Finance Director, Strategic Sourcing
Stanley Black & DeckerAbout the role
Finance Director, Strategic Sourcing – Towson, MD, New Britain, CT, or Valley City, OH United States (Hybrid)
Come make the world and accelerate your success.
It takes great people to achieve greatness. People with a sense of purpose and integrity. People with a relentless pursuit of excellence. People who care about making things better For Those Who Make The World™. Sound like you? Join our top-notch team of more than 50,000 diverse and high-performing professionals globally who are making their mark on some of the world’s most beloved brands, including DEWALT®, BLACK+DECKER®, CRAFTSMAN®, STANLEY®, CUB CADET®, and HUSTLER®.
The Job:
As a Finance Director, Strategic Sourcing, you’ll be part of our Global Supply Chain Operational Finance team working as a hybrid employee. You’ll get to:
- Responsible for leading over $3B of Supplier Sourcing Analytics, Decisions and Finance Reporting.
- Supports the Strategic Sourcing Vice President for Commodities and Logistics, and leads several Finance associates in support of our various Supplier Sourcing Categories.
- Implement contract analytics, generate cash flow studies and partner with Sourcing Leaders on establishing sourcing strategies.
- Develop annual operating plan focused on cost reduction possibilities and macro-economic variables.
- Create standard reporting processes, business reviews & rhythms, and consistent performance expectations.
- Establish challenging, yet achievable financial goals related to product cost reduction (year-over-year).
- Drive working capital improvement initiatives around inventory, logistics and payment terms.
- Improve comprehensive financial modeling tools to facilitate sourcing decisions with cash flow analytics.
- Develop make vs. buy financial models, coordinating with internal factory management and 3rd party quotes.
- Participate and engage in Sourcing Strategies and supplier negotiations, challenging the status quo.
- Identify adequate financial variance explanations along with credible corrective action plans.
- Manage cost reduction database and operating parameters for entire Sourcing Organization.
- Implement technical solutions for data-mining, process efficiencies and streamlined reporting.
- Support and/or lead senior leadership report outs, and other ad-hoc initiatives/responsibilities.
- Continuously recruit and develop top finance talent, embrace diverse backgrounds and incorporate new ideas.
The Person:
You love to learn and grow and be acknowledged for your valuable contributions. You’re not intimidated by innovation. Wouldn’t it be great if you could do your job and do a world of good? In fact, you embrace it. You also have:
- Bachelor’s Degree required, preferably in Accounting or Finance; MBA preferred
- 10+ plus years of prior related experience
- Working knowledge of ERP and Financial reporting systems such as SAP, JD Edwards, Hyperion, Essbase
- Strong Microsoft Office skills particularly in Excel and PowerPoint
- Prior experience with reporting from a large ERP system
The Details:
You’ll receive a competitive salary and a great benefits plan including:
- Medical, dental, life, vision, wellness program, disability, 401(k), Employee Stock Purchase Plan, paid time off, and tuition reimbursement.
- Discounts on Stanley Black & Decker tools and other partner programs.
And More:
We want our company to be a place you’ll want to be – and stay. Being part of our team means you’ll get to:
- Grow: Be part of our global company with 20+ brands to grow and develop your skills along multiple career paths.
- Learn: Have access to a wealth of learning resources, including our digital learning portal.
- Belong: Experience an awesome place to work, where we have mutual respect and a great appreciation for diversity, equity, and inclusion.
- Give Back: Help us continue to make positive changes locally and globally through volunteerism, giving back, and sustainable business practices.
What’s more, you’ll get that pride that comes from empowering makers, doers, protectors, and everyday heroes all over the world. We’re more than the #1 tools company. More than a driving force in outdoor power equipment. More than a global leader in industrial. We’re visionaries and innovators. As successful as we’ve been in the past, we have so much further to go. That’s where you come in. Join us!
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