Business Planner III - Commercial Department

Finance Farmington Hills, Michigan

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Description

Position at Sumitomo Electric Wiring Systems, Inc.

SEWS — Farmington Hills, Michigan Office.  Although located at SEWS – Farmington Hills Office, this is a Hybrid position, which combines both in office and off-site work.  Associates are required to work at least three days in the office each week, but also have the flexibility to work off-site.  
 
 
Basic Purpose:
 
The Business Planner is responsible for analyzing and tracking North American Business Unit financial performance, as well as leading efforts for budget preparation and profit improvement.  The Business Planner is the focal point to interface and coordinate with internal SEWS functions to consolidate data needed to prepare feasibility studies to respond to customer inquiries, including Requests for Quote.  The Business Planner also has an important role to interface with other financial planning and analysis teams, including Wire Harness and Corporate Business Planning.
 
 
Responsibilities:
 
  • Prepare monthly financial documents for US and Japan reporting, including preparing cost center analysis, profit improvement reports and financial summaries for executive meetings.
  • Prepare and analyze Profit and Loss by Program for North American OEM and report performance to executive management.
  • Prepare Program Feasibility Studies and financial presentations to obtain management for SEWS to respond to customer Requests for Quote.
  • Analyze targets and current results by Program to support Profit Improvement Activities to achieve business unit profit targets.
  • Support budget preparation and analysis financial impact related to non-Material Direct Costs, Indirect/SG&A Costs and overall BU Profit and Loss.
  • Assist NA OEM management team with resolving issues related to budgets and results, including identifying abnormalities, investigating incorrect budgets or results and supporting system updates.
  • Maintain close communication with Wire Harness Business Planning related to track financial performance and monitoring budget deadlines.
 
 
Qualifications/Requirements:
  • Bachelor’s Degree – Preferably in Business, Economics, Engineering or a related field. 
  • Experience: 5+ years progressive experience in business planning, financial planning and analysis, accounting or costing.  Specific experience related to Electrical Distribution System products, including components, wire harnesses or electrical distribution boxes, is a plus. 
  • Good financial knowledge, including experience with financial statements, financial analysis and/or budget management. 
  • Skills/Certifications: English fluency required - Excellent oral and written communication skills. 
  • Ability to interact closely with team members and internal stakeholders to complete financial analysis and feasibility studies. 
  • Proficiency in utilizing Microsoft Office. (Excel, PowerPoint, Word) 
 
About Sumitomo Electric Wiring Systems, Inc.
Sumitomo Electric Wiring Systems, Inc. (SEWS) is part of the Sumitomo family of companies, a 400 year old brand with a reputation for quality and reliability.  With the support of facilities throughout North America, SEWS has been delivering innovative solutions to automakers for over 30 years, and is a leading supplier of electrical distribution systems, components and electronics.  SEWS is committed to technical development worldwide and with a global network of resources, is able to deliver a truly competitive advantage to each of our customers.  Our associates are what drive Sumitomo’s continued growth, which is why we proudly offer a competitive salary and comprehensive benefits package, including Medical, Dental, Vision, Disability, Life, 401(k) with match, tuition benefits, paid holidays and vacation. 
 
To learn more about us, please visit www.sewsus.com.  

About the Sumitomo Electric Group
Since the founding of Sumitomo Electric Industries, Ltd. in 1897 with copper wire production, we have developed many new technologies and products through innovative R&D activities based on Sumitomo Electric manufacturing technologies for electric wires and power cables.  With more than 350 subsidiaries worldwide, we continue to introduce a wide variety of products that fulfill the expectations of society, in five business fields: Automotive, Information & Communications, Electronics, Environment & Energy, and Industrial Materials.  We are a Fortune global 500 company.   
 
To learn more about Sumitomo Electric Group, please visit http://global-sei.com.  

**Interested Candidates Should Submit Cover Letter and Salary History When Applying.**   An Equal Opportunity Employer M/F/D/V  
 

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