Finance Manager I - Services

About this role

We’re looking for people who put their innovation to work to advance our success – and their own. Join an organization that ensures a more secure world through connecting and protecting our customers with inventive electrical solutions.

We are expanding our Service business to complement our core product portfolio, including installation, preventative maintenance, and extended warranty offerings. This role will serve as the foundational finance partner, responsible for designing and implementing the financial and commercial backbone of the business—from costing and pricing to quoting, systems, and performance management. This is a high-impact, build-from-scratch role with direct visibility to senior leadership and meaningful influence on long-term growth and profitability.  

WHAT YOU WILL EXPERIENCE IN THIS POSITION:  

Build the Financial Model for Services: Refine the economic model across installation, maintenance, and warranty offerings. Develop rationales , revenue models, and scaling scenarios. Establish assumptions for attachment rates, service mix, and labor models (internal vs. contracted) .  

Design Costing & Profitability Frameworks: Develop bottom-up cost models including internal labor and third-party vendor structures, travel, complexity, and site-specific costs, warranty reserves and lifecycle service costs. Establish standard costing, margin targets, and profitability guardrails .  

Contribute to the Pricing Strategy: Develop and implement service pricing models, including cost-plus and value-based approaches, multi-year service and warranty bundles, regional pricing structures and adders. Partner with Sales to ensure pricing balances price positioning and profitability.  

Enable Systems & Processes (Quote-to-Cash) : . P artner with IT and Sales Ops to implement service capabilities across CPQ, ERP, and Salesforce, define scalable processes and offerings, and support early deal structuring to drive consistency and margin integrity.  

Drive Operating Rhythm & Performance Management: Establish dashboards and KPIs, including pipeline , bookings, revenue, and margin, Service attachment rates and penetration, Warranty performance vs. assumptions. Provide insights to continuously improve pricing, win rates, and profitability .  

Budgeting and forecasting: Lead the budgeting and forecasting process for the Service business, operational expenses and financial performance tracking vs. plan . Provide regular updates and projections to support resource prioritization and investment planning.  

YOU HAVE:   • Bachelor’s degree in Finance , Accounting, Economics, or a related field. (MBA or CFA preferred).

• 8+ years of experience in commercial finance, pricing, or business partnering roles. Strong experience in: c ost modeling and profitability analysis, p ricing strategy and developing rationale for initiatives .  

• Experience with service, aftermarket, or labor-driven business models preferred. Strong experience with CPQ, ERP, and Salesforce systems is a plus.  

• Strong financial modeling, analytical and forecasting skills. Proficiency in financial planning tools, ERP systems and Excel.  

• Excellent communication and presentation skills with the ability to convey financial insights to both finance and non-finance collaborators.  

WE HAVE: • A dynamic global reach with diverse operations around the world that will stretch your abilities, provide plentiful career opportunities, and allow you to make an impact every day • nVent is a leading global provider of electrical connection and protection solutions. We believe our inventive electrical solutions enable safer systems and ensure a more secure world. We design, manufacture, market, install and service high performance products and solutions that connect and protect some of the world's most sensitive equipment, buildings and critical processes. We offer a comprehensive range of systems protection and electrical connections solutions across industry-leading brands that are recognized globally for quality, reliability and innovation.

• Our principal office is in London and our management office in the United States is in Minneapolis. Our robust portfolio of leading electrical product brands dates back more than 100 years and includes nVent CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF and TRACHTE. Learn more at www.nvent.com .

• Commitment to strengthen communities where our employees live and work • We encourage and support the philanthropic activities of our employees worldwide

• Through our nVent in Action matching program, we provide funds to nonprofit and educational organizations where our employees volunteer or donate money

• Core values that shape our culture and drive us to deliver the best for our employees and our customers. We’re known for being: • Innovative & adaptable

• Dedicated to absolute integrity

• Focused on the customer first

• Respectful and team oriented

• Optimistic and energizing

• Accountable for performance

• Benefits to support the lives of our employees

Pay Transparency   nVent’s pay scale is based on the expected range of base pay for this job and the employee’s work location. Employee pay within this range will be based on a combination of factors including knowledge, skills, abilities, experience, education, and performance. Where federal, state, or local minimum wage requirements exist, employee pay will comply.   Compensation Range: $89,300.00 - $165,800.00 Depending on the position offered, employee may be eligible for other forms of compensation, such as annual incentives.

Benefit Overview

At nVent, we value our people and their health and well-being.  We provide a broad benefits package with meaningful programs for eligible full-time employees that includes: • Medical, dental, and vision plans along with flexible spending accounts, short-term and long-term disability benefits, critical illness, accident insurance and life insurance.

• A 401(k) retirement plan and an employee s

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