Divisional Finance Manager

As a Divisional Finance Manager at Medline Industries, your key responsibilities will include leading the financial decision support process for business partners, managing financial reporting, performing analyses on monthly financial results, and participating in quarterly forecast processes. Furthermore, you will be in charge of developing your team, driving special projects, and supporting new business initiatives.

To qualify for the Divisional Finance Manager role at Medline, you will need a Bachelor’s degree and at least 5 years of experience in financial planning, reporting, or analysis. Additionally, you should have a minimum of 2 years providing financial counsel to P&L/business owners and demonstrate expertise in strategic decision-making and profit improvement initiatives.

Essential skills for the Divisional Finance Manager position at Medline Industries include advanced Microsoft Excel proficiency, the ability to manage and mentor team members, as well as strong analytical and communication skills. Experience with ERP financial systems is also important to excel in this role.

The anticipated salary range for the Divisional Finance Manager position at Medline Industries is $110,240.00 to $165,360.00 annually. However, the actual salary will depend on factors such as location, education, experience, skills, and abilities.

Medline Industries offers a competitive total rewards package that includes health insurance, life and disability benefits, a 401(k) plan, paid time off, and more for employees working 30 or more hours per week. Additionally, the company emphasizes continuous education and training for professional growth.

When asked about analyzing financial performance as a Divisional Finance Manager, you could describe your methodical approach. Discuss how you evaluate key performance indicators, identify trends, and prepare comprehensive reports to communicate your findings effectively. Highlight your ability to present these insights to senior management for informed decision-making.

In answers to forecasting strategies, emphasize your collaborative approach. Talk about how you involve cross-functional teams to gather input, utilize historical data to enhance accuracy, and continuously refine models based on performance feedback. Mention any forecasting software you're familiar with, and how it aids in decision-making.

When discussing a financial improvement initiative, choose an example that highlights your leadership skills. Describe the challenge, actions you took, criteria for success, and the positive outcome achieved. This showcases your capability to drive change effectively within an organization.

For mentoring your team, focus on your commitment to open communication, providing constructive feedback and creating opportunities for development. Mention specific methods you use, such as setting goals together, offering training programs, and encouraging ongoing education to foster growth.

When discussing reporting tools, be specific about ones you’ve used, such as ERP systems and data analytics software. Explain why you find them effective in streamlining reporting processes, improving accuracy, and enhancing overall decision-making within your team.

Pick an instance where you collaborated with departments beyond finance, showcasing your teamwork skills. Discuss how your financial insights contributed to a joint initiative, and express how effective collaboration led to successful results. Stress the importance of cross-departmental communication.

In your answer, mention metrics that are critical for a Divisional Finance Manager, such as revenue growth rates, gross margins, operating expenses, and return on investment. Emphasize how these metrics help in evaluating business performance and guiding strategic decisions.

Discuss your time management skills and prioritization process when facing tight deadlines for financial reporting. You might mention using checklists, delegating tasks effectively to your team, and implementing tight communication to ensure that everyone is aligned and focused on timely delivery.

When explaining this, highlight how a Divisional Finance Manager serves as a key advisor in strategic decision-making processes. You could elaborate on how you provide critical financial insights, assess risks, and propose financial implications of different business strategies to senior management.

In your response, emphasize the importance of staying updated on current financial regulations and standards. Mention how you establish internal controls, provide training for your team, and regularly conduct audits to ensure compliance with all financial regulations related to the role.