VP, Financial Planning & Analysis

Job Title:  Vice President of Financial Planning & Analysis

Department:  Finance

Reports To:  Chief Financial Officer

Location:  Nashville, TN

SVP Worldwide is the world’s largest consumer sewing machine company, proudly home to the iconic brands SINGER®, HUSQVARNA® VIKING®, PFAFF®, and CREATIVATE™. Together, our brands represent nearly 500 years of combined leadership, empowering sewists around the world, and shaping the evolution of sewing for generations.

Our purpose is clear: to create, elevate, and celebrate sewists around the world.

With global operations spanning R&D, manufacturing, distribution, and sales, SVP Worldwide brings together heritage craftsmanship and modern innovation to serve a worldwide community of makers.

Our expanding portfolio includes sewing and embroidery machines, accessories and notions, garment care, and creative software — offering meaningful opportunities to innovate, collaborate, and make an impact.

Guided by our values — customer-first thinking, curiosity and creativity, inclusion, and transparency — we’re building a connected, inclusive culture where people can grow their careers while helping define the future of sewing.

POSITION SUMMARY:

The Vice President of Global Financial Planning and Analysis has primary responsibility for leading strategic financial planning and analysis globally, driving key initiatives, and providing leadership to the FP&A team.  This role is crucial in shaping the financial strategy to support the company’s objectives.

RESPONSIBILITIES:

Forecasting

• Leads annual consolidated budget process which includes the development of key targets by region, top customer channel, and department
• Responsible for SVP Worldwide monthly financial forecasting process, aligned with strategic company objectives
• Support cash flow management on weekly, monthly and annual basis to assure liquidity
• Provide in-depth analysis of financial performance, identifying trends, risks, and opportunities, and recommending actions to senior leadership
• Collaborate with business leaders to develop financial models and scenario analysis to support strategic initiatives and business cases
• Manages consolidated three-year plan model as well as five-year outlook
• Financial business partner to SVP profitability roadmap projects

Process Management

• Leads and mentors a global team, fostering a culture of continuous improvement and collaboration
• Identify and implement process improvements to enhance the efficiency and effectiveness of financial planning and analysis activities
• Leverage technology and tools to streamline reporting, forecasting, and analysis processes
• Leads monthly Global Operating Review meetings and reporting process, which includes a full year forecast for each region, department, and manufacturing operations
• Develops and executes processes to allow for routine analytical reviews of company financial and operational performance
• Ad hoc analytics driven by CEO, CFO and Board of Directors

Reporting Responsibilities

• Oversee the preparation of comprehensive financial reports, including P&L statements, balance sheets, and cash flow statements
• Develop and maintain key performance indicators (KPIs) and dashboards to monitor business performance, drive accountability, and track strategic iniatives.
• Prepare monthly business review deck, including monthly and forecasted financial performance with variance analysis and key drivers of differences
• Support monthly, quarterly, and ad-hoc Private Equity reporting
• Collaborate with accounting on quarterly lender meeting presentations and year end audit support

Build and Lead a High-Performing Team

• Role model and operate with our Values (value-based behaviors) every day, fostering a culture built on trust, inclusion, transparency and accountability.
• Develop, engage, and maximize performance within others; lead a high-performing team

 REQUIREMENTS AND PREFERRED EXPERIENCE:

• Bachelor’s degree in accounting, Finance, or another business-related field is required. MBA is preferred
• Prior Private Equity FP&A experience preferred
• 10+ years of experience in the area of financial reporting or the equivalent
• 5+ years of experience leading a team, including developing, engaging and acquiring top talent
• Proven experience supporting executive leaders in complex, matrixed organizations
• Experience leading and developing a high performing team
• The Employer retains the right to change or assign other duties to this position.

SKILLS, ABILITIES AND KNOWLEDGE:

• Analytically curious, with a keen attention to detail
• Experience leading and managing international teams, with a demonstrated ability to work across different cultures and time zones
• Strategic thinker with strong business acumen
• Involved in developing, modifying and executing policies and controls that have immediate impact to functions and company-wide effects
• Establishes and assures adherence to deadlines and performance requirements
• Excellent communicator and influencer across senior management and board of directors/ Private Equity
• Demonstrates independence and accountability for results, focuses on delivering solutions for stakeholders
• Strong knowledge of stakeholder’s financial focus or needs, provides value beyond the current transaction, displays sense of urgency in addressing stakeholder’s questions/concerns
• Accomplished user of financial systems and Microsoft office – advanced Excel
• Ability to maintain confidentiality and handle sensitive information

WE OFFER YOU:  

• Full benefits package; medical, dental, vision
• 401k plan
• Competitive PTO accrual as well as additional wellness days
• Hybrid work schedule
• Work environment that harbors a culture of collaboration and community
• Learning and development opportunities

TRAVEL

• Willingness to travel when needed, including international

PHYSICAL REQUIREMENTS:

• This position is subject to sedentary work; exerting up to 10 pounds of force occasionally and/or a negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects. Sedentary work involved sitting most of the time. Walking and standing are required only occasionally.
• This position is subject to the following physical activities: talking, hearing, and the use of hands, wrists, or fingers in repetitive motions.
• The worker is required to have close visual acuity to perform an activity such as preparing and analyzing data and figures; transcribing; viewing a computer terminal; expansive reading

WORK ENVIRONMENT/LOCATION/FLEX ARRANGEMENT:

• SVP Worldwide offers a fast-paced and ever-changing environment. This position will be hybrid – willingness to commute to our office location a minimum of three (3) days a week and work remotely from a home office the other days.
• The worker is subject to being in front of a computer and on the phone throughout the day.

Why You Will Love Being a Part of the SVP Worldwide Team:

At SVP Worldwide, we celebrate diversity, equity, and inclusion and strive to employ a unique workforce that is reflective of our consumers across the globe. That means understanding, respecting and valuing diversity- unique styles, experiences, identities, ideas and opinions – while being inclusive of all people. 

SVP Worldwide is an equal opportunity employer and makes employment decisions based on merit and qualifications. SVP Worldwide prohibits discrimination based on race, color, religion, sex, sexual identity, gender identity, marital status, veteran status, nationality, citizenship, age, disability, medical condition, pregnancy, or any other unlawful consideration.

In The News: 

In 2021, SVP Worldwide was acquired by Platinum Equity (www.platinumequity.com), a global investment firm with more than $25 billion of assets under management and a portfolio of approximately 50 operating companies that serve customers around the world. Platinum Equity has committed to fully support SVP Worldwide’s continued growth and to bring additional financial and operational resources to help accelerate the company’s efforts.

Like what you see? Then come “sew” and grow your career with us!

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