Quakertown, Pennsylvania, USA
45 days ago
CFO, Diagnostics


Job Description:

JOB SUMMARY:

Reporting to the President of the Diagnostics business unit of Envista, the Chief Financial Officer (CFO), is responsible for all aspects of Diagnostics finance and is a key member of the Diagnostics senior leadership team. This includes strategic planning, risk management, financial forecasting & budgeting, portfolio planning and return on investment measurement and financial reporting both to the Diagnostics leadership team and to the office of the CEO for Envista. The CFO shares responsibility with the Diagnostics President for profit & loss management of the business unit. They will work to ensure appropriate accountability and transparency, with vigilant attention to management of risk, internal financial and operational controls as well as protection of assets. They will also work across the organization to ensure the financial performance of each BU is supported with robust measurement and analysis. In carrying out such responsibility they will need to ensure that decision making within each organization is supported with timely and accurate information. The CFO is responsible to ensure the Finance & Procurement staff provides appropriate insights through analysis. The CFO role provides leadership in contributing to a data-driven culture by ensuring that business and financial information is accessible, timely, accurate and relevant to the decision-making process. They will be adept at using a variety of tools to carry out their responsibilities including operational and financial KPI’s, P&L models, pricing models and return on investment and product cost analyses.

PRIMARY DUTIES & RESPONSIBILITIES:

Collaborate with the Diagnostics team to achieve business and financial goals.Develops, coordinates, consolidates and presents both the strategic plan and annual consolidated budget to L1 team and Envista Office of the Chief Executive Officer. Tracks performance and leads with countermeasures to close gaps.Utilizes historical sales information and other current market/business trends to validate and revise the monthly forecast from the regions, business units and operations with detailed explanation of variances to prior forecast, prior year and plan; again leading with countermeasures.Assess quality of forecasts through collaboration with Marketing, Sales, Engineering, Operations, and Manufacturing with a focus on forecast accuracy.Key player supporting the M&A process along with the L1 team and corporate business development.Lead Procurement team & ensure appropriate management of inventory to support customer demand while limiting exposure to obsolescencePartner with Sales and Marketing Teams regarding pricing and customer programs to ensure pricing is competitive and programs demonstrate the appropriate return on investmentLead all aspects of financial analysis of product portfolio and assess alternatives to improve profitability including evaluation of the manufacturing footprint.Provide timely and insightful information regarding costs and help drive cost reduction initiatives across the businessEvaluate relevance and efficiency of key performance indicators and metrics, ensure such key performance initiatives are reported in a timely and transparent mannerDevelop, prepare, deploy and communicate various standard and ad hoc analysis to both the Diagnostics  L1 Team and the Envista Corporate teamDevelop and analyze business plans and modelsAnalyze and approve capital expendituresLead Finance strategy for DiagnosticsMaintain internal controls to ensure books and records are maintained in accordance with both USGAAP, SOX and Statutory rules and adequate control over company assets

Job Requirements:

Bachelor’s degree in Accounting or FinanceCPA and/or MBA strongly preferred15+ years finance experience, preferably in medical device manufacturing or other highly regulated industry5+ years experience leading a team (preferably FP&A and/or Consolidation) or in senior leadership position At least seven to ten years of progressive experience in the following areas:Financial Planning & AnalysisBudgeting & ForecastingMergers & AcquisitionsContinuous Improvement Methodologies Public Company OperationsInternational/Global Manufacturing exposure and knowledgeProven track record in hiring and managing high performersSuccess in managing large, multi-functional, highly performing teams; proven ability with creating a talent pipeline and development of individualsDemonstrated success in transformational leadership and change managementTravel Requirement: ability to travel up to 25%

Target Market Salary Range:

Actual compensation packages take into account a wide range of factors that are unique to each candidate, including but not limited to geographic location; skill sets; relevant education and certifications; depth of experience; performance; and other business and organizational needs. The disclosed reasonable estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled.  At Envista, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. The total compensation package for this position may also include an annual performance bonus, medical/dental/vision benefits, 401K match, and/or other applicable compensation plans.

$240,000 - $310,000

Operating Company:

DEXIS

Envista and all Envista Companies are equal opportunity employers that evaluate qualified applicants without regard to race, color, national origin, religion, sex, age, marital status, disability, veteran status, sexual orientation, gender identity, or other characteristics protected by law. The “EEO is the Law” poster is available at: http://www.dol.gov/ofccp/regs/ compliance/posters/pdf/eeopost.pdf.

Envista and its family of companies (Envista) will not accept unsolicited resumes from any source other than directly from a candidate.  Envista will consider unsolicited referrals and/or resumes submitted by vendors such as search firms, staffing agencies, professional recruiters, fee-based referral services and recruiting agencies (Agency) to have been referred by the Agency free of charge and Envista will not pay a fee for any placement resulting from the receipt such unsolicited resumes.  An Agency must obtain advance written approval from Envista's internal Talent Acquisition or Human Resources team to submit resumes, and then only in conjunction with a valid fully-executed contract approved by the Global Talent Acquisition leader and in response to a specific job opening.  Envista will not pay a fee to any Agency that does not have such agreement and written approval in place.

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