Finance Director

Title: Finance Director (WORD version )

Industry: Medical Instruments

Function: Accounting & Finance

Value-Added Results Performance Standards

Achievement of financial targets • "X–Y" EMO W/W operations profit.
• "X–Y" EMO FOP.

• "X–Y" EMO Finance expense.

• "X–Y" EMO Average controllable profit.

Effective operational processes • BIM mapping project CPI opportunities are identified.
• BIJ/MIHK mapping project open items are followed through.

• MI development plan is fully operational at year-end.

• China business operations on schedule at year-end.

• 5% of budged saved in controllable cost and expense.

• BIM operations is self-sufficient (no bank loans or inter-company advances at year end).

Useful and accurate information • Field managers report that they have more useful planning and analysis information.
• Users say the FVP forecast is more accurate than in previous years.

• The OTL Analysis Model has all subs operational by year end.

• Cont. Cost & Expense analysis model complete by mid-year and all subs operational by Q3.

• Financial drivers expanded in detail.

• Capital utilization adds line items to EMR.

• Pricing analysis metrics are available more widely.

• EVA measurement is included in routine data.

Advice guidance and interpretations • Supervisor, peers and subordinates are satisfied with the quality and frequency of guidance and direction provided in these areas:
• Goal setting

• Priority coordination

• Collaboration

• Policies and procedures

• Accounting issues

• Special projects

Motivated and productive employees • Feedback from management and staff indicates that financial staff members are:
• Well equipped to perform their job function.

• Challenged by their work.

• Satisfied that the company is providing a career path consistent with their desires.

• Treated fairly.

• Compensated fairly.

Value-Added Results	Performance Standards
Achievement of financial targets	• "X–Y" EMO W/W operations profit. • "X–Y" EMO FOP. • "X–Y" EMO Finance expense. • "X–Y" EMO Average controllable profit.
Effective operational processes	• BIM mapping project CPI opportunities are identified. • BIJ/MIHK mapping project open items are followed through. • MI development plan is fully operational at year-end. • China business operations on schedule at year-end. • 5% of budged saved in controllable cost and expense. • BIM operations is self-sufficient (no bank loans or inter-company advances at year end).
Useful and accurate information	• Field managers report that they have more useful planning and analysis information. • Users say the FVP forecast is more accurate than in previous years. • The OTL Analysis Model has all subs operational by year end. • Cont. Cost & Expense analysis model complete by mid-year and all subs operational by Q3. • Financial drivers expanded in detail. • Capital utilization adds line items to EMR. • Pricing analysis metrics are available more widely. • EVA measurement is included in routine data.
Advice guidance and interpretations	• Supervisor, peers and subordinates are satisfied with the quality and frequency of guidance and direction provided in these areas: • Goal setting • Priority coordination • Collaboration • Policies and procedures • Accounting issues • Special projects
Motivated and productive employees	• Feedback from management and staff indicates that financial staff members are: • Well equipped to perform their job function. • Challenged by their work. • Satisfied that the company is providing a career path consistent with their desires. • Treated fairly. • Compensated fairly.