Finance Director, Asia Engineering at Stanley Black & Decker

Suzhou, Jiangsu, China

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Manufacturing, EngineeringIndustries

Requirements

Bachelor’s Degree in Accounting, Finance, or related discipline. CPA, CMA and/or MBA preferred
10+ years demonstrated Finance experience
Demonstrated experience growing, developing, and managing a high-performing team throughout periods of high change
Strong analytical and quantitative skills, interpersonal effectiveness, and leadership
Experience in strategic planning and execution along with critical thinking, strong analytic, and communication skills
Demonstrated problem solving and process improvement capabilities
Strong cross functional leadership skills and experience driving change in a matrixed environment
High business acumen and increased collaboration

Responsibilities

Oversee all financial aspects of ASIA engineering initiatives, including long range financial planning, revenue growth strategies, profit expansion and compliance
Work closely with cross functional teams from commercial, operations, brand & product, and enabling functions to ensure products and engineering strategies align with financial goals and objectives
Provide financial guidance for the management of the NPD roadmap and engineering KPIs to deliver new product on time and on cost
Partner with Engineering Senior Leadership to drive financial performance and process excellence
Evaluate financial potential of new programs (NPD, Productivity, GSC Initiatives, etc.) using financial models to analyze payback/returns and drive prioritization based on investments and current resource utilization
Support the Strategic Plan, the Annual Operating Plan, Quarterly Forecasts and monthly business reviews by leveraging data and analytics to provide guidance on driving growth and profitability
Evaluate SG&A and CAPEX budget needs and prioritization for annual budget, forecast and actual monthly reporting
Effectively manage multiple priorities within a broad team of cross-regional and cross-functional team members including Product Marketing, Category Management, Engineering and Operations
Drive process improvements to improve efficiency and effectiveness of the finance function
Partner closely with the FP&A team to understand the financials, performance, and forecasts impacting engineering
Lead & support critical business rhythms for engineering, bringing data and insights to ensure projects are delivered on time, on quality, and on budget
Develop associates within the Engineering Finance team, providing opportunities to learn and grow in their career

Skills

Key technologies and capabilities for this role

Financial PlanningFinancial ModelingROI AnalysisKPI ManagementNPD RoadmapBudgetingForecastingCross-Functional CollaborationComplianceRevenue Growth

Questions & Answers

Common questions about this position

What is the location for the Finance Director, Asia Engineering role?

The position is located in Suzhou.

What does the Finance Director, Asia Engineering do?

The role involves overseeing financial aspects of Asia engineering initiatives, including long-range planning, revenue growth, profit expansion, compliance, and providing financial leadership to the engineering organization.

What skills or experience are needed for this position?

Key skills include financial modeling for program evaluation, data analytics for planning and forecasting, cross-functional collaboration, process improvement, and leadership in managing teams and business rhythms.

What is the company culture like at Stanley Black & Decker?

The company values people with a sense of purpose, integrity, relentless pursuit of excellence, and a commitment to making things better, supported by a global team of over 53,000 professionals across 60 countries.

Who does the Finance Director, Asia Engineering report to?

The role reports directly to the Finance Leader, Engineering Design Centers and to the VP business partner, the Asia Engineering Leader.

Stanley Black & Decker

About Stanley Black & Decker

New Britain, ConnecticutHeadquarters

1843Year Founded

IPOCompany Stage

Industrial & Manufacturing, Consumer GoodsIndustries

10,001+Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Company Match

401(k) Retirement Plan

Employee Stock Purchase Plan

Paid Vacation

Paid Sick Leave

Paid Holidays

Unlimited Paid Time Off

Wellness Program

Phone/Internet Stipend

Risks

Emerging Asian tool manufacturers increase competition, impacting market share and pricing.

Stricter environmental regulations may raise production costs for power tools.

Growing tool rental services could reduce individual tool purchases, affecting sales.

Differentiation

Stanley Black & Decker integrates WhisperDrive technology, enhancing product performance and market appeal.

DEWALT's POWERSHIFT system reduces CO2e emissions by up to 60%, leading in eco-friendly tools.

CRAFTSMAN's seven 2024 Pro Tool Innovation Awards highlight its industry-leading innovation.

Upsides

Partnership with WECS Renewables expands reach into the renewable energy sector.

Increased demand for eco-friendly tools boosts DEWALT's market traction in North America.

DEWALT's tool donation initiative supports tradespeople, potentially increasing brand loyalty.

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