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 other Ad-Hoc Analysis:
- Perform ad-hoc financial analysis to support various business initiatives, including capital projects, new site startup costs, and pricing strategies.
- Collaborate with the Accounting team to create and improve departmental level reporting
- Partner with Business Intelligence team for data visualization and automated reporting
Qualifications:
Education: Bachelor’s degree in Finance, Accounting, Economics, or a related field
- A minimum of 10 years experience in progressively more responsible roles
- Experience working in Finance or Accounting in data heavy roles
Technical Skills:
- Proficiency in financial modeling and analysis
- An understanding of the Income Statement
- Advanced knowledge of Excel, Power Point and financial planning software (Prophix is a plus)
- Familiarity with business intelligence tools (Tableau) and ERP systems is a preferred
Analytical Skills:
- Strong analytical and problem-solving abilities with a keen attention to detail
- Ability to interpret complex financial data and translate it into actionable insights
Communication Skills:
- Excellent verbal and written communication skills, with the ability to present financial information clearly and concisely.
- Strong interpersonal skills, with the ability to collaborate effectively with cross-functional teams
Other Skills:
- Ability to travel to sites to observe commissioning activities
- Ability to manage multiple priorities and meet tight deadlines in a fast-paced environment
- High level of integrity and professionalism
Why Join IEM
At IEM, you’ll join a team that powers some of the world’s most ambitious projects. We’re engineers, makers, and problem-solvers who thrive on tackling complex challenges and delivering solutions that keep industries moving forward. If you’re driven, collaborative, and ready to make an impact, we’d love to hear from you. Your creativity and passion can help us achieve great things—come be part of the journey.
Learn more about IEM at https://www.iemfg.com
We offer comprehensive and competitive benefits package designed to support our employees' well-being, growth, and long-term success. View a snapshot of our benefits at https://www.iemfg.com/careers
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AI Use in IEM's Hiring Process
Industrial Electric Manufacturing
Electrical Equipment · Private · Fremont, USA