Senior Financial Analyst

Summary of job contents

Under the direction of the Manager Supply Chain Controlling the Sr. Financial Analyst position functions as a key contributor for the preparation, analysis, and submission of budget-related reporting packages in the Supply Chain Area. Performs functions with hands-on expertise in budget development processes, incl. financial and cost accounting, product costing, inventory, and internal control. Handle special projects assigned by management.

 

Key accountabilities

 The Sr. Financial Analyst supports the internal control system management Corporate Financial Planning & Analysis work focuses on short and long-term financial planning and/or financial analysis of business operations for the purpose of measuring and forecasting future business performance. This includes:

• Coordinate and assist cost center leaders with the formulation of budgets, including operating expenses and capital expenditures, inventory budget in accordance with Corporate policies and guidelines
• Assist with the calculation of planning data, perform data uploads and other duties as required to produce reports in compliance with corporate reporting guidelines;
• Perform detailed operational cost performance analysis, including the preparation of reporting packages for the management meetings;
• Supporting inventory analysis;
• Other tasks, projects and/or responsibilities may be assigned on a temporary or permanent basis.
• Analysis of internal financial information (e.g., profit loss accounts, financial statements,        
• working capital, costs, prices, expenses, revenues, rates of return, etc.)
• Analysis of external economic conditions and their impact on business operations (e.g., inflation, interest rates, exchange rates, etc.)
• Financial modeling to measure and forecast potential impacts of financial transactions and corporate development activities
• Communicates with co-workers, management, HQ and others in a courteous and professional manner.
• Managing projects / processes, working independently with limited supervision.
• Coaching and reviewing the work of lower level professionals.
• Complex problem solving.

 

Knowledge and Experience

• Bachelor of Science in Accounting/Finance, MBA is a plus
• 3+ Years of relevant work experience 
• Strong cost accounting skills, including target costing methodology and standard price system
• Strong SAP knowledge in FI, CO BW, EC-PCA, Logistic and Production functionality
• Ability to read, analyze and interpret financial reports.
• Strong PC and software skills.
• Internal control system oriented
• English language (German and/or Spanish a plus)
• High level of expertise in MS Office, Excel, SAP, Outlook, PowerPoint
• Working knowledge of Financial ERP Model, Manufacturing finance experience, Proven skills in budgeting processes, inventory and product costing.
• Minimum of 3 years manufacturing finance experience with proven track record. Hands on experience in budgeting processes, inventory and product costing.

Benefits

Festo Corporation offers a robust benefits package, which is designed to help employees and their dependents stay healthy, feel secure and maintain a work/life balance. This is just one way we strive to provide employees with a rewarding workplace. As an effort to keep pace with healthcare trends, Festo Corporation is committed to providing a comprehensive benefits package to its employees which includes...Medical, Dental, Vision, Flexible Spending Programs, Short-term and Long-term disability, 401k, Pet Insurance, Paid Holidays, Paid time off, Educational assistance and many more.

 

Festo is an equal opportunity employer.  We believe that the best way to attract and retain a diverse workforce is to encourage a culture of inclusion within our organization.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.