Director, Corporate FP&A

Date: Jun 24, 2022

Location: Downers Grove, IL, US

Company: Dover Corporation

Dover is a diversified global manufacturer with annual revenue of over $7 billion. We deliver innovative equipment and components, specialty systems, consumable supplies, software and digital solutions, and support services through five operating segments: Engineered Products, Fueling Solutions, Imaging & Identification, Pumps & Process Solutions and Refrigeration & Food Equipment. Dover combines global scale with operational agility to lead the markets we serve. Recognized for our entrepreneurial approach for over 60 years, our team of approximately 24,000 employees takes an ownership mindset, collaborating with customers to redefine what's possible. Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under "DOV." Additional information is available at dovercorporation.com. 

Position Summary

The Director, Corporate Financial Planning & Analysis is a key member of Dover’s finance team. Reporting to Senior Director of Corporate Finance, Dover Corp., this position will be responsible for managing FP&A processes to establish strategies and implement reporting and process initiatives at an enterprise level. The focus will be on driving the company’s financial planning and analysis function with an emphasis on performance improvement; providing quality management information; and furthering the development of scalable reporting systems and processes, analytical tools, and key performance metrics. The ability to collaborate across all functional areas of the business constructively and efficiently, within a fast-paced, environment is critical. This role has runway to future growth opportunities across Dover.

 

The Director leads a team of three and will also provide guidance to the FP&A team at our Dover Business Services’ (“DBS”) Finance Hub in Cebu, Philippines. This position has significant interaction with the Corporate CFO, VP & Corporate Controller, Corporate CHRO, VP Investor Relations, VP & Treasurer, VP of Tax, VP of Dover Business Services, Segment Leadership, and the Corporate Finance & Accounting teams.

 

Specific Responsibilities

Serve as a trusted, strategic business partner who adds value for our customers by providing accurate, timely, and pertinent financial guidance. Provide forward looking financial leadership, analysis, and reporting to the senior leadership team of Dover.

 

Develop and implement robust procedures that create accurate, timely, and relevant financial statements, measurements, forecasts, plans, and business analysis. Manage communications with and between Dover Corporate, Segment teams, operating companies, DBS FP&A and executive management. Coordinate the submission of month end financials and supplemental information from all global operations. Focus on continuous improvement and clear communication skills. Provide guidance to the FP&A team at the DBS Finance Hub. Coach the global financial staff on financial analysis and reporting issues. Additional responsibilities include:

 

  • Provide financial consulting and strategic support to senior management including preparing board presentations, financial presentations, capital expenditure analysis, industry/peer group comparisons, new business opportunities, acquisition impact analysis and other projects requested by senior management
  • Organize monthly and quarterly review package for Corporate CEO and CFO including key financial metrics and performance indicators
  • Lead development of Consolidated Annual Operating Plan and Quarterly earnings presentation, as well as support the 3-year Strategic Plan for the Company
  • Lead monthly and quarterly global forecast process, providing periodic updates to the President, CFO, and Dover Segment teams
  • Support extensive information requests and ad-hoc projects from the CFO, VP Corporate Controller, Investor Relations department, and other key stakeholders
  • Analyze the Company and/or Segment performance to plan/forecast and trends; recommend appropriate actions to ensure financial targets are met
  • Evaluate strategies and goals of the Company and/or Segment in order to effectively monitor progress against them
  • Set business financial targets globally to achieve the financial plans and forecasts
  • Provide oversight and review of annual incentive plan & long-term incentive compensation program calculations, accruals, & communications to global organization
  • Critical team member of newly launched finance transformation project evaluating our close, consolidation, reporting, and analytics processes to reduce complexity while providing more complete, timely, and insightful data to senior leadership.
  • Implement continuous process improvements to reduce finance business process cycle times, improve financial forecast quality, enable team members to spend more time on higher value tasks and enhance information provided to leadership for business decisions
  • Lead a team of 3 FP&A professionals, providing coaching and technical support to direct reports and act as a thought leader for global financial analysis and reporting teams
  • Provide guidance to the FP&A team in the Finance Hub at DBS in Cebu, Philippines. Work pro-actively with Operating Companies and DBS Leadership to expand the FP&A support services offered by the Cebu Finance Hub
  • Provide guidance and assistance to other functional groups, including FP&A Leads of each of the Segments and Corporate Finance and Accounting, as needed

Background Requirements

    • Bachelor’s degree or equivalent in Finance or Accounting; MBA or CPA strongly preferred
    • At least 10 years of finance experience, preferably within manufacturing or industrial products
    • At least five years of global strategic FP&A experience, preferably at the manager or director level
    • Demonstrated ability to partner and collaborate across global organizations
    • Public company experience and a track record of working on activities related to a public company’s needs (e.g., aiding in investor reporting activity)
    • Experience with off-shored shared-services organizations is beneficial
    • Expert-user of Excel and the Microsoft Office suite; experience with PowerBI is beneficial
    • Experience managing a small team
    • Experience with consolidation software/tools

Personal Characteristics

    • Highest standards of accuracy and precision
    • Articulate with excellent verbal and written communication skills
    • Ability to think creatively, highly driven, results-oriented and self-motivated
    • Excellent interpersonal skills
    • Able to develop outstanding business relationships and provide functional leadership, even in the absence of a direct reporting relationship
    • Disciplined work ethic, detail oriented and well organized
    • A collaborate team player, able to work across cultures and functions seamlessly
    • Intellectually curious – seeks to understand how things work and how they can be improved
    • A demonstrated commitment to integrity and the highest ethical standards.
       

Dover supports work from home flexibility

All qualified applicants will receive consideration for employment without discrimination on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, age, genetic information, or any other factors prohibited by law.

 


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