HES FP&A Manager

Socket.dev; Shelton (CT); On-site; USD 120,000 - 170,000; Full time

Job summary

Hubbell Incorporated, based in Shelton, CT, is seeking a Manager of Financial Planning & Analysis to provide FP&A support for the HES segment across pricing, operations, and sales/marketing finance. You will collaborate with functions to build the annual plan, forecasts, and commentary while driving profitability and cash flow.

You will develop financial models, analyze KPIs, costs, and capital needs to enable informed decisions and strategic growth for Hubbell's global footprint.

Qualifications

• Bachelor’s degree in accounting or finance; required.
• 5+ years of FP&A, accounting or related experience.
• Experience implementing finance and accounting best practices.
• OneStream or similar software experience.
• Deep understanding of operating forecast and financial drivers.
• Knowledge of US GAAP, budgeting and costs in manufacturing.

Responsibilities

• Engage cross-functionally to provide finance support for informed decisions.
• Prepare annual plan, monthly forecasts, and strategic operating plans.
• Monitor budgets and analyze results vs forecast with department leaders.
• Develop financial models to support profitability and cash flow.
• Partner with sales on customer P&L and channel analytics.

Skills

FP&A experience

US GAAP knowledge

Excel advanced

Power BI

OneStream

SAP

PowerPoint

Financial modeling

Education

Bachelor's degree in Accounting, Finance, or related field

Tools

OneStream

SAP

Power BI

Job description

Job Overview

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.

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.