Director, Finance – Residential Services
Chamberlain GroupAbout the role
Chamberlain Group is a global leader in access solutions with top brands, such as LiftMaster and Chamberlain, found in millions of homes, businesses, and communities worldwide.
As a leader in the Smart Home industry, we boast one of the largest IoT install bases, with innovative products consisting of cameras, locks, card readers, garage door openers, gates and more, all powered by our myQ digital ecosystem.
This role within the Finance group is responsible for business partnering and finance support of Delivery, Video, Residential Partnerships, Residential Emerging Products & Automotive. In addition this role will serve as the Financial Subject Matter Expert regarding all aspects of services modeling. Duties include creating and managing the deployment of new service and emerging business financial models. This role cultivates and owns the financial modeling for customer lifetime value. The Director partners with the leaders of the Video, Auto, Delivery and other services product streams to provide financial leadership. Partner support activities include providing financial and management support for strategic initiatives to ensure the business achieves its goals and objectives. This includes annual budgets, periodic forecasts, strategic planning, new product development and various ad hoc business analyses.
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 Video, Auto, Delivery and other services product streams (including where hardware and software are involved), ensure models are consistent with practices used for NPD projects
Develop and maintain lifetime value models for end consumers and commercial customers that include services revenues, partner revenues and product revenues
Drive the annual budgeting and monthly forecasting processes for Video, Auto, Delivery and other 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
Manage the activities of a team comprised of a finance manager 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 initiatives to ensure CGI 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
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
Motivate and lead a high-performance team by attracting, developing, engaging and retaining team members.
Drive the performance management process by communicating job expectations, monitoring and evaluating performance, providing feedback and facilitating employee develop
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