Select Career Opportunities Orientation Program James G. Darby Account Manager, Finance Training & Development Corporate Human Resources Deere & Company Christie L. Riek Project Manager, Worldwide Logistics Freight Pay Worldwide Supply Chain Management Deere & Company Corporate Snapshot • • • • Diversified Multinational Size Number of Employees Expectations of Potential New Hires Leadership... One foot on concrete Firmly supported by the familiar and comfortable…the knowledge and skills we have acquired and refined One foot on water Courageous commitment…stepping forward into new and unfamiliar territory Finance Development Program (FDP) • Three to four year program • Two to three 12 - 18 month work assignments • Education and training throughout rotations • Graduate study opportunities Typical FDP Work Assignments • • • • • • • Management Accounting International Accounting General Accounting Internal Audit Supply Management SAP Treasury Job Descriptions and Responsibilities • • • • • Internal audit Management accounting International accounting Treasury SAP Internal Audit Responsibilities • Review the Company’s System of Internal Control • Evaluate Financial Statements for Compliance • Develop Finance Professionals Benefits of the Internal Audit Experience • Gain exposure to multiple operating divisions and units • Network with personnel throughout the organization • Global / international orientation Management Accountants - Financial Counselors • Roles and Opportunities – Financial investment analysis – New product development – Supply management – Financial planning analysis – Joint ventures and acquisitions – Compensation systems International Accounting • Roles and Opportunities – Obtain, review, translate and consolidate overseas financial results – Analytical review of results – Continuous review of consolidation process and procedures – Develop international business people Treasury - Commercial Paper • Commercial Paper (CP) is short term debt issued for terms between one and 270 days • The CP trader works with dealers to sell Deere CP to investors to provide funding for entities in the U.S., Canada, Australia, United Kingdom, Luxembourg, and the Netherlands Typical Daily CP Duties • Assist in determing daily interest rates to be paid on CP issuances • Work with dealers daily to issue required CP • Interact with Deere personnel worldwide to determine funding needs • Prepare management reports to compare CP issuance against established benchmarks • Invest the roughly $3 billion in Deere & Company cash Global SAP Services • Enterprise Resource Planning System – Customer focused – Process driven • Financial and Controlling (FICO) Processes – Product Delivery Process – Customer Support Process – Customer Acquisition Process Global SAP Services Responsibilities • Process definition and review – Define or review current process for continuous improvement • Configuration and testing – Ensure process is functioning as intended • Implementation – Site rollout Early Career - A Typical Path Operations Accountant Accounting Supervisor Cost Accountant Internal Auditor Int’l Consolidations Five Stages of Leadership 5. Participate in business decision-making 4. Formulate alternative strategies 3. Identify and present trends 2. Analyze and report data 1. Compile data General Policies & Issues • Relocation – Employee’s preferences and constraints are considered when relocation opportunities arise • Promotion – Primarily promote from within the organization General Policies & Issues • Travel – Varies depending on position held • Graduate School – Available to employees who have shown • a superior record of achievement • proven leadership attributes • superior communication and interpersonal skills Advantages of Large Corporations • Endless number of opportunities within the organization • International travel and/or relocation throughout your career • Company name recognition