Financial Planning & Analysis Director

Westinghouse Electric Corporation is seeking a Financial Planning and Analysis Director who will play a critical role in strategic financial planning, budgeting, forecasting, and operational performance analysis within a multi-company environment including: manufacturing, audio-equipment, distribution, licensing & branding environment.

This position is responsible for maintaining and enhancing financial models (P&L, balance sheet, and cash flow), driving budgeting processes, analyzing cost and inventory performance, and providing actionable insights to leadership. The role partners cross-functionally to support capital allocation decisions, product costing, pricing analysis, and overall financial performance improvement, while also contributing to Board-level reporting and presentations.

Duties/Responsibilities

Strategic Planning & Financial Modeling

• Maintain and enhance long-term strategic planning models, including P&L, balance sheet, and cash flow projections.
• Develop and maintain advanced financial models to support business decision-making.
• Provide recommendations to management on long-term strategic initiatives.
• Support capital allocation decisions with financial analysis.
• Play a significant role in preparing Board of Directors presentation materials.

Budgeting & Forecasting

• Lead annual budgeting process including development, consolidation, review, and presentation.
• Drive ongoing forecasting processes across the organization.
• Develop product-level forecasts and budgets.
• Maintain rolling 12-month cash flow forecasts.
• Analyze actual results versus budget and strategic plan targets.
• Conduct detailed variance analysis and identify root causes of financial performance gaps.
• Analyze operational cost and schedule variances, including financial impact and recovery plans.
• Provide insights into COGS, gross margin analytics, and inventory transactions.
• Perform product pricing and cost inflation analysis (materials, labor, overhead).
• Investigate material costing, purchase orders, receiving, consumption, and cost allocations.
• Compile SG&A labor and non-labor performance reporting.

Reporting & KPI Development

• Develop weekly and monthly reporting packages (forecast vs. actual, KPIs, metrics).
• Prepare monthly managerial reporting for functional leaders in Excel and PowerPoint.
• Analyze profitability drivers and improve KPI development and reporting.
• Maintain high data integrity and reporting quality.

Process Improvement

• Identify and implement opportunities to streamline financial and operational processes.
• Improve reporting tools, financial models, and internal systems.
• Complete ad hoc analyses and special projects as needed.

Required Skills/Abilities

• Advanced financial modeling (P&L, balance sheet, cash flow).
• Strong budgeting and forecasting expertise.
• Deep knowledge of product costing, inventory management, and variance analysis.
• Ability to analyze profitability levers and cost drivers.
• Expertise in COGS and gross margin analytics.
• Expert-level Microsoft Excel skills (advanced modeling required).
• Strong PowerPoint presentation skills for executive-level reporting.
• Experience with ERP systems and financial reporting tools.
• Exceptional analytical and problem-solving abilities.
• High attention to detail and data integrity.
• Strong organizational and time management skills.
• Ability to manage multiple priorities and tight deadlines.
• Strong communication and presentation skills.
• Ability to work independently and take initiative.
• Discretion in handling confidential information.

Education and Experience

• Bachelor’s degree in Finance, Accounting, or related field.
• 5+ years of relevant experience in Financial Accounting or Financial Planning & Analysis (FP&A).
• Experience within a manufacturing environment required.

Physical Requirements

• Prolonged periods of sitting at a desk and working on a computer.
• Must be able to lift up to 25 pounds at times.

Compensation Package

• Multiple medical plans including HSA availability with company contributions.
• Company paid disability & life insurance coverage.
• Generous 401k matching.
• Competitive pay.
• Casual atmosphere/dog-friendly environment.

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