Finance Business Analyst, Operations Italy

Grundfos; Umsobomvu Local Municipality; On-site; ZAR 400 000 - 600 000; Full time

Job summary

A leading global supplier of advanced pump solutions is seeking a Finance Business Analyst to support operations in Italy. The ideal candidate will engage in financial analysis, product costing, and cost controlling, ensuring the success of operational financial insights. A strong background in finance and excellent communication skills are essential. This role offers an opportunity to work in a collaborative environment focused on continuous improvement and operational efficiencies.

Qualifications

• Proven experience in financial analysis, performance management, and cost controlling.
• Ability to work independently and collaboratively in a cross-functional environment.
• English on business level is a requirement.

Responsibilities

• Engage in plant management, product costing, project and cost controlling.
• Conduct financial data analysis and deep dives to identify trends.
• Prepare and monitor the industrial budget and periodic forecasts.
• Support management in pricing decisions and profitability analysis.

Skills

Financial analysis

Performance management

Cost controlling

Excel and PowerPoint proficiency

Communication skills

Education

Bachelor’s or master’s degree in finance, Accounting, Economics, or a related field

Tools

SAP

Job description

Grundfos is seeking a Finance Business Analyst to support our Operations in Italy. This role is a key link between financial data and business objectives, ensuring the successful development and deployment of analytical standards and ad hoc queries relevant to our operations.

Key Responsibilities

• Engage in plant management, product costing, project and cost controlling, performance accounting, CAPEX controlling and reporting.
• Support the Finance Business Partner (FBP) for WTE Operations, covering finance activities related to operations in Italy, Denmark and Poland.
• Conduct financial data analysis and deep dives to identify trends, patterns, deviations and improvements.
• Responsible for forecasts, budget and actuals for Operations in Italy
• Translate internal and external factors into actionable insights for consolidated financial statements and performance management systems.
• Perform root cause analysis and contribute to continuous improvement initiatives.
• Collaborate with Finance Business Partners and business stakeholders to influence decision‑making and identify operational efficiencies.

Main Activities

• Analyze production costs (raw materials, labor, and manufacturing overheads).
• Prepare and monitor the industrial budget and periodic forecasts.
• Calculate standard costs and perform variance analysis against actual results.
• Support management in pricing decisions and profitability analysis by product or business line.
• Work closely with production teams to improve efficiency and reduce waste.
• Track key performance indicators (KPIs) such as OEE, productivity, unit cost, scrap rate, and energy consumption.
• Prepare management reports and present financial insights to senior management.
• Ensure proper inventory valuation and cost accounting.
• Contribute to continuous improvement initiatives and digital transformation projects within the manufacturing area.

Qualifications & Experience

• Bachelor’s or master’s degree in finance, Accounting, Economics, or a related field.
• Proven experience in financial analysis, performance management, and cost controlling.
• Super user in Excel and PowerPoint and SAP experience would be an advantage.
• Strong communication skills with the ability to present complex data in a clear and actionable format.
• Ability to work independently and collaboratively in a cross‑functional environment.
• Previous experience with production/operation is considered a plus.
• As a person you are curious, outgoing, proactive and take ownership of your tasks.
• English on business level is a requirement.

Work Relations

You will work closely with Finance Business Partners of WTE and various stakeholders within Operations.

If you have questions or want to know more about the position, please contact hiring manager Jakob Skytte at [phone] or [e-mail].

For inquiries or to apply, please contact:

Gianluigi Di Sansebastiano
Recruiter – Grundfos
[e-mail]