Sr. Financial Analyst

nVent; Blaine (MN); On-site; USD 76,000 - 141,000; Full time

Benefits offered by this job

Medical, dental, and vision plans

401(k) and ESPP

Tuition reimbursement

Job summary

nVent in Blaine, Minnesota is seeking a Finance Partner for the Blaine manufacturing site to develop financial plans, monitor performance, and analyze variances. You will participate in annual operating plan development, process flow, timelines, scenario loading, and financial consolidation for the site.

You will support quarterly forecasts, close processes, and standard reporting to management, applying Lean tools to improve efficiency and effectiveness.

Qualifications

• Bachelor's degree in Accounting or Finance is required.
• 4+ years of experience in FP&A, Manufacturing or Corporate Finance.
• Ability to communicate with personnel at all levels and build relationships with executives.
• Proficient in US GAAP and IAS and strong analytical skills.

Responsibilities

• Serve as the Finance Partner for the Blaine manufacturing site to develop financial plans, monitor performance against those plans, and analyze variances.
• Involved in end-to-end development of annual operating plans for the manufacturing site including process flow, timeline, scenario loading and financial consolidation.
• Support standard cost inputs and cost revaluation analysis.
• Assist with quarterly forecast processes with high-quality forecasts and risk/opportunity analysis.
• Track performance vs plan and collaborate with the business on countermeasures.
• Support monthly close and consolidate reporting to management.
• Develop tools to analyze results and apply Lean concepts to improve processes.

Skills

Communication skills

Forecasting

Analytical thinking

Problem solving

Education

Bachelor's degree in Accounting or Finance

Tools

Excel

Word

PowerPoint

Tableau

OneStream XF

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.

WHAT YOU WILL EXPERIENCE IN THIS POSITION:

• Serve as the Finance Partner for the Blaine manufacturing site to develop financial plans, monitor performance against those plans, and analyze variances.
• Involved in the end-to-end development of annual operating plans for manufacturing site including process flow, time line, scenario loading and financial consolidation.
• Supports standard cost summary / inputs and cost revaluation analysis.
• Assist with the quarterly forecast processes with an emphasis on developing high quality forecasts with a detailed understanding of potential risks and opportunities, including maintaining a working forecasting model.
• Tracks and analyzes performance against the financial plan, forecast and prior year. Works to identify root cause for shortfalls and partner with business on countermeasures.
• Supports data collection and consolidation required to understand manufacturing variances and costs for manufacturing site.
• Supports the monthly close process and analyzes results to report to business partners.
• Maintains a standard reporting package to communicate results to management and the leadership team. Summarizes key conclusions and recommends opportunities for improvement where appropriate.
• Develops the tools to support analyzing the results and performance.
• Find opportunities for improving financial processes and apply Lean tools to improve the efficiency and effectiveness of those processes.
• Owns financial overview to Capital investments, indirect purchases and operating expenses across the function.

YOU HAVE:

• Bachelor's degree in Accounting or Finance required.
• 4+ years of experience in Financial Planning & Analysis, Manufacturing or Corporate Finance required.
• Ability to communicate and deal effectively with personnel at all organizational levels and establish sound relationships with co-workers, executives and field finance personnel.
• Proficient in Excel, Word, PowerPoint, Tableau and OneStream XF or similar financial reporting systems.
• Strong work ethic and sense of personal responsibility for work outcomes.
• Must be flexible, organized and able to work under time constraints and deadlines.
• Applies good analytical and problem-solving skills to complex financial scenarios using good judgment, fact-based reasoning, and knowledge of US GAAP and International Accounting Standards (IAS).

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. We’re known for being:

• 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 At nVent, we value our people and their health and well-being. We provide a broad benefits package with meaningful programs for eligible full-time employees that includes:

• 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.

At nVent, we connect and protect our customers with inventive electrical solutions. People are our most valuable asset.

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

#LI-Onsite #LI-JJ1

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.