Senior Finance Lead

1 week ago


Oak Brook, Illinois, United States The Chamberlain Group Inc Full time


The Chamberlain Group Inc. stands at the forefront of access solutions, recognized globally through esteemed brands like LiftMaster and Chamberlain, which are integral to countless homes, businesses, and communities.

As a pioneer in the Smart Home sector, we maintain one of the largest IoT installations, featuring a range of innovative products including cameras, locks, card readers, garage door openers, gates, and more, all interconnected through our myQ digital ecosystem.


Position Overview:

In the role of Lead, Finance - Modeling & NPD, you will take charge of developing financial models that are crucial for managing the product portfolio and assessing new product initiatives within the business unit.

Your responsibilities will include constructing models using Excel and collaborating with IT to develop a comprehensive system for portfolio analysis and evaluation.

You will be tasked with consolidating all active business cases on a monthly basis, delivering analytics and insights that will be shared with financial management and the Engineering PMO.

Routine maintenance and enhancements of the new product model template will be expected, alongside a high degree of autonomy and influence to achieve desired modeling outcomes.

Furthermore, you will offer guidance on long-term strategic business and financial planning within the Commercial Finance domain.
Minimum Qualifications:
  • 5+ years of experience in financial analysis and developing complex financial models in Excel
  • Proven experience in constructing well-controlled business case models
  • Familiarity with ERP systems and planning tools
  • Experience in utilizing investment support decision-making metrics such as IRR, NPV, etc.
  • Bachelor's Degree in Accounting or Finance
Preferred Qualifications:
  • Master's in Business Administration and CMA / CPA
  • Experience in Consumer Durables or Software sectors
  • Knowledge of product or service costing
  • Familiarity with SAP and Business Intelligence tools
  • Proficiency in Python or other statistical tools
  • Understanding of SQL

Key Responsibilities:
  • Develop comprehensive models to assess the product portfolios across the Company's business units, covering all aspects of hardware and associated software/service revenue streams
  • Create and maintain a model for evaluating software investments, ensuring timely updates and communication with stakeholders
  • Refine the financial business model for New Product Development
  • Generate high-quality data visualizations that leverage model outputs and other data sources to enhance analysis and decision-making for users from Analysts to Executive Leadership
  • Ensure consistency in the preparation of all New Product Development financial business cases, adhering to guidelines for financial assumptions and timelines
  • Collaborate with NPD Project Finance leads to document and review project financial assumptions, ensuring alignment with Project Management
  • Maintain up-to-date financial portfolio schedules, providing necessary support to project teams
  • Offer guidance and training to the Financial Analyst community regarding the NPD financial model
  • Prepare project portfolio reports, clearly explaining any changes in assumptions, sales or cost estimates, and project requirements
  • Compile consolidating financial analyses to support company meetings and board presentations
  • Engage with key commercial operational and engineering leaders to create models autonomously, fostering consensus around key modeling decisions
  • Implement best-in-class internal control concepts to ensure model accuracy and consistency

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