Business Unit Finance Director - Wabtec Bus Solutions

Wabtec

  • Buffalo Grove, IL
  • $117,900-168,000 per year
  • Permanent
  • Full-time
  • 2 months ago
It’s not just about your career or job title… It’s about who you are and the impact you will make on the world. Because whether it’s for each other or our customers, we put People First. When our people come together, we Expand the Possible and continuously look for ways to improve what we create and how we do it. If you are constantly striving to grow, you’re in good company. We are revolutionizing the way the world moves for future generations, and we want someone who is ready to move with us.Who will you be working with?Are you passionate about driving excellence while ensuring the highest standards of financial reporting and oversight in a Fortune 500 manufacturing company? We are seeking an experienced Director of Finance to join our team and lead our financial reporting and oversight activities. In this position, you will play a pivotal role in developing, implementing and maintaining financial oversight of Wabtec Bus Solutions business activities while partnering with the business unit leadership team on development and execution of both Strategic and Operating Plan initiatives.Compliance, Accounting and Controlling of the BU and its allocated Operating Units.The BU Finance Director directly manages the Bus BU Finance team and is responsible for all Finance and Controlling activities relevant to the Bus Business unit. The Finance Director ensures that all activities listed below are performed on time, on quality and in full compliance with applicable laws and Wabtec rules. He / she arbitrates open questions related to Accounting and Controlling, escalating to Transit CFO where needed.How will you make a difference?
  • Lead the Budgeting and financial component of the Strategic Planning (STRAP) processes
  • Monthly USGAAP reporting in OneStream
  • Quarterly closings, including coordination of key closing activities in coordination with Transit and Wabtec Corporate
  • Development & Updating of Excel based financial management tools including Sales & Margin forecasts, P&L forecasts, and related tracking and monitoring tools on a monthly basis or as needed
  • Preparation and distribution of daily/weekly/monthly reports required by Corporate, BU Leadership, Operations, and/or other internal functions as requested
  • Responsible for product costing and annual manufacturing rate updates with comprehensive analysis of YoY changes
  • Prepare and review discounted cash flow analysis of all Capex and other BU investment proposals
  • Yearly closing of local books including all required submissions and narratives
  • Compliance with US GAAP, SOX and Wabtec Group & Corporate policies
  • Cash collection and optimization, working capital improvement – directly and via shared services-based entities
  • Tax planning and tax reports, in collaboration with HQ
  • Banking facilities and all treasury matters, in collaboration with HQ
  • Link with external stakeholders: tax authorities, banks, auditors, local authorities, employees’ representatives, and other entities where applicable
  • Link with Group sister companies on financial and administrative matters
  • Link with Transit and Corporate on various Finance initiatives
  • Internal Audits, implementation and follow-up of action plans
  • Business Partnering with the BU Vice President and Senior Staff
  • Day-to-day support to review, pilot, forecast performance of the BU and its OUs
  • Conducting ad ’hoc analysis to support the BU strategy and projects, and/or upon request of the BU VP
  • Represent the BU VP when absent from meetings with Business Group or Corporate
  • Review and challenge Operating Units performances
  • Present the BU monthly performance to Transit Group management, alongside the BU VP. Ensure a fair view of the BU financial performance is presented. Provide adequate insights to Business Group CFO
  • Support BU VP in development and implementation of performance improvement plans including margin improvement plans or other KPI improvement plans
  • Management and development of the Finance team and processes within the BU
  • Daily management of a team of seven finance personnel (General Accounting, Cost Accounting, FP&A) and shared services entities supporting Collections (A/R) and Payables (A/P) related activities
  • Ensure the level of the Finance teams is adequate within the BU (quantity and quality).
  • Ensure the Finance team makes regular progress improvements (training, ERP improvements, process improvements, recruitment plan, etc.).
  • Support with M&A and joint-venture projects, financial integration of newly acquired companies, where applicable
What do we want to know about you?
  • 10 years finance experience working in a managerial position, plus 10 years of practical experience in public accounting and manufacturing-based business environments
  • Bachelor’s degree in accounting, finance or equivalent. CPA designation. MBA a plus
  • Strong leadership skills to manage the Finance team and interact efficiently with Sr. Staff and all stakeholders.
  • Success as a “Hands On” working manager that can deliver content as well as produce through management of the team.
  • Proven Capabilities implementing Process improvements and automation to drive functional efficiency.
  • Experience with fully integrated ERP systems - Oracle R12 (or similar software), including OneStream or similar reporting systems such as HFM
  • Strong Microsoft Office computer skills – Advanced Excel (Pivot tables, VLOOKUP’s, Macros, etc.), Word, Outlook, PowerPoint. Power BI a plus.
  • Ability to prepare well-constructed spreadsheets demonstrating a high degree of financial acumen and visual appeal
  • Demonstrated initiative and ability to work independently with minimal daily direction from management to accomplish objectives and deadlines.
  • Excellent communication skills, detail oriented and flexible.
  • A sense of urgency with the ability to meet communicated schedules and deadlines.
  • Adherence to policies, procedures and strong knowledge of GAAP and SOX requirements
  • Demonstrated ability to work on multiple projects simultaneously
  • Flexible and adaptable, with a hands-on, rollup the sleeves attitude
Our job titles may span more than one career level. The salary range for this role is between $117,900.00-$168,000.00The actual salary offered to a candidate may be influenced by a variety of factors, such as: training, transferable skills, work experience, education, business needs, market demands and work location. The base pay range is subject to change and may be modified in the future. More information on offered benefits, which include health, welfare, and retirement, are available at . Other benefit offerings for this role may include an annual bonus, if eligible.Who are we?Wabtec Corporation is a leading global provider of equipment, systems, digital solutions, and value-added services for freight and transit rail as well as the mining, marine, and industrial markets. Drawing on nearly four centuries of collective experience across Wabtec, GE Transportation, and Faiveley Transport, the company has grown to become One Wabtec, with unmatched digital expertise, technological innovation, and world-class manufacturing and services, enabling the digital-rail-and-transit ecosystems.Wabtec is focused on performance that drives progress and unlocks our customers’ potential by delivering innovative and lasting transportation solutions that move and improve the world. We are lifelong learners obsessed with making things better to drive exceptional results. Wabtec has approximately 27K employees in facilities throughout the world. Visit our website to learn more!Our Commitment to Embrace Diversity:Wabtec is a global company that invests not just in our products, but also our people by embracing diversity and inclusion. We care about our relationships with our employees and take pride in celebrating the variety of experiences, expertise, and backgrounds that bring us together. At Wabtec, we aspire to create a place where we all belong and where diversity is welcomed and appreciated.To fulfill that commitment, we rely on a culture of leadership, diversity, and inclusion. We aim to employ the world’s brightest minds to help us create a limitless source of ideas and opportunities. We have created a space where everyone is given the opportunity to contribute based on their individual experiences and perspectives and recognize that these differences and diverse perspectives make us better.We believe in hiring talented people of varied backgrounds, experiences, and styles… People like you! Wabtec Corporation is committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or expression, or protected Veteran status. If you have a disability or special need that requires accommodation, please let us know.

Wabtec