Business Planner I, II, or III (North American OEM Business Unit)

Sumitomo Electric Wiring Systems•Farmington Hills, MI

16d•Hybrid

About The Position

The Business Planner analyzes and tracks financial performance for the North American Business Unit and leads budget preparation and profit-improvement efforts. The role coordinates with internal SEWS functions to consolidate data for feasibility studies responding to customer inquiries, including Requests for Quote, and works with financial planning and analysis teams, including Wire Harness and Corporate Business Planning. This hybrid position is based at the SEWS Farmington Hills, Michigan office. Associates work in the office at least four days each week and may work off-site for the remaining time. The role is listed at levels I, II, or III and requires 1–7 years of relevant experience.

Requirements

Bachelor’s degree; preferably in Business, Economics, Engineering, or a related field.
1–7 years of 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.
Excellent oral and written communication skills.
Ability to work closely with team members and internal stakeholders to complete financial analyses and feasibility studies.
Proficiency with Microsoft Office, including Excel, PowerPoint, and Word.

Nice To Haves

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 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 approval for SEWS to respond to customer Requests for Quote.
Analyze program targets and current results to support profit-improvement activities and achieve business unit profit targets.
Support budget preparation and analyze financial impacts related to non-Material Direct Costs, Indirect/SG&A Costs, and overall Business Unit Profit and Loss.
Assist the North American OEM management team in resolving budget and results issues, including identifying abnormalities, investigating incorrect budgets or results, and supporting system updates.
Maintain close communication with Wire Harness Business Planning regarding financial performance tracking and budget deadlines.