Contract Business Planner (North America OEM Business Unit)

Sumitomo Electric Group•Farmington Hills, MI

20h•Hybrid

About The Position

Position at Sumitomo Electric Wiring Systems, Inc. Job Title: Contract Business Planner This is an open-end Contract position (40 hours per week) through a staffing agency. This is a Hybrid position, which combines both in office and off-site work. Associates are required to work at least four days in our Farmington Hills, Michigan office each week. No relocation benefit will be offered for this position. Basic Purpose: 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, is a plus.

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 America 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 Business Unit Profit and Loss.
Assist North America OEM management team with resolving issues related to budgets and results, including identifying abnormalities, investigating incorrect budgets or results and supporting system updates.