Sr. Director, North America Commercial Finance

embecta•Parsippany, NJ

1d•Hybrid

About The Position

embecta is a global diabetes care company that is leveraging its 100-year legacy in insulin delivery to empower people with diabetes to live their best life through innovative solutions, partnerships and the passion of more than 2,000 employees around the globe. For more information, visit embecta.com or follow our social channels on LinkedIn, Facebook, Instagram and X. Why join us? A career at embecta means being part of a team that values your opinions and contributions and that empowers you to bring your authentic self to work. Here our employees can fulfill their life’s purpose through the work that they do every day. You will learn and work alongside inspirational leaders and colleagues who are equally passionate and committed to fostering an inclusive, growth-centered, and rewarding culture. Our Total Rewards program – which includes competitive pay, benefits, continuous learning, recognition, career growth and life balance components – is designed to support the varying needs of our diverse and global employees. The Sr. Director, North America Commercial Finance reports to the VP of Commercial Finance with direct business partner support to the SVP, President of North America. This role sits on the North America Commercial Leadership Team, providing effective financial leadership and partnering to the commercial team on accelerating growth and improving financial performance and business profitability. This role will sit hybrid in our Parsippany, NJ office

Requirements

BS in Finance, Accounting, or technical field (or corresponding relevant work experience).
7+ years’ relevant work experience in Finance and Accounting.
Experience working with Commercial teams to deliver growth and profitability.

Nice To Haves

Medical device, pharmaceutical and/or life science industry experience.
Strong interpersonal skills.
Exemplary analytical skills and ability to think creatively about problem solving and opportunity creation.
Focus on continuous process improvement.
Microsoft Office (including high proficiency in Excel) required, SAP S/4 Hana, SAC-P and Blackline preferred.

Responsibilities

In line with Corporate / Global expectations, define with the North America President the overall financial strategy to sustainably drive Sales and OIBT profitability.
Partner and guide implementation of financial and business strategy while working closely with the North America commercial business teams.
Pricing committee member within the region, ensuring alignment of appropriate price corridors and implementation by channel to the overall financial and business strategy.
Ensuring accurate financial reporting, internal controls compliance, and optimizing the balance sheet to drive improvements in free cash flow.
Preparing accurate sales forecasting leading to efficient inventory management, reviewing customer receivables, and reviewing business proposals for distributor payment terms and credit limits to reduce DSO, working closely with controllership and commercial operations teams.
Participating in the integrated Sales and Operations Planning (S&OP) process, ensuring alignment between demand, supply and financial projections.
Monitor key business drivers and provide fact-based business partnering.
Actively participate in business decision making processes to support embecta growth by providing financial support to key business initiatives such as acquisitions, divestitures, business alliances, special projects, etc.
Lead all aspects of the Financial Reporting Processes.
Define and implement: efficient timely processes to meet Global Business deadlines. financial monitoring processes: set-up specific goals, establish and support the implementation of the measurement tools and systems, propose corrective actions.
Lead the month-end closing process aligned with GAAP principles and corporate accounting policies and practices, including SOX controls.
Liaise with internal and external audit for all Sarbanes-Oxley control related items during the monthly and quarterly close.
Ensure effective flow of information within the North America region and Global business and finance teams.
Develop and communicate standard operating financial data for sales and expenses, with presentation of P&L and balance sheet monthly results to the executive Operating Team.
Actively collaborate with the North America leadership team as well as embecta Global team in the development of the Annual Operating Plan (AOP) and Long Range strategic, operational, and financial plans.
Preparing and validating the quarterly forecasts for analyzing and monitoring financial performance
Analyze and assess risk and opportunities as well as mitigation plans to achieve goals; proactively working with commercial team to take potential corrective actions to address any gaps where possible or analyze and support funding needs to execute and realize identified opportunities.
Clearly articulating and presenting the forward-looking North America commercial forecasts to embecta global and executive Operating Team
Manages, educates, and provides coaching and formal feedback to staff / team of professionals.
Creates an atmosphere where people are engaged, rewarded for positive progress and share a strong sense of ownership of the organization.
Develop strategic and organizational knowledge.
Seeks and takes advantage of professional development opportunities and strives to achieve highest degree of competency.
Promotes collaborative culture within team and cross functionally.