What are the responsibilities and job description for the Finance Director position at INNIO?
About Us:
By combining a rich legacy in the power and gas compression space with pioneering technology, INNIO brings our customers affordable, reliable, and sustainable energy solutions for today—and tomorrow. We are helping to meet today’s energy needs with 64 GW of installed capacity and 48,000 of our powerful Jenbacher and Waukesha engines, which can be found in more than 100 countries. And, by harnessing our history of energy industry firsts along with the power of digital innovation, we will continue to deliver for the future. It’s time to take engines to a place no one else can. Welcome to a World of Innovation and Inspiration. Welcome to INNIO!
Job Summary:
The Finance Director will be based at our Trenton, NJ facility in a hybrid capacity & lead a finance team with immediate responsibility for the INNIO US Container joint-venture (majority owned consolidated subsidiary of INNIO). In this capacity, they will ensure timely implementation of relevant financial processes and associated ERP capabilities. The role will eventually also assume responsibility of both the Equipment and the Service part of Jenbacher’s North America business covering planning, pacing, reporting, working capital management, etc. activities in close cooperation with the respective Controlling function heads at HQ.
Key responsibilities for this role include:
- Finance lead for the US Container joint-venture (majority owned consolidated subsidiary of INNIO) being responsible for ERP implementation (Sage), integration with Oracle used by the Group.
- Once operational, day to day management / oversight for financial processes of the JV including but not limited to, monthly BRM reporting, planning, forecasting, pacing, working capital management and closing related activities.
- Partnering with the Head of Equipment finance to ensure smooth fulfilment of US new unit contracts out of the Houston Legal entity and the NES / WES Legal Entity in Pennsylvania
- Partnering with Head of Services Finance Jenbacher, as Finance leader for the NES / WES entity acquired by INNIO in 2023, responsible for BRM reporting, planning, forecasting, pacing, working capital management and closing related activities also in close cooperation with the NES / WES GM located in Pennsylvania.
As required:
- Participating in negotiations (front- and back-end) with customers.
- Providing guidance and expertise on contractual terms and conditions, revenue recognition, etc.
- Reviews and approves contract terms per Commercial Delegation of Authority (DOA) and participating in negotiations (front- and back-end) with customers
- Drive controllership mindset and process awareness within Commercial / fulfillment teams to ensure financial and process compliance across commercial activities & reporting
Minimum Requirements:
- Bachelor's / master’s degree in finance or business Administration.
- Chartered Accountant qualification a plus.
- Professional experience in manufacturing / production finance, commercial contract execution for a manufacturing business or FP&A desired.
- Understanding of commercial and financial processes and deal structures within industrial business.
- Excellent communication skills and assertiveness: experience working across multiple levels, functions.
- Ability to work cross-functionally and with distributed teams.
- Hands-on approach and autonomous in work.
- Strong analytical skills.
- Ability to challenge existing processes, problem solving.
- Proficient use of Microsoft Office (e.g. Excel, PowerPoint).
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