Live opening · Posted 16 hours ago
At a glance
The key details from the original listing.
About the role
Description supplied by the original job listing.
At IEM, we’re not just building innovative electrical distribution systems, we’re shaping the future. IEM is dedicated to delivering world-class solutions for complex power needs. After 75 years, we continue to push the boundaries of what’s possible. Whether you’re an experienced professional or just starting out, you’ll have the opportunity to contribute, grow, and make a lasting impact on industries that power the world’s most dynamic markets.
Location: US Remote
Reports To: VP Commercial Financial Planning and Analysis
Salary Range: $180,000-$205,000
Position Summary:
This role is dedicated to delivering financial support to our Field Service organization. Key responsibilities include preparing monthly profit and loss (P&L) statements, analyzing trends, identifying and explaining variances against budget or forecast, developing financial key performance indicators (KPIs), and conducting financial analyses for capital investments and new initiatives. The ideal candidate will bring a minimum of five to seven years of relevant finance experience, showcasing strong analytical skills, attention to detail, and a strategic approach. Experience in manufacturing or commissioning new equipment in the field is highly desirable.
Key Responsibilities:
Financial Planning and Analysis (FP&A):
Conduct comprehensive financial analysis, including budgeting, forecasting, variance analysis, and financial modeling primarily for the Field Service organization
Prepare and distribute monthly reporting, highlighting key trends, and provide recommendations
Leverage business insights gained in review and analysis to improve business forecasting and the accuracy of business forecasts
Collaborate with various departments to gather relevant financial data, ensure data consistency, and develop accurate forecasts and budgets
Assist in the development of long-term financial plans, including capital expenditure planning and resource allocation
Assist in budget construction for the next financial cycle
Analyze financial performance against key performance indicators (KPIs) and provide actionable recommendations for improvement
Partner with Accounting and the Field Service Department to ensure data consistency for reporting purposes
Operational Efficiency:
Monitor and analyze manufacturing costs, suggesting areas for cost reduction and efficiency improvements
Examples of othe
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