Financial Planning and Analysis Manager

Hubbell Incorporated; Shelton (CT); On-site; USD 100,000 - 150,000; Full time

Job summary

Hubbell Incorporated seeks an experienced Manager, Financial Planning & Analysis to drive the financial planning process for the HES segment. You will lead annual plans, forecasts and strategic operating plans, and provide analytical commentary to support profitable execution across revenue, cost of sales, and capital expenditures.

You will partner with sales and operations, develop customer P&Ls, pricing analysis, and evaluate capital investments.

Qualifications

• Bachelor’s Degree in Accounting, Finance, or related field.
• 5+ years financial planning and analysis, accounting or related fields.
• Experience implementing finance and accounting best practices.
• OneStream or other related software experience.
• Deep understanding of building Operating Forecast | Plan and understanding financial drivers for results.
• Broad knowledge of accounting (US GAAP), budgeting, cost and interpretation of financial results in a manufacturing environment.
• SAP and BI Tools (Power BI).
• Expert working knowledge of MS Excel (V-lookup, pivot tables) and PowerPoint.
• Self-starter who is able to work independently and execute projects effectively.

Responsibilities

• Engage with all functional areas to provide finance support for informed business decisions and profitable execution.
• Prepare annual financial plan, monthly forecast, and strategic operating plans with commentary on results.
• Monitor department budgets and analyze results vs. forecast.
• Analyze trends in revenue, cost of sales, expenses and capital expenditures and understand market drivers.
• Review orders, billing margins and backlog variances to forecast and understand drivers.
• Prepare analysis, commentary and presentation material for monthly and quarterly financial reviews.
• Develop financial models and analysis to support profitability and cash flow initiatives.
• Provide financial support for business cases for capital investment and growth.
• Partner with sales to develop customer P&Ls and channel strategies.

Skills

Financial analysis

Independent worker

Business acumen

US GAAP knowledge

Education

Bachelor’s Degree in Accounting/Finance

Tools

OneStream

SAP

Power BI

Microsoft Excel

Job description

The Manager Financial Planning & Analysis is responsible for providing Financial Planning and Analysis support well as analysis around pricing, operations, and sales/marketing finance support for the HES segment.

A Day In The Life

Every day at Hubbell is different and you’ll contribute in many ways. On any given day, you’ll make a difference by:

• Engage with all functional areas and levels of organization to ensure appropriate level of finance support required to make informed business decisions to drive compliant, profitable execution of all activities.
• Prepare annual financial business plan, monthly forecast, strategic operating plans and provide commentary on result bridges (monthly, quarterly, YOY as well as sequential bridges, including Price/Cost/Productivity). This includes all P&L, Balance Sheet, Cash Flow and capital planning.
• In coordination with department leaders, prepare and monitor department budgets and provide analysis of results vs. forecast.
• Analyze trends in key performance indicators including all areas of revenue, cost of sales, expenses and capital expenditures and understand current Market drivers vs. plan and customer analytics.
• Review actual daily orders, billing margin and backlog variances to forecast and understand drivers.
• Assist in preparing analysis, commentary and presentation material for the monthly and quarterly financial review meetings.
• Develop financial models and analysis to support strategic profitability and cash flow initiatives.
• Provide financial support in the preparation of business cases for capital investment and new business growth.
• Partner with sales team in the development of customer P&L’s at the account level, channel strategies, channel business analysis leading to identification of business building initiatives and management of key channel messages.
• Track program/promotional effectiveness and recommend changes/improvements.
• Review the maintenance of pricing structure including price lists, contracts, discounts, special pricing agreements, and promotions in coordination with segment and business leaders.
• Work with Operations team to analyze the business’ cost structure as well as manufacturing performance.
• Work collaboratively with Business Unit and Segment finance teams to propose and implement process improvement ideas to enable more accurate and efficient reporting and analysis.

What will help you thrive in this role?

• Bachelor’s Degree in Accounting, Finance, or related field (required)
• 5+ years financial planning and analysis, accounting or other related fields (required)
• Experience in implementing finance and accounting best practices.
• OneStream or other related software experience.
• Deep understanding of building Operating Forecast | Plan and understanding financial drivers for results.
• Possess broad knowledge of accounting (US GAAP), budgeting, cost and interpretation of financial results in a manufacturing environment.
• SAP and BI Tools (i.e., Power BI).
• Expert working knowledge of MS Excel (V-lookup, pivot tables) and PowerPoint.
• Self-starter who is able to work independently and execute projects effectively.