Product Development Finance Analyst

Job Purpose

The Product Development Finance Analyst will be involved in the Precision & Electric PD organization control activities, working together mainly with all P&E PD functions, Precision Tech Product Management, Engineering, Manufacturing, Purchasing, and Product Portfolio teams monitoring the new product initiatives target promised.

Key Responsibilities

• Assumptions of the business cases data collection: revenues, volumes expected, capital investments, product contents, quality, logistic costs, pricing, AMS impact
• Financial analysis of new product programs finalization consistently with the Strategic Business Plan assumptions
• Develop, monitor and report the financial impacts of product programs (budget preparation, ROI analysis, cash flow) presenting the financial evaluation results
• Tracking the financial results during the life of the program (program review) supporting the Platform in maintaining the target committed
• Ensures the mutual commitment and validation of the program financial targets with relevant Finance counterparts
• Control & approve the release of funds corresponding with the spending requests New Product cost tracking and deviation analysis
• Technical cost reduction and design changes impact on current product cost
• Capital appropriation request tracking in relation to the expected results
• Coordinate annual budget/forecast investment spending plans, analyzing trends and variances
• Support the allocation of R&D/Capex spending to the proper Project (WT) and the analysis of BDG/Fore/SBP planning activities
• Support the Software capitalization/depreciation process in coordination with finance accounting team and input from business department
• May include some general ledger maintenance, asset accounting, check, draft and analyze financial information and prepare financial reports and accounting statements, regulatory reports and filings, relationships with external consultants and advisors (e.g., accounting firms)
• Develop and enhance reporting tools, including Power BI dashboards mainly used to track FTE and Working Hours allocation by Project (WT)

Experience Required

• Bachelor's degree in Finance or Engineering
• 2-3+ years of experience

Preferred Qualifications

• Technical Skills: Financial modeling, investment analysis, advanced Excel, ERP (SAP/Oracle), Power BI development (DAX, data modeling, dashboards)
• Effectiveness of R&D spending control and link with related business deliverables

Pay Transparency

The annual salary for this role is USD $74,625.00 - $114,425.00 plus any applicable bonus (Actual salaries will vary and will be based on various factors, such as skill, experience and qualification for the role.)

What We Offer

• Flexible work arrangements
• Savings & Retirement benefits
• Tuition reimbursement
• Parental leave
• Adoption assistance
• Fertility & Family building support
• Employee Assistance Programs
• Charitable contribution matching and Volunteer Time Off

Benefits

For roles open across multiple locations, the salary range indicated refers to the primary location. If a different location is considered, the applicable salary range will be communicated to candidates prior to the first interview.

Equal Opportunity Employer

We are committed to delivering value for all our employees and fostering a culture of respect. At CNH, we understand that the best solutions come from the diverse experiences and skills of our people. Here, you will be empowered to grow your career, to follow your passion, and help build a better future.