Praxair, Inc., a wholly-owned subsidiary of Linde plc, is a leading industrial gas company in North and South America and one of the largest worldwide. Praxair produces, sells and distributes atmospheric, process and specialty gases, and high-performance surface coatings. Our products, services and technologies are making our planet more productive by bringing efficiency and environmental benefits to a wide variety of industries, including aerospace, chemicals, food and beverage, electronics, energy, healthcare, manufacturing, primary metals and many others. For more information about the company, please visit our website at www.praxair.com.
Job Scope: Reporting to the HyCO USA Vice-President, Engineering this position designs and prepares financial and operational performance assessments in support of senior management analysis; coordinates the preparation of monthly financial forecasts and annual operating plans; assists in the completion of financial reporting requirements of the business unit and corporate finance.
Responsible for the compilation of information used in the review of actual financial results versus forecasted results on a monthly basis:
Creation of meaningful financial models that facilitate timely review and analysis of actual results vs. forecasted results
Assist in the preparation of presentation material to senior management highlighting the Business Unit's performance versus forecast and versus prior actual periods.
Assist in the Business Unit's closing review process
Prepare any accrual and adjusting entries as required
Support accounting team with percentage of completion billing based on milestones
Responsible for the overall coordination of the monthly financial forecast cycle, including:
Preparation and administration of forecasting timeline
Working with department managers to ensure adherence to timeline
Creation / maintenance of meaningful financial models that summarize forecasted financial results compared with prior forecasts, prior actual periods and operating plan
Responsible for the completion and submission of Corporate FP&A reporting requirements within Hyperion:
Preparation and administration of work process timeline to ensure timely completion and submission of reporting requirements on a month-end and quarter-end basis.
Creation / maintenance of models required to complete reporting requirements
Compilation of quarter variance reports, income statement variance reports, productivity, capital expenditure, headcount reporting requirements
Responsible for the overall coordination of annual planning cycle, including:
Preparation and administration of planning cycle timeline; and ensuring compliance by department managers
Coordination in development / maintenance of Budgeting Cube environment used for plan consolidation and analysis
Coordination with Corporate FP&A to ensure submission deadlines are met timely and accurately
Development / maintenance of multiple financial models analyzing plan submissions in terms of financial trends
Assist in the preparation of detailed presentations to Praxair senior management
Ad Hoch reporting to assist in the evaluation of emerging financial and operational performance trends, including sell-out trends, engineering rate calculations, resource utilization / capacity, third-party consultant support requirements / cost, and cash-flow analysis.
Development / Maintenance of multiple financial models, which include but are not limited to:
Large Growth Project Performance
Resource Utilization / Capacity Outlook
Capital Expenditure Activity
Integrity & Trust
Bachelor's Degree in Accounting or Finance required
CPA and/or MBA preferred
5 years Finance experience required
Advanced Microsoft Excel; Microsoft PowerPoint
Intermediate knowledge of Hyperion, OBIEE, JD Edwards and SAP is preferred
Travel as necessary (up to 25%)