VP, Financial Planning & Analysis

Trane Italia•Davidson, NC

27d•Hybrid

About The Position

Trane Technologies is seeking a strategic, innovative and results-oriented Vice President, Financial Planning & Analysis to serve as a key member of the corporate financial leadership team. Reporting to the Chief Financial Officer, the VP, Financial Planning & Analysis is responsible for delivering value-added business analysis as well as defining and reporting meaningful enterprise financial and operational metrics that support insightful, accurate and timely business decision-making. The VP, FP&A is responsible for overseeing the corporate financial planning organization that builds strong relationships with our regional businesses and enterprise functional leaders which results in a comprehensive understanding of key business drivers and financial models that enable the team to deliver value-added analysis across the enterprise.

Requirements

More than 15 years of experience, ideally in a multinational/global business, with several years of experience in finance leadership positions in complex, progressive, global planning and analysis environment along with a strong track record of personal achievement and advancement
Finance leader role in a large business unit/segment responsible for finance functions and strategic and operational planning and forecasting
Minimum of 5 years in finance leadership role developing high-performing talent and directing high-performing team(s)
International experience/exposure
Experience in an industrial and/or consumer products businesses
Must possess and demonstrate high degree of financial, analytical and process leadership competence and business acumen
A Bachelor’s degree is required
Proven track record of teamwork, innovation and results in financial planning & analysis
Ability to interact with and influence people at all levels of an organization
A track record of progressively responsible assignments in large, multinational companies
Proven success managing large-scale, multi-departmental projects
Effective decision-making with attention to detail
Hands-on as well as strategic approach with the ability to drive change and achieve business results

Nice To Haves

An MBA or equivalent advanced degree is highly preferred

Responsibilities

Lead a central team that coordinates financial planning & analysis activities led by the enterprise, including timelines, targets and requirements for annual operating plan, quarterly business reviews and forecasts, analysis of monthly results and enterprise business reviews, long-range plans and operational updates for the board of directors meetings. Manage enterprise process functionality, standardization and changes to improve efficiency and effectiveness of business planning processes and systems
Serve as an advocate for the business while leading the assessment of enterprise plans and business plan performance, including risks and opportunities, as well as recommending actions to identify value creation opportunities and improve business outcomes
Partner with the management team at the regional and BU level and corporate, to provide value-added insight into the business
Prepare a monthly reporting package that includes comprehensive Key Performance Indicator (KPI) reporting, analysis of key business trends, actual versus forecast variances with comprehensive explanations of differences
Drive an efficient, effective and comprehensive process for developing financial plans and analysis that links to the enterprise strategy and partner with regional leadership teams to ensure execution
Develop and monitor the company’s annual budget and monthly forecasts, which shall include establishing budget tools, setting timelines and acting as project manager for the company, ensuring all budgets are accurate, comprehensive and completed on time
Prepare and monitor the company’s long range strategic planning financial models
Support quarterly external reporting, including earnings releases, presentations and earnings call support
Manage the agenda for the enterprise Investment Review Board to evaluate major investment decisions across the enterprise
Actively own key finance and business processes and applications including OneStream and data and analytics strategy
Be a partner with our strategy group to develop and enhance competitive intelligence, customer intelligence, geographic economic data and technology trends
Exhibit flexibility and willingness to take on new responsibilities and assignments as they are identified and to assist with various ad hoc projects as needed
Maintain relationships with global finance teams to ensure quality deliverables and proper information flow