Financial Planning and Analysis Specialist

Job Description

About Carrier

Carrier Global Corporation, global leader in intelligent climate and energy solutions, is committed to creating innovations that bring comfort, safety and sustainability to life. Through cutting-edge advancements in climate solutions such as temperature control, air quality and transportation, we improve lives, empower critical industries and ensure the safe transport of food, life-saving medicines and more. Since inventing modern air conditioning in 1902, we lead with purpose: enhancing the lives we live and the world we share. We continue to lead because of our world-class, inclusive workforce that puts the customer at the center of everything we do. For more information, visit corporate.carrier.com or follow Carrier on social media at @Carrier.

About the Role

We are seeking a FP&A Specialist to support the end-to-end financial administration of research and development (R&D) projects. In this role, you will be responsible for tracking project expenditures, administering chargebacks, managing invoicing activities, supporting cost recovery processes, and delivering financial insights that promote transparency and accountability across R&D investments. You will partner closely with Engineering, Program Management, FP&A, Accounting, and Controllership teams to ensure accurate financial reporting and effective stewardship of project resources.

Key Responsibilities

As a FP&A Specialist, you'll be responsible for:

• Monitoring and tracking project expenditures across labor, materials, external services, capital investments, and operating expenses.
• Performing monthly reconciliations between project management systems, financial systems, and business records.
• Investigating and resolving spending variances, discrepancies, and cost allocation issues.
• Maintaining accurate project financial records and supporting documentation.
• Preparing, reviewing, and processing monthly, quarterly, and ad hoc invoices, journal entries, accruals, prepaids, and reclassifications based on approved chargeback methodologies.
• Validating project costs prior to billing and ensuring all charges are appropriately documented.
• Partnering with finance teams and business units to resolve billing disputes and invoice-related inquiries.
• Monitoring outstanding balances and supporting the timely recovery of project costs.
• Developing and maintaining reporting on project spending, invoice activity, and cost recovery status.
• Analyzing financial trends and identifying opportunities to improve cost transparency and recovery processes.
• Preparing executive-level reporting and monthly financial summaries for R&D and Finance leadership.
• Supporting forecasting and budgeting activities related to project chargeback programs.
• Ensuring compliance with corporate accounting policies, governance requirements, and internal controls.
• Supporting internal and external audits by providing financial records, reconciliations, and supporting documentation.
• Recommending process improvements that enhance efficiency, accuracy, scalability, and reporting effectiveness.
• Serving as a key financial contact for project cost inquiries and chargeback-related matters.
• Collaborating with Program Managers, Project Leaders, Engineering teams, FP&A, Accounting, and Controllership organizations to support successful project execution.

Requirements

We are looking for people who are analytical, detail-oriented, collaborative, and passionate about driving financial transparency and operational excellence. If this is you, get in touch.

As a minimum you must have:

• Bachelor’s degree in Finance, Accounting, Business Administration, Economics, or a related field.
• 3+ years of experience in Financial Analysis, Project Accounting, FP&A, Project Controls, Cost Management, or related finance functions.
• Strong understanding of budgeting, forecasting, accrual accounting, project accounting, and cost allocation methodologies.
• Advanced English proficiency with strong written and verbal communication skills.
• Advanced Microsoft Excel skills and experience with financial reporting and analytical tools.
• Strong analytical, problem-solving, and organizational capabilities.
• Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
• Strong stakeholder management skills and experience working with cross-functional teams.

Although Not Necessary, It Would Be Nice If You Have:

• Experience with SAP, HFM, Power BI, or similar ERP, planning, reporting, and project management systems.
• Experience supporting intercompany or cross-business cost allocation and recovery processes.
• Experience working with R&D organizations, engineering teams, or project-based financial environments.
• Knowledge of internal controls, audit support, and financial governance processes.

Benefits

We offer a competitive total rewards package that may include other benefits and well-being programs. Offerings vary by role and location and are designed to support employees’ health, security, and success.

If you require a reasonable accommodation to complete the application process, participate in an interview, or otherwise engage in the hiring process, please contact us at [email protected]. We will make every effort to meet your needs in accordance with applicable laws.

Carrier is An Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age or any other federally protected class.

Job Applicant's Privacy Notice:

Click on this link to read the Job Applicant's Privacy Notice