Financial Analyst - Banking

Company Description

CREATIVITY IS OUR SUPERPOWER. It’s our heritage and it’s also our future. Because we don’t just make toys. We create innovative products and experiences that inspire fans, entertain audiences and develop children through play. Mattel is at its best when every member of our team feels respected, included, and heard—when everyone can show up as themselves and do their best work every day. We value and share an infinite range of ideas and voices that evolve and broaden our perspectives with a reach that extends into all our brands, partners, and suppliers.

The Team:

Mattel Finance hires leaders. Every one of our finance professionals works in a global finance organization interacting with senior leadership and with the accountability and responsibility to grow a career. We are a strong and nimble finance department focused on driving business results in the most cost-effective manner. We pride ourselves on consistent processes, fast decisions, and increased accountability.

Job Description

The Opportunity: 

We are currently looking to hire a permanent Sr. Finance Associate of Banking in our Mattel Global Shared Services (MGSS) East Aurora office.  This role reports to the MGSS Banking Regional Lead in Amstelveen, Netherlands.

The role is responsible for oversight of our end-to-end Banking processes and will work closely and daily with other team members in our three shared service centers based in East Aurora, Amstelveen, and Penang, as well as working with our Outsourced Service Provider based in India.

This role requires someone who can thrive in a fast-paced, high-performing environment; where creativity, collaboration, and strategic thinking are the norm.

The applicant must be a good problem solver, results focused, detail oriented, and process disciplined so that there are no disruptions in our daily deliverables or data integrity errors in our liability reporting.

What Your Impact Will Be: 

Supervision of activities performed by the Regional Team (both onshore and offshore):

• A customer facing role working as part of a global team, ensure an on-going emphasis on client service and satisfaction
  • Daily contact with the Offshore Team to support the processes performed by the MGSS, ensuring SLA terms are met/adhered to, establishing priorities and deadlines.
  • Assist MGSS Banking Colleagues in the two other MGSS Regions in times of absence / increased workload
  • Liaison with other work streams such as Accounts Payable to ensure timely and accurate recording of payments, rejections and returns
  • Regular contact / Relationship Management with our internal stakeholders to resolve issues relating to Banking
• Oversight and Support of Month End Processes; Reconciling Bank Balances to General Ledgers, validating that month end accounted cash positions are reflected accurately with full explanation on any reconciling differences
  • Resolve escalated unaccounted items by follow up, investigation, escalation etc.
  • Clear unreconciled items based on information provided Performing both internal and external Business Controls; Month End closing Sox Controls as an example
• Support of Credit Card Receivable Processes for the North America Region, validating that month end accounted positions are reflected accurately with full explanation on any reconciling differences
• Monitoring and / or Processing of payments for the Region directly in the Treasury Management System & ERP system based on underlying request within agreed timelines
• Working with our Corporate Banking Partners in the region for a resolution on any queries that are raised. (Payment Resolution, Remittance Confirmation etc.)
• Regional Cash Management
  • Support the preparation of Regional Cash Balances with appropriate actions being taken based upon the Regional Lead’s direction
  • Preparation of Regional Bank Charge Analysis; submitting Regional Charge Analysis to the Regional Lead.
• Participation in MGSS projects
  • Participation and leading MGSS projects including NGF to transform our existing system
  • Assist, guide and train BU’s, MGSS teams & BPO with the resolution of any process, transactional, and technical issues. 

This role requires:

• The ability to lead and empower team members effectively
• To perform root cause analysis and implement strategies to ensure activities are performed timely and accurately the first time.
• Being able to pivot easily to address business critical needs
• Provide direct input into MGSS roadmap, including the intended execution timelines
• To be part of a team that launches new technologies that will automate and standardize our global processes, helping us meet our cor