Business Planner III - Commercial Department

Sumitomo Electric Wiring Systems, Inc. • Farmington Hills, MI

114d

About The Position

The Business Planner is responsible for analyzing and tracking North American Business Unit financial performance, as well as leading efforts for budget preparation and profit improvement. The Business Planner is the focal point to interface and coordinate with internal SEWS functions to consolidate data needed to prepare feasibility studies to respond to customer inquiries, including Requests for Quote. The Business Planner also has an important role to interface with other financial planning and analysis teams, including Wire Harness and Corporate Business Planning.

Requirements

• Bachelor’s Degree – Preferably in Business, Economics, Engineering or a related field.
• 5+ years progressive experience in business planning, financial planning and analysis, accounting or costing.
• Good financial knowledge, including experience with financial statements, financial analysis and/or budget management.
• English fluency required - Excellent oral and written communication skills.
• Ability to interact closely with team members and internal stakeholders to complete financial analysis and feasibility studies.
• Proficiency in utilizing Microsoft Office. (Excel, PowerPoint, Word)

Nice To Haves

• Specific experience related to Electrical Distribution System products, including components, wire harnesses or electrical distribution boxes.

Responsibilities

• Prepare monthly financial documents for US and Japan reporting, including preparing cost center analysis, profit improvement reports and financial summaries for executive meetings.
• Prepare and analyze Profit and Loss by Program for North American OEM and report performance to executive management.
• Prepare Program Feasibility Studies and financial presentations to obtain management for SEWS to respond to customer Requests for Quote.
• Analyze targets and current results by Program to support Profit Improvement Activities to achieve business unit profit targets.
• Support budget preparation and analysis financial impact related to non-Material Direct Costs, Indirect/SG&A Costs and overall BU Profit and Loss.
• Assist NA OEM management team with resolving issues related to budgets and results, including identifying abnormalities, investigating incorrect budgets or results and supporting system updates.
• Maintain close communication with Wire Harness Business Planning related to track financial performance and monitoring budget deadlines.

Benefits

• Medical
• Dental
• Vision
• Disability
• Life
• 401(k) with match
• tuition benefits
• paid holidays
• vacation

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Bachelor's degree
• Number of Employees: 251-500 employees