Group Finance Manager

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Ingrid Klara Østli
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Group Finance Manager søkes til internasjonalt produksjonsselskap

Do you want to be a strategic business partner in a global company where you will have the chance to impact and help improve profitability and efficiency?

Noratel is a global manufacturer of power magnetics. Our vision is to become the leading strategic partner of high-class solutions for electrical transformation worldwide by delivering outstanding quality, service, competitiveness, and innovation that will help our customers succeed in their markets. Our success will encompass the well-being of our existing and future employees and minimization of our carbon footprint.

The role:

Noratel is seeking a Group Finance Manager to work closely with the CFO as a strategic business partner to business leaders across the Group. You will be responsible for providing financial insight into the commercial and operational activities on a group-level, and support business leaders to make recommendations on how to drive profitable growth and efficiency. This is a great opportunity to play a significant part in Noratel's growth and success.

The Group Finance Manager will be reporting directly to the Group CFO, and be part of the Group Finance Leadership Team located at Lierstranda, Norway.

Key responsibilities:

  • Collaborate with the CFO as a strategic business partner, monitoring financial performance and providing insightful analysis and recommendations
  • Take ownership of working capital optimization and improvement projects, monitoring progress across the Group
  • Develop and maintain KPIs and financial measures to track performance and recommend improvements (gross margin performance, tracking financial impact of sales and cost price variations, sales price increases, and labor utilization/efficiency in manufacturing)
  • Support the Group Finance Controller in the monthly Group Reporting and forecast process
  • Participate in financial planning and budgeting processes, including forecasting
  • Prepare high-quality presentations and reports for senior leadership, conveying financial insights and recommendations in a clear and concise manner
  • Promote compliance with internal controls, policies, and procedures, ensuring adherence to best practices and minimizing financial risk
  • Foster a culture of continuous development within the Noratel Finance community, providing training and guidance


  • Bachelor's degree in Finance or Accounting, with a master’s degree considered a plus
  • Solid experience in finance and accounting, with a good understanding of financial reporting, budgeting, balance sheet, and cash flow management
  • Strong analytical skills, with experience working with consolidation and BI tools and a high degree of proficiency with Excel and PowerPoint
  • Experience from production/ industry is considered a plus
  • Professional fluency in English and Norwegian, both verbal and written, is required


Who are you?

You are a highly motivated individual with excellent communication and collaboration abilities, coupled with outstanding problem-solving skills. You possess a keen interest in fostering relationships, both within and outside your organization. Additionally, you have a talent for efficiently managing and prioritizing your workload, handling multiple tasks simultaneously, and paying close attention to critical details. You like utilizing technology to gain a deeper understanding of complex issues and delivering insightful solutions to stakeholders


What do we offer?

We prioritize our team members' well-being by providing flexible work hours, as well as a comprehensive pension and insurance plan. Moreover, we offer ample opportunities for professional growth and development within a secure, ethical, and stable work environment. At Noratel, we are dedicated to promoting sustainable growth, both for and by our employees.

For further information, please contact Ingrid Østli at 980 36 214/, or Joachim Claeson at 400 21 542 /

Om arbeidsgiver

Noratel was established in 1925 and is servicing the industry worldwide, evolving to meet the ever changing demands of our customers. Today we are a leading global provider, proud to offer the most comprehensive range of transformers, reactors, and power supplies. Besides a comprehensive standard range product portfolio, the majority of Noratel production is dedicated to custom design and manufacturing to meet the requirements of OEM customers. Noratel employs 3000 people across 13 countries in Europe, Asia, and North America. Corporate headquarters are based in Hokksund, Norway.