Financial Planning and Analysis Analyst

FP&A ANALYST II

Job Posting Title: FP&A ANALYST II  
Job ID: 146239  
Band/Level: 5-3-C 
Education Experience: Bachelors Degree (High School +4 years)  
Employment Experience: 5-7 years  

At TE, you will unleash your potential working with people from diverse backgrounds and industries to create a safer, sustainable and more connected world. 

Job Overview

Prepares financial reports; performs variance analysis, market research and financial analysis; prepares budgets; assists with close processes as well as budgeting, forecasting, and building financial models; assists with financial planning.

Job Requirements

• Analyzing benchmarks and processes to develop financial models; preparing monthly/quarterly/yearly finance forecasts; ensuring accuracy in financial results and reports.
• Preparing growth, profitability and cost projections; reporting and analyzing the organization's current financial status.
• Identifying financial risks and areas of improvement and sharing with management.
• Coaching and developing junior financial planning analysts; reviewing their work whenever needed..

Roles & Responsibilities

• Continuous direct interaction with functional owners as a business partner on all aspects of OPEX spend, including initiation of improvement initiatives
• Responsible for the cost center controlling and preparing of the cost center accounting instructions, cost saving review and tracking and participate in monthly financial close process (incl. automation of reporting).
• Responsible for the preparation of the shared OPEX forecast/budget of the Industrial group as well as for providing a global view of the industrial group on these areas by working collaboratively with the Sub-vertical structures, ensuring use of common processes and best practices
• Responsible for performing monthly and quarterly reporting and variance analysis on the OPEX spend including initiation of improvement initiatives
• Support of OPEX Planning Process by ensuring an effective and transparent approach to the monthly, quarterly and yearly planning activities including timely and accurate submissions of forecast and budget.
• Lead ad-hoc analytics, pro-actively identify business performance gaps as well as propose, implement and track gap closing measures
• Drive and ensure Compliance for the Industrial BU by maintaining and further developing financial guidelines and regulations

• Perform ad-hoc billings/bookings and margin analysis to identify trends, gaps and business insights
• Working with Finance, Sales and Procurement teams, isolate variances to standard cost relevant to individual product line(s).
• Proactively communicate potential risks & opportunities, through variance, bridges & decision support analysis

Desired Candidate

• CA/MBA /bachelor’s degree in accounting or finance required.
• 5 to 7 years' experience in budgeting, forecasting/ accounting /Commercial understanding /operations finance in international environment.
• Proficient Knowledge in Hyperion/SAP/ Think cell/ advanced Microsoft excel
• Experience in Power BI, leveraging data warehousing and structured data models to deliver meaningful business insights.
• Strong understanding of manufacturing organizations, budgeting processes, and cost accounting techniques.
• Strong oral and written communications skills and presentation skills required must be comfortable providing both detailed and executive-summary level communications.

 

 

Competencies

Values: Integrity, Accountability, Inclusion, Innovation, Teamwork

ABOUT TE CONNECTIVITY

TE Connectivity plc (NYSE: TEL) is a global industrial technology leader creating a safer, sustainable, productive, and connected future. As a trusted innovation partner, our broad range of connectivity and sensor solutions enable the distribution of power, signal and data to advance next-generation transportation, energy networks, automated factories, data centers enabling artificial intelligence, and more.

Our more than 90,000 employees, including 10,000 engineers, work alongside customers in approximately 130 countries. In a world that is racing ahead, TE ensures that EVERY CONNECTION COUNTS. Learn more at www.te.com and on LinkedIn, Facebook, WeChat, Instagram and X (formerly 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

 

IMPORTANT NOTICE REGARDING RECRUITMENT FRAUD
TE Connectivity has become aware of fraudulent recruitment activities being conducted by individuals or organizations falsely claiming to represent TE Connectivity. Please be advised that TE Connectivity never requests payment or fees from job applicants at any stage of the recruitment process. All legitimate job openings are posted exclusively on our official careers website at te.com/careers, and all email communications from our recruitment team will come only from actual email addresses ending in @te.com. If you receive any suspicious communications, we strongly advise you not to engage or provide any personal information, and to report the incident to your local authorities.

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.