Finance Business Analyst, Operations Italy

Grundfos is seeking a Finance Business Analyst to support our Operations in Italy. This role is a key link between financial data and business objectives, ensuring the successful development and deployment of analytical standards and ad hoc queries relevant to our operations.

Key Responsibilities:

• Engage in plant management, product costing, project and cost controlling, performance accounting, CAPEX controlling and reporting.
• Support the Finance Business Partner (FBP) for WTE Operations, covering finance activities related to operations in Italy, Denmark and Poland.
• Conduct financial data analysis and deep dives to identify trends, patterns, deviations and improvements.
• Responsible for forecasts, budget and actuals for Operations in Italy
• Translate internal and external factors into actionable insights for consolidated financial statements and performance management systems.
• Perform root cause analysis and contribute to continuous improvement initiatives.
• Collaborate with Finance Business Partners and business stakeholders to influence decision-making and identify operational efficiencies.

Main Activities:

• Analyze production costs (raw materials, labor, and manufacturing overheads).
• Prepare and monitor the industrial budget and periodic forecasts.
• Calculate standard costs and perform variance analysis against actual results.
• Support management in pricing decisions and profitability analysis by product or business line.
• Work closely with production teams to improve efficiency and reduce waste.
• Track key performance indicators (KPIs) such as OEE, productivity, unit cost, scrap rate, and energy consumption.
• Prepare management reports and present financial insights to senior management.
• Ensure proper inventory valuation and cost accounting.
• Contribute to continuous improvement initiatives and digital transformation projects within the manufacturing area.

Qualifications & Experience

• Bachelor’s or master’s degree in finance, Accounting, Economics, or a related field.
• Proven experience in financial analysis, performance management, and cost controlling.
• Super user in Excel and PowerPoint, just as SAP experience would be an advantage.
• Strong communication skills with the ability to present complex data in a clear and actionable format.
• Ability to work independently and collaboratively in a cross-functional environment.
• Previous experience with production/operation is considered a plus.
• As a person you are curious, outgoing, proactive and take ownership of your tasks.
• English on business level is a requirement.

Work Relations:

You will work closely with Finance Business Partners of WTE and various stakeholders within Operations.

If you have questions or want to know more about the position, please contact hiring manager Jakob Skytte at or

If you have inquiries or to apply, please contact:

Gianluigi Di Sansebastiano

Recruiter – Grundfos

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