Business Finance Senior Analyst

Join to apply for the Business Finance Senior Analyst role at Schneider Electric The Business Finance Senior Analyst will be responsible for the Cooling manufacturing plant in India. You will act as the single point of contact and primary liaison between the manufacturing department and the finance team, providing financial analysis, reporting, and support to enable effective decision-making and financial management within manufacturing operations. You will collaborate with cross-functional teams to drive financial performance, cost control, and process improvements. What will you do? Financial analysis includes but is not limited to:Analyze financial data, including manufacturing costs, operating expenses, and revenue trends. Prepare detailed financial reports, forecasts, and budgets to aid in decision-making. Conduct variance analysis to identify discrepancies between forecast and actual performance. Collaborate with inventory control teams to ensure accurate valuation, reconciliation, and analysis of inventory levels; provide insights on inventory optimization and resolve inventory-related issues. Other reporting 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 lifecycles. Cost analysis:Collaborate with production teams to identify cost drivers, analyze cost trends, and implement strategies to optimize costs and improve profitability. Monitor and collect manufacturing costs such as labor and inventory and identify cost-saving opportunities without compromising quality or efficiency. Budgeting and forecasting:Create and compute accurate financial forecasts based on historical data and production requirements. Monitor budgets for manufacturing projects, departments, and overall operations. Collaborate with the plant finance team to develop and manage manufacturing budgets, forecasts, and financial plans. Data analysis:Extract information from large datasets and translate it into meaningful insights to support decision making. Utilize advanced 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/solutions such as Power Automate, Blue Prism, UiPath, and similar tools. Stakeholder & cross-functional collaborations:Present financial reports (Monthly and Quarterly Business Reviews MBR & QBR) and analyses to management in understandable terms. Collaborate with plant finance partners, production, supply chain, and other departments to gather relevant financial information and align financial objectives with business goals; provide financial guidance on manufacturing projects and initiatives. Other adhoc activities:Prepare one-time financial reports and analyses. Participate in 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 professional certification (e.g., CPA, CMA) may be preferred. Proven experience in financial analysis, budgeting, and cost control, preferably in a manufacturing or production environment. Strong analytical skills with the ability to interpret financial data and provide actionable insights. Experience in finance, accounting, or a related role within a manufacturing environment; knowledge of manufacturing processes and terminology. Proficiency in financial modeling, forecasting, and variance analysis; strong communication and interpersonal skills for cross-functional collaboration. Proficiency in financial analysis tools such as Oracle, Hyperion Financial Management (HFM), SAP S/4HANA (Digital Finance Layer), and other data visualization or automation tools. Advanced skills in MS Excel, Power Query and data analysis. Strong analytical, problem-solving, and communication skills for presenting financial insights to stakeholders. Understanding of cost accounting principles and techniques. Attention to detail and the ability to work independently as well as in a team. Core areas: Financial analysis; Budgeting and forecasting; Cost control and reduction; Inventory management; Data analysis and interpretation; Communication and collaboration; Problem-solving and critical thinking. What’s in it for me? Global family leave Comprehensive medical coverage for employee and dependents Worldwide Employee Stock Ownership On-site gym …and more Who will you report to? Business Finance Manager Let us learn about you Apply today. You must submit an online application to be considered for any position with us. This position will be posted until filled. Additional context 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. Schneider Electric is an Equal Opportunity Employer. It is our policy to provide equal employment and advancement opportunities regardless of race, religion, color, gender, disability, national origin, ancestry, age, military status, sexual orientation, marital status, or any other legally protected characteristic. #J-18808-Ljbffr