Financial Planning and Analysis Manager
- Minneapolis, MN
ABOUT SICK:<br>SICK is a leading global provider of intelligent sensors, systems, and services for factory, logistics, and process automation applications. With more than 1,000 patents, innovation and technology are at its core. This focus on innovation and “Sensor Intelligence” have allowed SICK to develop products for every phase of production in the automotive, packaging, electronics, food and beverage, consumer goods, storage and conveyor, robotics, material handling, oil and gas, chemical, power, maritime industries and more. In addition, SICK’s focus on Sensor Intelligence allows us to make Industry 4.0, or the Industrial Internet of Things, a reality for their customers.<br>POSITION SUMMARY:<br>This position is responsible for every aspect of financial planning & controlling for the US SICK sales organization: including annual budget planning, multi-year strategic planning, monthly variance analysis & root cause identification/tracking and forecasting results. Net sales and margin management are a key aspect of the role and working with senior leadership of the organization to understand results and upcoming business. Establishing operating expense budgets, monitoring them and providing any actions needed to stay on budget is an important aspect. This position is a critical partner to the CEO and President positions of the organization.<br>RESPONSIBILITIES:<br><strong><em>Planning and Controlling:</em></strong><br><ul><li>Develop team members through coaching and mentoring resulting in a high performing team.</li><li>Lead annual budget planning and prepare monthly forecasts including Revenue, Margin and Costs. </li><li>Accountable for the implementation and execution of internal controls.</li><li>Monitor performance and determine improvement areas by developing/managing key performance indicators for critical department metrics.</li><li>Responsible for creating and enforcing required counter measures, action follow-up and tracking of initiatives</li><li>Develop a detailed understanding of the various types of sales activities and build relationships to actively manage.</li><li>Collaborate with the Controller for projects, Project Managers (PM’s), Project Analysts, procurement and engineering to support development and maintenance of monthly project cost forecasts.</li><li>Coordinate financial reviews with senior leaders and management board to ensure proper support for sales/order management, expense management, pricing, margin and working capital management, as well as forecasts.</li><li>Develop relationships with finance & controlling team in global headquarters and actively work with them to drive additional transparency in financials.</li><li>Collaborate with the Credit and Collections team to optimize Days Sales Outstanding (DSO) by managing cash collection and payment terms</li><li>Understand and support all aspects of the daily operations by working with the accounting team on topics including invoicing, accounts payables, and accounts receivables.</li><li>Partner with legal department to facilitate effective contract negotiations with customers</li><li>Analyze quotes and tracking of new business opportunities to mitigate effectively legal, credit and financial risks</li><li>Support to financial reporting, accounting, and project financing requirements.</li><li>Ensure Accounting Rules and Procedures are followed, including proper costing of project business.</li><li>Participate in annual audits.</li><li>Carry out other duties and responsibilities as may be assigned or required.</li></ul><br>QUALIFICATIONS:<br><strong><em>Education and Experience:</em></strong><br><ul><li>Bachelor’s degree in Finance, Accounting, Business Administration or similar field of study.</li><li>MBA in Accounting or Finance and/or Designation of CPA or CMA preferred</li><li>Five (5) years of financial experience preferably in sales management.</li><li>Five(5) plus years of leadership experience</li><li>Experience or exposure with risk management policies and procedures.</li><li>SAP experience or similar.</li><li>Business Intelligence (systems), Business Objects or similar type of data extraction.</li><li>Microsoft Excel – Intermediate to Advanced.</li><li>Comprehensive understanding of generally accepted accounting principles or international financial reporting standards.</li></ul><strong><em>Other Qualifications:</em></strong><br><ul><li>Experience summarizing results and producing management reports</li><li>Strong oral and written communication skills, including excellent presentation skills</li><li>Outstanding attention to detail and adherence to project deadlines</li><li>Team leadership experience.</li><li>Good verbal and written communication skills; managerial skills; organizational skill to identify priorities, and meet deadlines; computer skills in identifying flow of transactions.</li><li>Legally permitted to work in the United States</li><li>Able and willing to work alternative schedules including weekend, and on-call hours as needed.</li><li>Able to work in a general office environment.</li></ul>CORE COMPETENCIES:<br>Ethics and Integrity Personal Growth and Learning, Customer Focus, Personal Accountable, Building Effective Relationships<br>If you thrive in a fast-paced, team-oriented work environment that offers challenges and the opportunity for growth, we’re the place for you! SICK has several locations throughout domestic US and offers competitive wages and an excellent benefits program. Qualified candidates can apply online by clicking the “Apply Online” button. Visit us at <a>www.sickusa.com</a>.<br>Affirmative Action (AA)/Equal Opportunity Employer (EOE) M/F/D/V
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