This position is a key finance role supporting our Architecture & Software (A&S) business segment as we continue our evolution from a perpetual license model to a subscription/SaaS model. This role will provide finance business decision support to our Software Business Directors. In addition, they will help drive, track and monitor software recurring revenue and key performance indicators, provide support for operational improvements in our software processes, as well as financially manage our third-party software partnership agreements. This role requires someone with prior experience in a software business, strong finance knowledge, ability to work cross functionally, excellent business acumen and leadership skills.
Key responsibilities include:
Ensure financial integrity of the financial results of the Software businesses, including proper revenue recognition
Ensure proper financial controls are in place and functioning, including proper decision authority for approving software pricing discounts
Partner with Corporate FP&A to ensure efficient processes and reporting are maintained for the following:
Reporting and analysis of actual results for orders, sales, margins, commercial spend, capital spend, deferred revenue and backlog
Preparation of annual budget and quarterly forecast for orders, sales, margins, commercial spend and capital spend
Partner with software operations and customer success teams to ensure sustainable, efficient processes and reporting are developed and maintained for key performance metrics, including:
Annual recurring revenue
Perpetual maintenance attachment
Software subscription, SaaS and maintenance contract renewals
Other KPIs as needed
Work across business units to coordinate the completion of the IS Proforma and ensure financial integrity of the results. Prepare and present quarterly reporting to Senior Management.
Provide financial business decision support to the Software business directors including, but not limited to:
Provide guidance in achieving goals in key areas such as: conversion from perpetual to subscription and SaaS, software maintenance attachment and software renewals
Prepare financial projections for BSR and other strategic conversations
Assist in driving transparency in engineering project tracking and leveraging available business systems
Assist businesses in evaluating margins on special pricing requests
Provide reporting on performance against third party software partner agreements
Provide guidance in driving process improvements in software operations
Provide direction and insight to the business on software revenue recognition practices
Internal Number: 2697850
About Rockwell Automation
When you choose Rockwell Automation, you join countless talented employees who have helped us establish our leadership position in the automation industry over the past century.
You join a diverse, inclusive and global community with a passion for innovation. A place where you can partner with great minds and inspiring people. And a corporation backed by the financial strength that drives growth – and career opportunities.
As much as we focus on our customers, we know our employees are key to our success and future. Helping you develop a rewarding career is a top priority. Because when you succeed, we succeed.