Director of Finance - Service Parts & Lifecycle Solutions

Overview

The organization is seeking a Director of Finance for Service Parts & Lifecycle Solutions. This role serves as the strategic finance leader for global Parts, Repair, Asset Recovery, and Lifecycle Solutions business lines. The position partners with business leadership to drive profitable growth, margin expansion, inventory productivity, pricing excellence, and operational performance across a complex global services environment.

Key focus areas include owning financial strategy, planning, reporting, and decision support for a multibillion-dollar service parts and lifecycle franchise, while driving transformation initiatives that improve customer value, operational efficiency, and free cash flow generation.

Responsibilities

Strategic Business Partnership

• Serve as the primary finance partner to General Managers and senior leadership for Service Parts & Lifecycle Solutions.
• Translate business strategies into actionable financial plans to accelerate growth, expand margins, and improve cash flow.
• Provide fact-based recommendations on strategic investments, pricing actions, inventory strategies, and portfolio optimization.

Financial Planning & Performance Management

• Lead the annual operating plan, quarterly forecasts, long-term strategy (LTS), and monthly business reviews.
• Drive forecasting rigor, variance analysis, and performance reporting across revenue, margin, inventory, and operating expenses.
• Provide clear insights and recommendations regarding business risks and opportunities.

Parts, Repair & Lifecycle Economics

• Own financial performance for service parts, repair operations, asset recovery, and lifecycle solutions offerings.
• Drive initiatives that improve repair productivity, harvest economics, inventory turns, fulfillment performance, and overall profitability.
• Partner with operations, sourcing, logistics, and commercial teams to optimize end-to-end financial performance.

Pricing & Commercial Excellence

• Support development and deployment of pricing strategies that improve value capture and competitive positioning.
• Analyze pricing performance, discount trends, renewal opportunities, and market dynamics to identify growth levers.
• Evaluate business cases and investment opportunities to ensure sustainable returns and alignment with strategic objectives.

Working Capital & Cash Flow

• Lead inventory and working capital initiatives across the service parts ecosystem.
• Improve inventory productivity, reduce excess and obsolete inventory, and enhance free cash flow generation.
• Establish performance metrics and governance mechanisms to sustain improvements.

Governance, Compliance & Controllership

• Ensure financial reporting accuracy, compliance with organizational policies, and adherence to internal controls.
• Partner with Controllership to maintain strong financial governance and audit readiness.
• Drive transparency and accountability across key business metrics and financial commitments.

Transformation & Digitization

• Champion simplification, automation, AI-enabled analytics, and digital finance capabilities.
• Improve reporting infrastructure, forecasting processes, and decision-support tools.
• Drive adoption of modern financial dashboards and data-driven operating mechanisms.

Team Leadership

• Lead, coach, and develop a high-performing global finance organization.
• Build organizational capability through talent development, succession planning, and continuous improvement.
• Foster a culture of accountability, collaboration, customer focus, and innovation.

Qualifications

• Bachelor’s degree in Finance, Accounting, Economics, or a related field. Master’s degree (MBA) or CPA preferred.
• 10 years of progressive experience in finance roles, with at least 5 years in a leadership position within a complex, global organization.
• Demonstrated experience in financial planning and analysis, budgeting, forecasting, and strategic financial management.
• Strong understanding of service parts operations, supply chain finance, and inventory management principles.
• Proven ability to partner with business leaders and translate financial data into actionable business insights.
• Excellent analytical, problem-solving, and decision-making skills.
• Strong communication and presentation skills, including the ability to articulate complex financial information clearly to diverse audiences.
• Experience with large ERP systems (e.g., SAP, Oracle) and advanced proficiency in Microsoft Excel and PowerPoint.
• Ability to work effectively in a fast-paced, dynamic environment and manage multiple priorities.
• Experience in the healthcare or medical device industry is a significant plus.

Preferred Qualifications

• Master’s degree (MBA)
• CPA
• Experience in the healthcare or medical device industry

Compensation & Benefits

• Competitive compensation and a total rewards package including salary and benefits (details not specified in the posting).
• Professional development and career opportunities.

Additional Information

• Relocation assistance provided: Yes
• Work authorization: The employer will only employ those who are legally authorized to work in the United States for this opening.
• Visa sponsorship: The employer will not sponsor individuals for employment visas for this job opening, now or in the future.
• Drug screen: Employment is conditioned upon successful completion of a drug screen (as applicable).
• Equal opportunity: Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status, or other characteristics protected by law.
• Vaccination: While U.S. employees are not currently required to be vaccinated against COVID-19, some customers have vaccination mandates that may apply to certain employees.