The Role: Business Finance Senior Analyst

The Business Finance Senior Analyst will be responsible for the Virtual Factories (East Asia and India territories) and Logistics. You shall act as the single point of contact responsible for serving as the primary liaison between the manufacturing department, Logistics and the finance team. Your role will involve providing financial analysis, reporting, and support to ensure effective decision-making and financial management within the manufacturing operations. You will collaborate closely with cross-functional teams to drive financial performance, cost control, and process improvements.

What will you do

Financial Analysis includes but not limited to:

Conduct financial analysis onlogistics costs, transportation expenses, and related key performance indicators (KPIs). Identify areas for improvement and cost-saving opportunities.
Prepare detailed financial reportsand presentations, forecasts, and budgets to aid in decision making activities/processes
Conduct variance analysis toidentifydiscrepancies between forecast versus actual financial performance
d.Collaborate with inventory control teams to ensureaccurate valuation, reconciliation, and analysis of inventory levels. Provide insights on inventory optimization and assist in the resolution of inventory-related issues.
e.Otherreporting and analysis such as Part weights validation, direct labor productivity, Price, volume & FX sales data, purchase productivity validation, freight and other logistic data collections and their lives

Cost analysis

Collaborate with production teamstoidentify cost drivers, analyze cost trends, and implement strategies to optimize costs and improve profitability
Monitor and collect manufacturing costs such as labor and inventory andidentifycost saving opportunities without compromising product quality or operational efficiency.
Work closely with thelogistics team to analyze cost drivers, evaluate cost trends, and implement strategies to optimize costs and improve profitability

Budgeting and Forecasting

Create and computeaccuratefinancial forecasts based on historical data and production requirements
Monitoring of budgets for manufacturing projects, department, and overall operations
Collaborate with theplant finance teamand logistics team to develop and manage manufacturing budgets, forecasts and financial plans

Freight and Carrier Management

Provide financial guidance and analysis on freight rates, carrier contracts, and transportation costs.
Evaluate carrier performance and support negotiations to achieve favorable terms

Data analysis

Extraction of information from large datasets translating them to meaningful use to support decision making
Utilizeadvanced data analysis techniques and financial modeling to provide insight into business performance

Process optimization and transformation

Identify inefficiencies in financial processes and implement improvements to enhance data accuracy and efficiency
Identify opportunities to streamline financial processes and enhance operational efficiency. Implement best practices and standardize financial procedures across the manufacturing department.
Streamline financial reporting and procedures and automate repetitive tasks using available software/solution such as Power Automate, BluePrism, UiPath and the likes

Stakeholder & Cross-Functional Collaborations

Present financial reports (Monthly and Quarterly Business Reviews MBR & QBR) and analysis to management explaining financial implications and concepts in an understandable manner.
Collaborating to plant finance business partners, production, supply chain and from other department to gather relevant financial information and to align financial objectives with overall business goals. Provide financial guidance and support on manufacturing-related projects and initiatives.

Other adhoc activities

One time financial reports and analysis
Participation on audit and compliance activities related to manufacturing.

Who would be successful

Bachelor's degree in Finance, Accounting, Business, or a related field. A Master's degree or relevant professional certification (e.g., CPA, CMA) may be preferred.
Proven experience in financial analysis, budgeting, and cost control, preferably within a manufacturing or production environment.
Strong analytical skills with the ability to interpret financial data and provide actionable insights.
Previous experience in finance, accounting, or a related role within a manufacturing environment is required. Knowledge of manufacturing processes and terminology.
Proficiency in financial modeling, forecasting, and variance analysis.
Excellent communication and interpersonal skills to effectively collaborate with cross-functional teams.
Proficiency in financial analysis tools such as Oracle, Hyperion Financial Management (HFM) and SAP S/4 HANA (Digital Finance Layer), Oracle, and other data visualization or automation tools
Advanced skills in MS Excel, Power Query and data analysis
Strong analytical, problem-solving, and communication skills presenting financial insights to stakeholders
Understanding of cost accounting principles and techniques.
Attention to detail and the ability to work independently as well as collaboratively within a team.

Key Competencies:

Financial analysis
Budgeting and forecasting
Cost control and reduction
Inventory management
Data analysis and interpretation
Communication and collaboration
Problem-solving and critical thinking
Attention to detail

Who will you report to Business Finance Manager

Looking to make an IMPACT with your career

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We are looking for IMPACT Makers; exceptional people who turn sustainability ambitions into actions at the intersection of automation, electrification, and digitization. We celebrate IMPACT Makers and believe everyone has the potential to be one.

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€40 billion global revenue

+9% organic growth

150 000+ employees in 100+ countries

You must submit an online application to be considered for any position with us. This position will be posted until filled.

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Business Finance Senior Analyst (HQ)