Vice President of Finance, Wolters Kluwer
CP&ESG, CCH, Tagetik
$203.9-262.1k
More information about location
2+ days a week in office
Information services and software solutions
Be an early applicant
Information services and software solutions
1001+ employees
Be an early applicant
$203.9-262.1k
More information about location
2+ days a week in office
1001+ employees
Company mission
To empower our professional customers with the information, software solutions, and services they need to make critical decisions, achieve successful outcomes, and save time.
Role
Who you are
- Minimum: Bachelor’s Degree in Business, Finance, or related discipline
- Preferred: Master’s Degree in Finance, Business Administration, or related discipline
- 15 years FP&A experience with a min 10 years leading teams and responsibility for financial operations for a revenue line of business
- Able to meet all priorities and deliverables within a matrixed organizational structure
- Ability to balance priorities of managing and inspiring teams of people, projects of varying complexity, and the daily operations of the business while maintaining focus on the work that is most critical to success
- Completing highly complex, long-term projects involving multiple disciplines or divisions to ensure strategic goals and corporate vision are achieved is also required
- Using financial and operational analysis and insight development to improve business performance and profitability
- Effective business advisory and influencing skills while working across a variety of functions, business units, and geographies
- Proven track record of managing financial operations across multiple geographic regions, with a deep understanding of local regulations and market conditions
- Extensive experience in financial strategy development that accommodates diverse business models and P&L structures, ensuring sustainable growth in various markets
- Familiarity with currency management and foreign exchange risks associated with operating in international markets
- Demonstrated excellence in managing finance, accounting, budgeting, control, and reporting, preferably in a multi-national environment
- A collaborative leader and effective communicator with strong written and oral skills
- Strong commitment to developing team members
- Highly developed executive presence with strong collaboration skills; able to articulate a value proposition and secure buy-in and support from senior executive leadership, peers, and staff
- Expert in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook). Familiarity with SAP
- Must be capable of multitasking, prioritization, decision making and able to manage multiple systems, data sets and priorities
- Physical Demands - Normal office requirements. The position will involve inflexible deadlines and numerous ad-hoc requests. Overtime may be required on a regular basis to complete assignments and meet key deadlines
What the job involves
- The VP Finance, CP&ESG CPM reports directly to the EVP Finance CP&ESG. Oversees the financial operations and strategy for CPM
- This role involves managing financial planning, analysis, and reporting, ensuring compliance with regulatory requirements and WK practices and policies, and supporting strategic initiatives to drive business growth
- The VP Finance provides counsel to the Business Unit Executive Team regarding operations management in the Business Unit's diverse and geographically dispersed operating locations
- Financial Strategy and Planning: Develop and implement financial strategies to support the business objectives of CPM. Lead the annual budgeting and forecasting processes
- Financial Reporting: Oversee the preparation and presentation of accurate and timely financial reports, including monthly, quarterly, and annual financial statements
- Risk Management: Identify and manage financial risks, ensuring robust internal controls and compliance with all relevant regulations and policies
- Manage Multiple P&Ls: Oversee and optimize financial performance across diverse geographic markets and multiple profit and loss statements, ensuring tailored strategies align with local market dynamics
- Global Financial Oversight: Provide comprehensive financial oversight and support to international operations, ensuring alignment with corporate objectives while addressing regional challenges and opportunities
- Business Partnering: Collaborate with senior management and other departments to provide financial insights and support decision-making processes
- Cost Management: Monitor and control costs to ensure efficient use of resources and alignment with financial goals
- Investment Analysis: Evaluate potential investments and strategic initiatives, providing financial analysis and recommendations to support business decisions.
- Capital Allocation: Forecasts capital requirements and resource allocations. Identifies and analyzes capital sources and tradeoffs. Helps the organization make resource allocation decision using classic financial analyses such as ROI and DCF/NPV
- Stakeholder Management: Maintain strong relationships with key stakeholders, including external auditors, regulatory bodies, and financial institutions
- Cross-Functional Collaboration: Foster collaboration among regional finance teams to drive consistency in financial reporting and performance metrics across all operating units, facilitating knowledge sharing and best practices
- Strategic Market Insights: Analyze financial performance and market trends in various geographies to provide insights that inform strategic decision-making at the corporate level
- Leadership and Vision: Provide the leadership and vision necessary to generate year-over-year growth in revenue, EBITA, and cash
- Review and Preparation: Prepare and review VSP, business cases, budgets, LE forecasts, and acquisition proposals
- Timely Reporting: Ensure timely and accurate preparation of annual budget, strategic planning, and monthly revenue, expense, and EBITA reports. Manage annual group and statutory audits; work with Corporate Tax and Legal to ensure compliance in these areas
- Control Environment: Oversee and improve the (international) control environment, helping to ensure that all financial and accounting policies and procedures, signing authorities, and other control systems are up to date, communicated, and complied with
- Organization/team: Develops and maintains appropriate financial organization. Establishes standards for performance and assure that financial personnel are properly directed and qualified to fulfill their job responsibilities. Develops staff through continued learning and development and cross training of personnel to ensure growth in capability of the finance resources and a solid succession plan for the finance organization
Our take
For over 185 years, Wolters Kluwer has been innovating the way professionals and businesses work. The company has expanded to offer a substantial range of services across the Health, Tax & Accounting, Finance, Compliance, and Legal sectors.
While operating across so many sectors comes with an extensive range of competition, Wolters Kluwer serves customers in over 180 countries, which has been managed, in part, due to its 70+ acquisitions. For example, the company has recently acquired leading artificial intelligence technology company Della AI, which will become part of its legal software unit, to further advance its natural language processing capabilities.
The company is currently focused on its 2022-2024 strategy, which is a three-year value elevation strategy aimed at accelerating expert solutions, expanding its reach, and evolving its core capabilities. After delivering on its 2019-2021 strategy (resulting in €4.8 billion in revenues in 2021 alone) Wolters Kluwer is well set to remain on its long-standing path of growth and success.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Company
Company benefits
- Hybrid/Flexible Work Environment
Company HQ
Alphen aan den Rijn, Netherlands
Leadership
Nancy McKinstry
(CEO & Chairman of the Executive Board, not founder)Held various roles at the company before being named CEO in 2003. Current Member of the Board of Directors at various companies including Accenture, Abbot, Russel Reynolds Associates, and Columbia Business School.
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