nVent

Senior Financial Analyst

nVent$76K — $141K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting or Finance required.
  • 3+ years of experience in Financial Planning, Operational Finance or Corporate Finance, particularly with plant standard costing systems.
  • Experience with Percent of Completion Revenue recognition preferred.
  • Advanced proficiency in Microsoft Excel; experience with Tableau, Sievo, and/or OneStream XF is an asset.
  • Knowledge of US GAAP and ability to navigate ERP systems.
  • Strong organizational skills to juggle multiple projects.
  • Excellent interpersonal skills for building relationships with site leaders.

Responsibilities

  • Drive cost and cash productivity while collaborating with leadership for growth and margin enhancement.
  • Lead improvements in the Excess and Obsolete analysis process.
  • Prepare comprehensive reports for safety, quality, delivery, cost, and cash metrics on a regular basis.
  • Oversee inventory and asset reporting, ensuring accuracy and clarity.
  • Develop analytical tools to enhance understanding of manufacturing cost structures and performance metrics.
  • Effectively communicate financial and operational results to gauge progress and decision-making impact.
  • Perform detailed variance analysis for budgeting, identifying trends and cost drivers.
  • Lead cross-functional projects aimed at operational improvements in the plant.
  • Manage the month-end close process, including preparation of journal entries.

Benefits

  • Medical, dental, and vision plans, including flexible spending accounts.
  • 401(k) retirement plan and employee stock purchase plan with company match.
  • Tuition reimbursement and employee supportservices such as caregiver and parental leave.
  • Paid time off, including time for volunteering, along with well-being programs.
  • Life insurance and identity theft protection options.
Full Job Description
This high-visibility finance role supports our Chattanooga, TN and Millington, MD sites. The position serves as a key business partner to cross-functional site leaders and provides financial leadership across multiple value streams, drives productivity and inventory performance. This role leads core plant financial processes, and partners closely with operations through analysis and continuous improvement initiatives.

WHAT YOU WILL EXPERIENCE IN THIS POSITION:
  • Drive both cost and cash productivity in the plants partnering with the leadership team to generate top line growth and gross margin expectations.
  • Lead and improve our Excess and Obsolete analysis and process.
  • Prepare reports on daily, weekly & monthly basis to assist in the tracking and improvement of safety, quality, delivery, cost and cash metrics.
  • Lead location inventory and asset reporting, review, and accuracy.
  • Drive the development of analytical tools and capabilities to better understand the plants' manufacturing cost structure. Types of analysis includes variance analysis for conversion and material cost, productivity results, and Value Stream production results.
  • Understand and show capability to summarize and communicate clearly value stream and plant financial and operating results in order to measure progress against objectives and to assess the effectiveness of decisions made by plant management team.
  • Clearly articulate the drivers of variance, including volume, mix, inflation and productivity. Support understanding of Percent of Completion revenue recognition.
  • Provide variance analysis of cost center spend vs budget, identifying trends and key cost drivers.
  • Participate in and able to lead cross-functional projects focused on driving operational improvements in the plant.
  • Lead the month-end close process which includes preparing journal entries and loading results in reporting package tool.


YOU HAVE:
  • Bachelor's degree in Accounting or Finance related field required.
  • 3+ years of experience in Financial Planning, Operational Finance or Corporate Finance. Experience with plant standard costing systems.
  • Previous experience working with Percent of Completion Revenue recognition is preferred.
  • Proficient in advanced Microsoft Excel; experience with Tableau, Sievo, and/or OneStream XF is an asset; familiarity with ERP systems preferred.
  • Knowledge of US GAAP.
  • Well organized and can prioritize multiple projects with competing timelines.
  • Interpersonal skills that build and maintain excellent relationships and credibility.
  • Demonstrates a high level of understanding of how key finance and manufacturing decisions impact the business units and forecasted operating results/cash flows.
  • Ability to travel up to 15% of the time.


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
    • nVent is a leading global provider of electrical connection and protection solutions. We believe our inventive electrical solutions enable safer systems and ensure a more secure world. We design, manufacture, market, install and service high performance products and solutions that connect and protect some of the world's most sensitive equipment, buildings and critical processes. We offer a comprehensive range of systems protection and electrical connections solutions across industry-leading brands that are recognized globally for quality, reliability and innovation.
    • Our principal office is in London and our management office in the United States is in Minneapolis. Our robust portfolio of leading electrical product brands dates back more than 100 years and includes nVent CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF and TRACHTE. Learn more at www.nvent.com.


  • Commitment to strengthen communities where our employees live and work
    • We encourage and support the philanthropic activities of our employees worldwide
    • Through our nVent in Action matching program, we provide funds to nonprofit and educational organizations where our employees volunteer or donate money


  • Core values that shape our culture and drive us to deliver the best for our employees and our customers. We're known for being:
    • Innovative & adaptable
    • Dedicated to absolute integrity
    • Focused on the customer first
    • Respectful and team oriented
    • Optimistic and energizing
    • Accountable for performance


  • Benefits to support the lives of our employees


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:
$76,000.00 - $141,100.00

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.


At nVent, we connect and protect our customers with inventive electrical solutions. People are our most valuable asset. Inclusion and diversity means that we celebrate and encourage each other's authenticity because we understand that uniqueness sparks growth.

#LI-ER1
#LI-Hybrid

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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