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For Companies At a Glance
- Tasks: Lead financial strategy and performance for UK Advanced Wound Care and Ostomy Care.
- Company: Join Convatec, a global leader in medical solutions improving lives across 100 countries.
- Benefits: Enjoy a dynamic work environment with opportunities for growth and collaboration.
- Why this job: Make a real impact in healthcare while working with passionate professionals.
- Qualifications: MBA/CPA with 10-12 years of finance leadership experience in multi-country settings.
- Other info: Be part of a team dedicated to innovation and excellence in patient care.
The predicted salary is between 48000 - 72000 £ per year.
About Us
Pioneering trusted medical solutions to improve the lives we touch: Convatec is a global medical products and technologies company, focused on solutions for the management of chronic conditions, with leading positions in advanced wound care, ostomy care, continence care, and infusion care. With around 10,000 colleagues, we provide our products and services in almost 100 countries, united by a promise to be forever caring. Our solutions provide a range of benefits, from infection prevention and protection of at-risk skin, to improved patient outcomes and reduced care costs. Convatec's revenues in 2023 were over $2 billion. The company is a constituent of the FTSE 100 Index (LSE:CTEC). To learn more about Convatec, please visit our website.
We devise, develop and manufacture innovative products and services that support people with deeply personal and challenging medical conditions, helping to improve care for them and giving them greater confidence, freedom and mobility. We are guided by our five core values, that shape the way we work, every day: Improve Care, Deliver Results, Grow Together, Own It and Do What's Right.
At Convatec, we're transforming our business for the better. Better products. Better ways of working. And better ways of delivering for our customers and each other. We're aiming for nothing short of excellence. Join us on our journey to #ForeverCaring as a Senior Finance Business Partner AWC & OC and you'll do the same.
About the Role:
This is a key role within the European Finance team acting as a key business partner to the General Manager for UK Advanced Wound Care (AWC) and UK Ostomy Care (OC) while reporting to Sr Director (Finance Business Partner) for AWC Europe. You are the primary interface into Finance for the business teams, providing insights, identifying new opportunities and driving business performance as you support the long-term strategy for the business along with the General Managers for UK AWC and UK OC. Within Finance, you are the business advocate, focusing beyond the finance boundaries and leading on cross-functional collaboration. Key is the overt ownership of relationships with multiple stakeholders, consistently building executive confidence by showing yourself to be an expert in the relevant market.
Accountabilities:
- You will be vital for delivering sustainable and profitable growth for the UK AWC and OC businesses within Convatec. This would include supporting the leadership team on various growth, efficiency and transformation initiatives.
- Key to delivery within this role will be working directly with the General Managers and other senior leaders, setting out and delivering the country strategy, and managing country performance over multiple measures through robust balanced scorecard reporting.
- In this role, you will be supported by colleagues in our FP&A Centre of Excellence and Global Business Services based in three GBS centers (Lisbon, Bogota and Malaysia). We expect you to be a hands-on business partner with a strategic lens to analyze and decipher business issues.
Key Duties and Responsibilities:
- Deliver sustainable and profitable growth for the business unit - Sales / EBIT / and Cash optimization along with the GM for UK AWC and UK OC along with full P&L ownership / responsibility.
- Develop clear frameworks on patient modelling, lead indicators and competitive benchmarking for the Ostomy Care business.
- Partner the General Managers in development of long-term Strategic Plan and Annual Budgets.
- Lead the development and delivery of strategy translation into short, medium and long-term financial and non-financial targets and KPIs (EBIT, revenue growth, cash flow).
- Identify potential performance gaps and drive course correction through a balanced scorecard approach for the business.
- Partner the supply chain team on developing a robust S&OP framework with support from commercial colleagues.
- Drive strategic allocation of resources across channels and ways to improve commercial productivity.
- Provide support on developing and tracking Investment initiatives and Product/Market launches. This includes development of business cases, and the post-event evaluation of investments.
- Identify and utilize market and competitor insights from Sales Force Excellence teams within the BU decision making processes.
- Develop frameworks/models to ensure efficient and effective management of sales and marketing activity, including Advertising & Promotions, Salesforce Effectiveness, and Backorders/Issues.
- As a senior representative in the finance function with deep knowledge of the business unit, support our finance function to grow together by sharing knowledge, with a particular focus on building commercial acumen within our FP&A team.
Principal Contacts:
- UK General Manager for AWC and OC
- UK Commercial Leadership team and European AWC and OC Finance team
- FP&A COE Lead, European Finance Controller, Tower Leads of Global Business Services
About You:
As a self-starter with an entrepreneurial spirit, you apply your strategic thinking skills and growth mindset to drive business turnaround and transformation, consistently challenging the status quo. You foster a mindset of continuous improvement, translating strategies into actions and act as the 'go-to' Finance leader within Europe for the Business Unit.
You need to have an MBA/CPA or similar qualification with around 10-12 years of post-qualification experience including the leadership of the Finance function (Finance Director) of a multi-country commercial entity managing a $50-100m P&L within the EU markets. Commercial acumen / understanding of market drivers and dynamics in Europe. Demonstrated experience in leading and developing a team of Finance professionals. Ideally should have demonstrated experience of driving business turnarounds, developed growth strategies and partnered Sales / Commercial Teams in driving return on marketing investments. This experience should be ideally in a Pharma / MedTech, consumer environment in one of the key European markets. Should have good interpersonal skills, analytical ability and have the gravitas of managing senior business stakeholders. Working Knowledge of SAP / Hyperion / Power BI would be an added advantage. Fluent in English. Knowledge of other European languages would be an added advantage but not essential.
Our products make a big difference every day. So will your contribution. The work you do will mean more, because it'll make things better for your team, our business or our customers' lives. It'll inspire you to deliver to your very best. And we'll be right behind you when you do. This is a challenge more worthwhile. This is work that'll move you.
Senior Finance Business Partner AWC & OC employer: Convatec Group PLC
Contact Detail:
Convatec Group PLC Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Finance Business Partner AWC & OC
✨Tip Number 1
Familiarise yourself with Convatec's core values: Improve Care, Deliver Results, Grow Together, Own It, and Do What's Right. During your interactions, whether in interviews or networking, demonstrate how your personal values align with these principles to show that you're a cultural fit.
✨Tip Number 2
Research the latest trends and challenges in the medical products industry, particularly in advanced wound care and ostomy care. Being able to discuss current market dynamics and how they impact Convatec will showcase your expertise and strategic thinking.
✨Tip Number 3
Network with current or former employees of Convatec on platforms like LinkedIn. Engaging in conversations about their experiences can provide you with valuable insights into the company culture and expectations for the Senior Finance Business Partner role.
✨Tip Number 4
Prepare to discuss specific examples from your past experience where you've successfully driven business performance and transformation. Highlighting your achievements in managing P&L and collaborating with cross-functional teams will be crucial in demonstrating your capability for this role.
We think you need these skills to ace Senior Finance Business Partner AWC & OC
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly read the job description for the Senior Finance Business Partner position. Understand the key responsibilities and required qualifications, as this will help you tailor your application.
Tailor Your CV: Customise your CV to highlight relevant experience and skills that align with the role. Focus on your achievements in finance, strategic planning, and team leadership, especially in a multi-country commercial environment.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also demonstrates your understanding of Convatec's mission and values. Explain how your background and skills can contribute to their goals, particularly in improving care and driving business performance.
Showcase Your Strategic Thinking: In your application, provide examples of how you've applied strategic thinking in previous roles. Highlight any experience you have in developing growth strategies, managing P&L, or leading finance teams, as these are crucial for the position.
How to prepare for a job interview at Convatec Group PLC
✨Understand the Company Values
Before your interview, make sure you are familiar with Convatec's core values: Improve Care, Deliver Results, Grow Together, Own It, and Do What's Right. Be prepared to discuss how your personal values align with these and provide examples from your past experiences.
✨Showcase Your Strategic Thinking
As a Senior Finance Business Partner, you'll need to demonstrate your ability to think strategically. Prepare to discuss specific instances where you've developed and implemented financial strategies that led to business growth or transformation.
✨Prepare for Stakeholder Management Questions
Given the role's emphasis on building relationships with multiple stakeholders, be ready to share examples of how you've successfully managed senior business relationships in the past. Highlight your interpersonal skills and how you've built executive confidence.
✨Familiarise Yourself with Financial Tools
Convatec values candidates with knowledge of financial tools like SAP, Hyperion, and Power BI. Brush up on these systems and be prepared to discuss how you've used similar tools in your previous roles to drive business performance.
