What are the responsibilities and job description for the Chief Financial Officer position at Mack Trucks?
Transport is at the core of modern society. Imagine using your expertise to shape sustainable transport and infrastructure solutions for the future? If you seek to make a difference on a global scale, working with next-gen technologies and the sharpest collaborative teams, then we could be a perfect match.
Purpose of Job
Partner with President and Board of Directors to ensure financial health of the business and achievement of long-term profitable growth plans. Responsible for overall financial management of the company (both retail sales and financial services divisions), including financial strategies, financial planning & analysis, budgeting and reporting, functional accounting, cash management, capital expenditures, financial control systems, compliance, and risk management. Strong role in overall company strategy formation, working closely with the President and the Board to develop and implement long-term growth plans. Key member of the Executive Committee, visible leader to the overall company employee base, partner to commercial leaders in driving performance improvements, and functional center of excellence for branch-based Finance & Insurance Managers.
This position reports to President, Arrow Truck Sales. Occasional travel required.
Responsibilities
Leading and empowering a team of finance and accounting professionals to add significant value to the business through ownership and consistent delivery of the following key responsibilities:
We value your data privacy and therefore do not accept applications via mail.
Who We Are And What We Believe In
Our focus on Inclusion, Diversity, and Equity allows each of us the opportunity to bring our full authentic self to work and thrive by providing a safe and supportive environment, free of harassment and discrimination. We are committed to removing the barriers to entry, which is why we ask that even if you feel you may not meet every qualification on the job description, please apply and let us decide.
Applying to this job offers you the opportunity to join Volvo Group. Every day, across the globe, our trucks, buses, engines, construction equipment, financial services, and solutions make modern life possible. We are almost 100,000 people empowered to shape the future landscape of efficient, safe and sustainable transport solutions. Fulfilling our mission creates countless career opportunities for talents with sharp minds and passion across the group’s leading brands and entities.
Arrow Truck Sales, part of Volvo Group, is the leading retailer of used medium and heavy duty trucks in North America, with locations throughout the US and Canada. Since 1950, Arrow has built a solid reputation in the trucking industry by providing high-quality, pre-owned vehicles to customers who want to maximize the value of their purchasing dollars.
Purpose of Job
Partner with President and Board of Directors to ensure financial health of the business and achievement of long-term profitable growth plans. Responsible for overall financial management of the company (both retail sales and financial services divisions), including financial strategies, financial planning & analysis, budgeting and reporting, functional accounting, cash management, capital expenditures, financial control systems, compliance, and risk management. Strong role in overall company strategy formation, working closely with the President and the Board to develop and implement long-term growth plans. Key member of the Executive Committee, visible leader to the overall company employee base, partner to commercial leaders in driving performance improvements, and functional center of excellence for branch-based Finance & Insurance Managers.
This position reports to President, Arrow Truck Sales. Occasional travel required.
Responsibilities
Leading and empowering a team of finance and accounting professionals to add significant value to the business through ownership and consistent delivery of the following key responsibilities:
- Strategic Planning: Collaborates with President, Board of Directors, and Executive Committee to develop and implement strategic plans, serving as functional lead for related investment plan and proforma financial statements.
- Financial Planning & Analysis: Creates, monitors and manages performance to budgets, financial plans, and formal estimates to deliver in-year and multi-year financial ambitions. Performs ad-hoc analyses to support business development process.
- Functional Accounting: Manages day-to-day functional accounting of the full business, including closing the books each month, quarter and fiscal year.
- Financial Reserves: Owns reserve methodology (in line with company policy and accounting standards) and ongoing execution to minimize future financial risk, with particular attention to retail financing loan portfolio and inventory valuation.
- Financial Reporting: Prepares formal financial reporting for own company and further consolidation with global parent company.
- Capital Expenditures: Owns CapEx budget and related process, aligning on quarterly basis with President and Board of Directors.
- Cash Management: Ensures cash flow is compatible with sustainable business and financial operations and meets expectations established by Board of Directors.
- Compliance and Risk Management: Identifies, assesses and controls business and related financial risks, including those related to company policies and external regulatory bodies.
- Business Control: Establishes, operates, monitors, and continuously improves system of business controls to ensure compliance with accounting standards, company policy, and regulatory requirements.
- Performance Management: Leverages business analytics resources and partners with commercial leaders to support ongoing performance management of commercial functions.
- Finance & Insurance: Serves as functional center of excellence for Finance & Insurance operations, ensuring practices are compliant with company policy and regulatory requirements
- Legal: Serves as primary point of contact for external legal counsel. Delegates day-to-day customer service / warranty related issues to VP Operations.
- Insurance and Licensing: Ensures insurance, licensing and other key requirements for business operations continuity are fully compliant, up to date, and refreshed annually.
- Tax: Works with parent company tax resources to ensure compliance and optimization.
- Executive Committee: As a senior member of the Executive Committee, engages cross functionally to collectively advance company-level priorities.
- Business Insight: Applying knowledge of business and the marketplace to advance the organization goals.
- Resourcefulness: Securing and deploying resources effectively and efficiently.
- Organizational Savvy: Manoeuvring comfortably through complex policy, process and people-related organizational dynamics.
- Cultivates Innovation: Creating new and better ways for the organization to be successful.
- Drives Vision and Purpose: Painting a compelling picture of the vision and strategy that motivates others to action.
- Directs work: Providing direction, delegating, and removing obstacles to get work done.
- Drive for results: Can be counted on to exceed goals successfully; is constantly and consistently one of the top performers; very bottom-line oriented; steadfastly pushes self and others for results.
- BA/BS degree in Finance or related field; CPA preferred
- Minimum of 15 years of relevant experience
We value your data privacy and therefore do not accept applications via mail.
Who We Are And What We Believe In
Our focus on Inclusion, Diversity, and Equity allows each of us the opportunity to bring our full authentic self to work and thrive by providing a safe and supportive environment, free of harassment and discrimination. We are committed to removing the barriers to entry, which is why we ask that even if you feel you may not meet every qualification on the job description, please apply and let us decide.
Applying to this job offers you the opportunity to join Volvo Group. Every day, across the globe, our trucks, buses, engines, construction equipment, financial services, and solutions make modern life possible. We are almost 100,000 people empowered to shape the future landscape of efficient, safe and sustainable transport solutions. Fulfilling our mission creates countless career opportunities for talents with sharp minds and passion across the group’s leading brands and entities.
Arrow Truck Sales, part of Volvo Group, is the leading retailer of used medium and heavy duty trucks in North America, with locations throughout the US and Canada. Since 1950, Arrow has built a solid reputation in the trucking industry by providing high-quality, pre-owned vehicles to customers who want to maximize the value of their purchasing dollars.
