Job Description Summary

The Executive Finance Manager for Monitoring Solutions is responsible for providing strategic P&L and operational finance leadership to the businesses. The role will serve as business partner to the operating team to drive business initiatives & strategies, investment trade-offs, with an overall objective to drive global growth and profitability. Monitoring Solutions is a $1.3B global business that enables hospitals to monitor patient status (ECG, SpO2 , gases, BP, metabolics, EEG, other) in wards, ICUs, and ORs. The portfolio includes capital equipment, consumables, and services.

Job Description

Role Summary/Purpose

The Executive Finance Manager for Monitoring Solutions is responsible for providing strategic P&L and operational finance leadership to the Monitoring Solutions sub-segment and lead BD Finance for total PCS. The role will serve as business partner to the operating team to drive business initiatives & strategies, investment trade-offs, with an overall objective to drive global growth and profitability. Monitoring Solutions is a $1.3B global business that enables hospitals to monitor patient status (ECG, SpO2 , gases, BP, metabolics, EEG, other) in wards, ICUs, and ORs. The portfolio includes capital equipment, consumables, and services. In addition to supporting the Monitoring Solutions portfolio, this role also will support the PCS CEO/CFO directly on M&A strategy and due diligence.

Responsibilities

• Establish long term strategy plans, operating plan, forecast for the business and help deliver financials and segment growth globally.
• Partner with regions and operations to prioritize between New Product Introductions (NPI) & Installed Base (IB) projects, manage product cost spend, and identify cost productivity through all operational levers
• Coordinate with regions to maintain pricing discipline and track NPI performance.
• Support Business Development around partnerships, acquisitions, and external agreements
• Work with manufacturing plants and Sourcing, in managing M6 (end of life) for the products and minimize on parts obsolescence. Manage phase-in & phase-out of products working with regions and communicate back to plants and sourcing to avoid excess inventory and drive margin accretion.
• Manage segment inventory and P&E cash spend
• Develop reporting packages and presentations for monthly and quarterly senior leadership operation reviews / town halls inclusive of complete P&L understanding and action planning associated with known gaps and opportunities
• Educate product managers on usage of reporting tools (ie PowerBI) and help drive product pricing and product structure simplifications
• Lead cross-functional projects to drive simplification throughout the organization and to improve rigor while reducing costs & improving compliance and simplification
• Ensure compliance and controllership across financial transactions and ensure 100% account recs with no Schedule II's
• Support PCS CEO/CFO directly in Business Development around partnerships, acquisitions, and external agreements. Responsible for leading financial due-diligence reviews. Partner with Corporate BD team to support deal models/deal reviews.
• Lead finance specific integration/divestiture efforts for all completed M&A projects
• Build organizational culture and develop people

Qualifications/Requirements

• Bachelor’s degree in Accounting, Finance, Business Administration or similar concentration
• A minimum of 10 years’ financial work experience, in increasingly more responsible positions 
• Experience in finance roles at multi-national health care companies
• Experience leading in a global business environment; minimum of five years’ experience leading team members  
• Experience in M&A financial due diligence
• Experience with financial systems/applications (i.e.: Oracle, SAP, Hyperion, Business Objects, etc.), strong Excel skills in data compilation and aggregation (i.e. pivot tables, VLookup, and Macros)
• Excellent communication skills: experience working across multiple levels, functions and regions; ability to clearly communicate complex financial information in an easy to understand manner both verbally and in writing
• Integrity: Accepting and adhering to high moral, ethical, and personal values in decisions, communications, actions, and when dealing with others

Desired Characteristics

• Strong analytical skills: ability to clearly link financial results to operational performance drivers, generate alternatives and d