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Woodward, Inc. · 4 hours ago

Senior Finance Manager – Industrial Asset Services

Fort Collins - Lincoln Campus

Full-time

Hybrid

Senior Level, Lead/Staff

$134K/yr - $201K/yr

10+ years exp

Woodward, Inc. is committed to creating a great workplace for all team members and is seeking a Senior Finance Manager for their Industrial Asset Services Business Unit. This role will serve as the finance business partner to the Business Unit General Manager, responsible for the P&L financial statement and strategic initiatives to grow the business.

Consumer Goods

No H1B

U.S. Citizen Only

Responsibilities

Provide overall financial support to the General Manager of the Asset Services BU with full P&L responsibility

Partner with Asset Services extended management team to develop fact-based, long-range strategic plan, identify and implement strategic initiatives to substantially grow the business over the next 3 years

Work closely across Industrial Product Lines teams to model services grow potential developing a full understanding of the installed base and the integrated product lifecycle profitability (product and services profitability at product and customer level)

Responsible for annual budgeting, quarterly forecasting and monthly management reporting and variance analysis for the Asset Service BU. Prepare accurate and timely management reporting package and lead monthly financial operational reviews with the Asset Services team

Improve BU P&L forecast accuracy by implementing standard project management practices and reporting to monitor project scope, schedule, budget and R&O across the project portfolio

Provide visibility to relevant operational project KPIs, such as as-sold vs realized margin, percentage of completion, project cash flows to drive continuous improvements and improved project profitability

Review cost structure of the business and advised on resource planning to ensure proper utilization of resource and fixed labor cost optimization. Responsible to set the annual standard price for billable engineering and project management resources and monthly tracking of over/ under utilization metric and explanation of P&L variances

Improve Inquiry to Order reporting of orders pipeline, conversion metrics, win/loss, orders and backlog reporting for the Asset Services business

Work closely with the site finance managers based across our global field services and repair footprint to implement standard work and consistency in reporting across legal entities that support the Asset Services BU. Attend site monthly closing & reporting calls to ensure accuracy and consistency of reporting

Support project contract negotiation and own the commercial finance items (contractual milestones definition, project cash flow, payment terms, currency, fx, tax items etc) working closely with the Industrial Commercial Finance Director

Work closely with corporate teams (tax, treasury, legal) to understand cross border transactions and optimize contractual terms and business set-up to minimize costs &risks

Develop/execute on a roadmap to improve the accuracy of Asset Services BU reporting, specifically around project cost tracking and implementation of percentage of completion method in our ERP solution

Support in the upcoming SAP rollout and document the business requirements for the Asset Service business

Qualification

P&L ManagementFinancial LeadershipProject Cost TrackingSAPPower BIGeneral AccountingProcess Improvement MindsetOperational OrientationCross-functional Collaboration

Required

5 years of financial leadership managing a Business Unit P&L

Overall, a 10+ year progressive career across finance roles (FP&A, Manufacturing Finance, Commercial Finance experience preferred) within a global manufacturing or engineering field service company

Bachelor's degree in Finance, Accounting or Business required

Strong knowledge and understanding of general accounting principles and cost accounting

Ability to work cross functionally in a highly matrixed global team, process improvement mindset, operationally oriented

Preferred

Experience in a project based business preferred (good working knowledge of percentage of completion method)

Strong working knowledge of business reporting tools such as Power BI

Benefits

All members included in annual cash bonus opportunity.

401(k) match (4.5%)

Annual Woodward stock contribution (5%)

Tuition reimbursement and Training/Professional Development opportunities for all members

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 / Bereavement leave.

Paid parental leave.

Adoption Assistance

Employee Assistance Program, including mental health benefits.

Member Life & AD&D / Long Term Disability / Member Optional Life

Member referral bonus

Spouse / Child Optional Life / Optional AD&D / Healthcare and Dependent Care Flexible Spending

Voluntary benefits, including: Home / Auto Insurance discounts

Whole Life Insurance / Critical Illness Insurance / Legal Assistance / Military Leave

Company

Woodward, Inc.

Glassdoor3.6

Woodward is the global leader in the design, manufacture, and service of energy conversion and control solutions for the aerospace and industrial equipment markets.

Founded in 1870

Fort Collins, CO, US

10001+ employees