Financial Analyst

Avnet Business Services GmbH

Avnet Business Services GmbH is the service provider of the Avnet Group in EMEA, founded in 2020. With its brands EBV Elektronik, Avnet Silica, Avnet Abacus, Avnet Embedded and Farnell, Avnet is one of the world's most successful distributors of semiconductor products and related services. Avnet is also an S&P 500 listed group. Employees in 70 countries set new standards every day in terms of innovation and quality, for which Avnet has been known in the market for 100 years.

Job Summary:

Reports, analyzes and interprets financial and operating data for accounting and business operations management. Generates financial forecasts and creates financial models to support the organization's financial and business planning decisions.
What's in it for You:

• Career evolution – continuous training & learning opportunities

• A supportive team environment where everyone really is working toward the same goal

• Participation in exciting and motivating projects

• A competitive salary

• Flextime working and hybrid model of working

• Number of annual leave day based on your work experience

• Life insurance and private health insurance for your children and yourself

• Holiday Allowance

• A strong open-door policy within management

• LinkedIn Learning license

• Fitpass Premium subsidy

• At Avnet, values such as integrity, customer service, responsibility, teamwork and innovation are highly valued.

Principal Responsibilities:

• Provides analytical support to management to include Profit and Loss (P&L) projections/forecasts, scenario planning, ratio analysis, budgeting, and cost analysis related to business models.
• Performs economic research and studies in the areas of rates of return, depreciations, working capital requirements, investment opportunities, investment performance and impact of governmental requirements.
• Gathers, analyzes, prepares and summarizes recommendations for financial plans, acquisition activity, trended future requirements and operating forecasts.
• Prepares journal entries, calculates accruals, allocates expenses, and closely interacts with the accounting team during the month-end close process.
• Responds to information requests from internal customers and others as assigned.
• Develops financial reports for forecasting, trending, and narrative results analysis for management.
• Develops and distributes standard and ad-hoc monthly reporting.
• Reviews and analyzes reports in order to verify results.
• Works with management to develop, monitor and report-out on key performance indicators for the business.
• Assists with the development, preparation, and presentation of short- and long-range financial plans.
• Other duties as assigned.

Job Level Specifications:

• Thorough knowledge of principles, theories and concepts in area of discipline. Competent in all job functions and has general understanding of the industry practices, techniques and standards.
• Develops solutions for a variety of situations and works on projects requiring evaluation and analysis. May refer to policies, practices and precedents for guidance; determines best course of action to achieve results.
• Work is performed independently and requires the exercise of judgment and discretion. May receive some limited guidance for new assignments. Work may be reviewed for overall adequacy.
• Collaborates with management and team members within the department/function and other areas of the organization. May represent department internally or externally.
• Actions may impact the success of the overall department and/or the organization. Failure to accomplish work or erroneous decisions may result in delays to projects, loss of revenue or allocation of additional resources to remedy.

Work Experience:

• Typically 3+ years with bachelor's or equivalent.

Education and Certification(s):

• Bachelor's degree or equivalent experience from which comparable knowledge and job skills can be obtained.

Distinguishing Characteristics:

• Knowledge of GAAP and complex accounting systems

#LI-AVNET
#LI-EMEA

The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills.

Avnet is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability. If you are interested in applying for employment with Avnet and need special assistance or an accommodation to apply for a posted position contact our Human Resources Service Center in your region: Americas applicants – [email protected], Asia applicants - [email protected], EMEA applicants - [email protected].

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