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 or Operational Finance, with manufacturing finance experience preferred.
  • Experience with plant standard costing systems strongly preferred.
  • Familiarity with Percent of Completion Revenue recognition preferred.
  • Proficient in advanced Microsoft Excel; Tableau, Sievo, and/or OneStream XF experience a plus.
  • Knowledge of US GAAP required.
  • Strong interpersonal skills to maintain relationships and credibility.

Responsibilities

  • Drive cost and cash productivity in partnership with leadership.
  • Lead and enhance Excess and Obsolete analysis and processes.
  • Prepare regular reports to track safety, quality, delivery, cost, and cash metrics.
  • Oversee inventory and asset reporting for accuracy.
  • Develop analytical tools to understand manufacturing costs and productivity results.
  • Summarize and communicate value stream and plant financial results to assess progress and decisions.
  • Analyze variance in cost center spending versus budget.

Benefits

  • Medical, dental, and vision plans, including flexible spending accounts.
  • 401(k) retirement plan and stock purchase plan with company match.
  • Tuition reimbursement and various leave options, including parental and volunteer time.
  • Short-term and long-term disability benefits, critical illness and life insurance.
  • Well-being programs and legal & identity theft protection.
Full Job Description
This is a high visibility, critical role supporting our Oshkosh, WI and Kewanee, IL sites and will be the finance business partner to the cross functional leaders. You will be a key finance resource for our facilities, leading financial support for multiple value streams and processes. You will play a key role in making sure that the sites achieve their productivity and inventory related financial goals, while also leading core financial processes for the plants. You will proactively participate in key operations analysis and continuous improvement.

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 is required. At least some manufacturing finance experience is required.
  • Experience with plant standard costing systems is strongly preferred.
  • 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 required.
  • 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 divisions and forecasted operating results/cash flows.
  • Ability to travel up to 15% of the time.
  • Position is hybrid - requiring onsite 4 days per week at either the Oshkosh WI site or Kewanee IL site.


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-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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