Head of Finance, Americas

Company Overview

We are a global specialist engineering company that creates breakthrough solutions. We are curious and like to solve problems, partnering with our customers to solve the demands of today and prepare for the challenges of tomorrow. We embrace innovation and care about outcomes that are good for business, everyday life and making a better world - creating lasting impact for everyone.

We design, build and service highly engineered products in fluid and motion control applications. We focus on five market sectors:
Industrial Automation, Process Automation, Climate Control, Life Science and Fluid Control, and Transport. Our partnership approach breaks through problems and reduces complexity. We don’t invent in isolation - we collaborate with our customers. We listen closely and we think differently, creating space for diverse minds to innovate. We are working together to make businesses safer, more sustainable and more productive.

The Finance Director is responsible for the day-to-day financial activities of the organization and supports and advises the Climate Control Americas Management Team on the financial strategy and requirements.

Hybrid (two days on-site minimum).

• Proven experience as director of finance or similar role
• Partner with commercial and executive team to drive commercial decision making and strategy.
• Trusted advisor to the executive team to provide financial expertise and support business planning by providing financial analysis and modelling.
• Identify and measure key success drivers
• Lead and mentor teams for ongoing professional growth throughout the site

• Work with management to produce annual forecasts and budgets that will achieve Climate Controls business objectives.
• Support development and implementation of strategic objectives and targets through strategy deployment process
• Develop and maintain the ongoing strategic plan including proformas, capital spending, and resource allocation plans.
• Identify, plan and implement strategic improvement projects.

• Comply with all financial reporting and audit requirements ensuring that all group and statutory reporting deadlines are achieved.
• Prepare and submit monthly financial accounts and associated analysis.
• Work with other departments to ensure the integrity of all numbers collected at month end through the central reporting system

• Implement continuous and comprehensive financial control in accordance with IMI Guidance.
• Through implementation of appropriate system of authorities and approvals ensure that budgets for revenue and capital spend are not exceeded.
• Ensure appropriate control is in place over cash transactions.
• Support evaluations of new business and contract reviews to ensure margins and overall financial returns meet objectives.
• Ensure appropriate accounting for stock including monthly reconciliation between book and physical stock. Ensure stock take procedures and valuation complies with IMI requirements.

• Prepare monthly management accounts to include profit performance, sector sales performance by customer / gross margin, detailed gross margin analysis by item group, overhead spend analysis by cost center, summary bridge vs. plan.
• Support monitoring of performance against strategic targets using Bridges, Cognos, and cost center actual vs. budget reports.
• Ensure results are clearly disseminated to all leadership group.

• Oversee all aspects of sales and purchase ledger to ensure efficient transaction processing and continuous improvement of processes.
• Work with AR department to ensure effective credit control and collections to meet DSO and % past due objectives for the business.
• Ensure employee expenses / credit card spend is correctly controlled and accounted for.
• Ensure cashbook is correctly administered and that all key control accounts are fully reconciled on a monthly basis.

• Responsible for accurate and timely submission of information to IMI, including quarterly and annual filings.
• Work with the Human Resources department to ensure…