Fossil Services CFO (m/f)

Job Description SummaryWho We AreAt Steam Power we are used to change and have been continuously adapting to respond to the to the many factors shaping our industry. Change is how we keep pace with the world around us and ensure our long-term sustainability. To achieve this requires us adopting a strong services mindset that becomes the very DNA of Steam Power. As a result, we have become more of a services organization.We believe our success in large part will depend on us being as diverse of a team as our customers and regardless of our role, every one of us can contribute to making Steam Power the service provider of choice by customers around the globe.Job DescriptionFossil CFO is responsible for providing overall finance leadership in the formulation and execution of business strategy for Fossil Service P&L.  In line with the announced Steam Power structure, this future role will functionally report to CFO of Steam Power Systems and operationally to the General Managers of the Fossil Service P&L.Essential ResponsibilitiesPartner with General Management and Steam Power Finance staff to define and execute business strategy, drive financial and operational performance of the Fossil segment.Support General Management in development and deployment of the strategy, responding to external environment, identifying priorities for the business and driving change across organization.Lead strategic planning, budgeting and forecasting cycles, as well as performance pacing throughout the quarter to take timely corrective actions.Ensure appropriate set of KPIs is in place to monitor and drive performance of the business.Provide business performance analytics to identify financial trends, assess segments performance and communicate it to various audiences across the business.Drive focus on projects cash flow and working capital to ensure optimized cash position for the company.Ensure appropriate footprint for the segments, drive optimal performance of manufacturing, field service and operations within segment.Drive financial performance improvement initiatives throughout business (cost reduction, working capital improvement, mix management, pricing, inflation management, productivity, etc.), recommend and support execution of the actions.Ensure accuracy and integrity of the segment financials, including P&L, Balance Sheet and Cash Flow Statement.Drive excellence in controllership (e.g., adherence to GE policies, transfer of best practices, internal controls, etc.) and compliance.Deploy strong governance on project accounting, act as a guardian of the project review process to ensure SoX compliance in terms of documentation and process rigor.Ensure key processes and controls are in place to support a world class financial operation. Drive enhancement of Finance tools and process improvement.Lead, retain and develop the finance talent in the organization.QualificationsDeep and broad experience in managing Finance function of a business unit / division.Strong technical finance acumen, including in-depth knowledge of US GAAP accounting, controllership principles, financial reporting and analysis.Experience in Project Controlling and practical experience with ASC606 Revenue Recognition Standards.In depth knowledge of SAP.Experience in working in an international business environment and highly complex matrix organizations. The successful candidate must have demonstrated the ability to achieve results in a complex, multi-geographical, and matrixed organizations.Proven ability to lead and influence globally dispersed teams, achieving organizational focus on key priorities, providing clear direction, actively communicating, and driving performance.Solid understanding of key operational disciplines, including project management & planning, sourcing, contract management, engineering, construction & commissioning, tax and legal.Proven ability to drive change, including tactical planning, change management, coordination across the organization and results monitoring.Presence, clear thinking, and communication skills to establish positive relationships at all levels and across functions of the company. The successful candidate must have demonstrated the ability to lead cross-functional projects or initiatives.Bachelor's degree or MBA in Finance from an accredited university or college or equivalent knowledge / experience.Fluent in English.Desired qualifications:Clear thinking and problem solving: ability to clearly link financial results to operational performance drivers, generating alternatives and driving positive change.Prioritization skills: proven ability to prioritize effectively and drive performance of the organization.Excellent communication skills: ability to clearly communicate financial results, issues and strategy to various audiences and levels in the organization.Confidence/Assertiveness: strong leadership and influencing skills.Resilience/Adaptability: being open to change in response to new information and in different or unexpected circumstances.Integrity: accepting and adhering to high moral, ethical, and personal values in decisions, communications, actions and when dealing with others.Additional InformationRelocation Assistance Provided: YesJob SummaryJob number: R3722900Date posted : 2023-07-28Profession: FinanceEmployment type: Senior Level