Financial Analyst - (PR26107)

Posted 5 Days Ago
Roanoke, VA, USA
In-Office
70K-105K Annually
Mid level
Industrial • Automation • Manufacturing • Renewable Energy
The Role
Performs monthly and annual financial close activities, project and inventory accounting, GL reconciliations, variance analysis, project costing, contribution margin analysis, intercompany profitability analysis, and monthly consolidation. Prepares management reports, monitors foreign entity financial and tax processes, reviews accruals and reserves, assigns project labor rates, and supports policy compliance and process improvements across a global multi-entity business.
Summary Generated by Built In

General Role Description

Provide financial, tax and business analysis services to a multi-business unit, multi-entity, multi-currency driven global business


Role Accountabilities

·         Perform accurate and timely completion of the monthly and annual financial closing processes for the areas assigned

·         Perform month-end closing of the projects, purchasing, and inventory modules

·         Perform variance analysis of and account reconciliation for assigned General Ledger (GL), taking corrective action, as necessary, to adjust the GL based on the analysis

·         Validate the accuracy of project cost accounting and provide analysis on contribution margin (CM) to the assigned business units

·         Analyze sales and COS elements for projects and request appropriate adjustments from business unit (BU) personnel, if needed

·         Analyze and ensure accuracy of intercompany sales and contribution margin split among Company entities for multi-entity profitability management

·         Consolidate monthly results

·         Ensure accurate and timely closing of projects, project accruals, and unbilled accounts receivable, in coordination with appropriate personnel

·         Generate data and reports for the monthly management reporting package, as assigned

·         Perform analysis of and account reconciliation for high volume/value GL accounts

·         Perform variance analysis for major expense accounts

·         Review project accruals and request appropriate adjustments from BU personnel

·         Review warranty and concession reserves/costs as assigned and report major variances to the immediate manager

·         Monitor financial and tax policies, processes and outputs of foreign branches/subsidiaries, assess and report impact to the foreign entities to management

·         Close projects, in coordination with appropriate BU personnel

·         Assign project labor rates


General Employee Accountabilities

·         Bring full effort to bear on tasks assigned by manager

·         Give manager best advice

·         Give earliest notice when work cannot be delivered as specified

·         Cooperate and collaborate with peers and interact cross-organizationally as specified by manager

·         Exemplify Company Core Values: Integrity, Client Focus, Team Orientation, and Personal Commitment

·         Comply with all Company policies, practices, and procedures and all regulations and laws

·         Recommend viable improvements proactively

·         Ensure effective utilization of business tools and processes


Requirements

  • ·         BS in Accounting or Finance or equivalent via education and/or work experience
  • ·         3 years’ financial analysis experience
  • ·         4 years’ total experience of accounting or finance professional level work
  • ·         Demonstrated analytical and creative problem-solving skills
  • ·         Demonstrated successful working relationships with clients, suppliers, and other internal and external contacts
  • ·         Demonstrated successful and positive personal leadership, interpersonal, organizational, administrative, and communication skills
  • ·         Demonstrated continuous improvement in areas of responsibility
  • ·         Proficiency in MS Word, Excel, Access, and Outlook
  • ·         Proficiency in financial module of ERP system
  • ·         Availability to travel domestically less than 5%

Preferred Qualifications

·         Demonstrated continuous improvement in areas of responsibility

·         Demonstrated ability to analyze and project impact of multi-currency, multi-entity transactions on projects and GL accounts

·         Demonstrated knowledge of applicable legislation and regulatory guidelines and their impact on business processes

·         Demonstrated knowledge of financial aspects of foreign affiliates and related accounting processes

·         Experience in a business which measures results principally by project and by levels of overall support costs

·         Proficiency in financial module of Oracle ERP system

·         Demonstrated project costing experience

·         International operations experience

·         Demonstrated knowledge of foreign and US taxes with regard to business operations

·         Experience in a business with foreign ownership, preferably Japanese

·         CPA or CMA

Hiring Range: $70,000 - $105,000


Link to TMEIC Corporation Americas website

https://www.tmeic.com/. To be considered an applicant for any available positions, individuals must complete an online job application for each posting. A resume may be attached to the online application but is not considered a substitute for the information in the application. Applications will be considered only for the specific position for which the application is submitted.


EEO/AA/M/F/Vet/Disability Employer


Skills Required

  • Bachelor’s degree in Accounting or Finance, or equivalent education and/or work experience
  • Three years of financial analysis experience
  • Four years of professional-level accounting or finance experience
  • Analytical and creative problem-solving skills
  • Successful working relationships with clients, suppliers, and internal and external contacts
  • Leadership, interpersonal, organizational, administrative, and communication skills
  • Continuous improvement experience in areas of responsibility
  • Proficiency in Microsoft Word, Excel, Access, and Outlook
  • Proficiency in an ERP system’s financial module
  • Availability to travel domestically less than 5%
  • Ability to analyze the impact of multi-currency and multi-entity transactions on projects and GL accounts
  • Knowledge of applicable legislation and regulatory guidelines and their business-process impact
  • Knowledge of financial aspects of foreign affiliates and related accounting processes
  • Experience in a project-based business measuring overall support costs
  • Proficiency in Oracle ERP financial modules
  • Project costing experience
  • International operations experience
  • Knowledge of foreign and U.S. taxes related to business operations
  • Experience with a foreign-owned business, preferably Japanese
  • CPA or CMA certification
Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company

What We Do

TMEIC Corporation Americas designs, develops, and engineers advanced automation systems, large AC and DC motors, photovoltaic inverters, and variable frequency drives, specializing in industrial markets such as renewable energy, metals, ports, oil & gas, and mining.

Similar Jobs

Comcast Logo Comcast

Software Engineer

Digital Media • Information Technology • News + Entertainment
Hybrid
Reston, VA, USA
115000 Employees
120K-180K Annually

Comcast Logo Comcast

Account Executive

Digital Media • Information Technology • News + Entertainment
Remote or Hybrid
Virginia, USA
115000 Employees
42K-99K Annually

Comcast Logo Comcast

Back-end Engineer

Digital Media • Information Technology • News + Entertainment
Hybrid
Reston, VA, USA
115000 Employees
142K-213K Annually

Tapestry - Coach and Kate Spade Logo Tapestry - Coach and Kate Spade

Temporary Sales Associate

eCommerce • Fashion • Retail • Sales • Wearables • Design
Hybrid
Woodbridge, VA, USA
16000 Employees
15-20 Hourly

Similar Companies Hiring

Fortune Brands Innovations Thumbnail
Manufacturing
Deerfield, IL
10000 Employees
Rosendin Thumbnail
Other • Manufacturing
San Jose, CA
6219 Employees
Amalgamated Sugar Thumbnail
Food • Greentech • Agriculture • Industrial • Manufacturing
Boise, Idaho
768 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account