Job Description:
Smart people. Smart ideas. Smart choice.
MTS is a leading global supplier of test and simulation systems. Formula 1 teams, leading automotive and aerospace companies, and the world's top researchers in materials and seismic engineering all rely on our systems to determine product reliability and ensure compliance with quality standards. Check out some of our amazing technology here: http://www.youtube.com/watch?v=vXOsvWpTHH4
As an ITW company, MTS is part of a Fortune 300 global manufacturing leader with 49,000 employees across 56 countries, offering career development opportunities not just within MTS but across the ITW enterprise.
We're looking for a Division Controller on our Service Team who will partner with and report to the Vice President General Manager - Service to develop and implement division strategy by evaluating and developing financial analysis, models, & reports. The role is responsible for leading and overseeing all fiduciary responsibilities for the Division to drive business results. The Division Controller ensures proper implementation of the ITW business model as well as continual simplification and cost-saving opportunities; oversees initiatives to maximize cash flow and operating margins, including ongoing improvement in working capital performance against established metrics.
What You'll Do:
Financial Planning & Analysis: Effectively communicate and coordinate the exchange of financial information (actual results, KPI metrics,forecasting information) to key stakeholders and other departments to help drive business decisions(operations, sales, HR, IT, Legal, R&D, etc.) and explain data to management as necessary. Assist withsuggesting and providing measurable and accurate financial targets to evaluate the performance of thebusiness.
Develop financial models / justification to support capital investments, leases, customer back innovation(CBI) & other investments in the business.
Provide monthly reporting package and financial outlook for the business (and assist with platform-relatedforecasting duties).
Serve as primary financial support / reviewer of customer contracts & quotes ensuring proper pricing andmargins are achieved.
Communicate as necessary with segment and corporate leadership on financial related matters for thedivision.
Prepare monthly financials for country specific P&L for ~10 different service entities globally and present /educate service leaders on results and observations.
Business Partnership: Partner with VP and Division leadership on all operational and strategic issues as they arise; provide strategic recommendations based on data driven financial analysis and projections.
Partner with the leadership team to prepare, develop, present and execute Annual Plan (AOP) and Long-Range Plans (LRP) based on in-depth understanding of business and operations.
Build cross-department credibility, confidence, and collaboration with other functional areas within MTS.
Work cross-functionally with accounting functions to provide accurate and timely financial information in accordance with the Company’s month-end close requirements and explain any key variances to outlook /AOP.
Leadership, Influence & Accountability: Develop P&L-owning Service Leaders on financial acumen to drive profitable growth, customer satisfaction, and simpler processes, and informally guide the Service Direct Leadership Team in applying forecasts, drivers, risks, and opportunities to their areas.
Lead and develop 1 direct report, a Finance Analyst, coaching on analytical rigor, forecasting and reporting quality.
Champion and lead the application of ITW Toolbox, building a team culture where they are understood, practiced, and sustained.
Ensure the team is on track to deliver on its commitments with a high say-do ratio by monitoring performance against forecast, AOP and KPIs and raising gaps early.
Follow up on actions, commitments, and open items with leaders and the team, holding others accountable and…