Senior Process Improvement Manager

The Karl Storz US Finance and Accounting Process Improvement Manager is responsible for leading initiatives aimed at enhancing the efficiency and effectiveness of the financial and accounting processes within the organization that includes the following specialties: Operations Accounting, Corporate Accounting, Cost Accounting, Lessor Accounting, Payroll, Sales Compensation, Accounts Receivable, Accounts Payable, and Financial Planning & Analysis. This role involves analyzing current processes, identifying areas for improvement, implementing changes, and ensuring that these improvements align with the overall business goals and regulatory requirements.

• Conduct thorough analyses of existing finance and accounting processes to identify inefficiencies and areas for enhancement.

• Develop and implement process improvement plans to streamline operations, reduce costs, and improve accuracy.

• Utilize data analytics to monitor the performance of accounting processes and to identify trends and opportunities for improvement.

• Lead and manage process improvement projects from inception to completion, ensuring that objectives are met on time and within budget.

• Collaborate with cross-functional teams, including IT, finance, and operations, to ensure successful project execution.

• Develop project plans, set timelines, allocate resources, and monitor progress to ensure successful outcomes.

• Ensure that all process improvements comply with relevant accounting standards, regulations, and internal policies.

• Identify and mitigate risks associated with process changes, ensuring the integrity and accuracy of financial reporting.

• Conduct regular audits of financial processes to ensure adherence to established protocols and standards.

• Communicate process changes and improvements to key stakeholders, including senior management, to ensure alignment and support.

• Prepare and present reports on process improvement initiatives, highlighting successes, challenges, and areas for further enhancement.

• Act as a liaison between the finance team and other departments to address concerns and gather feedback on process improvements.

• On an ad hoc and temporary basis provide managerial support to the controllership functions to assist in the completion of time sensitive deadlines.

S4 Hana ERP System Upgrade

• Serve as accounting Subject Material Expert (SME) for the S4 Hana implementation.

• Identify accounting requirements for S4 Hana and work with IT to implement.

• Identify operational efficiency opportunities impacting the finance function and drive process improvement through automation in ERP system.

II. Minimum Knowledge, Education and Skill Requirements

Required

• Bachelor's degree in finance, accounting, business administration, or a related field; a master's degree is preferred.

• Professional certification such as CPA, CMA, or Six Sigma is highly desirable.

• Minimum of 10 years of experience in finance or accounting, with a focus on process improvement and project management.

Minimum hard skill requirements (including computer and application proficiency):

• Strong knowledge of US GAAP

• Proven ability to work with SAP (FI-CO, SD, MM, BI, Hana) or comparable ERP systems

• Advanced Excel (V-lookups, pivot tables, data tables), PowerPivot is a plus

Minimum soft skill requirements:

• Experience in internal control and segregation of duties management.

• Strong analytical skills (ability of analyze large operational and financial data sets, design visualization models to drive the decision making, identify and drive process improvements from data analytics).

• Manage department deliverables ensuring deliverable accuracy and timely completion, accountability.

• Create, nurture, and leverage a network of influencers and stakeholders throughout the KSUS and global organization.

• Strong work ethic.

• Ability to work independently with minimal supervision.

• Strong organization and prioritization skills (ability to manage team deliverables and cross functional projects in parallel).

III. Essential Function

Must be able to maintain productive working relationships and treat fellow employees with respect. Need to have excellent written and verbal skills. Must have strong management presentation skills.