Basic Function
The VP Finance, CP&ESG CPM reports directly to the EVP Finance CP&ESG. Oversees the financial operations and strategy for CPM. This role involves managing financial planning, analysis, and reporting, ensuring compliance with regulatory requirements and WK practices and policies, and supporting strategic initiatives to drive business growth.
The VP Finance provides counsel to the Business Unit Executive Team regarding operations management in the Business Unit's diverse and geographically dispersed operating locations.
Essential Duties and responsibilities
1. Financial Strategy and Planning: Develop and implement financial strategies to support the business objectives of CPM. Lead the annual budgeting and forecasting processes.
2. Financial Reporting: Oversee the preparation and presentation of accurate and timely financial reports, including monthly, quarterly, and annual financial statements.
3. Risk Management: Identify and manage financial risks, ensuring robust internal controls and compliance with all relevant regulations and policies.
4. Manage Multiple P&Ls: Oversee and optimize financial performance across diverse geographic markets and multiple profit and loss statements, ensuring tailored strategies align with local market dynamics.
5. Global Financial Oversight: Provide comprehensive financial oversight and support to international operations, ensuring alignment with corporate objectives while addressing regional challenges and opportunities.
6. Business Partnering: Collaborate with senior management and other departments to provide financial insights and support decision-making processes.
7. Cost Management: Monitor and control costs to ensure efficient use of resources and alignment with financial goals.
8. Investment Analysis: Evaluate potential investments and strategic initiatives, providing financial analysis and recommendations to support business decisions. .
9. Capital Allocation: Forecasts capital requirements and resource allocations. Identifies and analyzes capital sources and tradeoffs. Helps the organization make resource allocation decision using classic financial analyses such as ROI and DCF/NPV
10. Stakeholder Management: Maintain strong relationships with key stakeholders, including external auditors, regulatory bodies, and financial institutions.
11. Cross-Functional Collaboration: Foster collaboration among regional finance teams to drive consistency in financial reporting and performance metrics across all operating units, facilitating knowledge sharing and best practices.
12. Strategic Market Insights: Analyze financial performance and market trends in various geographies to provide insights that inform strategic decision-making at the corporate level.
13. Leadership and Vision: Provide the leadership and vision necessary to generate year-over-year growth in revenue, EBITA, and cash.
14. Review and Preparation: Prepare and review VSP, business cases, budgets, LE forecasts, and acquisition proposals.
15. Timely Reporting: Ensure timely and accurate preparation of annual budget, strategic planning, and monthly revenue, expense, and EBITA reports. Manage annual group and statutory audits; work with Corporate Tax and Legal to ensure compliance in these areas
16. Control Environment: Oversee and improve the (international) control environment, helping to ensure that all financial and accounting policies and procedures, signing authorities, and other control systems are up to date, communicated, and complied with.
17. Organization/team: Develops and maintains appropriate financial organization. Establishes standards for performance and assure that financial personnel are properly directed and qualified to fulfill their job responsibilities. Develops staff through continued learning and development and cross training of personnel to ensure growth in capability of the finance resources and a solid succession plan for the finance organization
Other Duties
Performs other duties as assigned by supervisor.
Job Qualifications
Education:
Minimum: Bachelor’s Degree in Business, Finance, or related discipline
Preferred: Master’s Degree in Finance, Business Administration, or related discipline
Experience:
Minimum Experience: 15 years FP&A experience with a min 10 years leading teams and responsibility for financial operations for a revenue line of business
18. Able to meet all priorities and deliverables within a matrixed organizational structure
19. Ability to balance priorities of managing and inspiring teams of people, projects of varying complexity, and the daily operations of the business while maintaining focus on the work that is most critical to success
20. Completing highly complex, long-term projects involving multiple disciplines or divisions to ensure strategic goals and corporate vision are achieved is also required.
21. Using financial and operational analysis and insight development to improve business performance and profitability
22. Effective business advisory and influencing skills while working across a variety of functions, business units, and geographies
23. Proven track record of managing financial operations across multiple geographic regions, with a deep understanding of local regulations and market conditions.
24. Extensive experience in financial strategy development that accommodates diverse business models and P&L structures, ensuring sustainable growth in various markets.
25. Familiarity with currency management and foreign exchange risks associated with operating in international markets.
26. Demonstrated excellence in managing finance, accounting, budgeting, control, and reporting, preferably in a multi-national environment..
27. A collaborative leader and effective communicator with strong written and oral skills.
28. Strong commitment to developing team members.
29. Highly developed executive presence with strong collaboration skills; able to articulate a value proposition and secure buy-in and support from senior executive leadership, peers, and staff
Other Knowledge, Skills, Abilities or Certifications
Minimum:
· Expert in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook). Familiarity with SAP.
· Must be capable of multitasking, prioritization, decision making and able to manage multiple systems, data sets and priorities
Other Knowledge, Skills, Abilities or Certifications: (First list requirements, followed by preferences.)
Travel requirements
Up to 20% overnight travel required
Physical Demands
Normal office requirements. The position will involve inflexible deadlines and numerous ad-hoc requests. Overtime may be required on a regular basis to complete assignments and meet key deadlines.