Job Details
Hubbell
VP, Financial Planning and Analysis (Hubbell Site Flexible) - Aiken, SC
At HPS, we build products that provide mission critical infrastructure and that deliver communications and power to millions of people worldwide. In our business, failure is not an option. Therefore, we manufacture products of uncompromising integrity and it starts with our quality policy. We hold our partners, our suppliers and ourselves to the highest standard to ensure we exceed all the technical and functional expectations of our customers.
Hubbell Incorporated engages in the design, manufacture, and sale of electrical and electronic products in the United States and internationally. It operates in three segments: Electrical, Power, and Industrial Technology.
Position Overview
Due to internal growth, we have a VP, Financial Planning and Analysis opportunity open!
HPS (Hubbell Power Systems) has annual sales of $2 billion and adjusted operating income of over $500M. The VP, FP&A will serve as key members of the Hubbell Finance leadership team and have responsibility for accurate, timely, transparent financial planning, forecasting and analysis for the Business Units of Hubbell Power Systems. This position will manage a team of finance professionals and work closely with the President of HPS, the VP of Operations for HUS as well as the BU VPs & General Managers, BU Controllers, and the rest of the HPS Staff.
This high-profile role will also provide strategic and tactical leadership to the financial planning and analysis activities of HPS, implement planning and budgeting in a manner designed to meet reporting requirements, provide timely, meaningful reporting of the applicable business units within HPS and help management evaluate financial resource allocation, areas of focus for improvement, and how external factors may affect the financial results of the business.
Duties and Responsibilities
- Perform as the primary finance partner to the President of HPS.
- Oversee the development of the budgets, forecasts and supporting analysis for the applicable business units with authority to submit forecasts.
- Working with the BU VPs & General Managers, BU Controllers, drive forecast accuracy and accountability.
- Identify and drive productivity initiatives including sourcing savings, automation, outsourcing, insourcing, product redesign and product transfers
- Evaluate and analyze restructuring efforts to optimize the manufacturing footprint and reduce overall fixed costs
- Develop and manage the financial reporting package. Anticipate and inform on large potential impacts to financials
- Monitor financial performance by measuring and analyzing results; initiating corrective actions; minimizing the impact of variances
- Analyze complex financial information and reports to provide accurate and timely financial recommendations for decision making purposes
- Implement business intelligence tools and dashboard reports
- Develop Executive level presentations on business results, performance analysis, financial models, forecasts, and budgets, etc.
- Assess strategic initiatives, including M&A transactions and capital allocation strategy
- Perform due diligence on specified acquisition targets and play the role of key presenter to both HUS and Hubbell executives
- Develop, implement, and maintain comprehensive FP&A processes to improve clarity and consistency
- Collaborate with other departments to advance strategic projects
- Collaborate with operational accounting on reporting requirements and best practice sharing
- Analyze and understand the key drivers of the following areas: (Operating Profit, Cash, Capex, Working Capital, ROIC) including the effects of volume, pricing, cost reductions, etc.
- Understand the impact that market forces have on the business and works with the BU Presidents and other personnel to determine appropriate strategies
- Excellent interpersonal skills to partner and collaborate across the organization
Skills and Experience
- Senior finance professional with 15+ years’ experience in a variety of finance leadership positions
- Experience with U.S. multi-national public company, ideally $1+Billion annual revenue with a global manufacturing firm
- Bachelor’s degree in Finance, Accounting or related degree, MBA preferred
- SAP and Hyperion Financial Management (HFM) experience strongly preferred
- Proven ability to lead, manage, mentor, and develop all levels of finance team
- Strong communication and influencing skills, ability to lead large scale initiatives and projects with both local and executive management; ability to collaborate and communicate with others
- Demonstrated experience interfacing regularly with professionals at all levels of the organization, from manufacturing floor to senior executive office
- Willingness and ability to adapt to the rapid business and organizational changes that accompany a high-growth environment
- An emphasis on Functional Excellence to ensure accuracy and the development of financial acumen within the FP&A function
Thank you for your interest in a new career with our company. We look forward to hearing from you! #LI-HB1 #LI-Hybrid #hybrid
Hubbell Incorporated, its subsidiaries and affiliates, is an EO Employer AA: M/F/Veteran/Disability. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, protected veteran status, sexual orientation, gender identity or any other protected class.