Business Case Development Analyst
About the job
- A bachelor's degree with a major in Accounting, Finance, Business Administration, or Economics is preferred.
- 10 years of financial work experience in a multinational company.
- Strong knowledge of the SAP FICO model is a plus.
- Excellent English skills.
- Excellent Excel skills.
- Familiarity with cash flow, return on investment (ROI), EV, and risk strategy management models.
- Strong analytical and systematic thinking skills.
- Strong communication skills; proactive, well organized, hardworking, and a team player.
- Support finance reporting and business case development, reporting to the Controlling Manager.
- Conduct business case and project studies with program managers and commercial teams.
- Conduct gate reviews and derive performance management for key projects.
- Manage risk strategy and support reason sheet output and accounts receivable application.
- Review actual key projects monthly and provide transparency on key performance indicators and performance analysis.
- Negotiate intercompany transfer prices during business case studies.
- Cooperate with allied finance teams on multinational global projects.
- Perform financial and business evaluations of project plans and proposals to ensure sustainable financial performance and value creation.
- Set up and fine-tune processes to ensure seamless communication across the matrix.
- Perform other tasks assigned by a supervisor or manager.
- Adhere to the Global Star Safety Program, including required safety rules, practices, and training; use required equipment, protective devices, or clothing; take reasonable precautions to protect self and coworkers; and report injuries, dangerous situations, incidents, or occurrences to the immediate supervisor.
- Over 5 years of cost accounting or financial analysis experience is a plus.
ABOUT US
PHINIA: Advancing sustainability today, powering a cleaner tomorrow.
PHINIA is an independent, market-leading, premium solutions and components provider with over 100 years of manufacturing expertise and industry relationships, with a strong brand portfolio that includes DELPHI®, DELCO REMY® and HARTRIDGE™. With over 12,500 employees across 43 locations in 20 countries, PHINIA is headquartered in Auburn Hills, Michigan, USA.
At PHINIA, we Provide fuel systems, electrical systems, and aftermarket products and solutions of the highest quality — developed and manufactured responsibly — that are designed to enhance efficiency and reduce the environmental impact of vehicles, industrial machinery, and other applications. In doing so, we contribute to a cleaner tomorrow, treat our people and surrounding communities with respect, and hold ourselves accountable to robust ethical standards.
Our Culture
PHINIA promotes and cultivates an inclusive culture and diverse perspectives, strives to maintain its reputation for excellence, thrives on the power of collaboration, and fosters the development of our talented employees. We believe in making a positive impact through our business and actions, and we take our collective responsibility seriously.
Career Opportunities
We believe in building a brighter tomorrow for our employees as well as our customers and encourage you to learn about our long history, strong culture, new technologies, and future vision. We offer a strong local presence and interesting global opportunities. Join us on this shared journey toward a brighter tomorrow.
JOB PURPOSE
KEY RESPONSIBILITIES
About us
PHINIA: Advancing sustainability today, powering a cleaner tomorrow.
PHINIA is an independent, market-leading, premium solutions and components provider with over 100 years of manufacturing expertise and industry relationships, with a strong brand portfolio that includes DELPHI®, DELCO REMY® and HARTRIDGE™. With over 12,500 employees across 43 locations in 20 countries, PHINIA is headquartered in Auburn Hills, Michigan, USA.
At PHINIA, we Provide fuel systems, electrical systems, and aftermarket products and solutions of the highest quality — developed and manufactured responsibly — that are designed to enhance efficiency and reduce the environmental impact of vehicles, industrial machinery, and other applications. In doing so, we contribute to a cleaner tomorrow, treat our people and surrounding communities with respect, and hold ourselves accountable to robust ethical standards.
Our Culture
PHINIA promotes and cultivates an inclusive culture and diverse perspectives, strives to maintain its reputation for excellence, thrives on the power of collaboration, and fosters the development of our talented employees. We believe in making a positive impact through our business and actions, and we take our collective responsibility seriously.
Career Opportunities
We believe in building a brighter tomorrow for our employees as well as our customers and encourage you to learn about our long history, strong culture, new technologies, and future vision. We offer a strong local presence and interesting global opportunities. Join us on this shared journey toward a brighter tomorrow.
Job purpose
We are looking for an enthusiastic candidate to join our growing PHINIA Finance team as an Business Case Development Analyst! This position will support us in finance reporting and business case development and reporting to Controlling Manager.
Key Responsibilities
- Business case / Project study with Program manager and Commercial teams;
- Gate review and derive performance management for Key projects;
- Risk Strategy Management, support for reason sheet output and AR Application;
- Actual Key projects monthly review and provide full transparency on KPI and performance analysis.
- Negotiate Intercompany transfer price during Business case study;
- Multinational cooperation with Allied finance team for global projects;
- Perform financial and business evaluation on project plans and proposals to ensure sustainable financial performance and value creation;
- Process setup / fine-tuning to ensure seamless communication across the matrix
- Other tasks assigned by supervisor/manager
What we’re looking for
- Bachelor degree with major in Accounting, Finance, Business Administration or Economics preferred.
- 10 years financial working experience in the multi-national company
- Over 5 years’ cost accounting/financial analysis experience as a plus
- Strong SAP FICO model knowledge as a plus
- Excellent English skill
- Excellent EXCEL skill
- Familiar with Cashflow, ROI, EV, Risk strategy management model.
- Strong analytical and systematic thinking skills.
- Strong communication skills; Pro-active; Well organized; Hard working; Team-player;
What we offer
- We provide compensation and benefits programs intended to attract, motivate, reward, and retain an incredibly talented, globally diverse workforce at all levels within our organization. Our compensation programs are informed by market data and business needs, and we are committed to providing equitable and competitive compensation. We are committed to providing our team with quality and competitive benefit programs, including health and well-being resources, family-centric policies, and an agile workplace program, where not precluded by collective bargaining agreements or national statutory plans. Plans are benchmarked for competitiveness and value.
- We provide formal development opportunities at all levels and stages of employee careers. These opportunities are delivered in a variety of formats to make our portfolio of solutions agile, sustainable, and scalable to support our employees in developing the skills needed to succeed.
What we believe
- Product Leadership - Innovation that brings value to our customers
- Humility - Seeking out diverse perspectives and working collaboratively
- Inclusivity - Recognizing our differences makes us stronger; we are bold and intentional
- Net-Zero - Committed to energy efficiency, waste reduction and beneficial reuse
- Integrity - Taking responsibility for our decisions and doing what is right
- Accountability - Taking ownership of our actions and driving results
Safety
This position will adhere to Global Star Safety Program, including safety rules, practices, and training as outlined in the PHINIA CTCM Safety Policy Manual, which includes the use of equipment, protective devices, or clothing that the employer requires. This individual will work in a manner that stresses the importance of preventing accidents and illnesses. He/she must take every precaution reasonable in the given circumstance for the protection of themselves and coworkers. In addition, he/she is responsible for reporting all injuries and/or possible dangerous situations, incidents, or occurrences to the immediate supervisor.
Equal Employment Opportunity
PHINIA is an equal employment opportunity employer such that all qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity/expression, national origin, disability or protected veteran status.
Visa Sponsorship
PHINIA does provide sponsorship for employment visa status based on business needs. However, for this role, applicants must be currently authorized to work in the United States on a full-time basis.
No Unauthorized Referrals from Recruiters & Vendors
Please note that PHINIA does not seek or accept unsolicited resumes or offers from third party recruiters or staffing agencies associated with any published or unpublished employment opportunities. Any unsolicited information sent to PHINIA will be considered as unencumbered and free from any fee or charge whatsoever. Only members of our Human Resources Team have the authority to engage or authorize recruiting services, which must be agreed upon before the unsolicited resume or offer is received.
Advancing sustainability today, powering a cleaner tomorrow. Join us on this shared journey to a brighter tomorrow. For more information about PHINIA, please visit www.phinia.com.
#LI-Hybrid
WHAT WE OFFER
We provide compensation and benefits programs intended to attract, motivate, reward, and retain an incredibly talented, globally diverse workforce at all levels within our organization. Our compensation programs are informed by market data and business needs, and we are committed to providing equitable and competitive compensation. We are committed to providing our team with quality and competitive benefit programs, including health and well-being resources, family-centric policies, and an agile workplace program, where not precluded by collective bargaining agreements or national statutory plans. Plans are benchmarked for competitiveness and value.
We provide formal development opportunities at all levels and stages of employee careers. These opportunities are delivered in a variety of formats to make our portfolio of solutions agile, sustainable, and scalable to support our employees in developing the skills needed to succeed.
WHAT WE BELIEVE
Product Leadership - Innovation that brings value to our customers
Humility - Seeking out diverse perspectives and working collaboratively
Inclusivity - Recognizing our differences makes us stronger; we are bold and intentional
Net-Zero - Committed to energy efficiency, waste reduction and beneficial reuse
Integrity - Taking responsibility for our decisions and doing what is right
Accountability - Taking ownership of our actions and driving results
SAFETY
You will consistently hear us say Safety First! We are committed to continually improving our strong safety performance supporting the health and wellness of our employees!
We also believe employee health and safety is everyone’s responsibility. We encourage safety learning and collaboration to help employees understand and follow applicable safety policies, standards, and procedures and identify opportunities to minimize or eliminate risk. Work is expected to be conducted in a manner that stresses the importance of preventing incidents and illnesses, including attending all required safety meetings and trainings. It is expected that all incidents, near misses, and unsafe conditions are immediately reported to the direct manager, Human Resources, or Safety Representative.
EQUAL EMPLOYMENT OPPORTUNITY
PHINIA is an equal employment opportunity employer such that all qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity/expression, national origin, disability or protected veteran status.
VISA SPONSORSHIP
PHINIA does provide sponsorship for employment visa status based on business need. However, for this role, applicants must be currently authorized to work on a full-time basis, in the country where the position is currently based.
NO UNAUTHORIZED REFERRALS FROM RECRUITERS & VENDORS
Please note that PHINIA does not seek or accept unsolicited resumes or offers from third party recruiters or staffing agencies associated with any published or unpublished employment opportunities. Any unsolicited information sent to PHINIA will be considered as unencumbered and free from any fee or charge whatsoever. Only members of our Human Resources Team have the authority to engage or authorize recruiting services, which must be agreed upon before the unsolicited resume or offer is received.
GLOBAL TERMS OF USE AND PRIVACY STATEMENT
Carefully read the PHINIA Privacy Policy before using this website. Your ability to access and use this website and apply for a job at PHINIA are conditioned on your acceptance and compliance with these terms.
Please access the linked document by clicking here, select the geographical area where you are applying for employment, and review.
Before submitting your application you will be asked to confirm your agreement with the terms.
Career Scam Disclaimer:
PHINIA makes no representations or guarantees regarding employment opportunities listed on any third-party website. To protect against career scams, job applicants should take the necessary precautions when interviewing for and accepting employment positions allegedly offered by PHINIA. Applicants should never provide their national ID numbers, birth dates, credit card numbers, bank account information or other private information when communicating with prospective employers or responding to employment opportunities online. Job applicants are invited to contact PHINIA through PHINIA’s website to verify the authenticity of any employment opportunities.
Advancing sustainability today, powering a cleaner tomorrow. Join us on this shared journey to a brighter tomorrow. For more information about PHINIA, please visit www.phinia.com.
About the company
PHINIA provides fuel systems and aftermarket automotive parts to improve engine efficiency and reduce emissions. Its Fuel Systems unit designs injectors, pumps, engine control modules and complete system solutions with software and calibration; its Aftermarket unit offers replacement parts, diagnostic equipment, and remanufactured products under brands like Delphi, Delco Remy, and Hartridge. The company differentiates itself through its BorgWarner spin-off structure, strong aftermarket brands, and heavy investment in research and development aimed at fuel efficiency and alternative fuels, including hydrogen, ethanol, and CNG, plus carbon-free combustion applications. PHINIA seeks steady growth by gaining share in a shrinking internal combustion engine market while building capabilities for low-emission propulsion.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Auburn Hills, Michigan
Founded
2023
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Simplify's Take
What believers are saying
- PHINIA completed stoba on October 1, 2026, adding aerospace, defense, and semiconductor exposure.
- Q2 2026 net sales hit $940 million; management raised free cash flow to $250 million.
- IAA Transportation 2026 showcased hydrogen, diesel, and aftermarket expansion across Europe, North Africa, and Asia.
What critics are saying
- PHINIA's 2025-2027 restructuring adds $40 million charges and employee terminations in Fuel Systems.
- PHINIA depends on shrinking internal-combustion OEM demand; rapid EV adoption would crush core revenue.
- stoba integration after October 1, 2026 risks distraction, execution misses, and margin dilution.
What makes PHINIA unique
- PHINIA combines Delphi fuel systems, electricals, and aftermarket brands across 20 countries.
- Brady Ericson uses combustion expertise to sell Euro 7-ready diesel, hydrogen, and CNG systems.
- Its emissions guide and calibration software give engineers a regulatory toolkit competitors lack.
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Growth & Insights and Company News
6 month growth
40%1 year growth
39%2 year growth
39%PHINIA ranks 19th among Analyst Picks with strong share buybacks. By Joel Kornblau, Editor, The Online Investor, Wednesday, October 14, 2026, 2:23 PM ET PHINIA Inc. (PHIN) ranked 19th in a screen combining favorable brokerage analyst recommendations with strong share repurchase activity. To qualify, a company had to repurchase shares equal to at least 5% of its outstanding shares over the trailing 12 months. The Online Investor ranked qualifying stocks by averaging recommendations from major brokerage firms. What the buyback and analyst ranking shows. PHINIA's position reflects two separate measures: the scale of its recent repurchases and the relative strength of analyst recommendations among companies that met the screen's buyback threshold. It does not, by itself, establish that the shares are undervalued. The ranking depends on the analysts and companies included when the screen was run, and it may change as recommendations or repurchase activity change. A buyback can signal that management sees value in its shares, but companies also repurchase stock to return excess cash or offset dilution from equity compensation. The price paid matters: repurchases create more value for remaining shareholders when shares are acquired below their underlying worth than when they are bought at an elevated valuation. How repurchases can affect earnings per share. If repurchases reduce the weighted-average share count while net income remains unchanged, earnings per share increase because the same earnings are divided among fewer shares. The effect may be limited if newly issued shares offset the repurchases. A higher earnings-per-share figure also does not necessarily indicate stronger operating performance. To assess the significance of PHINIA's buybacks, the key questions are whether its share count declined on a net basis, how much it paid for the shares, and whether the spending left sufficient capacity for operations, investment and debt obligations. Analyst recommendations provide another perspective, but the strength of the underlying business and the price paid for the stock remain central to the valuation. PHINIA stock performance. The chart below compares PHINIA's three-month share-price performance with Cummins, Inc. (CMI) and Honeywell International Inc. (HON). The companies have different business mixes, so the comparison provides market context rather than a direct measure of PHINIA's operating performance. Want to compare more broker darling stock ideas? See Current Top Analyst Picks of the S&P 500 for a broader look at current investor research ideas. How to read broker darling screens and dividend yield. Broker darling stories highlight stocks that analysts currently favor within a large-cap or dividend-oriented screen. Dividend yield helps show the income side of the story, but it should be reviewed with payout consistency, valuation, and recent stock movement. The signal is most useful when analyst support is reviewed with valuation, earnings expectations, dividend quality, and business fundamentals. Investors should treat the dividend yield angle as context rather than a standalone signal.
Phinia (PHIN) shares have fallen 28% in three months, while the S&P 500 gained 3.8%. The company has bought back stock for three years, cutting its share count 19.1% to 38.0 million from 47.0 million. The buybacks have not lifted earnings. Earnings per share fell 11.3% a year over the period, and net income fell 16.8% a year. Over the last twelve months, Phinia spent a net $139 million on repurchases. Free cash flow of $250 million covered buybacks and dividends 1.23 times. In its second-quarter results, management cut its 2026 net earnings forecast to a midpoint of $167.5 million from $180 million. It raised its adjusted free cash flow forecast to $230 million from $220 million. Phinia reports third-quarter results on October 29, 2026.
PHINIA Delphi showcases FI systems across heavy, medium-duty segments. PHINIA Delphi UK Ltd. showcased its full range of fuel injection and after-treatment technologies at the recently concluded IAA Transportation 2026. The range covers heavy-duty engines of up to 17 litres and beyond. The company also showed new pump developments and a growing line-up of starters and alternators for the European market. At its heavy-duty display, the company showed its complete injector system, with six injectors featuring closed-loop control. This technology keeps the injectors performing consistently throughout their working life, from day one to the end. Sharing his views to this publication, Mr. Mark Blackmore, Sales Manager, PHINIA Delphi UK Ltd. said, as a full-system supplier, the company offers injectors, pumps, rail, ECUs, and software, capable of supporting engines ranging from 11 to 17 litres. It is already exploring even larger engine applications beyond that range. The booth also featured a new addition to its portfolio, the DFP4 pump, a fresh development being showcased for the first time this year. Recognising that customer needs vary, he said it can scale its offering depending on requirements; some customers want a complete system, while others prefer to focus only on the "wet side," injectors, pumps, and rail. In the medium-duty segment, covering engine sizes between three and 8.9 litres, the components maker showcased a similar setup featuring its DFI2 injector paired with a DFP7 pump and common rail system, alongside ECU and software capability. For this segment, the company also offers a complete after-treatment system. It includes a tank-mounted SCR pump supply module and a doser. This lets PHINIA's software manage the whole process, from fuel combustion right through to the exhaust. All these systems, he confirmed, are Euro 7 ready, with dedicated concepts already developed to support customers requiring compliance with the upcoming emissions standard. The company also highlighted its starter and alternator lines of business. These product lines are already well established in the US, and PHINIA now plans to expand them into Europe, where customer interest is growing. On the shift toward software-defined vehicles (SDVs), Mr. Blackmore said it continues to regularly improve and update its software offerings, though how that software ultimately reaches the vehicle, including via over-the-air updates, remains largely the customer's responsibility. On whether SDVs might drive greater hardware standardisation, since software updates can reduce the need to redesign hardware from scratch, he acknowledged the appeal but said full standardisation remains difficult in practice. The company builds its products on common platforms, such as its DFI21 heavy-duty injector and a shared medium-duty injector base. Even so, it still has to meet customer-specific needs, such as different header designs. So, while PHINIA keeps its core designs as consistent as possible, some variation between products can't be avoided, he added.
LTM clients PHINIA, Carrier receive ISG Paragon Awards North America 2026. LTM announced on Wednesday that its clients PHINIA and Carrier received recognition at the ISG Paragon Awards North America 2026 for their transformation projects facilitated by LTM. FPJ Web Desk Updated: Wednesday, September 30, 2026, 11:30 AM IST Mumbai: LTM, a global technology services company, announced on 30 September 2026, that its clients PHINIA and Carrier were recognised at the ISG Paragon Awards North America 2026. LTM received recognition in the Excellence category for its work with PHINIA and in the Transformation category for its work with Carrier. About the awards. The ISG Paragon Awards acknowledge enterprise-provider partnerships that utilise technology, innovation, and new operating models to achieve measurable business impact. The awards highlight LTM's capability to assist global enterprises in accelerating transformation through industry expertise, technology innovation, and execution excellence. Carrier partnership. Carrier, a global leader in intelligent climate and energy solutions, partnered with LTM to establish an enterprise-wide Application Total Cost of Ownership (TCO) and Application Portfolio Rationalisation (APR) capability. This was powered by SAP LeanIX and aimed to address a fragmented technology landscape and siloed operating functions. Outcomes for Carrier. The initiative integrated data from ServiceNow, Apptio Cloudability, procurement, and operational systems to develop a standardised cost model and executive decision-support dashboards. This enhanced financial transparency, strengthened portfolio governance, and improved strategic decision-making across Carrier's application estate of over 2,000 applications. FPJ Shorts PHINIA transformation. LTM assisted PHINIA, a global automotive and industrial manufacturer, in transforming its IT operations. The transformation focused on observability, automation, AI-driven support, and infrastructure modernisation. Results for PHINIA. By implementing LogicMonitor observability, a cross-trained Command Center, CMDB optimisation, FinOps practices, and application modernisation, PHINIA reduced incident resolution times and improved service stability. The company also accelerated infrastructure provisioning and lowered operating costs. Management statement. Gururaj Deshpande, Chief Delivery Officer, LTM, said the recognitions reflect the power of strong client partnerships and a shared commitment to transformation. He added that LTM is proud to work alongside PHINIA and Carrier to deliver measurable business outcomes through technology-led innovation and operational excellence. Disclaimer: This story is based on company exchange filings and is for informational purposes only. Investors should evaluate risks before making decisions. Follow The Free Press Journal on
PHINIA publishes 2026-27 emissions standards guide. The guide consolidates emissions standards covering vehicles, engines, equipment and machinery. Jeff White is the Managing Editor of Counterman. He joined Babcox after a 20-year career in TV News as a Producer. You can contact him at [email protected] Published: September 28, 2026 PHINIA has published its 2026-27 Worldwide Heavy-Duty and Off-Road Emission Standards booklet. The guide provides emissions requirements across global markets for OEMs, engineers, policymakers and other industry professionals. PHINIA updates the heavy-duty and off-road edition every two years. The guide consolidates emissions standards covering vehicles, engines, equipment and machinery. Manufacturers must consider an increasingly broad range of emissions requirements. The 2026-27 booklet covers standards addressing conventional pollutants. It also covers zero-emission vehicles and greenhouse gas emissions, including CO2. The information provides a broader view of regulations affecting vehicle and engine development. Comparing emissions standards. The booklet brings together emissions limits, standard test cycles and testing conditions. It also includes references to relevant fuel standards. The guide provides an overview of onboard diagnostics and emissions monitoring. "Emissions regulation is becoming a broader engineering challenge, with manufacturers needing to understand not only requirements for traditional pollutants, but also greenhouse gases, testing, diagnostics, and monitoring across different markets. With dynamic and evolving fuel supply, this booklet also shares information regarding market reference fuels," said Todd Anderson, chief technology officer at PHINIA. "The purpose of this booklet is practical: to bring that information together in a clear reference that engineers and decision makers can use as they plan for current and future requirements. The increasing relevance of zero-emission and greenhouse gas standards makes that broader view even more important and reflects the same engineering discipline we apply as we support cleaner, more efficient combustion and the development of lower- and zero-carbon fuel technologies." Publication dates back to 1993. The publication continues a project with more than three decades of history. PHINIA's global aftermarket brand, Delphi, first developed the emissions standards booklet in 1993. Industry professionals have used the booklet to follow changing regulatory requirements. PHINIA most recently published a heavy-duty and off-road edition in 2024. The company followed it with a light-duty edition in 2025. Engineering expertise supports guide. PHINIA's work on the guide draws on its expertise in fuel systems, combustion, systems integration and calibration. That engineering knowledge supports technology development across heavy-duty and off-road applications. These technologies aim to improve efficiency and emissions performance. They also accommodate the evolving roles of conventional, lower-carbon and zero-carbon fuels.