Director, Profitability Management & Strategic Initiatives - DRiV

Tenneco is one of the world's leading designer, manufacturers and marketers of automotive products for original equipment and aftermarket customers, with approximately 78.000 team members working at more than 300 sites worldwide. Through our four business groups, Motorparts, Ride Performance, Clean Air and Powertrain, Tenneco is driving advancements in global mobility by delivering technology solutions for diversified global markets, including light vehicle, commercial truck, off-highway, industrial, motorsport and the aftermarket.

Key Responsibilities:

This is an exciting opportunity to develop Profitability Management function and process for DRiV, working closely with the DRiV executive leadership team. The selected leader will develop global standard processes and roll-out in close alignment with the regional businesses. The leader will be a key advisor to DRiV functional leaders on opportunities to improve financial returns. Selected responsibilities include:

• Lead financial business case development for customer quotes, working closely with sales, purchasing, manufacturing, engineering and commercial finance teams.
  • Establish clear linkage of business case product costs to DRiV P&L structure;

• Develop and lead product cost benchmarking globally for DRiV.
  • Identify best practices to share across regions for improvement opportunities across material, variable and fixed conversion costs

• Standardize profitability & RoCE reporting globally by product / customer, ensuring alignment to DRiV standard P&L.
  • Use information to share improvement ideas across organization, shape growth and investment strategies.

• Partner with Product Planning to set future margin targets by product category and align with DRiV functions to target and track initiatives to reach margin targets

• Finance lead for corporate and business development activities within DRiV.
  • Develop financial framework to assess various JV & acquisition opportunities as well as make/buy decisions within DRiV

Required Experience:

Product Costing / Business Case Development / Profitability Management

Automotive experience required, Aftermarket experience preferred

We are committed to the safety and health of our employees. We adhere to social distancing recommendations and other protocols, ensuring a safe work environment for all.