Financial Analyst

Job Description

The Financial Analyst will own responsibility for reviewing the P&L, with a strong focus on SG&A. This position will support the controlling function with management presentations, performance reports, and own responsibility for driving cost measures across the business. The Financial Analyst will operate as an integral part of the business to ensure the achievement of financial results in a systematic and measure driven approach.

Financial Analysis (50%)

• Review financial monthly results by evaluating financial statements and reviewing P&L's.

• Conduct analysis all of cost positions and determine if the business is set to meet expected targets/goals.

• Translate and articulate business results with leaders and provide detailed summaries that support business gaps and/or outcomes.

• Conduct deep dives to identify gaps in financial KPI's & business results.

• Prepare a structured and formalized analysis & translate into meaningful reports and/or presentations.

• Participate in financial analysis and future financial analysis and forecasting and taking initiative to assess the business's financial path and alignment to goals.

• Consistently contribute to a variety of projects, e.g., conduct forecasting and update forecasts on a quarterly basis, calculate, analyze, and partner with cross-functional international teams (cost planning, sales planning, travel, and budget planning).

• Participate and engage in annual business planning process, financial closing activities at year-end, and collaborate with auditors and accounting teams to finalize year-end results.

• Monitor, on a continuing basis, operating results, and spend against the Annual Business Plan.

• Identify, report, and manage risk issues, ensuring that appropriate actions are taken.

Business Partnering (30%)

• Collaborate with business partners across various segments of the business and provide meaningful insights regarding the financial performance and support ideation of cost measures.

• Responsible for identifying and coordinating cost measures with each functional group and steering the achievement of results.

• Lead review meetings with Business Partners, articulate results by business segment, define action items to address deviations.

• Guide business partners in financial implications in decision making process and assist in forming decisions.

• Follow-up on open items regularly to ensure correction action from a financial perspective is implemented and executed.

• Participate in critical meetings, contribute to decision making process regarding general business decisions.

Systems / Technology (20%)

• Engage, from a system perspective (SAP), and partner with cost accounting team to assess the system landscape and determine efficiencies in system fields e.g., cost centers and coming up with new concepts/structures.

• Identify and support implementation of automation projects and data analytics with BI tools in the finance area to optimize business processes and increase efficiencies.

Qualifications

• Bachelor's degree (B.S.) in Finance, Business Management, or equivalent field required.

• Master's degree or CPA equivalent preferred.

• Minimum of 2-5 years of related experience in financial analyst role, SG&A focus preferred.

• Experience in SAP FI/CO modules is strongly preferred.

• Expert level in MS Excel required.

• Working knowledge of Power BI and automation tools is a plus.

• Knowledgeable in Accounting is a plus.

• Willingness to take Initiative, with strong analysis and organizational skills.

• Must have excellent communication skills, both orally and verbally.

• Must be purposeful and have a structured approach to work.