Product Development Finance Analyst

Product Development Finance Analyst

Innovation. Sustainability. Productivity. This is how we are Breaking New Ground in our mission to sustainably advance the noble work of farmers and builders everywhere. With a growing global population and increased demands on resources, our products are instrumental to feeding and sheltering the world. From developing products that run on alternative power to productivity-enhancing precision tech, we are delivering solutions that benefit people – and they are possible thanks to people like you. If the opportunity to build your skills as part of a collaborative, global team excites you, you're in the right place. Grow a Career. Build a Future! Be part of this company at the forefront of agriculture and construction, that passionately innovates to drive customer efficiency and success. And we know innovation can't happen without collaboration. So, everything we do at CNH Industrial is about reaching new heights as one team, always delivering for the good of our customers.

Job Purpose: 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. This position will be located in Sioux Falls, SD and is eligible for our hybrid work environment working three (3) days onsite and two (2) days remote/home office.

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: Bachelors degree in Finance or Engineering 6+ years of experience 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 $84,375.00 - $123,750.00 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: We offer dynamic career opportunities across an international landscape. As an 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. To support our employees, we offer regional comprehensive benefits, including: 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