Finance Director - Product org

Posted 17 Days Ago
Boston, MA
Hybrid
7+ Years Experience
Hardware • Logistics • Software
By using a grid and robots, AutoStore increases warehouse capacity and decreases the time to fulfill orders!
The Role
AutoStore is seeking a VP of Commercial Finance for the Product org to provide financial support, analysis, and guidance in aligning finance and product strategies. Responsibilities include business partnering, product reviews, budget/strategic planning, month-end and forecast reviews, and reporting on product performance. The role involves working closely with the Chief Product Officer (CPO) and Product Exec to maximize value creation and operational leverage.
Summary Generated by Built In

AutoStore is a leading software and robotics company providing automation technology to warehouse & distribution facilities. Our solution is the most space-saving system on the market and can provide a fourfold increase in storage capacity. With over 44,000 robots in over 1,000 systems across 45 countries, AutoStore is the most deployed provider of grid-based, high-density goods-to-person systems globally. For more information, see autostoresystem.com. Our headquarters is in Nedre Vats Norway with offices in Haugesund (Norway), Oslo (Norway), the US, UK, Germany, France, Spain, Italy, Austria, South Korea, Japan and Singapore.

Bots, Bins and Brilliant People bring on warehousing's future!

AutoStore is seeking a Director of Finance

The Director of (Product org) will play a crucial role working closely with the Chief Product Officer (CPO) and Product Exec, acting as the primary link between Finance and Product - aligning timelines, objectives and deliverables.

The purpose of the role is to provide financial support, analysis, guidance and challenge that maximise value creation and operational leverage by actively influencing decisions, shaping the strategy and direction of the business. It will be necessary to deliver robust budget and forecast submissions ensuring alignment with the wider organisation; engaging effectively across Autostore, providing a comprehensive assessment of functional performance with the ability to form a view, make recommendations and drive outcomes where appropriate.

We are Lean, Bold and Transparent - Join the robotic revolution with us!

KEY TASKS AND RESPONSIBILITIES:

Business Partnering

  • As a key member of the Product Org Leadership Team and principal Finance Business Partner to CPO and Product Exec, the role will attend all staff meetings, leadership events, product and strategy reviews.
  • In addition, the role will need to build strong relationships within the Finance community and beyond to produce consolidated reporting/analysis, potentially requiring inputs from multiple sources.

Product Reviews and Investment Appraisal

  • Attend Product Reviews, applying a financial lens to discussions, ensuring rigorous assessment of initiatives, with a particular focus on data-driven insights and Return On Investment (ROI).
  • Working with CPO, CFO and SVP Commercial Finance assist with the creation of qualification criteria to be applied prior to project approval.
  • Develop a set of schedules to test investment opportunities, track progress and measure performance against as part of post implementation review.

Budget/Strategic Planning

  • Own the strategic planning process and delivery of submissions as per agreed timetable, working alongside CPO and Product Exec.
  • Preparation of all associated materials such as budget packs, commentaries and analysis.

Month-end and Forecast

  • Review month-end performance with Finance Reporting to ensure accurate preparation of financial records, providing commentary and variance analysis where appropriate.
  • Carry out forecast review and submission, providing associated variance analysis/commentaries, risks and opportunities, etc.

Reporting

  • Work with CPO/Product Exec to develop a suite of regular reporting materials and KPIs that effectively track/communicate Product performance, such as monitoring R&D expenditure.
  • Input into monthly CFO pack, presenting as part of regular meetings.
  • Develop taxonomies where appropriate to improve the quality of analysis and reporting, facilitating the creation of Product P&Ls, enabling effective assignment of ownership.

Strategic & other

  • Alongside the CPO/Product Exec regularly and proactively assess the Product cost base for opportunities to unlock efficiencies and critically review expenditure phasing to ensure optimisation of investment.
  • Support the business’ transition to ARR, knowledge of SaaS and similar revenue models an advantage.
  • Represent the interests of the Product org as we define the requirements for a new ERP system, experience of SAP S4 Hana desirable though not essential.

This list is not exhaustive and there may be other deliverables required as part of the role.

KEY QUALIFICATIONS:

  • Qualified accountant with strong strategic finance acumen who has successfully operated in a fast growth and/or Technology environment, ideally as part of a global organisation.
  • Solid understanding of Capex and project deliverables including investment appraisal and ROI analysis, previous experience developing templates/models/frameworks to facilitate these processes will be looked on very favourably.
  • Sizeable P&L/cost base ownership with extensive management accounting experience - month-end, forecasting, reporting, commentaries, risks and ops, etc.
  • Expert Microsoft Excel and PowerPoint (knowledge of Power BI an advantage).
  • Strong ERP (preferably SAP) and FP&A consolidation/planning tools experience.

PERSONAL ATTRIBUTES:

  • Extensive experience partnering with non-Finance business leaders with the ability to challenge and influence senior management, driving a culture of accountability and ownership.
  • Strategic mindset focussed on ROI, knowledge of Product Development processes a plus.
  • High degree of numeracy with excellent analytical, reconciliation and problem-solving skills.
  • Exceptional, adaptable written and verbal communication.
  • Able to work proactively, independently, efficiently and accurately in a time sensitive environment.
  • Forward thinker who challenges the status quo and drives continuous improvement.
  • Attention to detail and a laser sharp focus on analytical and reporting excellence, someone who is hands-on with the ability to build best in class outputs from scratch.
  • Comfortable working with large datasets whilst able to distil complex issues down to key messages.
  • The role will require circa 25% travel - a combination of US internal, Norway and possibly other locations.

WE OFFER:

  • A company culture where we recognise and applaud everyone’s contributions in making decisions
  • Competitive benefits and compensation including 401k plan with employer match and discretionary profit contribution
  • Flexible time off and 12 paid company holidays
  • In AutoStore we value flexibility and we offer a worldwide 60/40 remote working policy for all roles that can be performed remotely

Applications are processed on an ongoing basis.

Recruitment Agencies

AutoStore does not accept agency resumes or assistance. Please do not forward resumes to our jobs alias or AutoStore employees. AutoStore is not responsible for any fees related to unsolicited resumes.

The Company
HQ: Derry, NH
800 Employees
Hybrid Workplace
Year Founded: 1995

What We Do

Welcome to AutoStore, where we make space and storage simpler! AutoStore™, founded in 1996, is a warehouse robot technology company that invented and continues to pioneer cube storage automation, the densest order-fulfillment solution in existence. Our focus is to marry software and hardware with human abilities to create the future of warehousing. The company is global, with over 950+ systems in 45 countries in a wide range of industries. All sales are distributed, designed, installed, and serviced by a network of qualified system integrators we call "partners". Figuring other industries could benefit from this new cube storage automation concept, Arrow Electronics acquired Hatteland Electronic in 2000. The funding enabled Hatteland Group to invest in AutoStore, and from that moment the commercialization period started. The mature and robust product called AutoStore was to become the backbone of the Hatteland Group and it was ready to conquer the world. In 2021, investment powerhouse SoftBank became an AutoStore shareholder following prior acquisitions by Thomas H. Lee Partners, L.P. and EQT Private Equity. Today, with more than 950 systems and 40,000 robots across 45 countries, AutoStore is poised to continue its aggressive global expansion.

Why Work With Us

AutoStore is positive, strong, and humble community. We started amongst neighbors in a small town in Norway. We believe to treat our neighbors with respect and care. We drive and cherish this community feeling, even as we grow beyond our original borders. Here we provide opportunity, growth, and flexibility to live our best lives!

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