Financial Analyst - Cost Accountant

Location

Ithaca, NY

Company overview

BorgWarner is a global product leader in propulsion solutions. We focus on developing leading powertrain technologies that improve fuel economy, emissions, and performance. Our facilities are located across the globe to provide local support for our diverse customer base.

BorgWarner is a company of independent thinkers who share a passion for the latest vehicle technology, enjoy working in a fast-paced, collaborative environment, and desire to play a key role in transforming the transportation landscape.

We engage this talented group of employees with meaningful work, amazing technologies, world-class facilities, and a culture that respects diversity and rewards excellence. It’s an atmosphere that fosters personal growth.

Position summary

Do you have a passion for Cost Accounting? Our encouraging team environment may be for you! Successful candidates for the Senior Financial Analyst position manage reporting and analysis relating to physical inventory and cost accounting. They will be responsible for maintaining the standard cost system as well as assisting with internal and external customer quotations, and financial appropriations requests. Sr. Financial Analyst will lead reporting and variance analysis. They will participate in the management and leadership to achieve growth and optimal use of resources for BorgWarner Morse Systems and BorgWarner Corporate Economic Value.

Key accountabilities

• Maintain existing and design new management reports relating to inventory, productivity, and costing analysis.

• Lead the annual physical inventory with the planning, preparation and conducting the process for production materials, perishable tooling and MRO.

• Prepare monthly account reconciliations and supporting analysis and make recurring and adjusting journal entries for the month, quarter, and year-end financial closing process relating to inventory, inventory reserves, and costing.

• Provide support for the monthly forecast and annual budgeting processes as required.

• Update the plant standard cost system bills of material, routing, and costing rates annually and on an as needed basis.

• Assist with the preparation of internal and external customer quotes with cost analysis and financial modeling as needed.

• Work independently (or with Manufacturing Engineering, Quality Engineering, Materials and other departments as required) to analyze, quantify, and make recommendation with regard to variances or expense abnormalities. Work effectively with all levels of management to communicate findings and recommendations.

• Maintains internal controls and assists with Audit requirements such as preparing population reports, gathering vital documentation, and responding to requests.

• The Analyst is also expected to embrace the thought process of continuous improvement and make contributions towards implementing changes in our systems and processes to increase efficiency

What we are looking for

• Bachelor’s Degree in Accounting or BA with 3+ years accounting experience

• 5+ years of related experience

• Manufacturing experience preferred

• CPA, CMA, MBA preferred

• Proficient in Microsoft Office, especially Microsoft Excel.

• Solid understanding of enterprise resource planning (ERP) systems

• SAP experience preferred

Compensation

$68,000 - $85,000

Benefits

Our generous benefits include low to no cost medical insurance, dental, vision and life plans. Our Ithaca Campus has an onsite wellness clinic and includes providers like dietitians, counselors, nurses, physicians and physical therapists.

Visa Sponsorship

BorgWarner does provide sponsorship for employment visa status based on business need. However, for this position, please only apply if you DO NOT need sponsorship to work in the Unites States now or in the future. We are unable to consider candidates who require sponsorship.

Safety 

This position will enforce to Global Star Safety Program, including safety rules, practices and training as outlined in the BorgWarner Safety Policy, which includes the use of equipment, protective devices, or clothing that the employer requires. This individual will work in manners that stress the importance of preventing accidents and illnesses. The professional must take every precaution reasonable in the given circumstance for the protection of themselves and coworkers. In addition, the individual is trusted with reporting all injuries and/or possible dangerous situations, incidents, or occurrences to the immediate supervisor. 

Equal employer opportunity statement