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Global Controller
1 month ago
Have you ever used the self-checkout in a Walmart or Target? Played the slots at an MGM Casino? Maybe you grabbed a drink from a vending machine or paid to park your car? If you’ve answered with a resounding “YES”, then you’ve done so with the aid of one of the 10 million devices installed by Crane Payment Innovations (CPI). We make the technology that powers your everyday life, enabling more than 4 billion transactions every week in more than 143 currencies worldwide. From cash and coins to cards and mobile, we keep the world of payments moving with smart validation devices and business management software. Headquartered in Malvern, PA, CPI is supported by: >2,000 global associates, 7 manufacturing sites, 12 corporate offices and a national field service organization. WHAT YOU’LL BE DOING The Global Controller of CPI oversees the Accounting and Financial Compliance for the largest reportable segment within Crane NXT. As a Finance leader in the Company and the partner of the business CFO, the Global Controller embodies the principles of Crane NXT’s culture and business system, serving as a hands-on role model for all associates through her/his leadership. The Global Controller is responsible for the execution of the annual Operating plan and subsequent updates of outlook/forecast information through the monthly closing and reporting processes. The Global Controller works very closely with the general managers of each business unit within CPI to understand their financial and operational outlook and to identify and manage risks and opportunities, with a strict adherence to compliance and governance procedures. The Global Controller maintains a close working relationship with Crane NXT’s Chief Accounting Officer and wider accounting organization to ensure adherence to the company’s policies and best practices.The Global Controller maintains a regular cadence of talent reviews to ensure recruitment, development, and retention of a superior extended team. Utilizing the Crane Business System, the Global Controller establishes the pace for continuous improvement across the team, in accordance with our company’s core values. This role is located in Malvern, PA, however other locations would be considered based on the candidate. Key Relationships Reports to: CFO, CPI Direct reports: Site Controllers for all main sites Shared Services managers, including AR and Payroll Other key relationships: Crane NXT CAO Director, FP&A VP/General Managers of 5 primary end markets Key Responsibilities: Execution of Annual Strategic Plan and Operating Plan Business partner to CFO in executing strategic and operational plan through timely and accurate reporting and analysis. Partner to business unit General Managers; understands market and operations of the business and anticipates needs for analysis to make strategic decisions. Accountability for the monthly reporting of consolidated results including flash reporting and internal metric reporting through the monthly close cycle Drive free cash flow through operational excellence and monitoring of key metrics Identify and direct analysis of economic, business, and financial conditions and their impact on the Company’s operations. Establish and maintain effective cadence for pulse, forecasting and planning processes to provide reliable and forward-looking information. Responsible for implementing counter measures to ensure financial consistency and drive improvement. Drive engagement and accountability for results in the operating teams through regular reviews of leading and lagging indicators, including orders and sales trends. Communicate early and regularly with the CFO on updates to the outlook. Maintaining environment of compliance and accountability Ensure compliance with Sarbanes Oxley and Crane NXT finance policies through detailed reviews of accounting records and supervision of control self-assessments Collaborate with Corporate Finance team on technical accounting, tax and treasury matters. Ensure Flawless Operational Execution and Achieve Financial Results Lead and manage with financial and operational rigor, discipline, and precision. Drive operational improvement initiatives to ensure continuing operational improvements.Foster a continuous improvement mind-set to drive ongoing lower costs, via the enterprise-wide adoption of Lean principles and operational efficiency. Build Exceptional Organization and Leadership Ability to respond quickly to changes in our business operations, markets served and products to ensure management has necessary data for decision making. Lead by example; drive a culture based on ethics and integrity. Value process governance and compliance and engage associates at all levels of the organization. Listen and provide feedback. Attract and develop high performing associates. Set stretch performance objectives and achieve them. Promote a culture of customer focus, agility and cohesiveness that filters throughout the organization. Work collaboratively with the management team to ideate creative solutions to customer needs and support decisions from a business and finance perspective. DESIRED OUTCOMES Develop strong working relationships with the CPI management team and Crane NXT Corporate key stakeholders Partner to the CFO in evolving the CPI Finance organization strategy, talent, culture, systems, and processes to grow CPI sales by mid-single digits. Continue the operational excellence discipline already in the company of increasing operating margins and generating strong free cash flow year-over-year through working capital management. Partner with the leadership team to execute strategic acquisitions to build the CPI platform. The successful candidate will be an exceptional business leader with relevant experience at industrial manufacturing companies known for world-class finance organizations.He/she will be a hands-on leader, with a strong focus on customers and growth, and will implement process discipline through the Crane Business System. The CPI Global Controller will naturally lead and act with integrity, authenticity, transparency, and honesty. He/she will respect, energize, and amplify the contributions of a diverse workforce, encouraging Finance associates to anticipate the needs of their business partners. They will have the ambition and drive to gain the experience needed to develop into a senior Finance leader at Crane NXT. WHO WE’RE LOOKING FOR IDEAL EXPERIENCE Global Controller, division of a U.S. publicly traded company Proven track record leading a global financial/accounting organization of similar scale and complexity Strong knowledge of the monthly close process and technical accounting Detailed experience consolidating results of a global corporation, including intercompany eliminations and accounting for foreign exchange Highly driven and self-motivated individual who can manage projects independently Detailed oriented, highly organized individual with a positive attitude and commitment to continuous improvement Strong interpersonal skills and collaborative nature with the ability to influence and lead others, while showing empathy Excellent oral and written communications skills Ability to create and deliver presentations to senior management Growth A demonstrated track record of driving extensive, profitable growth through acquisition. He/She should have proven ability to successfully integrate businesses from a financial reporting and accounting operations perspective. Organizational and Leadership Development Track record of attracting, developing, and retaining talented people at all levels and locations is critical.Proven ability to drive a culture of collaboration and integrity, building strong relationships with key stakeholders both internally and externally. Operational Excellence Proven ability to develop and deploy continuous improvement strategies and programs that drive productivity and engagement from associates. International Successful experience working in a global organization. Collaborative and culturally astute. Understands different market complexities and has managed, directly or indirectly, multi-country finance teams. CRITICAL LEADERSHIP CAPABILITIES Acting Strategically Creates a short-term and long-term vision for the Accounting Organization Establishes relationships with key internal and external stakeholders. Identifies and prioritizes the most critical future factors to consider in making decisions. Identifies and understands trends in the external landscape (i.e. competitors, clients, and market segments) and partners with business leaders to report appropriately. Develops plans that consider the impact beyond own area, location, function, or market. Leading People Identifies and leverages individual strengths and potential within the team Engages the team in discussions around the longer-term strategy and how they can contribute. Delegates significant responsibilities to team members to free self to work on other priorities. Gives team members decision-making authority and accountability within their areas of responsibility. Invites the team to recommend ways to solve problems, discuss challenging issues, or generate new ideas. Driving Results Achieves or exceeds annual operating plan; updates Outlook in a timely and accurate manner. Drives free cash flow through disciplined management of working capital. Seeks new challenges and is energized by exceeding targets. Sets continually higher goals for the team that are ambitious but achievable. Creates a process-driven culture and continuous improvement mindset. OTHER PERSONAL CHARACTERISTICS Positive attitude and ability to inspire others. Strong communication skills with ability to speak to the senior leadership team as well as associates and customers. Proven ability to formulate and drive operating and business process excellence. Developing a culture of continuous improvement, goal attainment, along with a mastery of tools and methods. Integrity and ethical qualities of the highest standard. Ability to formulate vision and strategy at an executive level; thinking globally. Builds solid relationships; acts in a manner that is humble, not political, or self-serving. Resilient, courageous, focused, decisive, and an effective change agent. Natural sense of urgency, competitiveness, and a need to win. Demands that agreed-upon goals will be met. Demonstrates mature, poised leadership and responds effectively to constructive criticism and adversity. Demonstrates respect for associates at all levels of the organization. Possesses a fact-based and data-driven approach to operating the business. Has a bias towards action. WHAT WE’RE OFFERING We offer an excellent compensation and benefits package, including health, dental, and vision insurance, 401(k) with employer match, and paid time off. Apply today and join CPI's team of payment innovators. Benefits include: Flexible work environments Defined career growth plans with opportunities to go outside of your “comfort zone” Medical, dental, & vision insurance 401K with Company contribution Life insurance and disability benefits Community involvement and volunteering events Opportunities to travel and work at our global sites Sound interesting? Come see why we are OneCPI CPI is part of Crane NXT Crane NXT is a premier industrial technology company that provides proprietary and trusted technology solutions to secure, detect, and authenticate what matters most to its customers. The company is a pioneer in advanced, proprietary micro-optics technology for securing physical products, and its sophisticated electronic equipment and associated software leverages proprietary core capabilities with detection and sensing technologies. Crane NXT has approximately 4,000 employees with global operations and manufacturing facilities in the United States, the United Kingdom, Mexico, Japan, Switzerland, Germany, Sweden, and Malta. For more information, visit www.cranenxt.com. Crane Payment Innovations is committed to hiring a diverse workforce. Applicants will receive consideration without regard to race, color, religion, sex, gender identity, sexual orientation, age, disability, military status, or national origin or any other characteristic protected under federal, state, or applicable local law. #LI-TH1 #LI-Hybrid #CPI #J-18808-Ljbffr
