Strategic Planning Intern – High Power Electronics

Methode Electronics • Southfield, MI

4d

About The Position

Strategic Planning Intern – High Power Electronics Position Summary: The Analyst will play an active role in improving the strategic market alignment of Methode’s gwowing high power electronics segment. The foundation for the analysis is developing a quantitative and qualitative segmentation analysis of the company’s curreent offerings, developing insights into the association of specific design and manufacturing capabilities with end-product functionality, project win rates and program profitability. Building on this product/market analysis, the Analyst will progress through several target application domains, including Aerospace, Defence and Data centers to assess the growth potential of Methode’s advanced engineering roadmap and other technology trends, such as wide band-gap semiconductor advancements, on future business growth opportunities. Position Responsibilities: Information Sourcing Work with engineering, operations and finance teams to establish accurate and repeatable information sources and data flows for the initial product segmentation and profitability analysis Work with sales and information technology teams to incorporate third-party syndicated data sources into forecasts for demand from Methode’s customers, such as military, aerospace and data centers Iterate proposed product segmentation with engineering and commercial teams Engage with advanced engineering teams to evaluate the potential for advanced development programs and technology trends to impact value-creation potential of existing and future product segments For markets (such as agricultural and construction vehicles) where syndicated data isn’t available, develop creative information sourcing, processing and validation strategies to develop reliable proxies to underpin sales forecasts and strategic planning roadmaps Data Analysis and Reporting Prepare detailed reports, presentations, and data analyses for executive briefings, Board meetings, and leadership updates on business performance and other strategic priorities. Interpersonal Engagement and Communication Develop strong working relationships across the organization, building trust and a shared commitment to creation of clear, informative and broadly comparable business performance information. Work cross-functionally to understand the business processes within each of the major functional areas of the company, to ensure that performance forecasts and reports are drawn from appropriate sources and definitions are applied consistently across all global locations and product areas. Develop expertise in blueprinting processes and information flows to ensure timely and effective implementation of supporting technologies to store, process, analyze and display relevant information Qualifications: Bachelor’s degree in a quantitative discipline (e.g., Math, Engineering, Economics), with additional course work or Masters in a business-related field preferred. Five years of relevant work experience, ideally in corporate finance, strategy, or consulting, engineering Understanding finance and accounting concepts, combined with the ability to interpret and understand critical differences in engineering designs and manufacturing processes to underpin a robust capability/value segmentation framework Work with marketing, sales, and production information as well as standard financial statements. Demonstrated analytical abilities applied to business challenges, with a proactive approach to identifying efficiencies and opportunities. Demonstrated intellectual curiosity, with the drive, intuition and quantitative aptitude to identify, investigate and uncover root causes and correlations for observed patterns in important data series. Excellent communication and presentation skills, with experience packaging insights for various audiences, including executives. Proficiency in data visualization, analysis, modeling, and business presentation tools. Benefits and Perks Methode offers US employees Medical, Dental, Vision, Hearing, Life & Disability insurance, a wellness program, and time off benefits. Voluntary benefit plans include Accident, Hospital Indemnity and Pet Insurance. Methode provides an Employee Assistance Program, and participation in the Company’s 401(k) plan which includes a company contribution. Base pay offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. Hourly employees will also be paid overtime pay when working qualifying overtime hours. Methode Electronics is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, genetic information and other legally protected characteristics per the EEO Poster available here . If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to [email protected] or call [phone] and let us know the nature of your request and your contact information. Methode Electronics is a leading developer of custom-engineered and application-specific products and solutions utilizing the latest technologies. From magnetic signature sensing of mechanical and electrical properties to the revolutionary solid-state touch sensitive switches used in today's appliances and automobiles, Methode's extensive toolbox of technical solutions help our customers differentiate their products. Our regional design and customer support centers, coupled with manufacturing campuses in the Americas, Europe, and Asia allow Methode to bring a total business solution to customers worldwide. We leverage the talents of our over 5,000 employees to serve a diversified group of customers in four market areas: User Interfaces, Sensor and Switches, Power and Data. Methode helps customers win in their end markets by providing an unmatched combination of customer focus, differentiated technology, problem solving and world-class manufacturing.

Requirements

• Bachelor’s degree in a quantitative discipline (e.g., Math, Engineering, Economics), with additional course work or Masters in a business-related field preferred.
• Five years of relevant work experience, ideally in corporate finance, strategy, or consulting, engineering
• Understanding finance and accounting concepts, combined with the ability to interpret and understand critical differences in engineering designs and manufacturing processes to underpin a robust capability/value segmentation framework
• Work with marketing, sales, and production information as well as standard financial statements.
• Demonstrated analytical abilities applied to business challenges, with a proactive approach to identifying efficiencies and opportunities.
• Demonstrated intellectual curiosity, with the drive, intuition and quantitative aptitude to identify, investigate and uncover root causes and correlations for observed patterns in important data series.
• Excellent communication and presentation skills, with experience packaging insights for various audiences, including executives.
• Proficiency in data visualization, analysis, modeling, and business presentation tools.

Responsibilities

• Work with engineering, operations and finance teams to establish accurate and repeatable information sources and data flows for the initial product segmentation and profitability analysis
• Work with sales and information technology teams to incorporate third-party syndicated data sources into forecasts for demand from Methode’s customers, such as military, aerospace and data centers
• Iterate proposed product segmentation with engineering and commercial teams
• Engage with advanced engineering teams to evaluate the potential for advanced development programs and technology trends to impact value-creation potential of existing and future product segments
• For markets (such as agricultural and construction vehicles) where syndicated data isn’t available, develop creative information sourcing, processing and validation strategies to develop reliable proxies to underpin sales forecasts and strategic planning roadmaps
• Prepare detailed reports, presentations, and data analyses for executive briefings, Board meetings, and leadership updates on business performance and other strategic priorities.
• Develop strong working relationships across the organization, building trust and a shared commitment to creation of clear, informative and broadly comparable business performance information.
• Work cross-functionally to understand the business processes within each of the major functional areas of the company, to ensure that performance forecasts and reports are drawn from appropriate sources and definitions are applied consistently across all global locations and product areas.
• Develop expertise in blueprinting processes and information flows to ensure timely and effective implementation of supporting technologies to store, process, analyze and display relevant information

Benefits

• Methode offers US employees Medical, Dental, Vision, Hearing, Life & Disability insurance, a wellness program, and time off benefits.
• Voluntary benefit plans include Accident, Hospital Indemnity and Pet Insurance.
• Methode provides an Employee Assistance Program, and participation in the Company’s 401(k) plan which includes a company contribution.

What This Job Offers

• Career Level: Intern