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Cummins Inc. Commercial LOB Finance Director in Nashville, Tennessee

Commercial LOB Finance Director

Description

We are looking for a dynamic, talented Commercial (Line of Business) Finance Director to join our team specializing in commercial financing operations for our Filtration business headquartered in Nashville, TN. The role is designated hybrid and can be performed from your yourhome office locationwith less than 15% overall travel (mostly to Nashville, TN).

In this role, the Commercial Finance Director will make an impact in the following ways:

  • Responsible for all budgeting, financial controls, costs, and financial reporting for the Business Unit/Line of Business/Regional Distribution Organization

  • Works with Business Segment Controller to apply consistent accounting practices to the regional distribution organization

  • Participates in the leadership team for the business unit/line of business/regional distribution organization

  • Directs all accounting practices for the Business Unit/Line of Business/Regional Distribution Organization; leads the Annual Operating Plan (AOP) and forecast processes within the Business Unit/Line of Business/Regional Distribution Organization

  • Drives business decisions through strategic financial analysis for the Business Unit/Line of Business/Regional Distribution Organization as part of the leadership team

  • Works with the Business Segment Controller to interpret and apply consistent accounting practices

  • Analyzes business results, determines root causes and prepares recommendations and alternatives for review by management

  • Ensures a strong control environment across the key business cycles

  • Ensures that appropriate resources are available for internal and external financial and process audits

  • Forecasts logistics costs and inventory at distribution facilities; provides leadership to business to drive logistics and working capital effectiveness

  • Leads financial analysis on capital projects and overall capital management process

  • Oversees monthly and quarterly financial reporting

  • Directs the implementation of recommended changes to accounting practices

  • Leads efforts to comply with Securities and Exchange Commission reporting requirements to Corporate and other regulatory organizations

  • Drives finance succession planning for the business unit/line of business/regional distribution organization finance organization

  • Ensures that the finance function is structured to support the business unit/line of business/regional distribution organization needs

  • Coaches and mentors direct reports; assigns work according to availability, skills, and developmental needs; assesses performance and providesfeedback to direct reports

  • Participates in the leadership team for the business unit/line of business/regional distribution organization

Qualifications

To be successful in this role you will need the following:

Business Partnering: collaborates with stakeholders and develops partnerships to drive performance that aligns to organizational goals and strategies; influences the organization by demonstrating knowledge of the business to provide guidance to support the decision making process and guiding the business towards positive results and organizational alignment; evaluates business environment using measures to mitigate risk and capitalize on opportunities

Financial Planning and Forecasting: utilizes financial forecast data to provide forward looking projections to facilitate decision making; partners with stakeholders to analyze trends and validate assumptions to provide a forecast that aligns to the organization's goals and strategies

Financial Analysis: interprets financial data by analyzing trends, variances, opportunities and risks to provide insight to stakeholders regarding financial impact to drive business improvement; evaluates financial results against targets to communicate conclusions to all stakeholders; ensures integrity of financial data by investigating variances and determining corrective actions to resolve identified issues

Manages ambiguity: operating effectively, even when things are not certain or the way forward is not clear

Develops talent: developing people to meet both their career goals and the organization’s goals

Business insight: applying knowledge of business and the marketplace to advance the organization’s goals

Communicates effectively: developing and delivering multi-mode communications that convey a clear understanding of the unique needs of different audiences

Drives engagement: creating a climate where people are motivated to do their best to help the organization achieve its objectives

Persuades: using compelling arguments to gain the support and commitment of others

Situational adaptability: adapting approach and demeanor in real time to match the shifting demands of different situations

Balances stakeholders: anticipating and balancing the needs of multiple stakeholders

Pricing: pricing strategy, and quote management and approval process, rebate management, price files and price sheets, commercial deal analytics

Global Perspective: taking a broad view when approaching issues, using a global lens. Influences multiple regions, with strong market positions in North America, Europe, China, Latin America and South Pacific

Strategic Mindset : seeing ahead to future possibilities and translating them into breakthrough strategies (support, evaluate, communicate)

Education/Experience

  • Global leadership experience, managing high performance teams, required

  • Significant understanding of commercial, commodity finance operations (data analysis, technology, profit improvement strategy), required

  • Significant experience with PFR, New Product (pricing) and VPU Lane, required

  • College, university, or equivalent degree in Financing, required

  • MBA or equivalent degree, highly preferred

Compensation and Benefits

Base salary rate commensurate with experience. Additional benefits vary between locations and include options such as our 401(k) Retirement Savings Plan, Cash Balance Pension Plan, Medical/Dental/Life Insurance, Health Savings Account, Domestic Partners Coverage, and a full complement of personal and professional benefits.

Cummins and E-verify

At Cummins, we are an equal opportunity and affirmative action employer dedicated to diversity in the workplace. Our policy is to provide equal employment opportunities to all qualified persons without regard to race, gender, color, disability, national origin, age, religion, union affiliation, sexual orientation, veteran status, citizenship, gender identity and/or expression, or other status protected by law. Cummins validates right to work using E-Verify. Cummins will provide the Social Security Administration (SSA) and, if necessary, the Department of Homeland Security (DHS), with information from each new employee’s Form I-9 to confirm work authorization.

Job FINANCE

Primary Location United States-Tennessee-Nashville-US, TN, Nashville, Fleetguard Inc Headquarters

Job Type Experienced - Exempt / Office

Recruitment Job Type Exempt - Experienced

Job Posting Jun 1, 2022, 12:44:46 PM

Unposting Date Ongoing

Organization Cummins Filtration

Req ID: 220003I8

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