Director, FP&A

At IEM, we’re not just building innovative electrical distribution systems, we’re shaping the future. IEM is dedicated to delivering world-class solutions for complex power needs. After 75 years, we continue to push the boundaries of what’s possible. Whether you’re an experienced professional or just starting out, you’ll have the opportunity to contribute, grow, and make a lasting impact on industries that power the world’s most dynamic markets. Location: US Remote Reports To: VP Commercial Financial Planning and Analysis Salary Range: $180,000-$205,000 Position Summary: This role is dedicated to delivering financial support to our Field Service organization. Key responsibilities include preparing monthly profit and loss (P&L) statements, analyzing trends, identifying and explaining variances against budget or forecast, developing financial key performance indicators (KPIs), and conducting financial analyses for capital investments and new initiatives. The ideal candidate will bring a minimum of five to seven years of relevant finance experience, showcasing strong analytical skills, attention to detail, and a strategic approach. Experience in manufacturing or commissioning new equipment in the field is highly desirable. Key Responsibilities: Financial Planning and Analysis (FP&A): Conduct comprehensive financial analysis, including budgeting, forecasting, variance analysis, and financial modeling primarily for the Field Service organization Prepare and distribute monthly reporting , highlighting key trends, and provide recommendations Leverage business insights gained in review and analysis to improve business forecasting and the accuracy of business forecasts Collaborate with various departments to gather relevant financial data , ensure data consistency, and develop accurate forecasts and budgets Assist in the development of long-term financial plans, including capital expenditure planning and resource allocation Assist in budget construction for the next financial cycle Analyze financial performance against key performance indicators (KPIs) and provide actionable recommendations for improvement Partner with Accounting and the Field Service Department to ensure data consistency for reporting purposes Operational Efficiency: Monitor and analyze manufacturing costs, suggesting areas for cost reduction and efficiency improvements Examples of other Ad-Hoc Analysis: Perform ad-hoc financial analysis to support various business initiatives, including capital projects, new site startup costs, and pricing strategies. Collaborate with the Accounting team to create and improve departmental level reporting <s