Finance Director
Woodward, Inc6 months ago
Campus, IL, United States
Hybrid
Full-time
Junior Level (1-3 years)
Job Description
Position Overview
Woodward is dedicated to creating a great workplace where integrity, respect, accountability, and ethical standards are paramount. Our Industrial Automation Solutions (IAS) Business Unit (BU) is seeking a Finance Director who will serve as the finance business partner to the IAS BU General Manager with full P&L responsibility while also overseeing all financial activities for the European region. This is a unique opportunity for an experienced Finance Professional to drive strategic growth and process improvements in a global engineering solutions provider.
Primary work location is Stuttgart (Germany); other Woodward locations with frequent travel to Germany will also be considered.
Key Responsibilities
- Provide overall financial support and guidance to the IAS BU General Manager with full P&L responsibility.
- Partner with the extended management team to develop a fact-based, long-range strategic plan and implement initiatives to substantially grow the business.
- Oversee annual budgeting, quarterly forecasting, monthly management reporting, and weekly pulse and variance analysis; lead monthly financial reviews with the IAS team.
- Improve BU P&L forecast accuracy by implementing standard work practices and spearheading business process improvements.
- Work closely with the Product Lines team to model service growth potential and understand the integrated lifecycle profitability.
- Enhance reporting on orders pipeline, conversion metrics, win/loss data, order intake, and backlog for the IAS BU.
- Support project contract negotiations including contractual milestones, project cash flow, payment terms, and related commercial finance items, collaborating with the Industrial Commercial Finance Director.
- Assist with the upcoming SAP rollout and new consolidation tool implementation (Tagetik).
- Manage and coach a team of financial analysts to achieve performance expectations and support career progression.
- Leverage best practices across European sites and serve as the senior finance leader for escalated business issues.
Required Qualifications
- 7-10 years of financial leadership experience managing a Business Unit P&L with a progressively responsible career in finance.
- Bachelor’s degree in finance, accounting, or business.
- Strong understanding of general accounting principles and cost accounting.
- Proficiency in business reporting tools such as Power BI.
- Ability to work cross-functionally in a highly matrixed global team with a process improvement mindset.
- Fluency in English.
Preferred Qualifications
- Experience in FP&A, Manufacturing Finance, or Commercial Finance within a global manufacturing or engineering service company.
- German language proficiency.
Benefits & Perks
- Compensation: Estimated annual base pay of $173,000 (minimum) - $207,000 (midpoint) - $242,000 (maximum).
- Annual Cash Bonus Opportunity for all members.
- 401(k) match (4.5%).
- Annual Woodward stock contribution (5%).
- Tuition reimbursement and Training/Professional Development opportunities.
- 12 paid holidays, including floating holidays.
- Industry leading medical, dental, and vision insurance upon date of hire.
- Vacation, sick time, vacation buy-up, short term disability, and bereavement leave.
- Paid parental leave and adoption assistance.
- Employee Assistance Program including mental health benefits.
- Life & AD&D, Long Term Disability, Member Optional Life, and spouse/child coverage options.
- Optional benefits including healthcare and dependent care flexible spending, home/auto insurance discounts, whole life insurance, critical illness insurance, legal assistance, and military leave.
Required Skills
Power BI
Financial Leadership
SAP Implementation
Financial Reporting
P&L Management
Forecasting
Budgeting
Cross-functional Collaboration
Cost Accounting
Process Improvement