Sr. Manager, Product Line Finance

Finance

Permanent

Job Description

Join us to create change and have an impact in homes around the world.

At Electrolux, a leading global appliance company, we strive every day to shape living for the better for our consumers, our people, and our planet. We share ideas and collaborate so that together, we can develop solutions that deliver enjoyable and sustainable living.

Come join us as you are. We believe diverse perspectives make us stronger and more innovative. In our global community of people from 100+ countries, we listen to each other, actively contribute, and grow together.

Where you’ll be:

This position will be based in the Charlotte, NC HQ; hybrid work policy model.  

All About the Role:

As the finance business partner for the heads of Product Lines, you will provide the financial acumen required to deliver on business strategies, demands, and targets. You will contribute significantly to support, develop, and implement the regional financial and business strategy. You will positively impact the Product Lines’ ability to forecast, monitor, control, and reduce expense, track, and analyze key performance indicators, and drive the Finance agenda through analytics for the product line.  In this role, you will develop the competencies and collaboration for the team through people development and coaching while working to build a critical link between the sales, marketing, product development, and product line operations groups and providing valuable analysis, reporting, and actionable insights to make recommendations to ensure delivery of financial targets and commitments. 

Key Responsibilities:

• Overall management of the product line financial statements with broader business decision making development and long-term strategy.
• Supports analysis of near-term operational decision making combined with long term product strategy.
• Analyze data, provide recommendations, and lead cross-functional decision making and implementation of the recommendations with the relevant executives/teams throughout the company.
• Analyze key performance indicators; sales, cost, contribution to fixed margin, and capital expenditures, while providing strategic insights and conclusions based on analyses of these KPI’s.
• Identify initiatives for improvement of financial outlook, including developing, tracking, and executing product development activities and assisting with performance vs. cost trade-offs throughout the product lifecycle and ongoing SKU performance.
• Manage and review the financial activities, transactions, and resources (people, processes, and systems) of the product lines while helping to drive standardization and continuous improvement.
• Effectively communicates and coordinates the exchange of financial information (plans, actual results, and outlook), the strategic plan, annual budget, forecasts, management reporting, and investment requests.
• Evaluates projects that require additional capital investments, building and reviewing business cases with the goal of improving the profitability of the product line and to help provide accurate, timely information and analysis on the current and forecasted business results, as well as return on investment based on cash flow metrics.
• Contributes to the vision and implementation of strategic long-range plans, capital investments, product launches, restructuring projects, and critical ad-hoc opportunities.
• Business Partnering (OEM) – Proactively engage in business partnering with Product Line leaders, global sourcing organization and other business managers in understanding risks & opportunities, driving transparency and providing decision-support analysis
• Cost Analysis (OEM) - Understand OEM productivity including impacts of purchase price variances, tariffs, currency, hedging, and accurately reflecting these variances in forecasts/plans.

Qualifications:

• Familiarity with BPC or AARO is preferred
• Experience on Product Management or prior P&L ownership is a plus
• Strong technical skills including experience working with SAP, BPC and Microsoft Office.
• Experience working with data manipulation tools using SQL or PowerQuery
• Ability to work independently, detail-oriented, and execution focused.
• Proven experience with dashboarding and business intelligence applications such as PowerBI, Qlik, or Tableau.
• Exceptional leadership skills.
• Confident and articulate communicator with excellent verbal and written communication skills and the ability to provide professional presentations and recommendations to senior level managers and executive leadership.

Minimum Qualifications

• Bachelor’s degree in finance, business, or