CFO, PMC Hydraulics Group

PMC Hydraulics Group, the Nordic leader of innovative hydraulic systems and components for customers in the industrial, energy, mobile and marine sectors, is looking for their next CFO who will be a key person in the Group management team and on the Group’s future growth journey.

Please email us your application and attach your CV by clicking the Apply button below.

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Job description
The CFO will have overall group responsibilities within Finance and be responsible for the Finance function’s processes, governance, and support to stakeholders and to lead, and develop the Finance team to manage the overall financial development of the Group.

The role of CFO is to report directly to CEO and will also be an important player in the Group Management Team, together with 9 colleagues from five different nationalities. The CFO will be operative responsible of a team of currently 15 people in the Finance organization, located in Sweden, Denmark, Finland, Poland and China. In addition, the Finance organization located in India, Estonia and external services in Latvia will also be an indirect valuable resource of the Group Finance team.

The main objective for the CFO is to create and sustain a reliable governance model for all Finance processes in the Group, including long term perspective of development of alignment on targets for the Group’s financial KPI’s through financial controlling. The position includes both daily operative obligations to facilitate and prioritize internal demands from the finance organization as well as from other functions in the Group.

The business acumen and profitability focus are important for the role. PMC’s top 30 customers are OEM’s and account for about 70 % of the sales. The position as CFO needs to build a true understanding of these client’s reality and demand and, when requested, through interactions, as a part of the daily work.

Your main tasks will be to:

Provide visionary and present leadership in a remote decentralized organization with different cultures, provide guidance and coaching to develop and maintain a high performing finance function by combining skills and personalities for the best of the company
Structure, prioritize and justify projects in alignment with CEO and group management team
Proactively participate in and promote knowledge sharing across the PMC Hydraulics Group
Control and ensure correctness within the company's finance function
Control mechanisms: business plan, cash flow and KPIs, currency effects
Financial controlling as a part of the daily work
Insurance topics following the Dacke Insurance policy
Finance topics following the Dacke Finance policy
Securing compliance with local finance regulations in the countries where PMC is active
The position demands building long relationships in all interactions with different internal and external stakeholders in a global business environment

Who are you?
The right candidate is a business-oriented CFO who is an important partner to the CEO and management team. She/he has a solid experience from leading a Finance function and is comfortable with working both strategically and on an operational level. The successful candidate shall be a good leader and communicator who can motivate managers and employees across functions. The CFO must have strong interpersonal skills and quickly build trust in different contexts and with stakeholders. Previous experience from working in an international environment is important in this role. Further, the successful candidate has great drive combined with structure and sense of critical details. A down-to-earth and self-driving person with a high level of action and business focus. We believe the candidate has good communications and analytical skills with a knowledge of the structural fundamentals behind successful performance in a complex and high-demanding business environment.

Requirements

Relevant experience from senior and broad finance roles, as CFO or equivalent
Solid experience from Business Control, including analysis, management reporting, forecasting
Experience from industrial/manufacturing companies
Proven experience from managing a finance function in an international setting, with experience from leading people from different cultures remotely
Experience from small/mid-size companies
Master’s degree in Business Administration or equivalent
Fluent English, orally and in writing

Personal characteristics

Structured thinker, able to span both strategic and operational responsibilities with high energy
Ambitious and commercially driven with a strong results orientation
Business acumen and profitability focus
Hands-on and present within the operational business, interest in pushing the agenda forward and getting things done
Strong relationship builder, who has a drive and takes proactive actions in all interactions
Present leader with ability to, and genuine interest in, leading and motivating teams/team members
Humble team player & prestige less personality
Stable & mature

Company presentation
PMC Hydraulics Group AB supplies hydraulic systems and component solutions to international OEMs across Europe and Asia within mobile, marine, energy and industrial applications. The business was founded in 1957 in Sweden and has developed decades with experience in expert knowledge within Power - Motion - Control.

PMC Hydraulics Group AB is organized in a cross-boarder organization with around 426 employees with integrated operations in Sweden, Finland, Denmark and Poland and subsidiaries in China, India, Estonia, and Latvia. The consolidated revenue is around SEK 1,3 billion.

The core scope of business is a combination of Component distribution, Component solutions and Systems within the hydraulic field. The offering to the market is a complete choice of customized hydraulic solutions for different applications that are engineered, assembled, and tested before delivery from any of the production sites in Poland, Estonia, Latvia, India, or China.

The company represents international leading suppliers of hydraulics components like Eaton, SUN, HAWE and Hydraforce. PMC Hydraulics top 30 customers represent approximately 70% of the annual sale. Some of these top customers are Tetra Pak, Epiroc, Sandvik and Metso. For more information about PMC Hydraulics Group please refer to https://www.pmchydraulics.com/

PMC Hydraulics Group is a part of Dacke Industri. Dacke Industri is a long-term owner who invests in innovative technology companies focusing on customized components and systems. Dacke Industri have an annual sale of around SEK 4,3 billion. For more information about Dacke Industri please refer to https://dackeindustri.se/

Dacke Industri is since 2016 owned by Nordstjernan, a family-controlled investment company that, through active ownership, develops companies and creates good and long-term value growth https://www.nordstjernan.se.

PMC Hydraulics offers you
An opportunity to work in global organization. You will have possibilities to increase your competence on our products and solutions, and to work with global leading OEM’s. It is a committed and professional team that enjoys working independently while helping each other. If you are result-oriented and enjoy pursuing new business opportunities, while nurturing existing relationships, you will find an interesting work environmental with PMC.

Please email us your application and attach your CV by clicking on the apply button below.

Apply