• Finance Director, Energy Power Technologies

    Location US-IL-Northbrook
    Job ID
    2019-11965
    # of Openings
    1
    Job Category
    Accounting/Finance
  • Overview

    Contribute to a Safer, More Secure, and More Sustainable World. At UL, we know why we come to work. Thousands of us around the world wake up every day with one common purpose – to make the world a safer, more secure, and more sustainable place to live. We clear the way for our customers to introduce the latest products, technological advances, and systems in an increasingly complex world so they can provide peace of mind to the market. Our integrity is woven throughout our company and shapes the way we approach and deliver our solutions. We are proud that the work we do every day has a meaningful contribution to society. We continue to build upon our legacy of trusted expertise and partnership to keep our communities safe and secure as we march forward into the future. This helps us to sleep better at night, and we are confident that the millions of people we touch rest easier too.

     

    UL is the world’s leading product and device-testing, validation and safety company. We are a Service Company with a focus on providing our Client’s with a high degree of value. We work with the biggest technology and product brands in the world to ensure their products meet industry specifications in a global marketplace that has growing complexity and a tough regulatory environment. Our clients’ success in the global marketplace is our success.
    With more than a century of expertise innovating safety solutions from the public adoption of electricity to new breakthroughs in areas such as sustainability, renewable energy, mobile payment security and nanotechnology, UL helps safeguard people, products and places in important ways, facilitates trade and provides peace of mind. UL is composed of several global Business Units and more the 15 distinct Divisions where we employ more than 14,000 professionals in over 100 countries.

    Responsibilities

    Focusing on growth and value, the Finance Director will provide strong business support with a focus on helping a business provide high client value, recommendations on operational efficiencies and improvement and provide decision support via good business and analytical acumen. This is a global role and will be working alongside the BU, Regional or Divisional VP & GM, and reporting to BU VP Finance.  The Finance Director will be an exceptional leader and will be hands-on with the business’s finances and will be commercially aware, advising on the best path for growth.

     

    The role will have control and responsibility for all aspects of the business’s financial analyses and is expected to implement recommendations to improve financial performance and profitable outcomes.

     

    Managing and leading a team through challenging responsibilities including MD&A, budgeting, projections, and capital investment analysis, the Finance Director will have excellent communication skills with all levels of staff and will work with various departments to help them plan and manage their own budgets and improve their financial outcomes.

    There will be periods of change and growth and the Finance Director will have a critical role in coordinating with Corporate and BU Finance and managing within company policies regarding capital investments, inorganic growth, post investment evaluations and special projects including system implementations and process improvement.

     

    JOB RESPONSIBILITIES

    • Form a close working relationship with the Division’s Business Leaders including General Managers, Operational and Functional leaders
    • Provide leadership to the Division to optimize their financial performance.
    • Contribute to the development of financial metrics in the implementation of the business’s strategy across all areas and challenging assumptions as appropriate and providing financial analysis and guidance on all activities, plans, targets and business drivers.
    • Ensure the financial processes are robust, compliant and support current activities and future growth.
    • Lead and develop finance team members.
    • Work with business leadership to grow the business, formulating plans that accomplish their strategic goals.
    • Be prepared to present analyses and findings to BU and Business leadership.
    • Establish a high level of credibility and strong working relationships with internal and external parties including leadership and clients.
    • Assists with the creation of market analysis, pricing strategy and assists with M&A activities ensuring growth targets are met. Leads review and approval of capital expenditures.
    • Responsible for developing annual budgets, projections and Annual Business/Revenue Summit.
    • Provide leadership and guidance to Division Leadership Team to ensure a high level of customer and satisfaction and profitable business performance.
    • Works across divisions and regions on shared objectives to meet profitable growth.
    • Working with Corporate and shared service accounting for all division related matters.
    • Working with Division GM and BU Finance VP on Long-Range Planning, Financial Planning & Analysis, Compliance with Corporate Accounting and Internal Controls, and other related financial activities.
    • Assist in the development of new or expanded services.
    • Coaching/Training/Developing division staff on Business Acumen/P&L Management.

    Qualifications

    • Advanced University Degree in finance and accounting or equivalent Professional qualification such as CPA. CMA or CA.
    • Qualified member of an accountancy body or holder of an equivalent qualification.
    • At least 8 years+ of finance experience in a large international multi-currency company, of which minimum 3 years in a leadership position, preferably having managed a finance / administrative group either as a senior finance manager, finance director or controller.
    • Experience in maintaining a strong control environment, applying GAAP and/or IFRS (or local equivalent) rules.
    • Strong technical skills in finance, accounting, budgeting and cost control, including standard costing, variance analysis and service / product line profitability. Preferably in complex matrix organizations.
    • Extensive knowledge of accounting, financial planning, reporting and analysis, acquired through related work experience in increasingly complex roles.
    • Excellent financial modeling skills, strong technical accounting and financial reporting skills and knowledge.
    • Superior quantitative and analytical capabilities with Advanced Excel and PowerPoint skills; Strong financial systems capabilities for e.g. HFM, CMR, SAP or similar.
    • Experience with M&A and integrations a plus.
    • Public Speaking and Presentation skills to medium and large sized groups.

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