Director, Finance

4 days ago

Oak Brook, Illinois, United States Chamberlain Group Full time $159,000 - $257,000 per year

Chamberlain Group (CG) is a global leader in intelligent access and Blackstone portfolio company. Powered by our myQ technology, we make access simple and secure for millions of homeowners, businesses, and communities worldwide. Our flagship brands, LiftMaster and Chamberlain , are found in 51+ million homes, and 14 million+ people rely on the myQ app daily.

Essential Duties and Responsibilities

  • Manage the activities of a team comprised of a (senior) finance managers and multiple Financial Analysts; mentor and develop team members by providing performance improvement guidance, training and development opportunities for skill building
  • Oversee and ensure accuracy of all financial results, analyses and forecasts; drive compliance to policies and controls
  • Manage financial assessment and analysis of assigned strategic initiatives/objectives in partnership with product leadership; champion behaviors to achieve strategic initiatives, Provide recommendations and counsel to product leadership on the efficacy of new initiatives and opportunities as the business explores growth opportunities
  • Lead development of business case models for services product streams (including where hardware and software are involved), ensure models are consistent with practices used for NPD projects
  • Manage initiatives to ensure CG financial systems and data sources are able to transact and recognize revenue and costs of new connected services businesses
  • Assess periodic reporting and analysis needs for business performance management; develop and modify the standardized periodic reporting; drive consistency in definition of business/financial terms and metrics
  • Deliver financial decision support, assist product management with key metrics and trends
  • Develop and maintain lifetime value models that include services revenues, partner revenues and product revenues
  • Drive the annual budgeting and monthly forecasting processes for services product streams to ensure budgets and forecasts are aligned with strategic direction; ensure compliance to planning calendar timelines and that department managers have spend forecasts/plans in line with annual budget
  • Oversee and ensure accuracy of all financial results, analyses and forecasts; drive compliance to policies and controls; facilitate purchase order management and cost center budgeting
  • Manage the financial assessment and analysis of supported businesses' strategic initiatives/objectives; champion behaviors to achieve strategic initiatives, Provide recommendations and counsel to business partner on the efficacy of new initiatives and opportunities as the business explores growth opportunities; manage initiatives to ensure CG financial systems and data sources are able to transact and recognize revenue and costs of new connected services businesses; assess periodic reporting and analysis needs for business performance management; develop and modify the standardized periodic reporting; drive consistency in definition of business/financial terms and metrics; deliver financial decision support, assist product management with key metrics and trends
  • Comply with health and safety guidelines and rules; managers should also ensure compliance across their teams
  • Protect Chamberlain Group's reputation by keeping information confidential
  • Maintain professional and technical knowledge by attending educational workshops, reading professional publications, establishing personal networks, and participating in professional societies
  • Contribute to the team effort by accomplishing related results and participating on projects as needed
  • Motivate and lead a high performance team by attracting, developing, engaging and retaining team members
  • Drive the performance management and compensation processes by communicating job expectations, monitoring and evaluating performance, providing feedback and facilitating employee development per the company's policies
  • Maintain transparent communication by appropriately communicating organization information to team through department meetings, one-on-one meetings, appropriate email, IM and regular interpersonal communications
  • Lead and motivate individuals and teams to create a workplace culture that is consistent with the CG mission, vision and values

Minimum Qualifications

  • Bachelors Degree in Accounting or Finance
  • 8+ years of experience supporting a business unit in a recurring revenue/services company, or a consumer durables company, prior experience in NPD finance support and/or Sales/Marketing or Business Unit Finance; past experience working with financial business models and investment measures such as NPV and IRR
  • Experience with ERP systems and planning tools
  • Experience building complex and well controlled business case models using MS Excel

Preferred Qualifications

  • Masters in Business Administration and CMA/CPA
  • Product or Service costing
  • SAP and Business Intelligence

The pay range for this position is $159, $257,000.00; base pay offered may vary depending on a number of factors including, but not limited to, the position offered, location, education, training, and/or experience. In addition to base pay, also offered is a comprehensive benefits package and 401k contribution (all benefits are subject to eligibility requirements). This position is eligible for participation in a short-term incentive plan subject to the terms of the applicable plans and policies.

Chamberlain Group wants all of its employees to succeed and encourages people of all backgrounds to apply. We're proud to be an Equal Opportunity Employer, and you'll be considered for this role regardless of race, color, religion, sex, national origin, age, sexual orientation, ancestry; marital, disabled or veteran status. We're committed to fostering an environment where people of all lived experiences feel welcome.

Persons with disabilities who anticipate needing accommodations for any part of the application process may contact, in confidence

NOTE: Staffing agencies, headhunters, recruiters, and/or placement agencies, please do not contact our hiring managers directly.

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