Senior Financial Analyst

nVent; Oshkosh (WI); Hybrid; USD 76,000 - 141,000; Full time

Benefits offered by this job

Medical plans

Dental plans

Vision plans

401(k) plan

Employee stock purchase plan

Job summary

nVent is seeking a finance business partner to support our Oshkosh, WI and Kewanee, IL sites. You will lead financial support for multiple value streams and drive productivity and inventory-related goals while leading core financial processes for the plants.

In this role you will perform variance analysis, Percent of Completion revenue recognition, and cross-functional projects to improve cash flow and operating results. The position is hybrid, onsite four days per week at either site.

Qualifications

• Bachelor’s degree in Accounting or Finance required.
• 3+ years in Financial Planning, Operational Finance or Corporate Finance.
• Manufacturing finance experience preferred.
• Experience with plant standard costing systems preferred.
• Experience with Percent of Completion revenue recognition preferred.
• Proficient in advanced Microsoft Excel; Tableau/Sievo/OneStream XF familiarity helpful.

Responsibilities

• Drive cost and cash productivity in the plants with leadership to improve margins.
• Lead Excess and Obsolete analysis and process improvements.
• Prepare daily, weekly and monthly reports for safety, quality, delivery, cost and cash metrics.
• Lead location inventory and asset reporting with accuracy.
• Develop analytical tools to understand manufacturing cost structure and variances.
• Support cross-functional projects to drive operational improvements at the plant.
• Lead the month-end close process including journal entries and reporting package uploads.

Skills

Advanced Excel

Variance analysis

Cross-functional collaboration

GAAP knowledge

Education

Bachelor’s degree in Accounting or Finance related field

Tools

Tableau

Sievo

OneStream XF

ERP systems

Job description

We’re looking for people who put their innovation to work to advance our success – and their own. Join an organization that ensures a more secure world through connecting and protecting our customers with inventive electrical solutions. This is a high visibility, critical role supporting our Oshkosh, WI and Kewanee, IL sites and will be the finance business partner to the cross functional leaders. You will be a key finance resource for our facilities, leading financial support for multiple value streams and processes. You will play a key role in making sure that the sites achieve their productivity and inventory related financial goals, while also leading core financial processes for the plants. You will proactively participate in key operations analysis and continuous improvement.

WHAT YOU WILL EXPERIENCE IN THIS POSITION

• Drive both cost and cash productivity in the plants partnering with the leadership team to generate top line growth and gross margin expectations.
• Lead and improve our Excess and Obsolete analysis and process.
• Prepare reports on daily, weekly & monthly basis to assist in the tracking and improvement of safety, quality, delivery, cost and cash metrics.
• Lead location inventory and asset reporting, review, and accuracy.
• Drive the development of analytical tools and capabilities to better understand the plants’ manufacturing cost structure.
• Types of analysis includes variance analysis for conversion and material cost, productivity results, and Value Stream production results.
• Understand and show capability to summarize and communicate clearly value stream and plant financial and operating results in order to measure progress against objectives and to assess the effectiveness of decisions made by plant management team.
• Clearly articulate the drivers of variance, including volume, mix, inflation and productivity.
• Support understanding of Percent of Completion revenue recognition.
• Provide variance analysis of cost center spend vs budget, identifying trends and key cost drivers.
• Participate in and able to lead cross-functional projects focused on driving operational improvements in the plant.
• Lead the month-end close process which includes preparing journal entries and loading results in reporting package tool.

YOU HAVE

• Bachelor’s degree in Accounting or Finance related field required.
• 3+ years of experience in Financial Planning, Operational Finance or Corporate Finance is required.
• At least some manufacturing finance experience is required.
• Experience with plant standard costing systems is strongly preferred.
• Previous experience working with Percent of Completion Revenue recognition is preferred.
• Proficient in advanced Microsoft Excel; experience with Tableau, Sievo, and/or OneStream XF is an asset; familiarity with ERP systems preferred.
• Knowledge of US GAAP required.
• Well organized and can prioritize multiple projects with competing timelines.
• Interpersonal skills that build and maintain excellent relationships and credibility.
• Demonstrates a high level of understanding of how key finance and manufacturing decisions impact the business divisions and forecasted operating results/cash flows.
• Ability to travel up to 15% of the time.
• Position is hybrid - requiring onsite 4 days per week at either the Oshkosh WI site or Kewanee IL site.

WE HAVE

A dynamic global reach with diverse operations around the world that will stretch your abilities, provide plentiful career opportunities, and allow you to make an impact every day nVent is a leading global provider of electrical connection and protection solutions. We believe our inventive electrical solutions enable safer systems and ensure a more secure world. We design, manufacture, market, install and service high performance products and solutions that connect and protect some of the world's most sensitive equipment, buildings and critical processes. We offer a comprehensive range of systems protection and electrical connections solutions across industry-leading brands that are recognized globally for quality, reliability and innovation. Our principal office is in London and our management office in the United States is in Minneapolis. Our robust portfolio of leading electrical product brands dates back more than 100 years and includes nVent CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF and TRACHTE. Learn more at www.nvent.com. Commitment to strengthen communities where our employees live and work We encourage and support the philanthropic activities of our employees worldwide Through our nVent in Action matching program, we provide funds to nonprofit and educational organizations where our employees volunteer or donate money

Core values that shape our culture and drive us to deliver the best for our employees and our customers

• Innovative & adaptable
• Dedicated to absolute integrity
• Focused on the customer first
• Respectful and team oriented
• Optimistic and energizing
• Accountable for performance

Benefits to support the lives of our employees

Pay Transparency nVent’s pay scale is based on the expected range of base pay for this job and the employee’s work location. Employee pay within this range will be based on a combination of factors including knowledge, skills, abilities, experience, education, and performance. Where federal, state, or local minimum wage requirements exist, employee pay will comply.

Compensation Range: $76,000.00 - $141,100.00 Depending on the position offered, employee may be eligible for other forms of compensation, such as annual incentives.

Benefit Overview

• Medical, dental, and vision plans along with flexible spending accounts, short-term and long-term disability benefits, critical illness, accident insurance and life insurance.
• A 401(k) retirement plan and an employee stock purchase plan — both include a company match.
• Other supplemental benefits may include tuition reimbursement, caregiver, personal and parental leave, back-up care services, paid time off including volunteer time, a well-being program, and/or legal & identity theft protection.

Inclusion and diversity means that we celebrate and encourage each other’s authenticity because we understand that uniqueness sparks growth.

At nVent, we are committed to equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by national, federal, state or local law.