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Job Overview
The Data and Devices (DND) business unit of TE Connectivity has an opportunity for a Financial Analyst (Product Management Finance) based out of Bangalore, India. This position will report to the Director of PM Finance for DND Business Unit based in the US.
A key focus of the role is to provide support to the DND Product Management team. The team drives enhanced visibility into Product team financial performance and support decision-making for portfolio investments. The analyst will support profitable growth across the portfolio by providing detailed, accurate and timely financial reporting and analysis.
The Financial analyst is responsible for:
a) Monthly reporting of Product Line P&L’s
b) Actual vs. Forecast reporting and commentary
c) Guidance forecast and R&O (Risk & Opportunities) reporting
The team supports the Product Management (PM) team with preparation of annual budgets, Quarterly forecasts, Product deep dive, monthly Risk & Opportunities and Strategic plan. The team will drive:
a) Routine reporting and tracking,
b) Communicate underlying drivers to variances and perform other ad hoc analysis, as needed.
c) The team will interact with multiple levels in the organization across PM, Engineering, Sales and Manufacturing Operations.
Another key element of the role is to improve financial knowledge and controls within the portfolio ensuring 100% compliance with TE financial policy and increased awareness amongst non-Finance functions.
Responsibilities:
• Monthly Product line P&L reporting and maintenance of historical comparisons. Includes preparation of Quarterly Product P&L package and analysis.
• Support monthly Actual vs. Forecast reporting and commentary for Bookings, Billings and std margins by Product team.
• Drive the development, consolidation and presentation of Quarterly Guidance forecast by Product Team as well monthly Risk and Ops (R&O) updates.
• Perform ad-hoc billings/bookings and margin analysis to identify trends, gaps and business insights.
• Proactively communicate potential risks & opportunities, through variance, bridges & decision support analysis
• Maintain contacts of Product managers by Product line on ICS site.
• Responsible for re-structuring of Product team and part movements via CRA system (Corporate reorganization Application)
• Support preparation of strategic plans, budget, Product deep dive, Quarterly forecasts, QGR, MBR and other ad-hoc projects, requests and presentations
• Restatement of Product line P&L in new Exchange Rate (TBR)
• Proactively apply TEOA-F principles in order to continuously improve financial and other associated processes.
Desired Candidate Profile:
• Bachelor’s Degree in Finance, Business or Economics. MBA and/or CA a plus.
• 6 years of progressive experience in finance or accounting roles.
• Good understanding of a manufacturing P&L and business levers
• Critical thinker and strong financial, analytical and problem-solving skills
• Highly skilled with Excel, Access & PPT. SAP, Hyperion, Business Objects, Power BI, SQL or other data analytics experience a plus.
Competencies
ABOUT TE CONNECTIVITY
TE Connectivity is a global technology leader enabling a secure, sustainable, productive, and connected future. Our broad range of connectivity and sensor solutions have been proven in the most demanding environments, enabling advancements in transportation, industrial applications, medical technology, energy technology, data communications, and for the home. With more than 85,000 employees, including more than 7,500 engineers, we work with customers in nearly 140 countries. TE ensures that EVERY CONNECTION COUNTS. Learn more at www.te.com and on LinkedIn, Facebook, WeChat and Twitter.
WHAT TE CONNECTIVITY OFFERS:
We are pleased to offer you an exciting total package that can also be flexibly adapted to changing life situations - the well-being of our employees is our top priority!
• Competitive Salary Package
• Performance-Based Bonus Plans
• Health and Wellness Incentives
• Employee Stock Purchase Program
• Community Outreach Programs / Charity Events
• Employee Resource Group
Across our global sites and business units, we put together packages of benefits that are either supported by TE itself or provided by external service providers. In principle, the benefits offered can vary from site to site.
