Hubbell Rotation Program - Finance

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Date: Mar 3, 2023

Location: Shelton, CT, US, 06484-4300 Greenville, SC, US, 29607 St. Louis, MO, US, 63146

Company: Hubbell Incorporated

Corporate Overview

Hubbell is a leading electrical infrastructure company strategically aligned around grid modernization and electrification. As more electrical applications plug in to an aging grid, Hubbell solutions energize economies and electrify communities while enabling the transition to a more reliable, resilient and efficient energy infrastructure.

The company operates in two segments, Hubbell Utility Solutions (HUS) and Hubbell Electrical Solutions (HES). Hubbell Utility Solutions enable the grid to conduct, communicate and control energy across utility applications. HUS provides the critical components that allow the grid to reliably transmit and distribute energy, as well as the communications and controls technologies to make the grid smarter and more flexible. Hubbell Electrical Solutions are essential to managing power across a wide range of industries and applications. HES provides the critical components that allow operators of buildings, factories and other industrial infrastructure to connect, protect, wire and manage power reliably and efficiently.

Our history of innovation extends back to 1888 when founder and industrial pioneer Harvey Hubbell invented the pull chain light switch and duplex receptacle as well as developed tooling and equipment to serve the growing demand for new assembly and manufacturing machinery during the industrial revolution. Today, we continue the tradition of innovation and growth that Hubbell has built on more than a century ago. We are committed to operating sustainably and ethically while promoting an inclusive and supportive culture for our people to grow and develop in their careers.

With 2021 revenues of $4.2 billion, Hubbell is headquartered in Shelton, CT and has locations across the United States and around the world.

Position Overview

The Hubbell Rotation Program (HRP) is a program for new college graduates aimed toward accelerated exposure in various disciplines of Finance/Accounting. The program will span a three-year period and includes three rotations across financial disciplines and Hubbell businesses. Rotation assignments are flexible based on interests of the participant and needs of the business.

These roles offer a variety of opportunities to build financial and business acumen, including:

Driving short and long-term financial planning, forecasting and variance analysis
Implementing critical financial controls and performing key financial accounting activities
Conducting industry and peer market research and benchmarking
Communicating strategic initiatives to internal and external stakeholders
Valuation analysis and financial modeling
Driving insights on manufacturing and operational performance

This program is intended to be a pipeline for future Finance leadership at Hubbell. Participants will have the opportunity to build a strong network among peers, along with high visibility and dedicated mentorship opportunities with current Hubbell leaders.

Duties and Responsibilities

Financial Planning & Analysis

Drive and support strategic / long-term financial planning
Support forecasting activities, including the annual operating plan
Perform monthly variance analysis and support financial reporting
Prepare monthly presentations to communicate results as needed

Controllership

Support monthly/quarterly closing activities by performing journal entries, accruals, and account reconciliations
Ensure adherence to financial policies, internal controls, and generally accepted accounting principles
Work with team to drive control improvements

Investor Relations

Prepare presentations for earnings release, board meetings, company events and conferences
Monitoring financial markets and peer performance
Research and analyze industry trends and competitor activity
Support communication strategies that help build relationship with stakeholders

Accounting Services

Work with team to drive cash collections. Track payments, make banking deposits and run reports
Support team with completing payments and controlling expenses by receiving payments, plus processing, verifying and reconciling invoices

Operations Finance

Support reporting and analysis of key monthly manufacturing and cost accounting metrics
Act as a liaison between Finance and Accounting teams as well as Hubbell’s Operations teams
Drive insights from examination of trends related to manufacturing performance

Corporate Development

Support M&A activities and divestitures
Assist with financial modeling and due diligence activities
Research potential markets and acquisition targets to determine value and strategic fit

Tax

Specializes in reviewing tax liability
Maintains current knowledge of federal, state and local tax laws and codes
Assists with company tax filings, monitors compliance with tax codes and identifies opportunities for tax savings

Skills and Experience

Bachelor’s degree in Finance or Accounting preferred
Excellent written and verbal communication skills
Strong organizational, problem-solving, and analytical skills
Versatility, flexibility, and ability to manage evolving priorities
Ability to exercise independent judgment and leadership
Proficient on basic computer programs: Microsoft Excel, Word, PowerPoint, Access, Share Point
Demonstrated ability to lead projects and drive successful outcomes

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.

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