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Product Development Finance Manager

Salary
$120.2K–$184.3K
Hiring from
United States
Work type
Hybrid
Posted

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Job Description
Product Development Finance Manager
Requisition ID: 6395
Job Location: Oak Brook - Illinois - United States, Racine - Wisconsin - United States, Sioux Falls - South Dakota - United States
Category for Job Posting: Finance
Job Type for Job Posting: Full Time
Working Mode for Job Posting: Hybrid

About Us

At CNH, we're driven by a clear purpose: we serve and advance the people who feed and build a growing world.

As a global leader in agriculture and construction, we create the equipment, technology, and solutions that help our customers work more productively and sustainably. Our success starts with our people, and we foster a collaborative culture where innovation thrives and every employee has the opportunity to grow.

Grow a Career. Build a Future.

If you're ready to make an impact and build a career with purpose, there's a place for you at CNH.

Job Purpose

The Product Development Finance Manager is a business partner to the Precision & Electronics organization, working alongside all P&E Product Development functions, Precision Tech Product Management, Engineering, Manufacturing, Purchasing, and Product Portfolio teams. The role drives new product initiatives and deliverables to ensure strategic alignment and execution and is accountable for program integrity and the overall efficiency of research and development spending.

This position will ideally be located in Sioux Falls, South Dakota, and is eligible for a hybrid work environment with three days onsite and two days remote or from a home office.

Key Responsibilities

  • Manage and drive the annual budget and strategic spend outlook for the Precision & Electronics organization as it relates to overall portfolio prioritization.
  • Oversee financial analysis of new product program contributions and ensure alignment with strategic business plan assumptions.
  • Own and drive clarity on business case assumptions, including revenues, expected volumes, capital investment, product content, quality, logistics costs, pricing, and aftersales.
  • Develop, monitor, and report the financial impacts of product programs, including ROI analysis and cash flow, while providing business guidance on the overall opportunity.
  • Ensure program KPIs are met throughout the program life cycle and profitability targets are achieved upon launch.
  • Control and approve the release of funds corresponding with spending requests, new product cost tracking, and deviation analysis.
  • Assess the impact of technical cost reductions and design changes on current product costs.
  • Track capital appropriation requests in relation to expected results.
  • Coordinate annual budget and forecast investment spending plans, analyzing trends and variances.
  • Support the allocation of R&D and capital expenditures to the proper project or work task, and analyze Budget, Forecast, and Strategic Business Plan planning activities.
  • Oversee and approve the software capitalization and depreciation process in coordination with the Finance Accounting team and input from the business department.

Experience Required

  • Bachelor’s degree in Finance or Engineering.
  • 6+ years of relevant experience.
  • Technical skills in financial modeling, investment analysis, advanced Excel, ERP systems such as SAP or Oracle, and Power BI development, including DAX, data modeling, and dashboards.
  • Demonstrated effectiveness in controlling R&D spending and linking expenditures to related business deliverables.

Pay Transparency

The annual salary for this role is USD $120,225.00 - $184,345.00 plus any applicable bonus (Actual salaries will vary and will be based on various factors, such as skill, experience and qualification for the role.)

For roles open across multiple locations, the salary range indicated refers to the primary location. If a different location is considered, the applicable salary range will be communicated to candidates prior to the first interview.

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

Click here to learn more about our benefits offerings! (US only)

US applicants: CNH Industrial is an equal opportunity employer. This company considers candidates regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status. Applicants can learn more about their rights by viewing the federal "Know Your Rights" poster here. CNH Industrial participates in E-Verify and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the U.S. You can view additional information here.

Canada applicants: CNH Industrial is an equal opportunity employer. This company considers candidates regardless of race, color, religion, sex, sexual orientation, gender identity, nationality, place of origin, disability, marital status, family status, age, or any other ground prohibited by applicable provincial human rights legislation.

If you need reasonable accommodation with the application process, please contact us at narecruitingmailbox@cnh.com.

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