Demant

Vice President, Finance

Department Demant Group Services Finance
Job Locations US-NJ-Somerset
Job ID
2021-9075

Overview

 

Demant is a leading international hearing healthcare company that develops, produces and sells hearing solutions, accessories, diagnostic instruments and personal communication. The group operates in a global market with own companies in more than 30 countries and employees exceeding 14,000 and revenues of well over 2 billion USD. Demant has a strong presence in the US market and is looking for outstanding passionate talent committed to the goals and mission of the company.  As one of the global market leaders in the hearing health care field, opportunities exist in many of our businesses, shared services as well as new ventures and projects. Group companies collaborate in many areas, and also share resources and technologies.

 

The Group Service Finance team is a shared service working closely with 4 key divisions to support the business. This leader will report to the COO and will partner with senior business leaders as a strategic thought partner to create long range plans, budget plans, and business forecasts to drive strategic initiatives to meet or exceed revenue goals.

Overall responsibility in areas of financial planning & analysis, Accounting, Tax, Treasury functions including AP/AR, Payroll, Credit areas. 

 

 

Responsibilities

  • Coordinate the financial reporting of sales and products of 30 legal entities in 4 divisions  reporting to COO, President and US leaders.  Provide analysis and explanation of financial plans and budgets and play a pivotal role on monitoring organizational progress. Provides support to key leadership executives on a broad range of operational, strategic, and tactical issues impacting company revenue and profitability
  • Enhances department by implementing strategic vision for Finance and builds standards, discipline and rigor and instills a metrics-based cul
  • Analyze the workforce and define short and midterm plans on staff, skill, systems and vendor support models to define most efficient and cost-effective support to the business
  • Creates a positive work environment that maximizes individual and team performance by setting expectations, holding individuals accountable to KPI’s, providing training/guidance/coaching to develop team members' capabilities
  • Oversee budgeting, and the implementation of budgets, to monitor progress and present operational metrics 
  • Build effective relationships and Liaise with HQ in Denmark on reporting budgets, monthly projections and actuals
  • Ensure that finance staff maintains financial record systems in accordance with Generally Accepted Accounting Principles
  • Builds strong relationships with business leaders and partners with business and department leaders on financial analysis, communications, scenario planning etc
  • Provide financial analysis and recommendations on our corporate legal reporting structure to ensure compliant and effective operation of the business
  • Provide comprehensive due diligence support for all acquisitions and also drive decision on full or partial integration
  • Define process and policy and effectively communicate, train and implement department and companywide changes

 

Qualifications

  • BS In Finance/Accounting required
  • CPA is required, MBA is preferred
  • Minimum of 10 years work experience in the financial field of a private sector with 5 years mid to senior level finance/accounting experience and 5 years management experience
  • Demonstrated excellence in managing finance, accounting, budgeting, and reporting
  • Results focus and exhibits a sense of urgency, drives self and team to execute timely on business goals
  • Demonstrated analytical and critical thinking ability– can conduct root cause analysis; make a recommendation understanding impacts and drive decision and implementation to support business strategies
  • Builds trust through personal credibility and creates mutual respect through words and actions. Consistently offers quality advice, counsel and insight
  • Superior relationship skills to ensure success in fast-paced, evolving and challenging business environment
  • Proven track record of working with Change Management
  • Drives self and others in continuous improvement activities and demonstrates innovative solutions
  • Proven ability to lead and influence others within all levels of the organization
  • Highly engaged with a strong commitment to developing team members
  • Willingness to create a harmonious team environment, setting cadence for team and individual meetings
  • High ethical standards and personal integrity demonstrated by individual’s approach to business and ability to set tone for team and organization
  •  

The Company is an Equal Opportunity / Affirmative Action employer, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status.

 

 

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