Senior Director Finance
Caterpillar

Career Area:
Finance
Job Description:

Your Work Shapes the World at Caterpillar Inc.

When you join Caterpillar, you're joining a global team who cares not just about the work we do - but also about each other. We are the makers, problem solvers, and future world builders who are creating stronger, more sustainable communities. We don't just talk about progress and innovation here - we make it happen, with our customers, where we work and live. Together, we are building a better world, so we can all enjoy living in it.

About Us:

With 2023 sales and revenues of $67.1 billion, Caterpillar Inc. is the world's leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives.

For nearly 100 years, we've been helping customers build a better, more sustainable world and are committed and contributing to a reduced-carbon future. Our innovative products and services, backed by our global dealer network, provide exceptional value that helps customers succeed.

Caterpillar does business on every continent, principally operating through three primary segments - Construction Industries, Resource Industries and Energy & Transportation - and providing financing and related services through our Financial Products segment.

Job Summary:

Caterpillar's Industrial Power Systems Division (IPSD) team seeks a Senior Director of Finance. This is an exciting opportunity for an experienced financial leader who wants to be challenged in a business facing role that has a direct impact on business performance. This position is a key member of the Sales, Marketing, Services & Parts (SMSP) leadership team and leads the global Business Resources team that supports the SMSP organization.

Job Duties:

• Managing all aspects of accounting, forecasting, and financial planning & analysis.
• Tracking, reporting on and managing the overall financial performance of the organization.
• Participating in strategy development and execution to drive improved financial, commercial, and operational performance.
• Providing business analysis support by establishing target costs, guiding the S&OP and orders management process, driving aftermarket growth strategies, supporting 3rd party pricing, etc.
• Leading and ensuring compliance with corporate policies, procedures, internal controls, and Sarbanes-Oxley.
• Providing business insights and guidance to the Sales, Marketing, Service & Parts VP and IPSD CFO.
• Developing and leading a world-wide team of over 30 finance professionals, overseeing, and evaluating the activities of the finance staff, and providing guidance for their professional development.

Background/Experience:

• Bachelor's degree within Accounting, Finance, or related field.
• 13+ years of financial experience, preferably within a large and/or multinational corporation.
• Experience with legal entity and financial planning and analysis.
• Initiative, leadership, business judgement, effective organization skills and accountability.
• Demonstrated ability to leverage technology in process transformation.

Additional Details:

• Location: Seguin, TX or Peterborough, UK
• Domestic relocation is available for those who qualify.
• 15%-25% travel is expected.

Skills Descriptors:

Business Acumen:

Knowledge of business concepts, tools, and processes that are needed for making sound decisions in the context of the company's business; ability to apply this knowledge appropriately to diverse situations.

• Influences the manner in which business decisions are made in the organization.
• Participates in creating organizational strategy; shows how own function contributes to results.
• Explains the organization's business model and competitive position in the marketplace.
• Utilizes economic, financial, and organizational data to build business cases for major initiatives.
• Lectures on how key decisions impact P&L, short and long-term.
• Analyzes business performance or trends of any organization: competitors, customers, or partners.

Finance and Accounting:

Knowledge of finance and accounting practices, financial analysis, and reporting; ability to apply finance knowledge appropriately to diverse situations.

• Monitors marketplace for developments in tools or approaches to financial management.
• Ensures adherence to organization's and industry's financial requirements and practices.
• Designs and implements customer and product profitability systems and practice.
• Coaches others in the use of financial management practices and tools.
• Designs financial analysis approaches and modeling specific to the business.
• Reviews key financial and performance indicators used by the corporation.

Risk Management:

Knowledge of processes, tools and techniques for assessing and controlling an organization's exposure to risks of various kinds; ability to apply knowledge of risk management appropriately to diverse situations.

• Produces and interprets common risk assessment and management reports.
• Identifies common technology, security, or financial risks relevant to own function or unit.
• Implements or manages risk management for own area.
• Documents the key steps of a unit-specific risk management process and associated procedures.
• Evaluates risk assessment models and techniques relevant to a specific line of business.

Organization Structuring:

Understanding of the value of aligning team capabilities with business goals and ability to develop staff, processes and operational relationships that support optimal performance.

• Clarifies core capabilities of the organization that differentiate it from competitors.
• Oversees restructuring programs or components of restructuring programs that affect the group.
• Identifies the core processes required to leverage capabilities.
• Defines the talent, organization structures, and reporting relationships needed to support core capabilities and processes.
• Collaborates to establish an optimal technological infrastructure for the organization as designed.
• Guides organizational transitions so as to achieve new capabilities and performance levels quickly.

Strategic Thinking:

Knowledge of the importance of "big picture" thinking and planning; ability to apply organizational acumen and competitiveness to identify and maintain focus on key success factors for the organization.

• Directs strategic alliances and partnerships for mutual benefit.
• Makes sound business decisions on behalf of the group when faced with complex and contradictory alternatives.
• Builds the strategic thinking capability of the group.
• Interprets available data and analyses when creating business plans.
• Recommends ways to position the organization for long-term competitiveness.
• Prepares the group's response to key marketplace trends, opportunities, and vulnerabilities.

Leadership:

Knowledge of leadership practices and processes; ability to use strategies and skills to enlist others in setting, embracing and achieving objectives while having a long-term perspective of the future state of things and how to get there.

• Evaluates leader performance based on efficacy, advancement and emergence.
• Coaches others in leadership concepts and techniques, such as contingency & transactional.
• Champions behaviors that inspire cohesiveness and move the organization to reach a vision.
• Monitors industry for leadership programs; implements programs within organization.
• Leverages diverse leadership styles: autocratic for speed, democratic for co-operation, etc.
• Uses modeling & role-playing to improve the ability of leaders to manage own behaviors.

Financial Analysis:

Knowledge of tools and approaches of financial analysis; ability to read, interpret and draw accurate conclusions from financial and numerical material.

• Leads others on the full spectrum of financial analyses.
• Consults on all major financial analysis approaches, quantitative and qualitative measures.
• Adapts financial analysis methods to support organizational goals.
• Directs others in interpreting and drawing reliable conclusions from industry financial data.
• Predicts industry trends and their potential impact on the organization.
• Champions the use of new technologies and tools for analyzing financial data.

Financial Forecasting and Modeling:

Knowledge of processes, tools and techniques of financial forecasting and modeling; ability to explore and evaluate alternative financial scenarios and results.

• Determines and finalizes modeling and forecasting techniques to apply in complex situations.
• Provides leadership in selecting and implementing forecasting strategies and practices.
• Consults on the effective use of quality forecasting models to achieve positive outcomes of business decisions.
• Coaches others on sound theoretical knowledge of financial and modeling techniques.
• Directs others on advanced features of financial forecasting and modeling.
• Designs updated processes to improve the accuracy and predictive validity of existing models.

This Job Description is intended as a general guide to the job duties for this position and is intended for the purpose of establishing the specific salary grade. It is not designed to contain or be interpreted as an exhaustive summary of all responsibilities, duties and effort required of employees assigned to this job. At the discretion of management, this description may be changed at any time to address the evolving needs of the organization. It is expressly not intended to be a comprehensive list of "essential job functions" as that term is defined by the Americans with Disabilities Act.

Employee benefit details:

Our goal at Caterpillar is for you to have a rewarding career. Our teams are critical to the success of our customers who build a better world. Here you earn more than just a salary because we value your performance. We offer a total rewards package that provides benefits on day one (medical, dental, vision, RX, and 401K) along with the potential of an annual bonus. Additional benefits include paid vacation days and paid holidays (prorated based upon hire date).

Final details:

Please frequently check the email associated with your application, including the junk/spam folder, as this is the primary correspondence method. If you wish to know the status of your application - please use the candidate log-in on our career website as it will reflect any updates to your status. For more information, visit caterpillar.com. To connect with us on social media, visit caterpillar.com/socialmedia #Linkedin

EEO/AA Employer. All qualified individuals - Including minorities, females, veterans and individuals with disabilities - are encouraged to apply.

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Posting Dates:
March 18, 2024 - April 1, 2024
Any offer of employment is conditioned upon the successful completion of a drug screen.

EEO/AA Employer. All qualified individuals - Including minorities, females, veterans and individuals with disabilities - are encouraged to apply.

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