Business Finance Senior Analyst

The Business Finance Senior Analyst will be responsible for Cooling manufacturing plant in India You shall act as the single point of contact responsible for serving as the primary liaison between the manufacturing department 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 a Analyze financial data including manufacturing costs operational expenses and revenue trends b Prepare detailed financial reports forecasts and budgets to aid in decision making activities processes c Conduct variance analysis to identify discrepancies between forecast versus actual financial performance d Collaborate with inventory control teams to ensure accurate valuation reconciliation and analysis of inventory levels Provide insights on inventory optimization and assist in the resolution of inventory-related issues e 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 lives Cost analysis a Collaborate with production teams to identify cost drivers analyze cost trends and implement strategies to optimize costs and improve profitability b Monitor and collect manufacturing costs such as labor and inventory and identify cost saving opportunities without compromising product quality or operational efficiency Budgeting and Forecasting a Create and compute accurate financial forecasts based on historical data and production requirements b Monitoring of budgets for manufacturing projects department and overall operations c Collaborate with the plant finance team to develop and manage manufacturing budgets forecasts and financial plans Data analysis a Extraction of information from large datasets translating them to meaningful use to support decision making b Utilize advanced data analysis techniques and financial modeling to provide insight into business performance Process optimization and transformation a Identify inefficiencies in financial processes and implement improvements to enhance data accuracy and efficiency b Identify opportunities to streamline financial processes and enhance operational efficiency Implement best practices and standardize financial procedures across the manufacturing department c 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 a Present financial reports Monthly and Quarterly Business Reviews MBR QBR and analysis to management explaining financial implications and concepts in an understandable manner b 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 a One time financial reports and analysis b 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 What s in it for me Global family leave Comprehensive medical coverage for employee and dependents Worldwide Employee Stock Ownership Flexible work arrangement 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 Looking to make an IMPACT with your career When you are thinking about joining a new team culture matters At Schneider Electric our values and behaviors are the foundation for creating a great culture to support business success We believe that our IMPACT values - Inclusion Mastery Purpose Action Curiosity Teamwork - starts with us IMPACT is also your invitation to join Schneider Electric where you can contribute to turning sustainability ambition into actions no matter what role you play It is a call to connect your career with the ambition of achieving a more resilient efficient and sustainable world 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 Become an IMPACT Maker with Schneider Electric - apply today EUR36 billion global revenue 13 organic growth 150 000 employees in 100 countries 1 on the Global 100 World s most sustainable corporations You must submit an online application to be considered for any position with us This position will be posted until filled Schneider Electric aspires to be the most inclusive and caring company in the world by providing equitable opportunities to everyone everywhere and ensuring all employees feel uniquely valued and safe to contribute their best We mirror the diversity of the communities in which we operate and inclusion is one of our core values We believe our differences make us stronger as a company and as individuals and we are committed to championing inclusivity in everything we do At Schneider Electric we uphold the highest standards of ethics and compliance and we believe that trust is a foundational value Our Trust Charter is our Code of Conduct and demonstrates our commitment to ethics safety sustainability quality and cybersecurity underpinning every aspect of our business and our willingness to behave and respond respectfully and in good faith to all our stakeholders You can find out more about our Trust Charter here Schneider Electric is an Equal Opportunity Employer It is our policy to provide equal employment and advancement opportunities in the areas of recruiting hiring training transferring and promoting all qualified individuals regardless of race religion color gender disability national origin ancestry age military status sexual orientation marital status or any other legally protected characteristic or conduct