Senior Finance Manager - Industrial Asset Services

Woodward is committed to creating a great workplace for all team members. Our company and its members are committed to acting with integrity, being respectful and accountable to one another, and staying humble and driven, while maintaining the highest professional and ethical standards.

We are steadfastly committed to attracting the best talent across our communities, creating a rewarding workplace. Together we are fulfilling our purpose to design and deliver energy control solutions our partners count on to power a clean future.

Woodward supports our members' wellbeing and regularly benchmarks with other companies in our industry to offer an extensive Total Reward package for this position. Salary will be determined by the applicant's education, experience, knowledge, skills, and abilities, as well as internal equity and alignment with market data.

• Estimated annual base pay: $134,000(minimum) - $167,000(midpoint) - $201,000(maximum)
• Equity

All Levels are eligible for the benefits below:

• All members included in annual cash bonus opportunity.
• 401(k) match (4.5%)
• Annual Woodward stock contribution (5%)
• Tuition reimbursement and Training/Professional Development opportunities for all members
• 12 paid holidays, including floating holidays.
• Industry leading medical, dental, and vision Insurance upon date of hire
• Vacation / Sick Time / Vacation Buy-up / Short Term Disability / Bereavement leave.
• Paid parental leave.
• Adoption Assistance
• Employee Assistance Program, including mental health benefits.
• Member Life & AD&D / Long Term Disability / Member Optional Life
• Member referral bonus
• Spouse / Child Optional Life / Optional AD&D / Healthcare and Dependent Care Flexible Spending
• Voluntary benefits, including:
  • Home / Auto Insurance discounts
  • Whole Life Insurance / Critical Illness Insurance / Legal Assistance / Military Leave

Are you ready to make your mark? If you're a Finance Manager, we have an exciting opportunity for you. The Industrial Asset Services Business Unit Senior Finance Manager is the finance business partner to the Business Unit (BU) General Manager with full responsibility for the business unit P&L financial statement. He/she will have a strong dotted line to the Asset Services BU GM and report functionally (solid line) to the Industrial Segment Unit CFO.

The Industrial Asset Service Business is a global engineering solutions provider helping our customers to optimize and upgrade their installed base of engine system controls for power, industrial and marine applications.

The Industrial Asset Services Business is a key contributor to the Industrial segment growth and a key lever to continue expanding our margins by increasing the penetration into the service market.

Through analysis and recommendations, this role will have a meaningful impact on helping to shape the strategic direction and to grow this strategic business unit, monitoring and improving business performance, and over time will establish standard processes, and strength financial internal controls and reporting.

• Provide overall financial support to the General Manager of the Asset Services BU with full P&L responsibility
• Partner with Asset Services extended management team to develop fact-based, long-range strategic plan, identify and implement strategic initiatives to substantially grow the business over the next 3 years
• Work closely across Industrial Product Lines teams to model services grow potential developing a full understanding of the installed base and the integrated product lifecycle profitability (product and services profitability at product and customer level)
• Responsible for annual budgeting, quarterly forecasting and monthly management reporting and variance analysis for the Asset Service BU. Prepare accurate and timely management reporting package and lead monthly financial operational reviews with the Asset Services team
• Improve BU P&L forecast accuracy by implementing standard project management practices and reporting to monitor project scope, schedule, budget and R&O across the project portfolio
• Provide visibility to relevant operational project KPIs, such as as-sold vs realized margin, percentage of completion, project cash flows to drive continuous improvements and improved project profitability
• Review cost structure of the business and advised on resource planning to ensure proper utilization of resource and fixed labor cost optimization. Responsible to set the annual standard price for billable engineering and project management resources and monthly tracking of over/ under utilization metric and explanation of P&L variances
• Improve Inquiry to Order reporting of orders pipeline, conversion metrics, win/loss, orders and backlog reporting for the Asset Services business
• Work closely with the site finance managers based across our global field services and repair footprint to implement standard work and consistency in reporting across legal entities that support the Asset Services BU. Attend site monthly closing & reporting…