nVent

Finance Manager I - Services

nVent$89K — $165K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Accounting, Economics, or related field (MBA or CFA preferred).
  • 8+ years in commercial finance, pricing, or business partnering roles.
  • Experience with cost modeling, profitability analysis, and pricing strategy development.
  • Familiarity with service, aftermarket, or labor-driven business models is preferred.
  • Strong financial modeling, analytical, and forecasting skills.

Responsibilities

  • Build the financial model for services, refining economic models, rationales, and scaling scenarios.
  • Design costing frameworks, developing bottom-up cost models and establishing profitability guardrails.
  • Contribute to the pricing strategy by implementing robust service pricing models and regional structures.
  • Enable systems and processes by partnering with IT and Sales Ops to enhance service capabilities.
  • Drive performance management by establishing dashboards and KPIs to provide insights on profitability and win rates.
  • Lead budgeting and forecasting for service operations, tracking financial performance vs. plans.

Benefits

  • Comprehensive medical, dental, and vision plans with flexible spending accounts.
  • 401(k) retirement plan with company match and employee stock purchase plan.
  • Tuition reimbursement and generous leave options including parental and caregiver leave.
  • Back-up care services and a well-being program to support employees' health.
  • Legal and identity theft protection as part of supplemental benefits.
Full Job Description
We are expanding our Service business to complement our core product portfolio, including installation, preventative maintenance, and extended warranty offerings. This role will serve as the foundational finance partner, responsible for designing and implementing the financial and commercial backbone of the business-from costing and pricing to quoting, systems, and performance management. This is a high-impact, build-from-scratch role with direct visibility to senior leadership and meaningful influence on long-term growth and profitability. WHAT YOU WILL EXPERIENCE IN THIS POSITION: Build the Financial Model for Services: Refine the economic model across installation, maintenance, and warranty offerings. Develop rationales, revenue models, and scaling scenarios. Establish assumptions for attachment rates, service mix, and labor models (internal vs. contracted). Design Costing & Profitability Frameworks: Develop bottom-up cost models including internal labor and third-party vendor structures, travel, complexity, and site-specific costs, warranty reserves and lifecycle service costs. Establish standard costing, margin targets, and profitability guardrails. Contribute to the Pricing Strategy: Develop and implement service pricing models, including cost-plus and value-based approaches, multi-year service and warranty bundles, regional pricing structures and adders. Partner with Sales to ensure pricing balances price positioning and profitability. Enable Systems & Processes (Quote-to-Cash): . Partner with IT and Sales Ops to implement service capabilities across CPQ, ERP, and Salesforce, define scalable processes and offerings, and support early deal structuring to drive consistency and margin integrity. Drive Operating Rhythm & Performance Management: Establish dashboards and KPIs, including pipeline, bookings, revenue, and margin, Service attachment rates and penetration, Warranty performance vs. assumptions. Provide insights to continuously improve pricing, win rates, and profitability. Budgeting and forecasting: Lead the budgeting and forecasting process for the Service business, operational expenses and financial performance tracking vs. plan. Provide regular updates and projections to support resource prioritization and investment planning. YOU HAVE: - Bachelor's degree in Finance, Accounting, Economics, or a related field. (MBA or CFA preferred). - 8+ years of experience in commercial finance, pricing, or business partnering roles. Strong experience in: cost modeling and profitability analysis, pricing strategy and developing rationale for initiatives. - Experience with service, aftermarket, or labor-driven business models preferred. Strong experience with CPQ, ERP, and Salesforce systems is a plus. - Strong financial modeling, analytical and forecasting skills. Proficiency in financial planning tools, ERP systems and Excel. - Excellent communication and presentation skills with the ability to convey financial insights to both finance and non-finance collaborators. WE HAVE: - A dynamic global reach with diverse operations around the world that will stretch your abilities, provide plentiful career opportunities, and allow you to make an impact every day Pay Transparency nVent's pay scale is based on the expected range of base pay for this job and the employee's work location. Employee pay within this range will be based on a combination of factors including knowledge, skills, abilities, experience, education, and performance. Where federal, state, or local minimum wage requirements exist, employee pay will comply. Compensation Range: $89,300.00 - $165,800.00 Depending on the position offered, employee may be eligible for other forms of compensation, such as annual incentives. Benefit Overview At nVent, we value our people and their health and well-being. We provide a broad benefits package with meaningful programs for eligible full-time employees that includes: - 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. - Other supplemental benefits may include 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. #LI-Hybrid #LI-JJ1

About nVent

nVent is a global leader in the design, manufacture, and distribution of electrical enclosures, electric heat tracing solutions, and other electrical products. The company serves a wide range of industries, including energy, industrial, infrastructure, and commercial. nVent was founded in 2018 as a spin-off from Pentair, and is headquartered in St. Louis Park, Minnesota. The company has operations in more than 30 countries and employs approximately 9,000 people.
Learn more about nVent
Size
9,000 employees
Market Cap
$6.3 billion
Industry
Net Income
-$47.2 million
5 Year Trend
+3.1%
Revenue
$1.9 billion

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