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Business Finance Senior Analyst (Virtual Factory)

Schneider Electric

Business Finance Senior Analyst (Virtual Factory)

Schneider Electric

Cavite, Philippines

·

On-site

·

Full-time

·

6d ago

The Role: Business Finance Senior Analyst The Business Finance Senior Analyst will be responsible for the Virtual Factories (East Asia and India territories) and Logistics.

You shall act as the single point of contact responsible for serving as the primary liaison between the manufacturing department, Logistics and the finance team.

Your role will involve providing financial analysis, reporting, and support to ensure effective decision-making and financial management within the manufacturing operations.

You will collaborate closely with cross-functional teams to drive financial performance, cost control, and process improvements.

What will you do?

Financial Analysis includes but not limited to: Conduct financial analysis onlogistics costs, transportation expenses, and related key performance indicators (KPIs).

Identify areas for improvement and cost-saving opportunities.

Prepare detailed financial reportsand presentations, forecasts, and budgets to aid in decision making activities/processes Conduct variance analysis toidentifydiscrepancies between forecast versus actual financial performance d.

Collaborate with inventory control teams to ensureaccurate valuation, reconciliation, and analysis of inventory levels.

Provide insights on inventory optimization and assist in the resolution of inventory-related issues. e.

Otherreporting and analysis such as Part weights validation, direct labor productivity, Price, volume & FX sales data, purchase productivity validation, freight and other logistic data collections and their lives Cost analysis Collaborate with production teamstoidentify cost drivers, analyze cost trends, and implement strategies to optimize costs and improve profitability Monitor and collect manufacturing costs such as labor and inventory andidentifycost saving opportunities without compromising product quality or operational efficiency.

Work closely with thelogistics team to analyze cost drivers, evaluate cost trends, and implement strategies to optimize costs and improve profitability Budgeting and Forecasting Create and computeaccuratefinancial forecasts based on historical data and production requirements Monitoring of budgets for manufacturing projects, department, and overall operations Collaborate with theplant finance teamand logistics team to develop and manage manufacturing budgets, forecasts and financial plans Freight and Carrier Management Provide financial guidance and analysis on freight rates, carrier contracts, and transportation costs.

Evaluate carrier performance and support negotiations to achieve favorable terms Data analysis Extraction of information from large datasets translating them to meaningful use to support decision making Utilizeadvanced data analysis techniques and financial modeling to provide insight into business performance Process optimization and transformation Identify inefficiencies in financial processes and implement improvements to enhance data accuracy and efficiency Identify opportunities to streamline financial processes and enhance operational efficiency.

Implement best practices and standardize financial procedures across the manufacturing department.

Streamline financial reporting and procedures and automate repetitive tasks using available software/solution such as Power Automate, Blue Prism, Ui Path and the likes Stakeholder & Cross-Functional Collaborations Present financial reports (Monthly and Quarterly Business Reviews MBR & QBR) and analysis to management explaining financial implications and concepts in an understandable manner.

Collaborating to plant finance business partners, production, supply chain and from other department to gather relevant financial information and to align financial objectives with overall business goals.

Provide financial guidance and support on manufacturing-related projects and initiatives.

Other adhoc activities One time financial reports and analysis Participation on audit and compliance activities related to manufacturing.

Who would be successful?

Bachelor's degree in Finance, Accounting, Business, or a related field. A Master's degree or relevant professional certification (e.g., CPA, CMA) may be preferred.

Proven experience in financial analysis, budgeting, and cost control, preferably within a manufacturing or production environment.

Strong analytical skills with the ability to interpret financial data and provide actionable insights.

Previous experience in finance, accounting, or a related role within a manufacturing environment is required.

Knowledge of manufacturing processes and terminology.

Proficiency in financial modeling, forecasting, and variance analysis.

Excellent communication and interpersonal skills to effectively collaborate with cross-functional teams.

Proficiency in financial analysis tools such as Oracle, Hyperion Financial Management (HFM) and SAP S/4 HANA (Digital Finance Layer), Oracle, and other data visualization or automation tools Advanced skills in MS Excel, Power Query and data analysis Strong analytical, problem-solving, and communication skills presenting financial insights to stakeholders Understanding of cost accounting principles and techniques.

Attention to detail and the ability to work independently as well as collaboratively within a team.

Key Competencies:

Financial analysis Budgeting and forecasting Cost control and reduction Inventory management Data analysis and interpretation Communication and collaboration Problem-solving and critical thinking Attention to detail Who will you report to?

Business Finance Manager Looking to make an IMPACT with your career?

When you are thinking about joining a new team, culture matters.

At Schneider Electric, our values and behaviors are the foundation for creating a great culture to support business success.

We believe that our IMPACT values – Inclusion, Mastery, Purpose, Action, Curiosity, Teamwork – starts with us. IMPACT is also your invitation to join Schneider Electric where you can contribute to turning sustainability ambition into actions, no matter what role you play.

It is a call to connect your career with the ambition of achieving a more resilient, efficient, and sustainable world.

We are looking for IMPACT Makers; exceptional people who turn sustainability ambitions into actions at the intersection of automation, electrification, and digitization.

We celebrate IMPACT Makers and believe everyone has the potential to be one.

Become an IMPACT Maker with Schneider Electric – apply today! €36 billion global revenue +13% organic growth 150 000+ employees in 100+ countries #1 on the Global 100 World’s most sustainable corporations You must submit an online application to be considered for any position with us.

This position will be posted until filled.

Schneider Electric aspires to be the most inclusive and caring company in the world, by providing equitable opportunities to everyone, everywhere, and ensuring all employees feel uniquely valued and safe to contribute their best.

We mirror the diversity of the communities in which we operate, and ‘inclusion’ is one of our core values.

We believe our differences make us stronger as a company and as individuals and we are committed to championing inclusivity in everything we do.

At Schneider Electric, we uphold the highest standards of ethics and compliance, and we believe that trust is a foundational value.

Our Trust Charter is our Code of Conduct and demonstrates our commitment to ethics, safety, sustainability, quality and cybersecurity, underpinning every aspect of our business and our willingness to behave and respond respectfully and in good faith to all our stakeholders.

You can find out more about our Trust Charter here Schneider Electric is an Equal Opportunity Employer.

It is our policy to provide equal employment and advancement opportunities in the areas of recruiting, hiring, training, transferring, and promoting all qualified individuals regardless of race, religion, color, gender, disability, national origin, ancestry, age, military status, sexual orientation, marital status, or any other legally protected characteristic or conduct.

The Role:

Business Finance Senior Analyst The Business Finance Senior Analyst will be responsible for the Virtual Factories (East Asia and India territories) and Logistics.

You shall act as the single point of contact responsible for serving as the primary liaison between the manufacturing department, Logistics and the finance team.

Your role will involve providing financial analysis, reporting, and support to ensure effective decision-making and financial management within the manufacturing operations.

You will collaborate closely with cross-functional teams to drive financial performance, cost control, and process improvements.

What will you do?

Financial Analysis includes but not limited to: Conduct financial analysis onlogistics costs, transportation expenses, and related key performance indicators (KPIs).

Identify areas for improvement and cost-saving opportunities.

Prepare detailed financial reportsand presentations, forecasts, and budgets to aid in decision making activities/processes Conduct variance analysis toidentifydiscrepancies between forecast versus actual financial performance d.

Collaborate with inventory control teams to ensureaccurate valuation, reconciliation, and analysis of inventory levels.

Provide insights on inventory optimization and assist in the resolution of inventory-related issues. e.

Otherreporting and analysis such as Part weights validation, direct labor productivity, Price, volume & FX sales data, purchase productivity validation, freight and other logistic data collections and their lives Cost analysis Collaborate with production teamstoidentify cost drivers, analyze cost trends, and implement strategies to optimize costs and improve profitability Monitor and collect manufacturing costs such as labor and inventory andidentifycost saving opportunities without compromising product quality or operational efficiency.

Work closely with thelogistics team to analyze cost drivers, evaluate cost trends, and implement strategies to optimize costs and improve profitability Budgeting and Forecasting Create and computeaccuratefinancial forecasts based on historical data and production requirements Monitoring of budgets for manufacturing projects, department, and overall operations Collaborate with theplant finance teamand logistics team to develop and manage manufacturing budgets, forecasts and financial plans Freight and Carrier Management Provide financial guidance and analysis on freight rates, carrier contracts, and transportation costs.

Evaluate carrier performance and support negotiations to achieve favorable terms Data analysis Extraction of information from large datasets translating them to meaningful use to support decision making Utilizeadvanced data analysis techniques and financial modeling to provide insight into business performance Process optimization and transformation Identify inefficiencies in financial processes and implement improvements to enhance data accuracy and efficiency Identify opportunities to streamline financial processes and enhance operational efficiency.

Implement best practices and standardize financial procedures across the manufacturing department.

Streamline financial reporting and procedures and automate repetitive tasks using available software/solution such as Power Automate, Blue Prism, Ui Path and the likes Stakeholder & Cross-Functional Collaborations Present financial reports (Monthly and Quarterly Business Reviews MBR & QBR) and analysis to management explaining financial implications and concepts in an understandable manner.

Collaborating to plant finance business partners, production, supply chain and from other department to gather relevant financial information and to align financial objectives with overall business goals.

Provide financial guidance and support on manufacturing-related projects and initiatives.

Other adhoc activities One time financial reports and analysis Participation on audit and compliance activities related to manufacturing.

Who would be successful?

Bachelor's degree in Finance, Accounting, Business, or a related field. A Master's degree or relevant professional certification (e.g., CPA, CMA) may be preferred.

Proven experience in financial analysis, budgeting, and cost control, preferably within a manufacturing or production environment.

Strong analytical skills with the ability to interpret financial data and provide actionable insights.

Previous experience in finance, accounting, or a related role within a manufacturing environment is required.

Knowledge of manufacturing processes and terminology.

Proficiency in financial modeling, forecasting, and variance analysis.

Excellent communication and interpersonal skills to effectively collaborate with cross-functional teams.

Proficiency in financial analysis tools such as Oracle, Hyperion Financial Management (HFM) and SAP S/4 HANA (Digital Finance Layer), Oracle, and other data visualization or automation tools Advanced skills in MS Excel, Power Query and data analysis Strong analytical, problem-solving, and communication skills presenting financial insights to stakeholders Understanding of cost accounting principles and techniques.

Attention to detail and the ability to work independently as well as collaboratively within a team.

Key Competencies:

Financial analysis Budgeting and forecasting Cost control and reduction Inventory management Data analysis and interpretation Communication and collaboration Problem-solving and critical thinking Attention to detail Who will you report to?

Business Finance Manager:

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About Schneider Electric

Schneider Electric

Schneider Electric SE is a French multinational corporation that specializes in energy technology, covering electrification, automation, and digitalization for industry and homes.

10,001+

Employees

Rueil-Malmaison

Headquarters

Reviews

4.0

45 reviews

Work Life Balance

3.6

Compensation

4.3

Culture

4.2

Career

4.5

Management

3.5

84%

Recommend to a Friend

Pros

Cutting-edge technology stack and interesting technical challenges

Competitive compensation packages with equity

Strong engineering culture with focus on code quality

Cons

Some legacy systems that need modernization

Work-life balance can be challenging during product launches

Fast-paced environment with tight deadlines

Salary Ranges

3 data points

Principal/L7

Senior/L5

Principal/L7 · Principal Data Scientist

0 reports

$211,000

total / year

Base

-

Stock

-

Bonus

-

$179,350

$242,650

Interview Experience

3 interviews

Difficulty

2.7

/ 5

Duration

14-28 weeks

Offer Rate

33%

Experience

Positive 33%

Neutral 67%

Negative 0%

Interview Process

1

Application Review

2

Technical/Hiring Manager Interview

3

HR Screen

4

Final Interview Round

5

Offer

Common Questions

Technical Knowledge

Behavioral/STAR

Past Experience

Culture Fit