We're Watts. Together, we're reimagining the future of water.
We feel proud every day about what we do. We're all part of the same crucial mission, no matter what function we support -- it's to provide safe, clean water for the world, and to protect our planet's most valuable resource.
What we do:
For 150 years, Watts has built best-in-class products that are trusted by customers in residential and commercial settings across the world. We are at the forefront of innovation, working with cutting-edge technology to provide smart and connected, sustainable water solutions for the future. Watts is a leading brand with a quality reputation - and we have a dynamic future ahead.?
The Watts Water Technologies family of companies designs and manufactures valves and related products that promote the comfort and safety of people and the quality, conservation and control of water used in commercial, residential, industrial, and municipal applications. Everything we design is made to keep the Earth's most precious resource safer, cleaner, and more useful for our customers.Seeking a highly motivated and results-oriented Senior Finance Manager to join Watts Water Technologies and act as the Finance Leader for the America's Commercial Finance Team and Finance Business Partner to the Fluid Solutions General Manager. Reporting to the Director of Commercial Finance, this individual will be responsible for performance in the key areas of commercial excellence, operational effectiveness and operating profit. Core competencies for this position will include, but are not limited to, servicing internal customers with Monthly Operating Reviews, Forecasting, Budgeting, Strategic Planning and New Product Development, all of which, requires an ability to navigate complex datasets to prepare meaningful information that will drive informed decision making, respond to finance deliverables and establish business performance metrics that accurately measure the health of the Platform's business. This individual will also be expected to work cross-functionally to identify areas of improvement in processes, influence change, identify waste and implement best practice.
PRINCIPAL RESPONSIBILITIES AND DUTIES:
Monitor, analyze, investigate, and report variances to budget, forecast and prior periods.
Provide meaningful, timely financial analysis of business performance and opportunities.
Coordinate the development of annual operating plan and multi-year strategic plans.
Prepare monthly and quarterly financial forecast updates.
Compile and maintain operational metrics (KPI's).
Proactively seek out continuous improvements in existing processes to drive productivity/ efficiencies.
Participate in ad-hoc projects and prepares various ad-hoc reports.
Ensure compliance with Sarbanes-Oxley, GAAP and Watts Accounting Policies and Procedures.
Lead the financial modeling and analysis, as well as the cross-functional coordination of investments, for all New Product Development initiatives. Track investment progress for all initiatives, and lead action planning strategies for over/under investment.
Partner with business leaders on Pro-Forma financial analysis for strategic decision making (product line exits, pricing strategy, make vs buy, etc). Lead financial analysis and effectively present results to Management.
Review and Approve month-end Journal Entries and Account Reconciliations as appropriate
Partner with Platform leaders to optimize Inventory and CAPEX investments. Perform regular reviews of balance sheet metrics (Inventory Turns, Inventory Value, ROIC), and develop action plans to maximize Free Cash Flow.
Annually, partner with the Platform Leadership Team on the development of a 5-year Strategic Plan.
Conduct Customer Profitability and Product Profitability reviews with key stakeholders, including Platform Leads and Sales Team Leads. Identify opportunities for profitability improvement, and drive action plan to execute on improvement opportunities.
Provide leadership and career development for direct and indirect reports. Effectively manage all formal leadership requirements for Watts' performance management processes.
EDUCATION, EXPERIENCE AND REQUIRED SKILLS:
BS / BA in Accounting / Finance or related BS / BA degree with equivalent experience. MBA / CMA a plus.
8+ years of Experience in a similar role within finance or accounting for a manufacturing company.
Experience managing complex product portfolios within a multi-channel distribution model across multiple countries
Ability to effectively manage a large, complex, matrixed stakeholder group across varying levels of the organization (entry level through SVP).
Prior experience working in a finance partner capacity to Manufacturing, Distribution, Procurement, or Supply Chain functions is a plus
Demonstrated ability in analyzing, interpreting, and communicating financial information to various levels of management.
Capable of effectively manipulating and organizing large amounts of data.
Self-motivated, problem solver with a strong attention to detail.
Ability to work both independently and in a team environment.
Superior organizational skills, ability to multi-task and rearrange priorities as needed
Must be flexible and able to accurately work under time constraints and deadlines.
Advanced knowledge of the financial statements with strong business acumen.
Strong analytical / modeling skills a plus. Advanced Excel skills a plus.
Experience with Hyperion Financial Management, QAD, PowerBi or Tableau preferred.
Excellent communicator with an ability to interact with all levels of the Watts organization
MANAGEMENT/SUPERVISON:
Lead Team of direct reports
*PHYSICAL REQUIREMENTS:
While performing the duties of this job, the employee is frequently required to walk, talk, and/or hear. The employee is occasionally required to stand, sit, and use hands to finger, handle, or feel. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include: close vision, color vision, peripheral vision, depth perception and ability to adjust focus.
*WORK ENVIRONMENT:
Work in office environment
May occasionally be required to perform job duties outside the typical office setting.
OTHER JOB REQUIREMENTS:
Travel Required: 10%
Watts is committed to equal employment opportunity. We follow a policy of administering all employment decisions and personnel actions without regard to race, color, religion, creed, sex, pregnancy, national origin, sexual orientation, age, physical or mental disability, genetic disposition or carrier status, marital status, military or veteran status, minorities, or any other category protected under applicable federal, state, or local law. Consistent with the obligations of state and federal law, Watts will make reasonable accommodations for qualified individuals with disabilities. Any employee who needs a reasonable accommodation should contact Human Resources.
Watts in it for you :
Please note that the following benefits apply only to permanent roles and do not apply to internship roles.
Competitive compensation based on your skills, qualifications and experience
Comprehensive medical and dental coverage, retirement benefits
Family building benefits, including paid maternity/paternity leave
10 paid holidays and Paid Time Off
Continued professional development opportunities and educational reimbursement
Additional perks such as fitness reimbursements and employee discount programs
Learn more about our benefit offerings here: https://tapintowattsbenefits.com/
How we work:
At Watts, our culture is team-oriented and supportive. Employees here genuinely care about the quality of their work, and about each other. Our people are the heart of who we are and contribute to our longevity and continued success.
And this is a place where you can have a big career. No matter your role, there are opportunities for learning and development, and your daily contributions make a meaningful impact on the lives of people who use our products and on the future of water.
Watts is committed to equal employment opportunity. We follow a policy of administering all employment decisions and personnel actions without regard to race, color, religion, creed, sex, pregnancy, national origin, sexual orientation, age, physical or mental disability, genetic disposition or carrier status, marital status, military or veteran status, minorities, or any other category protected under applicable federal, state, or local law. Consistent with the obligations of state and federal law, Watts will make reasonable accommodations for qualified individuals with disabilities. Any employee who needs a reasonable accommodation should contact Human Resources.
