Business Finance Director, Safety Assessment - United States
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- Provide financial leadership, direction and advice to the Safety Assessment (Global Laboratory Sciences) leadership and Finance teams to develop and implement a strategy for the business, ensuring alignment with the company’s overall business and financial strategies.
- Accountable for planning, directing and controlling the finance functions for Safety Assessment (Global Laboratory Sciences), including budget development, forecasting and control, financial analysis, and merger & acquisition (M&A) activities.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
- Serve as a member of the Global Safety Assessment finance leadership team.
- Assist with developing long-term strategic business plans for the business segment consistent with the established corporate goals and objectives.
- Communicate effectively with staff at all levels of assigned business units in order to understand the full function of the business and provide accurate forecast information.
- Assume responsibility to direct, consolidate and administer annual budget preparation and in-year forecasting for the assigned business units.
- Oversee the consolidation of financial reporting for business reviews (e.g., analyze results, prepare and present forecasts, budgets, strategic plans and regular in-year updates to senior corporate management) for the assigned business units.
- Direct analysis of monthly, quarterly and annual financials compared to forecast, budget and prior year for the assigned business units.
- Direct analysis of monthly revenue recognition of assigned business units and perform monthly analysis of recorded revenue working in conjunction with the Revenue Centre of Excellence.
- Develop, implement and analyze commercial and cost analytics, such as standard costings for performance of the business, customers, service line profitability
- Perform complex analyses including year-to-year comparisons and margins on new services for forecasting and pricing purposes.
- Assist with finance activities related to Safety Assessment M&A and divestiture projects and subsequently oversee the integration of new business/acquisitions into CRL’s financial processes.
- Work closely with internal business partners, providing financial expertise on processes and value-added management to support them in achieving their objectives.
- Educate internal leaders on budget management to support good understanding of their accountability and ownership.
- Working with business units and corporate IT, ensure optimization of operating and financial systems, including the company’s Enterprise Resource Planning (ERP) system.
- Develop new approaches, processes or methods to solve new business problems, act as an agent of change and continuously reevaluating process to achieve expecting earnings growth.
- Coordinate and evaluate efficiency and procurement initiatives to ensure optimized margins, and proactively work with other segments to share best practice.
- Assist in optimizing free cash flow through a combination of debt recovery and capital utilization initiatives.
- Working with Corporate Accounting, the business unit finance teams and Internal Audit staff, ensure Safety Assessment sites’ adherence to corporate governance standards (e.g. Sarbanes-Oxley), pertinent regulatory requirements and to corporate finance/accounting policies, practices and procedures.
- Responsible for personnel management activities of individuals and groups such as: scheduling, personnel actions (hiring, promotions, transfers, etc.), training and development, providing regular direction and feedback on performance, disciplinary actions and preparing and delivering annual performance and salary reviews.
- Develop short and long-range operating objectives, organizational structure, staffing requirements and succession plans.
- Develop and oversee the implementation of training programs, including orientation, and, as appropriate, education to non-finance staff.
- Support the policy of equal employment opportunity through affirmative action in personnel actions.
- Perform all other related duties as assigned.
- Education: Bachelor’s degree (B.A./B.S.) or equivalent required. MBA preferred.
- Experience: 10 or more years’ related experience in accounting/finance function, with three years of experience in financial analysis. An equivalent combination of education and experience may be accepted as a satisfactory substitute for the specific education and experience listed above.
- Certification/Licensure: Recognized professional accounting designation (e.g., CPA, CA, CMA) required.
- Other: Previous supervisory experience preferred. Excellent communication skills required.
Equal Employment Opportunity