
Manufacturing Finances Analyst
Nvent
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Job Description
What YOU WILL EXPERIENCE IN THIS POSITION
The role helps in driving Operations Productivity, improving Profitability and Cash Flow throughout the India Systems Protection Business and by partnering with other ISC Business Partners and Finance teams.
In This Position, You Will Get To
- Provide Finance Support to the local Plant Leadership team, assuring awareness of gaps to targets and offering alternate paths to achieving commitments.
- Perform and take the ownership on daily/monthly ISC Finances Process : Integration in the ERP on all manufacturing transactions into the Finance Module, calculation of the E&O Reserve, Capitalized Variance, Revenue Recognition and other accruals. Perform various analysis on Material and on Labor/Overhead Variances versus Plan and LY.
- Support for improvement the Inventory Financial Management (follow-up on actions to reduce Excess & Obsolete Reserve, Improve Inventory Days on Hand Ratio, follow and track the cycle-count progress )
- Follow & check the execution of the Plant Productivity Projects.
- Run and own the annual Standard Cost Calculation Process in the ERP.
- Provide leadership and financial support to the annual planning effort and for quarterly forecast.
- See opportunities for improving and standardizing several ISC Financial Analysis including using digital tools to improve the efficiency and clarity of those reports.
- Perform Capital Expenditure Requests including financial analysis
- Academic background in a Bachelor's Degree in Commerce plus MBA (Finance)
- Previous experience in or with 8 – 10 years of exp in Manufacturing accounting
- Some good knowledge of US GAAP Rules
- Knowledge of the ERP SAP, Finances & Controlling Modules, would be an appreciable asset.
- Skills
- Ability to communicate and deal effectively with personnel at all organizational levels and establish sound relationships with co-workers, executives and field finance personnel.
- 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
- 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
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