Job Responsibilities and Essential Duties
Leads all financial planning and analysis (FP&A), including forecasting, budgeting, and cash flow management.Publishes monthly, quarterly, and annual financial reports.Presents financial reports to executives, board members, investors, and other stakeholders.Advises on new business ventures and acquisitions.Develops strategies to increase return on investment and profitability.Oversees and reviews accounting tasks, including AR/collection, AP, and tax filings.Collaborates with the business leaders to create budgets, strategic plans and track key performance indicators.Review and route through appropriate approval channels capital projects and purchase orders.Manage banking, creditor, and insurance relationships.Set credit policies and approve credit limits.Work with outside CPA and Tax ProfessionalsImplement and maintain security and fraud prevention controls for the companyServes as fiduciary for employee 401k plan.Part of the company's Management Team and the global BA Finance teamHead of the Accounting and Finance Department and reports directly to Senior Finance Director in the Business Area (BA) and dotted line to the local Managing director.Function as Business Partner for all relevant decision-makers in the company. Make financial performance transparent and identify improvement potentialFinancial responsible for of the global integrated Consumables P&L and drive profitability improvementsManage the financial accounting, monitoring, and reporting systemsEnsure timely and accurate Getinge Group Finance reporting according to corporate rules, regulations, and adhering to Group schedules and deadlines.Support in customer negotiations from a financial point of view. Get good understanding of profitability contribution of customers and customer groups.Develop, update, and maintain the company's standard costs and perform monthly variance analyses (Labor, Material, Overhead) and guide functional leaders on areas for improvementSupport and review Business cases for new product development in close collaboration with Sales, R&D, Product Management and Operations.Analyze trends in cost variances, production volumes, and material usage and implement timely adjustments by working collaboratively with Operations and Admin leadershipPerform the cost accounting tasks for the company's manufactured products, including product and project costing, developing labor standards and burden rates.Analyze and track Working capital of the company. Drive improvement programs, optimize stock levels and the collection process.Collect and analyze data about the company's operational costsAnalyze production and purchasing processes from financial point of viewFollow-up on Business cases and perform regular impairment testingProvide analysis of monthly financial results both to local and Business Area managementManage the rolling forecast process in collaboration with local and BA managementBuild a strong Internal Control environment and work on further development of the existing Internal Control procedures.Respond to audit reports and present findings to managementRecommend changes to the company's processes and policies to reduce cost and maximize profitMinimum Requirements
Proficient in the U.S. generally accepted accounting principles (GAAP); able to distinguish between IFRS and other accounting rules when necessary.
Bachelor's degree in Finance, Accounting or related field.
Advanced degree and/or certifications (CPA, MBA or CMA) preferred.
10-15 years' experience in accounting