Financial Business Partner

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John Crane, a business of Smiths Group, is a global leader in mission-critical flow control solutions for energy and process industries that enable efficient and sustainable operations. Our products include mechanical seals and systems, couplings, bearings, filtration systems, and predictive digital monitoring technologies.

We have a global network of more than 200 sites in over 50 countries and employ more than 6,000 people worldwide. We partner with our customers to help them keep their operations safe, reduce downtime, improve efficiency, and meet the latest environmental standards.

John Crane is part of Smiths Group. For over 170 years, Smiths has been pioneering progress by engineering for a better future. We serve millions of people every year, helping to create a safer, more efficient, productive, and better-connected world across four global markets: energy, security & defense, space & aerospace, and general industrial. Listed on the London Stock Exchange, Smiths employs approximately 16,000 colleagues in over 50 countries.

Job Description

Finance lead for US Operations, covering ten, US manufacturing facilities in Morton Grove, Crystal Lake, San Fernando (US financials only), John Crane Diamond, Tulsa. Reporting into the Global Operations Finance Controller, the individual is a key member of the US Operations Management Team, having overall responsibility for all US operational finance processes, as well as supporting the Global Manufacturing Director for Americas.

Key Responsibilities

• Financial Operations:
  Ensure the US Operations Management Teams are provided monthly financial results and financial insight discussed in monthly financial review meetings that enable them to focus on decision making to maximize labor utilization, control costs & the impact to trading profit.
• Overall responsibility for all US Operations financial planning processes (monthly reforecasts of critical data and budgets), including the engagement of the key operations stakeholders.
• Robust and consistent cost control through oversight of the standard costing structure applied across the facilities with clear understanding of monthly variances giving rise to under/over absorption within Operations.
• In conjunction with Regional and US Operations Management support the US inventory reduction plan and work with each facility to improve variances of performance against the plan.
• Manage annual standard cost update process that is more complex and time consuming than SAP. Ensure updated standard costs are completed and approved by end of the fiscal year and the update to production is completed by end of the 2nd week of new fiscal year.
• Ensure proper collaboration with Mexico Shared Service team that supports activities directly impacting US monthly financial reporting that drives accurate data and targeted completion deadlines for reporting.
• Manage and develop the US Operations Finance Teams.

Business Strategy

• Finance business partner to the Global Manufacturing Director of Americas - providing financial insight and analysis to support business strategy and decision-making. Collaborating regularly to engage on projects/performance and the alignment on how information is communicated to the Operational teams.
• Oversight of finance relationships with Operations Management of all ten operational facilities with a greater emphasis on the Pasadena and Morton Grove facilities given the size and volume of activity that takes place in these two sites. (US financials only).
• Ensure the regular review of all aspects of the manufacturing and assembly operations to monitor KPI’s to drive performance and identify areas requiring greater focus.
• Support ad-hoc John Crane initiatives, projects, or M&A activities including integration and information requests as directed by the Global Operations Finance Controller.
• Overall responsibility for ensuring that all aspect of US Operations finance are compliant with policies and process, including: commercial projects, such as investment proposals and…