Vice President, Finance & Commercial Controller

Posted 3 Days Ago
Be an Early Applicant
Oak Brook, IL
Hybrid
200K-500K Annually
Senior level
Automotive • Hardware • Internet of Things • Mobile • Software • App development • PropTech
We make access simple and secure.
The Role
Oversee financial operations, drive business decisions, ensure proper financial processes, and lead a high-performance finance team for a $2B business.
Summary Generated by Built In

Chamberlain Group (CG) is a global leader in intelligent access and Blackstone portfolio company. Powered by our myQ technology, we make access simple and secure for millions of homeowners, businesses, and communities worldwide. Our flagship brands, LiftMaster®  and Chamberlain® , are found in 51+ million homes, and 14 million+ people rely on the myQ®  app daily.

This role is the primary financial leader for the operations of the +$2B business with leadership for all Business Units, Customers & Channels, new product development and BU financial planning. This position will facilitate and drive superior business decision making and results accountability with ownership for the analysis of business performance, budgeting, forecasting, analysis of key financial and operating metrics and data, and ensuring proper business processes and related controls are maintained and exercised. This position will develop business insights through analysis such as: gross to net sales evaluation, strategic pricing analysis, volume-price-mix analysis, spend variance analysis, as well as development of business cases to support commercialization initiatives, such as new product development and promotional activities. The position will report to the CFO and have key dotted line relationships to the Chief Revenue Office and Chief Product Officer.

Responsibilities:

  • Provide leadership and management support to help ensure that the broader commercial organization achieves its goals enabling the company to surpass its business and financial goals and objectives

  • Provide leadership and risk management in developing solutions to opportunities and challenges. Identify alternative courses of actions to accelerate value creation/remediate financial setbacks

  • In collaboration with the corporate controllership function, develop, implement and monitor policies/procedures and controls for managing the commercial businesses, judgmental accruals/reserves, pricing and promotion approvals, customer contract agreements, and other related business activities

  • Deliver analysis, reporting and business decision to support the development and execution of Business Unit and Functional Area strategic and operating plans over short and multi-year horizons

  • Cultivate a strong financial process and control mindset by providing appropriate financial support for the attainment of goals and objectives. Continually act as a business partner, both challenging and supporting the CFO, CRO & CPO and their leadership teams.

  • Drive through active participation, a repeatable forecasting and budget process that reflect the tactics and strategies to be employed over the planning horizon to deliver the short and long-term financial commitments

  • Develop Commercial Finance team’s acumen of data and capabilities to produce both meaningful and actionable insights and reporting through a deep understanding of Chamberlain Group’s financial systems

  • Analyze and drive action against a portfolio of management reports focused not only on financial performance against targets, but that also identify drivers of results and trends as well as areas of success or suggestions for corrective action

  • Develop tools and insights to ensure data driven decisions with respect to product and marketing programs. Ensure commercial leaders and managers understand the current and future financial impacts of their proposals and decisions

  • Demonstrate a progressive mindset, focused on evolving customer and market needs, driving for results, influencing team and business leaders to change and innovate; anticipate key changes to channels and market trends to optimize financial performance

  • Drive continuous improvement in process, procedure, controls, analysis & reporting that drive improved efficiency and/or business results

  • Identify areas of concern and/or document and quantify business risks or opportunities

  • Motivate and lead a high-performance team by attracting, developing, engaging and retaining team members

  • Drive the performance management and compensation processes by communicating job expectations, monitoring and evaluating performance, providing feedback and facilitating employee development per the company’s policies

Required Qualifications:

  • Bachelor's degree in finance/accounting required (MBA or relevant advanced degree is desirable)

  • 10+ years of experience as a financial leader; demonstrated work experience in finance/accounting roles with durable goods/consumer products/service-solution companies.

  • Capable of analyzing customer contracts, determining accounting implications during contract negotiations, and properly leverage the company’s technical accounting resources to evaluate the impact of significant or unusual contract terms

  • Be able to instill discipline in the accounting and controls of the business and in the expectations and behavior of the team.

  • Ability to travel up to 25% of the time internationally and domestically

Preferred Qualifications:

  • Certified Public Accountant or Certified Management Accountant certification is preferred (active or inactive status).

  • Demonstrated ability to solve new and challenging problems.

  • Experience with manufacturing and/or IoT companies.

  • Demonstrated success in a business that sells its products through multiple channels, specifically the retail channel of trade (major home centers, mass merchants, etc.), business to business channel of trade, including experience with an independent dealer-base channel of trade, as well as emerging digital channels of trade

  • Representative experience in working with a sales and marketing organization with a strong relationship sales culture and a marketing focus on brand development and product management

  • Technical expertise necessary to ensure that the company’s financial systems and analysis procedures provide management with accurate and timely financial performance measures and commentary

  • Capable of looking beyond traditional finance and accounting functions to increase margins (growth, pricing, mix optimization, cost control) and assist with challenging operational decisions

The pay range for this position is $200,000.00 - $500,000.00; base pay offered may vary depending on a number of factors including, but not limited to, the position offered, location, education, training, and/or experience. In addition to base pay, also offered is a comprehensive benefits package and 401k contribution (all benefits are subject to eligibility requirements). This position is eligible for participation in a short-term incentive plan subject to the terms of the applicable plans and policies.

Chamberlain Group wants all of its employees to succeed and encourages people of all backgrounds to apply. We’re proud to be an Equal Opportunity Employer, and you’ll be considered for this role regardless of race, color, religion, sex, national origin, age, sexual orientation, ancestry; marital, disabled or veteran status. We’re committed to fostering an environment where people of all lived experiences feel welcome.  

Persons with disabilities who anticipate needing accommodations for any part of the application process may contact, in confidence [email protected].


NOTE: Staffing agencies, headhunters, recruiters, and/or placement agencies, please do not contact our hiring managers directly.

Top Skills

Budgeting
Financial Analysis
Financial Reporting
Forecasting

What the Team is Saying

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The Company
HQ: Oak Brook, IL
5,769 Employees
Year Founded: 1900

What We Do

Chamberlain Group is a global leader in intelligent access and Blackstone portfolio company. Our innovative products, combined with intuitive software solutions, comprise a myQ ecosystem that delivers seamless, secure, access to people's homes and businesses. Our recognizable brands, including LiftMaster® and Chamberlain® , are found in 50+ million homes, and 10+ million people rely on our myQ® app daily to control and monitor their homes, communities and businesses, from anywhere. Our patented vehicle-to-home connectivity solution, myQ Connected Garage, is available in millions of vehicles from the leading automakers.

Why Work With Us

At CG, our ONETEAM is united by our mission to make access simple. As a pioneer in the smart access industry, you'll have the opportunity to develop products that make a direct impact on the daily lives of millions of people -- allowing them to seamlessly and securely access their homes, communities and businesses.

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Chamberlain Group Teams

Team
Product + Tech
Team
myQ
About our Teams

Chamberlain Group Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

We seek to balance individual, collective and business needs while leveraging the benefits of working remotely and working in the office.

Typical time on-site: Not Specified
Company Office Image
HQGlobal HQ
Our headquarters is located in the Chicagoland area. Oak Brook is home to many global company headquarters that offers great restaurants, world-class shopping and hotels. Our office is set in a peaceful, natural space that offers a walking path to enjoy the outdoors.

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