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

Sumitomo Electric Group•Farmington Hills, MI

13d•Hybrid

About The Position

Sumitomo Electric Wiring Systems, Inc. (SEWS) is hiring a Business Planner I, II, or III for its North American OEM Business Unit. The role analyzes and tracks the unit’s financial performance and leads budget preparation and profit-improvement efforts. It coordinates with internal SEWS functions to consolidate information for feasibility studies in response to customer inquiries, including Requests for Quote, and works with other financial planning and analysis teams, including Wire Harness and Corporate Business Planning. The position is based at the Farmington Hills, Michigan office and is hybrid. Associates must work in the office at least four days each week and may work off-site for the remaining time. SEWS describes itself as part of the Sumitomo family of companies and a leading supplier of electrical distribution systems, components, and electronics. It offers a competitive salary and comprehensive benefits package. Applicants should submit a cover letter and salary history when applying.

Requirements

Bachelor’s degree; preferably in Business, Economics, Engineering, or a related field.
One to seven 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 analyses, 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.
Communicate with Wire Harness Business Planning about financial performance tracking and budget deadlines.