Senior financial strategist role
the senior financial strategist is responsible for analyzing, monitoring, and managing current, future, and strategic cost initiatives.
* cost management, forecasting, internal reporting, variance analysis, modeling, design, support, training, guidance, and other discretionary projects as directed by management.
* working as a member of the finance team, this position primarily performs day-to-day finance related activities designed to analyze and monitor the company's cost initiatives and drive for results, and provide management the tools and insight to drive strategic initiatives.
responsibilities:
* employee engagement:
o assist with employee recruitment, interviewing, and appointing globally dispersed finance team members.
o communicate job criteria to recruiters for finance candidates/positions.
o collaborate with human resources, operations, and business development functions.
o monitor employee turnover; identify key factors that can be improved; suggest and execute improvements to/from management.
* employee development:
o identify individual and team strengths and development needs on an ongoing basis and communicate those to manager.
o validate training curriculum in area of responsibility, and take initiative to build on skill sets.
o act as a mentor to senior and financial analysts supporting the team providing insight, guidance, and training related to all analysis and cost initiatives.
o deliver excellence to every internal and external customer with value-added contribution.
* performance management:
o understand and establish clear measurable goals and objectives by which to bring to the table for management's review.
o express pride in work and accomplishments.
o perform team member evaluations and provide guidance for senior and financial analysts, when prompted by manager, professionally and on time.
o assist individuals and the team to continuously improve in key operational metrics and the achievement of the organizational goals, and recommend changes and/or new key metrics to measure.
* communication:
o provide periodic communication forum for the exchange of ideas and information with the department/function.
o organize verbal and written ideas clearly and use an appropriate business style.
o ask questions and encourage input from staff and other functions/team members.
o assess communication style of individual team members and adapt accordingly.
strategic cost management responsibilities:
* cost strategy development:
o know and understand the global cost initiatives when communicated, and be able to translate those to different audiences, including all support senior and financial analysts.
o help define, develop, and implement cost strategies, which contribute to the global strategic directions.
o maintain an understanding of business activities, operations, and systems, and global footprint.
o provide regular updates to manager on the execution of cost initiatives through quantitative and qualitative communication.
o take the lead on various cost-related activities, including modeling, designing, communicating, and coordinating internal functions and analysis.
o identify and design creative ways to reduce cost by streamlining processes and systems (i.e. modification of responsibilities or consolidation of tasks, elimination of non-value-added processes, or complete re-engineering of processes and systems).
o utilize tools to monitor departmental cost and cost trends, striving continuously to improve value.
o provide feedback to peers on cost and cost trends. And provide support on ways for them to manage their costs.
o provide support, guidance, and training to supporting senior and financial analysts on all cost initiatives, tools, metrics, and analysis provided to management.
financial analysis considerations:
* compile and design financial presentations and support, including agendas, materials, timing, and other protocol.
* design and provide support and analysis around current business models and recommend and/or design future enhancements for operations and business development activities.
* adhere to all safety and health rules and regulations associated with this position and as directed by supervisor.
* collaborate with senior leaders and other members of the finance team and communicate results, modeling activities, and other observations.
* act as a mentor and source for guidance for all senior and financial analysts.
* comply and follow all procedures within the company security policy.
* conduct and interpret complex analyses to evaluate alignment with forward-looking strategies, and provide feedback to management.
* support supervisors and provide guidance to junior team members with analysis to assist counsel and advise key corrective actions to senior leadership related to forecast performance and/or under/over plan in terms of their potential impact on the strategic goals, objectives, and financial viability of the company.
* ensure all sensitive and confidential information is handled appropriately.
* foster a work standard consistent with management's philosophies of best-in-class activities.
* monitor and develop cost minimization strategies for global sg&a and other related items.