FP&A Lead

6 days ago


Palm Beach Gardens, Florida, United States Carrier Full time
About This Role

The Carrier financial planning and analysis (FP&A) department has an opening for the lead of the Digital Finance organization. This position will help lead Carrier and the digital team as we embark on advanced revenue streams with connected products. Revenue will be generated from product/service offering development as well as creating recurring revenue streams through monitoring and detection systems.

Key Responsibilities:
  • Provide sales recognition guidance – either at a top level or via a Carrier separate organization.
  • Work with CBS (Finance consolidated services) on collection and expense recognition.
  • Review the transfer pricing model that meets tax and controller guidelines while ensuring maximum sales growth.
  • Ensure that Carrier is adequately accounting for costs related to digital and in the appropriate line items on the P&L.
  • Ensure that Digital is involved in the review of all new R&D developed programs with a digital component.
  • Quarterly roll-ups of spend by various designated categories from around the globe.
  • Manage roughly $60m spend at the WHQ level and provide guidance on spend trends to the VP of Digital and VP of FP&A.
  • Automate the above process in order to move from a reporting organization to a partnership relationship with the Digital teams.
  • Report progress to senior leadership and provide guidance on potential cost savings initiatives.
  • Work with leadership on consolidating spend via a Center of Excellence model or low-cost sourcing.
  • Determine the best way to allocate these costs back to the local entities to ensure favorable tax reporting yet ease of reporting.
  • Identify projects that will lead to overall savings for Carrier – such as consolidated vendors, new contract negotiations or moving to Cloud-based technology.
  • Direct financial reporting, analysis, budgeting, and forecasting as well as preparation of action plans and recommendations for business and operational decisions.
  • Provide technical subject matter expertise to senior leaders.
  • Lead interpretation of complex financial reports and statistical analysis as well as development of recommendations.
  • Recommend and implement procedures and processes to expand sales growth and identify risks and opportunities.
  • Lead processes to ensure that financial practices are conducted accurately and in compliance with regulations, laws, and standards.
  • Lead large-scale, cross-functional projects. Direct support on key financial transactions and business decisions.
  • Analyze projects for costs, charging, and payback.
  • Project manage overall budget (including projects), providing immediate feedback to head of Digital on over/underspend.
  • Represent the Digital department on the Investment Council to ensure that Carrier's digital needs are represented and expressed adequately.
  • Quarterly presentation development for ELT reviews.
  • Special projects as needed.
Required Qualifications:
  • BA/BS degree.
  • 10+ years' experience in Finance, Automation, and FP&A.
Preferred Qualifications:
  • Experience in setting up finance process in a dynamic environment.
  • Experience with Cloud-based technology and recognizing digital as a revenue stream.
  • Proven execution of large-scale and complex global automation projects.
  • Financial Management system experience (HFM, Anaplan, etc.).
  • Advanced capabilities in Microsoft Office Suite (Excel, PowerPoint).
  • Demonstrated strong analytical, process mindset, problem-solving, and data acumen.
  • Attention to accuracy and execution is a must.
  • Ability to thrive in a rapidly changing environment.
  • Excellent time management and project management skills.

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