Sr. Financial Analyst

nVent • Blaine, MN

12d • Onsite

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. This position serves as the Finance Partner for the Blaine manufacturing site, responsible for developing financial plans, monitoring performance against those plans, and analyzing variances. The role involves the end-to-end development of annual operating plans for the manufacturing site, including process flow, timeline, scenario loading, and financial consolidation. It also supports standard cost summary/inputs and cost revaluation analysis, as well as quarterly forecast processes with an emphasis on developing high-quality forecasts with a detailed understanding of potential risks and opportunities, including maintaining a working forecasting model. The analyst will track and analyze performance against the financial plan, forecast, and prior year, identifying root causes for shortfalls and partnering with the business on countermeasures. Additionally, the role supports data collection and consolidation for manufacturing variances and costs, assists with the monthly close process and analyzes results for business partners, and maintains a standard reporting package to communicate results to management and the leadership team, summarizing key conclusions and recommending opportunities for improvement. The analyst will develop tools to support analyzing results and performance, find opportunities for improving financial processes, and apply Lean tools to enhance efficiency and effectiveness. The role owns the financial overview for Capital investments, indirect purchases, and operating expenses across the function.

Requirements

• Bachelor's degree in Accounting or Finance required.
• 4+ years of experience in Financial Planning & Analysis, Manufacturing or Corporate Finance required.
• Ability to communicate and deal effectively with personnel at all organizational levels and establish sound relationships with co-workers, executives and field finance personnel.
• Proficient in Excel, Word, PowerPoint, Tableau and OneStream XF or similar financial reporting systems.
• Strong work ethic and sense of personal responsibility for work outcomes.
• Must be flexible, organized and able to work under time constraints and deadlines.
• Applies good analytical and problem-solving skills to complex financial scenarios using good judgment, fact-based reasoning, and knowledge of US GAAP and International Accounting Standards (IAS).

Responsibilities

• Serve as the Finance Partner for the Blaine manufacturing site to develop financial plans, monitor performance against those plans, and analyze variances.
• Involved in the end-to-end development of annual operating plans for manufacturing site including process flow, time line, scenario loading and financial consolidation.
• Supports standard cost summary / inputs and cost revaluation analysis.
• Assist with the quarterly forecast processes with an emphasis on developing high quality forecasts with a detailed understanding of potential risks and opportunities, including maintaining a working forecasting model.
• Tracks and analyzes performance against the financial plan, forecast and prior year. Works to identify root cause for shortfalls and partner with business on countermeasures.
• Supports data collection and consolidation required to understand manufacturing variances and costs for manufacturing site.
• Supports the monthly close process and analyzes results to report to business partners.
• Maintains a standard reporting package to communicate results to management and the leadership team. Summarizes key conclusions and recommends opportunities for improvement where appropriate.
• Develops the tools to support analyzing the results and performance.
• Find opportunities for improving financial processes and apply Lean tools to improve the efficiency and effectiveness of those processes.
• Owns financial overview to Capital investments, indirect purchases and operating expenses across the function.

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