Senior Manager, Finance - Shelton, CT

Hubbell Incorporated•Shelton, CT

22h

About The Position

The BU Senior Manager, Finance (RTW) will lead the finance function and serve as the primary Business Unit GM finance business partner. This role will be responsible for all aspects of the finance function, including financial reporting, financial planning & analysis, strategic finance and operations finance. This role will partner with the GM to develop and execute financial strategies to manage BU sales growth and margin expansion while maintaining a strong control environment. This role calls for leadership skills and the ability to achieve through the work of others but also entails a significant element of hands-on work. Hubbell creates critical infrastructure solutions that power our customers, communities, people and the planet. Our company is strategically aligned around enabling grid modernization and electrification. As more products plug in to an aging grid, Hubbell solutions enable the transition to a more reliable, resilient and efficient energy infrastructure. Founded in 1888 our innovation has made us a leading global manufacturer of high quality electrical and utility solutions enabling customers to operate critical infrastructure reliably and efficiently. The company operates in two segments. Hubbell Utility Solutions (HUS) enable the grid to conduct, communicate and control energy across utility applications and Hubbell Electrical Solutions (HES) are essential to managing power across a wide range of industries and applications. Our vertical market solutions can be applied to markets including Data Centers, Renewables, Commercial Buildings, Industrial, Telecom and Transportation. Supporting both of our business segments is our corporate and Hubbell Unified Business Solutions teams that provide consistent process, tools technologies across our businesses. We are committed to operating sustainably and ethically while promoting an inclusive and supportive culture for our people to grow and develop in their careers. Our employees proudly work and serve our communities from our headquarters in Shelton, CT, across the United States and around the globe. Hubbell Electrical Solutions Hubbell Electrical Solutions (HES) are essential to managing power across a wide range of industries and applications. HES provides the critical components that allow operators of buildings, factories and other industrial infrastructure to connect, protect, wire and manage power. Hubbell Incorporated, its subsidiaries and affiliates, is an EO Employer AA: M/F/Veteran/Disability. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, protected veteran status, sexual orientation, gender identity or any other protected class. The above summary of position responsibilities and requirements is not intended, and should not be construed, to be an exhaustive list of duties, skills, efforts, physical requirements, or working conditions associated with the position. It is intended to be an accurate reflection of those principal position elements essential for making decisions related to position performance, employee development, and compensation.

Requirements

10 Years of progressive finance experience in a publicly traded manufacturing company environment
Extensive accounting/financial reporting and forecasting experience
5+ years in a financial leadership role with direct team management responsibilities.
Solid understanding of general accounting & financial reporting in accordance with US GAAP
Deep expertise in financial modeling
Hands-on experience with financial systems including SAP (finance and cost modules), Blackline, and OneStream (preferred)
Demonstrated ability to manage reporting in multiple currencies and navigating international financial operations & statutory reporting
Strong written and verbal communication skills
Ability to operate in a matrix environment; collaborating cross-functionally
Ability to present complex financial concepts to Sr. leadership in simple terms
Identifies & communicates proactively around risks to the business, and offers proposed solutions
Advanced proficiency in Microsoft Office Suite, particularly Excel and PowerPoint; experience with Outlook, Word, and SharePoint
Strong background in designing, implementing, and maintaining internal controls in a large corporate environment
Skilled in synthesizing complex financial data, exercising sound judgment, and delivering actionable insights
Ability to create clear, concise presentations, reports, and visualizations to communicate financial information effectively
Strong interpersonal skills with a proven ability to collaborate across all organizational levels and departments. Demonstrated teamwork, peer support, and respectful communication in diverse work environments
Highly detail-oriented and capable of performing under tight deadlines
Willingness to travel up to 20% as needed
Bachelor’s degree in accounting

Nice To Haves

MBA or master’s degree in accounting or finance, preferred
CPA, CMA, CGMA, Chartered accountant or equivalent are strongly desired

Responsibilities

Accounting & Financial Reporting – Primary owner of the business unit P&L. Performs rigorous review to validate and understand results. Champions reporting to socialize financial results with the GM and cross-functional BU leadership team. Executes a monthly financial business performance review. Applies US GAAP and company policy in determining proper accounting for complex financial matters. Works closely with SBU, Segment and Corporate Controllership teams for alignment.
Financial Planning & Analysis – Primary owner of annual financial plans, monthly financial forecasts and long-term strategic financial plans. Primary liaison with SBU, Segment and Corporate FP&A teams.
Operations Finance – Primary liaison between BU finance and operations functions. Executes price | cost | productivity strategy/initiatives. Develops comprehensive financial models to measure the financial impacts of contemplated strategic projects (product line moves, make or buy decisions, costing methodology updates, etc.). Oversees annual standard revaluation and physical inventory processes at applicable manufacturing and distribution facilities. Oversees quarterly excess and obsolete inventory reporting; working with the operations and commercial teams to reduce E&O inventory expense.
Financial Modeling – Primary financial modeler to support the business unit. Applicable areas include capital/non-capital investments, new product introductions, restructuring initiatives, make or buy decisions, logistics cost analysis, customer pricing decisions, and other complex matters requiring financial modeling. Applies critical review to similar analysis presented by others to ensure that capital is properly allocated to investments with attractive returns. Monitors and communicates projected/actual financial results of engineering projects to introduce new products.
Strategic Finance – Applies an entrepreneurial mindset to partner with General Manager in driving a profitable growth strategy. Reviews customer/project bids and quotes. Collaborates with the commercial team to set and periodically re-evaluate price lists, project quotes, sales promotions, strategic customer partnerships, etc.
M&A Finance – Primary owner of the BU’s M&A program. Includes target selection, financial modeling, due diligence, purchase accounting & valuation, and the integration program.
Commercial Finance – Primary owner of customer, sales-person and sales-agent commission/rebate/incentive programs for the BU. Strategically evaluates such programs to ensure alignment between incentives and intended growth outcomes. Partners with the commercial team to update/execute annual incentive program renewals. Executes financial models to aid in decision making around modifications to existing programs and the deployment of new programs. Monitors customer orders and backlog; synthesizing commercial trends and communicating the impact. Executes and communicates product line and customer profitability analysis. Executes market segmentation and portfolio analysis.
Compliance – Serves as the primary owner of the BU control environment. Ensures compliance with GAAP and statutory requirements. Implements/monitors internal controls in alignment with company policies to safeguard assets and ensure reporting integrity. Oversees SOX compliance, internal audits, controllership reviews, physical inventories, fixed asset tracking, cycle counts, shipping and receiving cutoffs, and quarterly management certifications.
Leadership – Provides strong leadership in a matrix organization, fostering a culture of CI and operational excellence. Leverages deep knowledge of culture and best practices to enhance cost management processes and generate stakeholder support.
Cross-Functional Collaboration – Represents finance on strategic initiatives. Develops and implements policies and systems.