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Sr. VP, Chief Financial Officer

East Syracuse, New York, United States of America
Closing date
30 December 2021
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Job Description:

Saab Inc., operating under a Special Security Agreement (SSA) as a U.S. wholly owned subsidiary of Saab AB headquartered in Stockholm Sweden, is currently seeking a Senior Vice President and Chief Financial Officer to oversee Saab AB’s United States Operations. Saab Inc. is headquartered in East Syracuse, NY, and comprised of four divisions geographically dispersed over the U.S.

Partnering with the President and CEO of Saab Inc., the SVP, CFO will oversee financial strategy, cost control, and financial operations for a $300M+ Aerospace, Defense, and Civil Aviation business. This position will operate in a global matrix management environment with dotted line reporting responsibility to the Saab AB global deputy CFO. The position is responsible for effective relationship management and interface with the global financial organization, implementation of globally common processes, tools, and procedures, support to Saab’s global business strategy, and also represents the global financial interests of the parent company in Saab Inc. operations in compliance with the SSA.

Recognizing that the U.S. is the single largest A&D market in the world, a key pillar of Saab AB’s growth strategy is to invest heavily in both market development and product development through its U.S. company, Saab Inc.  The CFO will play a key role in enabling such a strategy and therefore the successful candidate will possess strong high level business acumen and overall leadership skills.

Key Responsibilities:

  • Strategically partner with the President and CEO and the executive leadership team to control costs and drive sustainable profitable growth.

  • Assume fiduciary responsibility for the company’s financial health while safeguarding the company’s assets.

  • Lead reporting, forecasting and planning and analysis process, including distribution of appropriate financial targets for profitable growth of the various business divisions and provide proactive analysis of the financial statements for opportunities to increase income.

  • Maintain an eye on the future to assure that financial liquidity and risk mitigation strategies can support the company’s growth strategy.

  • Effectively lead Divisional Controllers to ensure strong project controls, accurate financial analysis, reporting and planning, and timely operational cadence.

  • Effectively manage a staff that oversees a Shared Services Accounting function, a U.S Government Compliance function, a Tax and Treasury Function, and a Risk Management Function.

  • Interface regularly with the Chairman of the Companies Audit Committee and present detailed financial results to the Audit Committee at quarterly US Board of Directors meetings.

  • Interface regularly with the Saab AB finance global leadership team and provide detailed, predictive, and appropriate analysis and reporting on US operations in compliance with SSA regulations as required.

  •  Provide thought leadership on all strategic elements of the business including but not limited to pricing strategies, cost structuring, teaming relationships, M&A execution.

  • Provide clear and strong focus to the organization on sales execution, gross margin improvement, operating income growth, excellence in cash flow practices, and obtainment of financial targets.

  • Coordinate with international parent company financial personnel on all matters of P&L performance, cash management, tax returns, treasury instruments, and worldwide insurance programs.

  • Ensure income statement and balance sheets for division are properly stated and are consistent with US GAAP, IFRS, and Saab AB standards.

  • Ensure business and contract compliance with applicable FAR, DFARS and CAS regulations and relevant Saab AB policies and procedures.

  • Interface with DCAA, DCMA and other U.S. Government agencies with respect to various audits, system reviews and compliance inquiries.

Skills and Experience:

  • MBA, concentrating in Accounting or Finance, and/or a CPA is required.

  • 15+ years of financial planning and analysis experience in the U.S. Government Aerospace & Defense industry working in a matrix management environment.

  • Strong interpersonal skills, ability to communicate well orally and in writing and manage well at all levels of the organization.

  • Strong problem solving, creative thinking, and analysis skills and the ability to exercise sound judgement and make decisions based on accurate and timely analyses.

  • Internally motivated with high level of integrity and dependability and a strong sense of urgency and results-orientation.

  • Strong U.S. Government Contracting experience including  working knowledge with FAR, DFARS and CAS rules and regulations; experience working directly with DCAA, DCMA and other U.S. Government agencies.

  • Demonstrated experience recommending, leading and implementing change within the Finance domain including process improvements, re-organizations, changes to rate structures, new tools and systems and integration of new businesses.

  • Demonstrated experience working with international diverse business leadership at the Executive level to recommend and analyze strategic business decisions.

  • Ability and willingness to travel internationally.

  • Strong Microsoft Excel and PowerPoint skills with the ability to report, convey and communicate complex financial decisions and analysis.

  • Ability to influence key stakeholders throughout the organization; recommend, drive and implement change based on best practices in the U.S. Aerospace & Defense industry.

  • Expert knowledge of U.S. GAAP, IFRS and other general accounting rules and principles; ability to recommend and implement best practices while adapting to rules changes.

  • Manage and lead Finance department culture of accountability, strong attention to detail and accuracy with sophisticated, timely, relevant analysis.

  • Ability to influence key stakeholders throughout the organization; recommend, drive and implement change based on best practices in the U.S. Aerospace & Defense industry.

Must be a U.S. citizen. Applicants selected may be subject to a government security investigation and must meet eligibility requirements for access to classified information.  As a condition of employment, candidates will be required to participate in a background check that will include, at a minimum, a criminal record check, education and employment verification.

About Us:

Saab is a global defense and security company operating in the fields of air, land and naval defense, civil security and commercial aeronautics. We number approximately 17,000 employees and have operations on all continents. Technologically we are leaders in many areas, and one-fifth of our earnings are spent on research and development.

Saab is a company where we see diversity as an asset and offer unlimited opportunities for advancing in your career. We are also a company that respects each person’s needs and encourage employees to lead a balanced, rewarding life beyond work. Saab values diversity and is an Equal Opportunity/ Affirmative Action employer. All qualified individuals are encouraged to apply and will be considered for employment without regard to race, color, religion, national origin, sex (including pregnancy), sexual orientation, gender identity, age, veteran, disability status, or any other federal, state, or locally protected category.