Regional CFO - North America

Position Summary

The regional CFO provides leadership and direction to the Finance & Controlling, IT and Facilities team in North America and reports, as a member of the North American Leadership Team, the North American Compliance Committee, and the Regional Governance Board to the regional CEO.

Key Responsibilities

Financial Strategy and Planning

• Develop and execute financial strategies aligned with Draeger’s corporate objectives and growth plans.
• Coordinate the overall planning process (in line with Group planning guideline / instructions) for the Region and its subsidiaries incl. required alignment between Region and Divisions.
• Lead financial modeling efforts to optimize financial performance.
• Prepare strategy decisions and implement strategy projects as assigned.

Financial Management

• Oversee the FP&A (financial planning & analysis) functions.
• Provide financial analysis and insights to support business decisions and drive operational efficiency.
• Evaluate investment opportunities, partnerships, and revenue-generating initiatives.
• Drive cost management and optimization.
• Monitor KPIs, financial metrics and initiatives to achieve budget and midterm plan.
• Provide timely and accurate financial reports assisting decision making process.
• Ensure timely and accurate payroll process.
• Track and manage required cash flow.
• Identify and implement tax efficient initiatives.

Business Support

• Participate in and support regional and country strategy design, formulation, implementation and review in close collaboration with the regional leadership team under the leadership of the Regional CEO.
• Provide financial/commercial support/advise to set-up new businesses, launch new products or business divesture activities.
• Provide internal and external benchmarking as appropriate.
• Provide financial/commercial advice in project and large tender business, e. g. clarification of commercial conditions and their impact on profitability, support in contract structuring etc.
• Interface with other organizational units to ensure availability of relevant financial data as well as support the alignment among the functions.
• Harmonize and improve business processes where possible and reasonable.

Compliance and Regulatory Oversight

• Ensure compliance with financial regulations and reporting requirements.
• Ensure proper functioning of all accounting and finance systems, databases, and software.
• Review and ensure application of appropriate internal controls and financial procedures.
• Closely collaborate with the Managing Directors on the set-up and maintenance of authorization schemes such as delegation of authorities for the country organizations.
• Stay updated with industry trends and regulatory changes affecting the Draeger’s financial operations.
• Ensure tax preparation of all Draeger entities in North America.
• Support the corporate tax function in the implementation of cross-border requirements.
• Work with Human Resources, Legal & Compliance and Senior Management to ensure appropriate compliance and governance.

Risk Management

• Ensure the set-up and maintenance of an appropriate risk management system.
• Ensure a risk reporting according to the existing guidelines.
• Support and monitor the execution of countermeasures in to mitigate risks.
• Develop and implement risk management strategies to safeguard financial assets and reputation.

IT Strategy and Management

• Provide oversight and strategic direction to the regional IT department, ensuring efficient, effective, and secure IT services and tools in alignment with our corporate IT strategy.

Facility Management

• Strategize and coordinate facility management activities for all North American Draeger sites in close cooperation with local Site Managers and Corporate Real Estate.

Qualifications

• Proven experience as a CFO or senior financial executive in the manufacturing and or sales & service industry with at least ten years in leadership roles.
• Master’s degree (MBA) or the equivalent in Accounting, Finance, or relevant field.
• Fifteen or more years of professional experience with at least ten years in Finance and Accounting management.
• Strong understanding of financial modeling, forecasting, and budgeting techniques.
• Excellent analytical and problem-solving skills with a keen attention to detail.
• Advanced proficiency in financial software and ERP systems.
• Ability to communicate complex financial information effectively to non-financial stakeholders.

Professional Attributes

• Strong leadership, intercultural awareness, and cross functional team management skills.
• Strategic thinker with a proactive problem-solving approach.
• Strong analytical skills.
• Strong business acumen and negotiation skills.
• Proficient communication and convincing presentation skills.
• Project management skills.
• Ability to thrive in a dynamic, fast-paced environment.
• Ethical and transparent conduct in all dealings.
• Commitment to continuous improvement and professional development.

In North America, Dräger employees over 1,400 employees working in our major sites in the United States and Canada (in the US:  Andover, MA; Telford, PA; Houston / Coppell, TX, and in Canada:  Mississauga, ON and Kingston, ON), including our Sales and Service team from coast to coast.

The position is based at the Dräger location in Telford, PA and includes travel by air and vehicle to domestic and international locations.

EEO is the Law

Draeger is an Equal Opportunity Employer. To learn more: Know Your Rights: Workplace Discrimination is Illegal (dol.gov)

From hospitals to fire departments to industrial customers, people around the world rely on our products: cutting-edge technology that combines real engineering with the digital future. With over 130 years of experience, passion and the bold ideas of more than 16,000 employees, we are committed to turning technology into ›technology for life‹.