Regional Finance Director

1 month ago

Telford, Pennsylvania, United States Dräger Full time

Job Summary

The Regional CFO will provide leadership and direction to the Finance & Controlling, IT, and Facilities team in North America. This role reports to the North American CEO and is a member of the North American Leadership Team, the North American Compliance Committee, and the Regional Governance Board.

Key Responsibilities

  • Develop and execute financial strategies aligned with Dräger's corporate objectives and growth plans.
  • Coordinate the overall planning process for the Region and its subsidiaries, ensuring alignment between Region and Divisions.
  • Lead financial modeling efforts to optimize financial performance.
  • Prepare strategy decisions and implement strategy projects as assigned.
  • Oversee the FP&A functions and provide financial analysis and insights to support business decisions and drive operational efficiency.
  • Evaluate investment opportunities, partnerships, and revenue-generating initiatives.
  • Drive cost management and optimization, monitoring KPIs, financial metrics, and initiatives to achieve budget and midterm plan.
  • Provide timely and accurate financial reports to assist decision-making.
  • Ensure timely and accurate payroll process and track and manage required cash flow.
  • Identify and implement tax-efficient initiatives.
  • Participate in and support regional and country strategy design, formulation, implementation, and review in close collaboration with the regional leadership team.
  • Provide financial/commercial support/advise to set up new businesses, launch new products, or business divestiture activities.
  • Interface with other organizational units to ensure availability of relevant financial data and support alignment among functions.
  • Harmonize and improve business processes where possible and reasonable.
  • Ensure compliance with financial regulations and reporting requirements.
  • Ensure proper functioning of all accounting and finance systems, databases, and software.
  • Review and ensure application of appropriate internal controls and financial procedures.
  • Closely collaborate with the Managing Directors on the set-up and maintenance of authorization schemes.
  • Stay updated with industry trends and regulatory changes affecting Dräger's financial operations.
  • Ensure tax preparation of all Dräger entities in North America.
  • Support the corporate tax function in the implementation of cross-border requirements.
  • Work with Human Resources, Legal & Compliance, and Senior Management to ensure appropriate compliance and governance.
  • Ensure the set-up and maintenance of an appropriate risk management system.
  • Ensure a risk reporting according to existing guidelines.
  • Support and monitor the execution of countermeasures to mitigate risks.
  • Develop and implement risk management strategies to safeguard financial assets and reputation.
  • Provide oversight and strategic direction to the regional IT department, ensuring efficient, effective, and secure IT services and tools in alignment with our corporate IT strategy.
  • Strategize and coordinate facility management activities for all North American Dräger sites in close cooperation with local Site Managers and Corporate Real Estate.

Qualifications

  • Proven experience as a CFO or senior financial executive in the manufacturing and/or sales & service industry with at least ten years in leadership roles.
  • Master's degree (MBA) or the equivalent in Accounting, Finance, or relevant field.
  • Fifteen or more years of professional experience with at least ten years in Finance and Accounting management.
  • Strong understanding of financial modeling, forecasting, and budgeting techniques.
  • Excellent analytical and problem-solving skills with a keen attention to detail.
  • Advanced proficiency in financial software and ERP systems.
  • Ability to communicate complex financial information effectively to non-financial stakeholders.
  • Strong leadership, intercultural awareness, and cross-functional team management skills.
  • Strategic thinker with a proactive problem-solving approach.
  • Strong analytical skills.
  • Strong business acumen and negotiation skills.
  • Proficient communication and convincing presentation skills.
  • Project management skills.
  • Ability to thrive in a dynamic, fast-paced environment.
  • Ethical and transparent conduct in all dealings.
  • Commitment to continuous improvement and professional development.

About Dräger

Dräger is a global leader in medical and safety technology. With over 16,000 employees, we provide innovative solutions for hospitals, fire departments, and industrial customers worldwide. Our products combine real engineering with digital technology to improve people's lives.

What We Offer

  • Health Insurance
  • Retirement savings

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