Share this Job

Director Finance - Columbia, South Carolina

Date: May 14, 2019

Location: Columbia, SC, US, 29210

Company: Hubbell Incorporated

Corporate Overview
Hubbell Incorporated was founded in 1888 and has grown into an international manufacturer of quality electrical, lighting and power solutions with more than 75 brands used and recognized around the world. Our founder, Harvey Hubbell, developed tooling and equipment to serve the growing demand for new assembly and manufacturing machinery during the industrial revolution. An early, and one of many patents awarded, came for the creation of the first practical method to control electricity through the pull chain socket that remains unchanged today. As a market leader in reliable, electrical solutions, we provide more than half a million products delivered through our various business groups. Hubbell is committed to continually innovating solutions that work, transforming old products with new ideas, and ensuring that we Energize, Enlighten and Empower the communities that support us.
 
Division Overview
Hubbell Power Systems (HPS) engages in the design and manufacture of a wide variety of products used by utilities. Today, HPS is deeply engaged in product solutions for OSP Communication utility purposes, and has been actively growing that segment of the business. HPS roots have historically been in high voltage transmission, distribution, substation, underground products used by electric utilities. HPS products are also used in the civil construction, transportation, gas and water industries.

At HPS, we build products that provide mission critical infrastructure and that deliver communications and power to millions of people worldwide. In our business, failure is not an option. Therefore, we manufacture products of uncompromising integrity and it starts with our quality policy. We hold our partners, our suppliers and ourselves to the highest standard to ensure we exceed all the technical and functional expectations of our customers.

Hubbell Incorporated engages in the design, manufacture, and sale of electrical and electronic products in the United States and internationally. It operates in three segments: Electrical, Power, and Industrial Technology.

Brand Overview

Hubbell Incorporated is an international manufacturer of quality electrical and electronic products for a broad range of non-residential and residential construction, industrial and utility applications. With 2018 revenues of $4.5 billion, Hubbell Incorporated operates manufacturing facilities in the United States, Canada, Switzerland, Puerto Rico, Mexico, the People's Republic of China ("China"), the United Kingdom, Brazil and Australia Spain & Ireland. Hubbell also participates in joint ventures in Taiwan, Hong Kong and the Philippines, and maintains sales offices in Singapore, Italy, China, India, Mexico, South Korea, Chile, and countries in the Middle East. The corporate headquarters are located in Shelton, CT.

Business Group Overview:

Hubbell Power Systems consists of operations for the design, manufacture and sale of transmission and distribution components primarily for the electrical utilities industry.  The water utility, telecommunications utility, civil construction and transportation industries are also served.  

Products are sold directly to utilities and through distributors as well as to contractors and construction and engineering firms.  The 2018 Acquisition of Aclara expanded the Power portfolio to include endpoint metering devices and sensors, advanced metering infrastructure communications and software and installation services sold to electrical, water and gas utilities. 

Posting Address

Hubbell Incorporated

200 Center Point Circle

Columbia, SC 29210

 

*KH

Position Overview

HPS has two Division Vice Presidents that oversee the 9 business units outside of the Aclara businesses.  There will be two Division Director FP&A position with each aligned with one of the DVPs supporting the activities of the applicable business units.  Based in Columbia, SC and reporting directly to the Vice President, Finance Hubbell Power Systems, the Division Directors of FP&A will serve as key members of the Hubbell Finance leadership team and have responsibility for accurate, timely, transparent financial planning, forecasting and analysis for the Business Units of Hubbell Power Systems.   These positions will work closely with the Divisional Vice Presidents and VP of Operations of HPS as well as the BU VPs & General Managers, BU Controllers and the rest of the HPS Staff.  

This high-profile role will also provide strategic and tactical leadership to the financial planning and analysis activities of HPS, implement planning and budgeting in a manner designed to meet reporting requirements, provide timely, meaningful reporting of the applicable business units within HPS and help Management evaluate financial resource allocation, areas of focus for improvement, and how external factors may affect the financial results of the business. 

Duties and Responsibilities

· Oversee the development of the budgets, forecasts and supporting analysis for the applicable business units.

· Working with the BU VPs & General Managers, BU Controllers, drive forecast accuracy and accountability.  

· Identify and drive productivity initiatives including sourcing savings, automation, outsourcing, insourcing, product redesign and product transfers

· Evaluate and analyze restructuring efforts to optimize the manufacturing footprint and reduce overall fixed costs  

· Develop and manage the financial reporting package. Anticipate and inform on large potential impacts to financials

· Monitor financial performance by measuring and analyzing results; initiating corrective actions; minimizing the impact of variances

· Analyze complex financial information and reports to provide accurate and timely financial recommendations for decision making purposes

· Implement business intelligence tools and dashboard reports

· Assist in development of Executive level presentations on business results, performance analysis, financial models, forecasts and budgets, etc.

· Assess strategic initiatives, including M&A transactions and capital allocation strategy

· Perform due diligence on specified acquisition targets

· Develop, implement and maintain comprehensive FP&A processes to improve clarity and consistency

· Collaborate with other departments to advance strategic projects 

· Collaborate with operational accounting on reporting requirements and best practice sharing

· Analyze and understand the key drivers of the following areas; (Operating Profit, Cash, Capex, Working Capital, ROIC) including the effects of volume, pricing, cost reductions, etc.

· Understand the impact that market forces have on the business and works with the BU Presidents and other personnel to determine appropriate strategies 

· Excellent interpersonal skills to partner and collaborate across the organization

· Ability to travel 30%+ initially which will taper off to approximately 25%

Skills and Experience

· Senior finance professional with 15+ years experience in a variety of finance leadership positions

· Experience with U.S. multi-national public company, ideally $1+Billion annual revenue with a global manufacturing firm

· Bachelors degree in Finance, Accounting or related degree, MBA preferred

· SAP and Hyperion Financial Management (HFM) experience strongly preferred

· Proven ability to lead, manage, mentor and develop all levels of finance team

· Strong communication and influencing skills, ability to lead large scale initiatives and projects with both local and executive management; ability to collaborate and communicate with others

· Demonstrated experience interfacing regularly with professionals at all levels of the organization, from manufacturing floor to senior executive office

· Willingness and ability to adapt to the rapid business and organizational changes that accompany a high-growth environment

· An emphasis on Functional Excellence to ensure accuracy and the development of financial acumen within the FP&A function

Education

Bachelors Degree in Finance or Accounting

Masters Degree in Business

 

Hubbell Incorporated, its subsidiaries and affiliates, is an EO Employer AA: M/F/Veteran/Disability. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, protected veteran status, sexual orientation, gender identity or any other protected class.


Nearest Major Market: Columbia
Nearest Secondary Market: South Carolina

Job Segment: Telecom, Telecommunications, ERP, SAP, Business Intelligence, Technology