Senior Financial Analyst

Senior Financial Analyst page is loaded## Senior Financial Analyst remote type:
Hybrid locations:
St Louis Park, MN, UStime type:
Full time posted on:
Posted Todayjob requisition :
R21678

We’re looking for people who put their innovation to work to advance our success – and their own. Join an organization that ensures a more secure world through connecting and protecting our customers with inventive electrical solutions.nVent is seeking a diligent and analytical finance professional to support our New Product Development initiatives. This role will partner closely with cross-functional teams, including Product Management, R&D, Marketing, Supply Chain and Operations, to assess financial feasibility, optimize costs, to ensure timely implementation across different systems and drive profitable growth.
** WHAT YOU WILL EXPERIENCE IN THIS POSITION:**
* ** Financial Planning and Analysis**:
Develop financial models, forecasts, and business cases to assess the viability and profitability of new product development initiatives.
* ** Cost Analysis and Optimization**: partner with R&D, supply chain, and operations teams to analyze product costs, identify cost-saving opportunities, and improve overall profitability. Support value engineering efforts to enhance cost efficiency.
* ** Budgeting and Forecasting**: support the budgeting and forecasting process for new product investments, operational expenses and financial performance tracking to targets. Provide regular updates and projections to support resource allocation and investment planning.
* ** Cross-Functional Collaboration**: work closely with various functions to have new products set up in a timely, consistent manner across regions and systems.
* ** Pricing Strategy:
** assist Product management in establishing pricing analysis and strategies to ensure competitive positioning while maintaining profitability.
* ** Performance Tracking:
** monitor financial performance of newly launched products against projections, analyze variances and suggest improvements to improve financial outcomes.

Support ongoing product lifecycle management by assessing financial viability of product enhancements or extensions.
** YOU HAVE:
*** Bachelor’s degree in Finance, Accounting, Economics, or a related field. MBA or CFA preferred.
* 5+ years of experience in finance, FP&A, product finance or a related field, preferably in a high growth, manufacturing environment.
* Excellent communication and presentation skills with the ability to convey financial insights to both finance and non-finance collaborators.
* Experience working with cross-functional teams in a fast-paced environment.
* Strong financial modeling, analytical and forecasting skills.
* Proficiency in financial planning tools, ERP systems and Excel.
** WE HAVE:
*** 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 .
* 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
* Core values that shape our culture and drive…