Senior Financial Analyst

nVent • Saint Louis Park, MN

2d • Hybrid

About The Position

We’re looking for people who put their innovation to work to advance our success – and their own. Join an organization that ensures a more secure world through connecting and protecting our customers with inventive electrical solutions. nVent is seeking a diligent and analytical finance professional to support our New Product Development initiatives. This role will partner closely with cross-functional teams, including Product Management, R&D, Marketing, Supply Chain and Operations, to assess financial feasibility, optimize costs, to ensure timely implementation across different systems and drive profitable growth.

Requirements

• Bachelor’s degree in Finance, Accounting, Economics, or a related field.
• 5+ years of experience in finance, FP&A, product finance or a related field, preferably in a high growth, manufacturing environment.
• Excellent communication and presentation skills with the ability to convey financial insights to both finance and non-finance collaborators.
• Experience working with cross-functional teams in a fast-paced environment.
• Strong financial modeling, analytical and forecasting skills.
• Proficiency in financial planning tools, ERP systems and Excel.

Nice To Haves

• MBA or CFA preferred.

Responsibilities

• Develop financial models, forecasts, and business cases to assess the viability and profitability of new product development initiatives.
• Partner with R&D, supply chain, and operations teams to analyze product costs, identify cost-saving opportunities, and improve overall profitability. Support value engineering efforts to enhance cost efficiency.
• Support the budgeting and forecasting process for new product investments, operational expenses and financial performance tracking to targets. Provide regular updates and projections to support resource allocation and investment planning.
• Work closely with various functions to have new products set up in a timely, consistent manner across regions and systems.
• Assist Product management in establishing pricing analysis and strategies to ensure competitive positioning while maintaining profitability.
• Monitor financial performance of newly launched products against projections, analyze variances and suggest improvements to improve financial outcomes. Support ongoing product lifecycle management by assessing financial viability of product enhancements or extensions.

Benefits

• Medical, dental, and vision plans along with flexible spending accounts, short-term and long-term disability benefits, critical illness, accident insurance and life insurance.
• A 401(k) retirement plan and an employee stock purchase plan — both include a company match.
• Tuition reimbursement, caregiver, personal and parental leave, back-up care services, paid time off including volunteer time, a well-being program, and/or legal & identity theft protection.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior