Location: Mequon – Wisconsin
Location: Milwaukee – Wisconsin
Job Description
Position Summary
The Finance Manager for Low Voltage Drives (“Drives”) is a critical business partner who helps shape decisions and provides essential financial guidance to ensure continued profitable growth. The position leads the financial planning processes for Drives, interprets financial performance to provide actionable insights, and helps optimize investment allocation to drive profitable share gains for Drives. The position works closely with the Global Analysis & Insights team and collaboratively across FP&A to support ongoing transformation within Finance. The position reports to the Director of Finance for the Intelligent Drives segment.
Specific responsibilities include:
Drives Business Partner -The role serves as a primary business partner to Drives leadership. This includes helping the Drives Business Director make investment allocation decisions, set financial targets, control spending, and support cross-functional process improvement efforts. The role also supports the various marketing leads of the sub-business units within Drives and the Program Management Office (“PMO”) leadership. The position is pro-active in proposing solutions and advocating change – even when such counsel may not mirror the perspective of our business partners.
Financial Performance and Planning – The Drives Finance Manager coordinates all forecasting, planning, and reporting for the business. The role is responsible for communicating targets and ensuring AOP and forecasts are loaded accurately and timely. The position provides Drives leadership with causals and commentary on topline and spend performance leveraging standard reporting and analysis provided by GA&I and by leveraging evolving PowerBI tools. The role is expected to anticipate and follow up with business leaders on significant variances and to provide a complete picture of financial performance. It must also apply healthy skepticism to the varied planning inputs to create a balanced picture of most likely outcomes.
New Product Development – The role supports new product development for the Drives and Medium Voltage Drives (“MVB”) businesses. This entails working closely with the PMO to track, forecast and explain project spending levels as well as providing training to project managers on financial tools and project accounting. It also requires ensuring engineering resources and related costs are accurately captured and anticipating potential over or underspending. Crucial to this role is advocating and implementing process improvements which balance the need for visibility to where we’re spending our engineering dollars with practicality of administration. The role must ensure that senior leadership of the business and segment have a clear and current picture of the cost, profitability, timing, and scope of the “needle moving” new product initiatives.
ITD Finance Segment Collaboration – The Drives Finance Manager is part of larger team that supports the segment and the company. This means working together to define and implement consistent best practices across the ITD businesses. It requires adoption of common planning and reporting tools to ensure efficiency and clarity at the segment level. Like others on the ITD Finance team, the role will help lead efforts to resolve issues that cut across the segment.
Finance Transformation and GA&I Partnership – Like all finance roles in the segment, the Drives Finance Manager partners closely with the GA&I team and relies on their input and insight to measure and project financial performance. Critical to the role is balancing advocacy for unique business needs with the standardization and simplification of tools and processes with Finance Transformation. Practically, that means negotiating “best fit” solutions that meet critical needs and free up capacity–and then selling and implementing those solutions for our business partners.
Ad Hoc Support – Various inquiries, analyses, investigations, processing, and reporting comprise a significant portion of the role. This includes financial analysis of prospective acquisitions. Supplier negotiations, analysis of last-time buys of key parts, supply chain challenges, productivity project identification and measurement, inventory analysis, and answering various “how do I….?” questions from the business are also examples of ad hoc support needs of the role.
Financial Controls:
While a key business partner and resource, the Finance Manager for Drives has a functional and fiduciary responsibility to ensure the material accuracy of Drives financial reporting and the proper administration of related internal controls. The role is relied upon to ensure transactions comply with GAAP and Rockwell financial policies and procedures and to identify and resolve any control weaknesses.
Ideal candidates will have proven business partnering skills, be process-focused, drive accountability, and have demonstrated aptitude with Rockwell’s financial systems and tools and are comfortable navigating its matrixed organization. They are motivated self-starters who are looking for growth and leadership opportunities with a proven ability to learn and contribute.
Basic Qualifications
Preferred Qualifications
This position is part of a job family. Experience will be the determining factor for position level and compensation.
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We are an Equal Opportunity Employer including disability and veterans.
If you are an individual with a disability and you need assistance or a reasonable accommodation during the application process, please contact our services team at +1 (see application details).
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