Position Summary What is your role?
For our largest Business Unit Friction Technologies, dedicated to brake pads production with a global presence, we're looking for a CFO to join our Finance team in Barge (CN). In this role, you will partner with the CFO - Motion Technologies and the Friction Technologies General Manager to provide the strategic leadership for the business in close collaboration with the leadership team. You will lead and develop the finance organization to provide in-depth and actionable analysis for strategic planning, whilst ensuring control on all aspects of financial risk management.
Who are we?
At ITT, we have a clear purpose as an organization - to provide our customers with cutting-edge solutions to help solve their most critical needs across key global end markets. Our continuous improvement mindset drives our commitment to evolving our capabilities as a multi-industrial technology, manufacturing and engineering leader. With a strong global footprint of more than 100 facilities, we are well positioned to solve critical challenges for our customers around the world. Our locations include manufacturing facilities and global service capabilities in 35 countries. Through these worldwide operations and building on our heritage of innovation, our approximately 10,000 team members partner with our customers to deliver enduring solutions that make a lasting difference and help the world move forward. ITT is headquartered in Stamford, CT, with sales in approximately 125 countries. For more information, visit www.itt.com.
Essential Responsibilities
Key accountabilities and responsibilities finance operations:
Ensure the integrity, reliability and clarity of financial reportingManage efficient financial reporting and support understanding of underlying financial performanceDrive financial performance of the business and support General Manager and business with timely and quality decision-making, proper and insightful financial analysis and deploy strategic actionsAct as the voice of headquarters when implementing financial and company policies locally/regionallyCollaborate with MT and HQ functions with relevant and timely informationImplement and maintain appropriate control environment in the business unitActively sponsor any strategic investment project from inception to final implementationDrive the decision-making process and business profitability improvement:Support and work effectively with business leaders to improve fundamentals and advance strategySupport business development function to define and implement inorganic strategySupport global operational excellence initiatives, including driving action plans and benefitsSupport business units to define production capacity planning and ensure optimized utilizationContribute to FT strategic roadmap by bringing to light best options to ground sustainable performanceSupport growth strategy:Ensure profitable growth and maintain robust process around new business acquisitionSupport deployment of value-based commercial excellenceSupport aftermarket growth strategy through penetration of new geographiesLeadership and management:Elaborate and implement a global vision for the finance teamLead continuous improvement efforts to address bottlenecks and drive efficiencies in the finance organizationDevelop and implement succession planning and talent developmentDisplay an inspiring, adaptive leadership style with a hands-on approachReinforce and monitor proper implementation of General Manager's guidance and directionPosition Requirements
Key requirements:Currently CFO or Financial Executive in a manufacturing company with a global or a large regional perimeter and at least one international assignment in careerRelevant experience in the areas of financial planning, financial analysis and strategy in industrial environmentsDegree in Economics or related fields; MBA would be a plusStrong accounting skills and/or an internal controls background, preferably with industrial controlling experienceHas actively been part of large transformational projects (e.g.: ERP implementation, plant closures, greenfield, M&A...)Fluent in English and Italian. Any other languages would be an assetCapable of easily switching from strategic thinking to tactical, very execution orientedFocused on talent, experienced in managing teams and in elaborating actionable development plansStrong work ethic, ability to articulate and defend own opinion and promote best ideas, effective communicatorWorks well under pressure, fosters collaboration, knows how to drive changeWhat do we offer?
At ITT, we focus on inspiring the best in our team members. By fostering a healthy culture and by making customers central to everything we do, we've created an inclusive and welcoming workplace defined by innovation and the successes of our talented employees. Living the company values from our higher performance decathlon, we are curious, agile and innovative, and recognize the crucial role that solid Environmental, Social and Governance (ESG) practices play in our success - not just today, but as we look to tomorrow and the future.
ITT Diversity Equity and Inclusion Principles - In ITT our culture leads us to ensure same opportunity for all, leveraging diversities and building an inclusive environment. We welcome applications from all candidates, regardless the gender, race and ethnic, religion, sexual orientation, disability, parental status, or social origin.
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