Director, FP&A

JOB DESCRIPTION

What does Bendix have to offer you? Work/life balance that includes Paid Vacation & Holiday Paid Time Off 401k Plan with Company matching Retirement Savings Plan Educational Assistance Program (Tuition Reimbursement) Wellness Program and incentives Hybrid Work policy On-Site Fitness Center On-Site Cafeteria with Healthy menu options Health and Welfare Insurance Benefits that start on your 1st day of employment: Basic Life Insurance Basic Accidental Death and Dismemberment (AD&D) Insurance Short Term Disability Business Travel Accident Insurance Employee Assistance Program (EAP) Voluntary Employee-Paid Benefits: Medical and Prescription insurance Dental insurance Vision insurance Supplemental Life Insurance Plans Supplemental AD&D insurance for Employee and Family Long Term Disability Accident Plan Critical Illness Plan Hospital Indemnity Plan Legal Identity Theft and Fraud Protection Position Summary Serve as a key member of the Bendix Commercial Vehicle Systems financial planning and analysis team providing analysis to drive financial performance and achieve business objectives. Essential Functions Responsible for driving and monitoring financial performance, analyzing and interpreting operating results, investigating variances and unusual items; and evaluating their effect on operations. Drive the financial planning process for monthly forecast, annual budgeting, and five-year strategic plan. Assist with decision-making for various business processes including budgeting, forecasting, and cost reductions. Facilitate seamless communication and collaboration between central finance, business units, and plants on Budget, forecasting, and related financial processes to ensure alignment and drive operational success. Proactively identify and coach teams on potential issues before they escape the stale recurrence and ensure resolution and maintain operational uptime. Spearhead process optimization initiatives to elevate efficiency and streamline financial planning and analysis operations. Foster dynamic, two-way communication within different areas of the organization to ensure alignment and drive informed financial decisions. Proactively ensure that Strategic Planning and Budget are aligned with robust, forward-thinking plans to drive strategic financial performance. Develop and implement standardized tools, templates, and calendars for conducting comprehensive meeting reviews, ensuring streamlined financial planning and analysis processes. Deliver precise and timely financial insights and services to the business, ensuring accuracy and alignment with strategic goals. Deliver precise summaries that ensure accuracy and clarity in financial reporting and decision-making. Provide leadership accurate and timely financial and operational recommendations. Drive effective collaboration between Munich and the business, ensuring alignment and clear communication on financial strategies and goals. Ensure the precise integration of Budget data into the KB system, maintaining accuracy and consistency for reliable financial analysis and reporting. Prepare various monthly presentation packages for management reviews. Responsible for monitoring financial performance, analyzing and interpreting operating results, investigating variances and unusual items; and evaluating their effect on operations. Report results to Operations and Functional leadership along with recommendations for action. Drive the Operations/functional financial planning process for monthly forecast, annual budgeting, and five-year strategic. Lead the financial review of plant operations and make recommendations on methods to increase profits through cost and expense reductions and other improvements and improve financial performance. Knowledge Extensive understanding of financial concepts including financial statement analysis, accounting, budgeting, profitability analysis, and standard costing methodologies Solid understanding of the drivers of the business (i.e. industry volume patterns, specific customer products, customer/market mix, etc.) Skills Comprehensive financial analysis skills that enable development and evaluation of business transactions and models. Advanced Excel modeling and programming skills required. Strong leadership, communication, and presentation skills, working across multiple locations, management levels and functions within a sales corporate environment. Ability to prioritize multiple, complex, and ambiguous tasks in order to meet stringent deadlines. Motivated and proactive self-starter with a sense of urgency and results oriented. Strong project management skills including the ability to initiate, lead, and mentor projects/teams to identify root causes and corrective actions. Ability to influence both KB and Bendix management. Ability to deal tactfully and confidently with customers/personnel at all organizational levels in independent and often stressful and ambiguous situations. Ability to build and utilize teams to resolve complex problems. Ability to effectively manage a team. Strong decision-making skills; the ability to influence internal customers Experience Minimum 10 years of direct and progressive financial analysis experience in a prior manufacturing environment – prior FP&A roles required. Minimum 5 years of proven managerial experience leading a team and driving strategy in order to achieve results. Proven ability to lead teams and develop talent. Prior plant financial leadership experience required. Experience in project management and/ or financial management, including managing budgets, preparing estimates at complete and performing variance analysis. Working knowledge of IFRS and FX analysis preferred Prior experience in a multinational manufacturing company preferred. Education B.A. or B.S. degree in Finance or Accounting required; MBA preferred. Position Requirements The demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Please note: At this time, we are not able to offer immigration sponsorship for new hires. All applicants must be currently authorized to work in the United States on a full-time basis without the need for current or future employment-based visa sponsorship. Nearest Major Market Cleveland Nearest Secondary Market Akron Bendix Commercial Vehicle Systems LLC is an Equal Employment Opportunity (EEO) employer. It is the policy of the Company to provide equal employment opportunities to all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran or disabled status, or genetic information. #J-18808-Ljbffr Knorr Bremse Group