TE Connectivity - Greensboro, NC

posted about 2 months ago

Full-time - Mid Level
Greensboro, NC
10,001+ employees
Computer and Electronic Product Manufacturing

About the position

At TE, you will unleash your potential working with people from diverse backgrounds and industries to create a safer, sustainable and more connected world. The role is responsible for providing financial support and performance analysis to the global/regional operations and plant management teams. This position requires an exceptional business partner to drive actions focused on achieving business goals by influencing and collaborating with colleagues. Key responsibilities include the consolidation and analysis of actual results, forecasts, and budgets, conducting monthly plant reviews, product/conversion/material productivity analysis, driving freight and inventory reductions, and supporting the review of capital investments while promoting, reinforcing, and ensuring alignment with corporate policies. Additionally, the position requires coordination with the regional/global BU supply chain team. As a key contributor to the plant strategy, you will provide financial support and risk analysis, working closely as a business partner with Operations and Product Management. You will support plant controllers in budgeting, monthly forecasting, and month-end reporting, analyze standard costs and actual production costs, and resolve issues related to cost calculations and product costs over time. Your role will also involve driving financial performance improvements across all operational areas, including material spend, labor, and overhead. You will perform analysis and monitor inventory discrepancies reported in cycle counts and material usage variances in general. Furthermore, you will oversee the costs of product families during their lifecycle, including savings and margin erosion factors, and review cost center rates and material burden calculations. Collaboration with the PM Finance team on margin analysis will be essential, as you will specify and compare factors affecting prices and profitability. You will support the plant in reviewing capital investments and savings projects, monitor monthly financial performance, and prepare journal entries among other month-end activities. Your responsibilities will also include reviewing and approving savings projects and monitoring their achievement, conducting floor audits to identify opportunities in footprint optimization, and managing company assets. Additionally, you will engage in ad-hoc projects and analysis for Operations and Product management teams, participate in the annual inventory of raw materials, and train rotational employees and practitioners.

Responsibilities

  • Provide financial support and risk analysis as a key contributor to the plant strategy.
  • Work as a business partner with Operations and Product Management.
  • Support plant controllers in budgeting, monthly forecasting, and month-end reporting.
  • Analyze standard costs and actual production costs and resolve issues.
  • Drive financial performance improvements across all operational areas including material spend, labor, and overhead.
  • Perform analysis and monitor inventory discrepancies reported in cycle counts and material usage variances.
  • Oversee costs of product families during their lifecycle, including savings and margin erosion factors.
  • Review cost center rates and material burden calculations, and conduct annual budget reviews by cost center.
  • Collaborate closely with the PM Finance team on margin analysis.
  • Support the plant in reviewing capital investments and savings projects, and monitor monthly financial performance.
  • Prepare journal entries and engage in other month-end activities.
  • Review and approve savings projects and monitor achievement.
  • Conduct floor audits to identify opportunities in footprint optimization and control of company assets.
  • Engage in ad-hoc projects and analysis for Operations and Product management teams.

Requirements

  • Experience working in a manufacturing environment.
  • Fluency in English required.
  • Prior finance experience in general accounting principles and processes.
  • Good understanding of financial analysis, financial modeling, forecasting, reporting, and manufacturing costing.
  • University Degree in Finance, Accounting, or Economics.
  • Minimum 5+ years of finance experience in a manufacturing environment.
  • Understanding of standard costing, variance analysis, cost accounting, cost analysis, and reporting matters.
  • Understanding of financial drivers and their impact within a manufacturing environment.
  • Understanding of manufacturing, procurement, and other supply chain matters.
  • Familiarity with SAP, Excel, and data manipulation.

Nice-to-haves

  • Teamwork and proactivity.
  • Integrity, with an ability to handle confidential information.
  • Problem analysis and resolution.

Benefits

  • A comprehensive benefits package including health insurance.
  • 401(k) retirement plan.
  • Disability insurance.
  • Life insurance.
  • Employee stock purchase plan.
  • Paid time off and voluntary benefits.
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