ 5-10%
Language:
English
Benefits
- Medical, Dental, Vision and Prescription Drug Coverage
- Spending accounts (HSA, Health Care FSA and Dependent Care FSA)
- Paid Time Off and Holidays
- 401k Retirement Plan with Matching Employer Contributions
- Life and Accidental Death & Dismemberment (AD&D) Insurance
- Paid Leaves
- Tuition Assistance