Director, Finance

Wolters Kluwer•Chicago, IL

1d•Hybrid

About The Position

Wolters Kluwer Health division provides trusted clinical technology and evidence-based solutions that engage clinicians, patients, researchers, students, and the next generation of healthcare providers. As the Director of Finance, Health, you will serve as the strategic finance business partner for the functional Executive Leadership team within the Health Division, a strategic and highly successful division within Wolters Kluwer. You will be responsible for driving the FP&A function including, but not limited to financial reporting, forecasting, budgeting, financial modeling, headcount planning, business cases and supporting key business initiatives. You will also develop and manage a team of corporate financial analysts. In this role, you will report to the Vice President, Finance and work a hybrid schedule from our local office (2 days in office, 3 days remotely). Responsibilities: · Represents Wolters Kluwer Health in a positive, professional, and customer focused manner. Treats fellow employees and carries out all tasks while demonstrating the Wolters Kluwer Corporate Values: Focus on Customer Success, Make It Better, Win as a Team, Aim High & Deliver. · Serves as a key senior member of the Health Finance team, acting as a key influencer of business strategy and sharing accountability for the business’ financial performance · Drive consistency around financial reporting and financial modeling that will be used for strategic investment decisions · Support Health initiatives as needed, develop business models for incremental revenue opportunities and new products. · Ensures functional group leaders and all other senior executives receive financial support as required for them to successfully manage their functions, including forecasting, budgeting, long term planning, expense analysis, financial modeling, and scenario planning and analysis, and other decision-making support as needed. · Provides analytical insight and objective and accurate information on the forecasts and operations of the business, enabling the best decision making by the Health business leaders. · Oversee the capital allocation process for the Health division. · Working with team, analyzes and interprets financial information pertaining to the business’ performance. Makes recommendations concerning business policy, resource allocation, and business operations to improve company financial performance. Alerts senior leadership to trends in the financial performance of various segments of the business that may require management attention. · Creation, preparation and monitoring of forward looking KPIs to ensure the business can achieve their forecasts. · Seek continuous improvements to financial processes through automation, streamlining processes, improved communications, additional training, and documentation. · Support the Health FP&A responsibilities which will also include substantial involvement and responsibility for communication to Division and Corporate stakeholders such as three-year plans, quarterly forecasts, the annual budget, and other monthly Division meeting presentations. · Manages and develops a team of Finance professionals by setting clear goals and objectives; providing professional guidance, training, and leadership to develop talent and maintain a highly motivated team. Ensure growth in capability of the finance resources and a solid succession plan for the finance organization. · Performs other duties as assigned by Health VP, Finance.

Requirements

Bachelors degree in Business Administration with a concentration in Finance, related field or equivalent experience required
Minimum of 10 years’ total experience, with minimum of 5 years’ experience in senior financial analyst role in a subscription-based business model. 3+ years' experience managing a team of financial analysts in a large corporate environment.
Proactive experience working as a strategic finance business partner to senior leadership team.
Strong team building skills with a commitment to continuous team development.
A collaborative leader and effective communicator with strong written and oral skills
Proficient in Microsoft suite including advanced Excel. Proficiency in ERP accounting software such as Great Plains, Oracle, SAP. Proficiency in financial reporting systems and CRM such as Salesforce. Use of CPM tools highly desired.

Nice To Haves

MBA, preferred
CPA, preferred

Responsibilities

Represents Wolters Kluwer Health in a positive, professional, and customer focused manner. Treats fellow employees and carries out all tasks while demonstrating the Wolters Kluwer Corporate Values: Focus on Customer Success, Make It Better, Win as a Team, Aim High & Deliver.
Serves as a key senior member of the Health Finance team, acting as a key influencer of business strategy and sharing accountability for the business’ financial performance
Drive consistency around financial reporting and financial modeling that will be used for strategic investment decisions
Support Health initiatives as needed, develop business models for incremental revenue opportunities and new products.
Ensures functional group leaders and all other senior executives receive financial support as required for them to successfully manage their functions, including forecasting, budgeting, long term planning, expense analysis, financial modeling, and scenario planning and analysis, and other decision-making support as needed.
Provides analytical insight and objective and accurate information on the forecasts and operations of the business, enabling the best decision making by the Health business leaders.
Oversee the capital allocation process for the Health division.
Working with team, analyzes and interprets financial information pertaining to the business’ performance. Makes recommendations concerning business policy, resource allocation, and business operations to improve company financial performance. Alerts senior leadership to trends in the financial performance of various segments of the business that may require management attention.
Creation, preparation and monitoring of forward looking KPIs to ensure the business can achieve their forecasts.
Seek continuous improvements to financial processes through automation, streamlining processes, improved communications, additional training, and documentation.
Support the Health FP&A responsibilities which will also include substantial involvement and responsibility for communication to Division and Corporate stakeholders such as three-year plans, quarterly forecasts, the annual budget, and other monthly Division meeting presentations.
Manages and develops a team of Finance professionals by setting clear goals and objectives; providing professional guidance, training, and leadership to develop talent and maintain a highly motivated team. Ensure growth in capability of the finance resources and a solid succession plan for the finance organization.
Performs other duties as assigned by Health VP, Finance.