Sr. Financial Analyst

Posted 14 Days Ago
Blaine, MN, USA
In-Office
76K-141K Annually
Senior level
Hardware • Information Technology • Energy • Design • Utilities • Industrial • Renewable Energy
At nVent, we connect and protect our customers with inventive electrical solutions.
The Role
Serves as the finance partner for a manufacturing site by developing operating plans, forecasts, and financial analyses. Tracks performance, investigates variances, supports monthly close and cost processes, and prepares reporting packages for management. Oversees financial planning for capital investments, indirect purchases, and operating expenses. Improves finance processes using Lean tools and develops analytical tools while partnering with business stakeholders on risks, opportunities, and corrective actions.
Summary Generated by Built In

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.

WHAT YOU WILL EXPERIENCE IN THIS POSITION: 
• 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.
 
YOU HAVE:
• 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).

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-Onsite
#LI-JJ1

Skills Required

  • Bachelor's degree in Accounting or Finance
  • 4+ years of experience in Financial Planning & Analysis, Manufacturing, or Corporate Finance
  • Ability to communicate effectively with personnel at all organizational levels and establish relationships with coworkers, executives, and finance personnel
  • Proficiency in Excel, Word, PowerPoint, Tableau, and OneStream XF or similar financial reporting systems
  • Strong work ethic and personal responsibility for work outcomes
  • Flexibility, organization, and ability to work under time constraints and deadlines
  • Analytical and problem-solving skills for complex financial scenarios
  • Knowledge of US GAAP and International Accounting Standards (IAS)

nVent Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about nVent and has not been reviewed or approved by nVent.

  • Retirement Support — Retirement support appears well-developed, including a 401(k) plan with up to a 5% company match administered through Fidelity. Stock ownership opportunities are also offered through an employee stock purchase plan with a matching contribution.
  • Healthcare Strength — Healthcare coverage is broad, spanning medical, dental, vision, prescription drug plans, and mental health resources. Additional protection benefits like disability and life/AD&D coverage are also included.
  • Leave & Time Off Breadth — Time-off offerings include vacation, separate sick time for hourly employees, floating holidays, and paid volunteer time. Paid parental leave is available for up to six weeks within the first 12 months to bond with a new child.

nVent Insights

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The Company
HQ: St. Louis Park, MN
10,001 Employees
Year Founded: 2018

What We Do

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.

Why Work With Us

At nVent, our employees bring bold ideas, are authentic and build the future of a more sustainable and electrified world. Promoting a culture of inclusion is a cornerstone of our strategy and is woven throughout our organization. We believe that diverse perspectives are key to our company’s ability to innovate for our customers and grow.

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