Finance Development Program (FDP)

Job description

At TE, you will unleash your potential working with people from diverse backgrounds and industries to create a safer, sustainable and more connected world.

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Segment, Business Unit or Corporate Group
This position will be part of the GLOBAL FINANCE 

Work Location
Rotations are primarily located at TE sites in Pennsylvania and North Carolina but may be subject to change depending on business needs.

The program does require candidates to be mobile and flexible around work locations to support the needs of the business both during the rotational development program and upon conclusion of the program.

At the conclusion of the two-year program, Associates will be candidates for financial roles across the company.

Job Overview 

The TE Finance Development Rotational Program (“FDRP”) is a holistic, two-year development program that combines intensive on-the-job training, exposure to senior leadership, and knowledge sharing among participants.

The FDRP provides Associates with in-depth experiences consisting of four 6-month finance rotations within TE’s Business Units, Segments, and Corporate organizations.

The rotations include Plant Controlling/Operations Finance, Financial Planning & Decision Support (FP&DS)/Financial Planning & Analysis (FP&A) and/or Product Management Finance and Internal Audit.

You’re the kind of person we are looking for if you:
• Have a Bachelor’s degree in Finance, Accounting or a related discipline
• Have work/Internship experience in Finance between 0-2 years
• Have excellent communication and presentation skills
• Are highly motivated and proactive attitude towards work
• Have excellent analytical skills coupled with a strong attention to detail
• Display strong intellectual curiosity
• Have the capacity to work well both independently and as a team member in a multi-cultural environment
• Have the ability to deal with ambiguity
• Are mobile and flexible, should be willing to physically relocate while in program and when graduating from program

Competencies

COMPENSATION
• Competitive base salary commensurate with experience: $70,240.00 – 105,360.00 yearly (subject to change dependent on physical location)
• Posted salary ranges are made in good faith.

TE Connectivity reserves the right to adjust ranges depending on the experience/qualification of the selected candidate as well as internal and external equity.
• Total Compensation = Base Salary + Incentive(s) + Benefits
BENEFITS
• A comprehensive benefits package including health insurance, 401(k), disability, life insurance, employee stock purchase plan, paid time off and voluntary benefits.

FDRP Program Elements Include:
• ROTATIONAL ASSIGNMENTS - Specially crafted positions, projects, and managers to give Associates a challenging assignment with frequent feedback opportunities.
• FORMAL MENTORING PROGRAM - Senior leaders in the organization will be able to provide support as an advisor, teacher, role model and counselor.
• ASPIRE PROGRAM - Two-year learning journey focused on networking, leadership development, team learning, and coaching through a mix of virtual and face to face sessions.
• FUNCTIONAL TRAINING CURRICULUM - Associates will receive technical and specialized training opportunities throughout the course of the program.
• VISIBILITY EVENTS / ROTATION WEEK - Educational networking events that provide an opportunity for Associates to connect with Senior Leadership and an annual rotation week of networking events and development that provides an opportunity for rotational associates to connect with Senior Leadership and their peers.
• LEADERSHIP SPEAKER SERIES - Monthly Senior Leadership calls aimed at developing leadership skills, networking and career development discussions.

Rotation Assignments may include:
Plant Controlling & BU Operations Finance
• Prepare & present daily, weekly, and monthly reporting of plant financials
• Assist with annual budget and monthly financial and production forecast
• Complete variance analysis of budget/actuals/forecast financials
• Analyze plant and BU performance, including gross margins and manufacturing variances

Financial Planning & Decision Support/Financial Planning & Analysis (BU, Segment, & Corporate) / Product Management Finance
• Assist in the preparation of the budget and 5-year strategic plan
• Assist in the quarterly earnings release & guidance process
• Perform various business and market analysis projects to help identify risks and opportunities for the company
• Develop an understanding of product line P&L and perform work in all the different value streams supporting assigned product lines
• Support key business processes, such as Sales & Operations Planning, forecasts, and budget
• Create and maintain financial models to assist in the development of business forecasts
• Track and perform variance analysis on actual financial results compared to forecasts
• Prepare material to be presented to various members of BU and Corporate senior management

Internal Audit
• Assist in developing the scope and planning documentation for future audit engagements
• Perform walkthroughs and testing of operational areas such as manufacturing, procurement and order management
• Conduct interviews with management personnel to map processes, identify risks and perform control testing
• Prepare reports for presentation to senior management

EOE, Including Disability/Vets

Required Skill Profession

Counselors, Social Workers, And Other Community And Social Service Specialists