Financial Planning & Analysis Manager

Hubbell, Inc.; Sunnyside (CT); On-site; USD 126,000 - 162,000; Full time

Benefits offered by this job

Medical, dental, life and disability保险

401(k) Retirement Plan with company 4%

Company match 50% up to 6%

Job summary

Hubbell Incorporated in Shelton, CT, is seeking a Finance Manager, FP&A to partner with the Director of FP&A and BU GMs in forecasting, analysis, and strategic decision support for the Electrical Products unit.

You will produce monthly, quarterly, and annual reports, build analytical models in Excel/Power BI, and lead variance analysis, annual plan timelines, and KPI tracking to drive value and efficiency across the organization.

Qualifications

• 5-10 years of experience in planning and forecasting.
• Bachelor’s degree in finance or accounting.
• Demonstrated ability to create analytical models and tools for scenario planning or ad hoc analysis (advanced Excel).
• Strong interpersonal skills and ability to communicate across levels of the organization.
• Must be a team player with ability to multi-task and work independently.
• Experience with SAP and Power BI preferred; HFM or OneStream is a strong plus.
• Strong PowerPoint presentation skills and business acumen.
• Self-starter who can execute projects independently.

Responsibilities

• Produce monthly, quarterly, and annual financial reports, support schedules and KPIs.
• Provide analysis of key variances and communicate underlying stories for management meetings.
• Review orders, billing margin and backlog variances to forecast drivers.
• Partner with Executives to develop Annual Plans and quarterly forecasts.
• Communicate financial information to non-financial partners.
• Lead YOY cost bridge for internal/external reporting with emphasis on price and materials.
• Assist in developing timelines for Annual Operating Plan and Forecasts.
• Explain Shared Service cost allocation drivers to stakeholders.
• Obtain, organize, and transform data in Excel/Power BI for insights.
• Automate routine FP&A tasks and evaluate reporting processes.
• Collaborate with finance teams across the enterprise and support working capital analysis.
• Build presentations for Senior Leadership and assist with other projects.

Skills

Forecasting

Analytical modeling

Interpersonal communication

Team player

Presentation skills

Education

Bachelor’s degree in finance or accounting

Tools

SAP

Power BI

HFM

OneStream

Job description

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The Finance Manager, FP&A position will support the Director of FP&A with the forecasting and strategic analysis of revenue and costs within the Electrical Products Strategic Business Unit. This position will be a key part of the Hubbell Electrical Products Finance team. This highly visible role will partner with business unit General Managers as well as various finance and accounting leaders, to collectively provide value-added analytical support to support critical financial decisions.

Produce monthly, quarterly, and annual financial reports, support schedules and KPIs
Provide analysis of key variances and effectively communicate the “underlying story behind the numbers” for monthly management alignment meetings
Review actual daily orders, billing margin and backlog variances to forecast and understand drivers
Partner with Executive Team to develop Annual Plans, quarterly forecasts, and latest estimates of spending trends
Effective communication of financial information to non-financial partners
Lead creation of YOY cost bridge (Income Variance Analysis) for use in both internal and external reporting (10K, 10Q) with emphasis on price and material costs
Assist in developing timelines and deliverables for Annual Operating Plan and Forecasts
Communicate Shared Service cost allocation drivers and methodology to key stakeholders.
Efficiently obtain, organize, and transform data in Excel, Power BI or other tool to provide insights into trends and improve accuracy of submissions
Simplify processes to reduce time and costs through automation of routine FP&A tasks.
Periodically evaluate reporting processes for total Hubbell SG&A and make recommendations for enhancements
Collaborate with many finance team members across the enterprise to gather and consolidate key information
Assist with Free Cash Flow and working capital analysis
Build presentations for the Senior Leadership team
Assist the FP&A Team and management with other projects or tasks as requested

What will help you thrive in this role?

5- 10 years of experience in planning and forecasting
Bachelor’s degree in finance or accounting
Demonstrated ability to create analytical models and tools for scenario planning or ad hoc analysis (advanced Excel)
Strong interpersonal skills and demonstrated ability to communicate efficiently and effectively across various levels of the organization
Must be a team player with the ability to multi-task but at times work independently and be accountable for results
SAP and Power BI experience preferred, HFM or OneStream a strong plus
Strong oral and written communication skills and PowerPoint presentation skills
Strong business acumen
Self-starter who can work independently and execute projects effectively

The anticipated salary range for this position is $126,100 - $162,000. Final pay will be determined based on the selected candidate's experience, skills, qualifications and work location and may vary accordingly.

Hubbell offers a competitive benefits package that includes:

• medical, dental, life and disability insurance, and supplemental benefits.
• 401(k) Retirement Plan with company provided 4% automatic contribution and a Company match of 50% on employee contributions up to 6%.
• 11 employer-paid holidays, flexible vacation, 40 hours sick time, and 8 paid volunteer hours.

Hubbell Incorporated

Hubbell creates critical infrastructure solutions that power our customers, communities, people and the planet. Our company is strategically aligned around enabling grid modernization and electrification. As more products plug in to an aging grid, Hubbell solutions enable the transition to a more reliable, resilient and efficient energy infrastructure. Founded in 1888 our innovation has made us a leading global manufacturer of high quality electrical and utility solutions enabling customers to operate critical infrastructure reliably and efficiently.

The company operates in two segments. Hubbell Utility Solutions (HUS) enable the grid to conduct, communicate and control energy across utility applications and Hubbell Electrical Solutions (HES) are essential to managing power across a wide range of industries and applications. Our vertical market solutions can be applied to markets including Data Centers, Renewables, Commercial Buildings, Industrial, Telecom and Transportation. Supporting both of our business segments is our corporate and Hubbell Unified Business Solutions teams that provide consistent process, tools technologies across our businesses.

We are committed to operating sustainably and ethically while promoting an inclusive and supportive culture for our people to grow and develop in their careers. Our employees proudly work and serve our communities from our headquarters in Shelton, CT, across the United States and around the globe.

Hubbell Electrical Solutions

Hubbell Electrical Solutions (HES) are essential to managing power across a wide range of industries and applications. HES provides the critical components that allow operators of buildings, factories and other industrial infrastructure to connect, protect, wire and manage power.

Hubbell Incorporated, its subsidiaries and affiliates, is an EO Employer AA: M/F/Veteran/Disability. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, protected veteran status, sexual orientation, gender identity or any other protected class.

The above summary of position responsibilities and requirements is not intended, and should not be construed, to be an exhaustive list of duties, skills, efforts, physical requirements, or working conditions associated with the position. It is intended to be an accurate reflection of those principal position elements essential for making decisions related to position performance, employee development, and compensation.