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Wabtec

Develops electric locomotives and digital solutions

Finance Manager

Full-TimePosted on 10/15/2026
$91.1k - $129.8k+ Annual bonus (if eligible)
Mid
Bachelor's
Charleroi, PA, USA
In Person
AccountingFinancial Accounting, Cost & Management Accounting

About the job

Requirements
  • A bachelor's degree in accounting, finance, or a related field; five or more years of related experience and/or training; or an equivalent combination of education and experience.
  • Strong knowledge of financial reporting and analysis, including U.S. GAAP; IFRS knowledge is a plus.
  • Experience with ERP and accounting systems such as Sage, SAP, Epicor, or Power BI.
  • Advanced Microsoft Excel skills, including PivotTables, XLOOKUP, and complex formulas.
  • Experience with month-end close and financial statement preparation.
  • Experience with inventory, cost accounting, and work-in-process accounting.
  • Ability to thrive in a fast-moving and sometimes ambiguous environment.
  • Ability to engage and influence cross-functionally.
  • Understanding of continuous improvement, lean manufacturing concepts, and production schedules.
  • Ability to plan and organize work and processes, self-direct multiple projects, and meet deadlines.
  • Motivation to provide excellent internal and external customer service.
  • Strong analytical, quantitative, and problem-solving skills with sound professional judgment.
Responsibilities
  • Prepare monthly journal entries and supporting schedules.
  • Prepare and reconcile intercompany transactions within group companies and with corporate headquarters to ensure proper ledger reporting.
  • Prepare general ledger account reconciliations and resolve reconciling items within 30 days of month-end closing.
  • Maintain the integrity of the general ledger and ensure compliance with accounting procedures and policies.
  • Assist with fixed asset accounting, capitalization, depreciation, and asset tracking.
  • Develop and maintain standard labor and overhead rates for inventory costing.
  • Prepare weekly business metrics, risks and opportunities reporting, and other management reporting.
  • Identify opportunities to improve accounting processes, reporting efficiency, and internal controls.
  • Support ERP and finance system initiatives, including continuous process improvements.
  • Support monthly, quarterly, and year-end financial close activities.
  • Assist in managing credit and collection efforts to mitigate credit risk.
  • Manage the consolidation of group company month- and year-end financial results.
  • Assist in annual physical inventories.
  • Participate in annual budgeting and forecasting activities.
  • Analyze financial results, investigate variances, and support business growth initiatives.
  • Provide key CAR support and other ad hoc financial analysis as requested.
  • Manage and reconcile cash against in-house bank accounts.
  • Support cash-from-operations forecasting and reporting.
  • Assist with initiatives focused on maximizing cash from operations.
  • Support internal and external audit activities.
  • Assist in sales and use tax preparation and other regulatory filings.
  • Assist tax accountants by gathering requested information in a timely manner.
  • Ensure compliance with U.S. GAAP, SOX controls, company accounting policies, and international reporting requirements.
  • Promote best practices across finance processes and internal controls.
  • Support project accounting activities, including revenue recognition and proper presentation of contract assets and contract liabilities.
  • Support project bid budgets and executive reviews.
  • Partner with project teams to identify financial risks, mitigation plans, and opportunities.
  • Support inventory accounting, standard costing, manufacturing variances, and work-in-process accounting.
  • Lead, develop, and motivate a small U.S. finance team, fostering accountability, collaboration, innovation, continuous improvement, and business partnership.
  • Establish departmental and individual goals while providing coaching, mentorship, and professional development opportunities.
  • Build organizational capability across financial planning and analysis, commercial finance, treasury, and operational finance functions.
  • Mentor and support team members while contributing to a positive, high-performing work environment.
  • Perform other duties as assigned.
Desired Qualifications
  • Experience working within a publicly traded company or SOX-controlled environment is preferred.
  • Knowledge of IFRS is a plus.

About the company

Wabtec provides transportation solutions by designing and producing electric locomotives and related services for freight railroads, transit authorities, and industrial operators. Its flagship product, the FLXdrive, is a 100% battery-electric locomotive with a battery pack over 7 megawatt-hours that cuts fuel use and emissions, while the company also sells traditional locomotives, aftermarket services, and digital solutions to optimize operations. Wabtec differentiates itself through a fully electric propulsion option paired with value-added digital tools and manufacturing techniques like mixed-reality work processes, aiming to improve efficiency and sustainability across rail networks. The company’s goal is to make rail transport more efficient and eco-friendly by delivering reliable locomotives, ongoing maintenance, and advanced software and digital capabilities that help customers run greener, lower-cost operations.

Company Size

10,001+

Company Stage

IPO

Headquarters

Pittsburgh, Pennsylvania

Founded

1872

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Simplify's Take

What believers are saying

  • Q2 2026 sales reached $3.18 billion, and adjusted EPS rose 21.6%.
  • Management raised 2026 revenue guidance to $12.30 billion-$12.60 billion on July 22, 2026.
  • Multi-year backlog hit $30.93 billion, with 12-month backlog up 11.3% year over year.

What critics are saying

  • Progress Rail sued Wabtec in 2023; settlement on February 26, 2026 left breach claims history.
  • Wabtec’s premium valuation demands flawless execution after 17.5% Q2 2026 revenue growth.
  • Heavy debt-funded acquisitions, including Dellner and Frauscher, raise integration and return-risk through 2027.

What makes Wabtec unique

  • Wabtec bundles locomotives, signaling, and inspection through 2025-2026 acquisitions.
  • FLXdrive battery-electric locomotives and Forsee Power deepen Wabtec’s electrification edge.
  • Railroad incumbency plus $30.93 billion backlog locks in long-cycle customer relationships.

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Benefits

  • Health Insurance
  • 401(k) Retirement Plan
  • Performance Bonus
  • Flexible Work Hours

Growth & Insights and Company News

Headcount

6 month growth

30%

1 year growth

30%

2 year growth

30%
Yahoo Finance
Jul 23rd, 2026
Wabtec stock trades at premium valuation despite $30B order backlog and rail business headwinds

Westinghouse Air Brake Technologies (Wabtec) has surged 39% over the past year, trading at the top of its 52-week range following 17.5% sales growth and an increased forecast. The rail technology manufacturer now holds a multi-year order backlog exceeding $30 billion. However, investors face a steep premium. The stock trades at a price-to-earnings ratio of 35.1, well above the S&P 500's 24.3. Price-to-sales and price-to-operating-cash-flow multiples also exceed market averages at 3.7 and 22.3 respectively. Revenue has grown 10.2% annually over three years, outpacing the S&P 500's 5.9%. The 12-month backlog rose 11% whilst the multi-year backlog jumped 42%. Debt stands at a manageable 14.7% of market value. Operating cash flow reached approximately $2 billion over the past twelve months.

Yahoo Finance
Jul 22nd, 2026
Wabtec beats Q2 estimates with $2.76 EPS as revenues hit $3.18B

Westinghouse Air Brake Technologies reported second-quarter earnings of $2.76 per share, surpassing the Zacks Consensus Estimate of $2.63 per share. This represents a 4.94% earnings surprise and compares to $2.27 per share a year ago. The locomotive, subway, and bus parts maker posted revenues of $3.18 billion for the quarter ended June 2026, exceeding estimates by 3.20%. This compares to year-ago revenues of $2.71 billion. The company has topped consensus estimates for both earnings and revenue in each of the last four quarters. Wabtec shares have risen 23.5% year-to-date, outpacing the S&P 500's 9.7% gain. The stock currently holds a Zacks Rank #2 (Buy) rating.

Yahoo Finance
Jul 15th, 2026
Wabtec to report Q2 2026 earnings on 22 July, sales expected to reach $3.08B

Westinghouse Air Brake Technologies, operating as Wabtec Corporation, is set to report second-quarter 2026 results on 22 July before market open. The Zacks Consensus Estimate for earnings stands at $2.63 per share, representing a 15.9% increase from the year-ago period. Revenue is expected to reach $3.08 billion, up 13.8% year over year. Wabtec has beaten earnings estimates in each of the past four quarters, delivering an average surprise of 3.97%. However, the company's second-quarter performance may face headwinds from higher operating expenses, geopolitical tensions in the Middle East, and supply-chain disruptions. Offsetting these challenges, stronger demand for services and components across aftermarket and OEM channels is expected to support top-line growth. Freight revenues are forecast at $2.19 billion, whilst Transit revenues are projected at $839.37 million.

Yahoo Finance
Jun 15th, 2026
Forsee Power and Wabtec team up to electrify locomotives with advanced battery tech

Forsee Power, a smart battery systems specialist, has signed a Memorandum of Understanding with Wabtec to integrate advanced battery systems into battery-electric locomotive platforms. Wabtec, which unveiled the world's first battery-electric freight locomotive in 2021, will collaborate with Forsee Power to enhance performance and reliability whilst optimising costs. Forsee Power's PULSE PLUS RAIL battery system, built on Toshiba's latest-generation LTO cells, offers up to 20 years lifespan, high-power output and voltage range up to 1,500 VDC. The system features advanced liquid thermal management for extreme temperatures and meets the highest safety standards. The partnership leverages Forsee Power's industrial presence in Ohio for Buy America compliance. The electrical architecture suits both freight and passenger rail applications, with potential expansion into mining trucks.

Yahoo Finance
Jun 1st, 2026
Wabtec tops heavy transportation equipment Q1 earnings with $2.95B revenue, up 13% YoY

Wabtec reported Q1 revenues of $2.95 billion, up 13% year on year, meeting analysts' expectations. The railway equipment and systems provider delivered mixed results overall, beating EBITDA estimates but missing organic revenue projections. CEO Rafael Santana highlighted strong execution across the company's businesses, driving double-digit sales and adjusted earnings per share growth. The stock has risen 1.4% since reporting, currently trading at $261.22. Across the heavy transportation equipment sector, the 12 tracked stocks reported satisfactory Q1 results, with revenues and forward guidance broadly aligned with consensus estimates. However, share prices have declined 2.3% on average since earnings announcements. Douglas Dynamics delivered the sector's standout performance, with revenues of $137.8 million exceeding expectations by 3.4%.