Principal Financial Analyst

Posted 3 Days Ago
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Amherst, OH
Senior level
Industrial • Manufacturing
The Role
The Principal Financial Analyst at Nordson provides financial analysis support to the MIS division, managing global sales reporting and metrics. Responsibilities include forecasting, reporting, and aiding in financial decisions through detailed analysis of sales trends, commissions, and expenses, while ensuring compliance with accounting standards and enhancing financial processes.
Summary Generated by Built In

Collaboration drives Nordson’s success as a market leader in Industrial Precision Solutions and Advanced Technology. Our employees thrive in an environment where we help each other reach our personal best and enable our company to continuously improve and grow, and our customers to succeed. You will find Nordson employees sharing our success by giving back in the communities around the world where we live and work.

JOB SUMMARY

Under the direction of the MIS Finance Director, the Principal Financial Analyst provides support to the MIS Leadership team by providing relevant and timely financial information to support decision making. This includes forecasting, reporting, and analysis around global revenue and SG&A spend for the organization. This individual will own Global Sales reporting and NBS metric reporting and assist in developing a monthly financial reporting.

ESSENTIAL JOB DUTIES & RESPONSIBILITIES

  • Responsible for providing financial analysis and support to all operational areas affecting the MIS division, including commercial sales, operations/production, and Division Leadership.
  • Be the Finance team’s champion behind NBS Next, which is the Nordson Corporation’s approach to rationalizing and growing product sales globally.
  • Lead the monthly sales forecast process and coordinate across both the global operations team as well as the sales teams in the Americas, Europe, and Asia.
  • Own the commissions process for Sales reps, including reviewing for accuracy and ensuring timely payment.
  • Develop and provide financial analysis and support for the MIS Finance Director, including sales trend analysis, gross margin analysis, spending and cost center analysis, sales commission analysis, headcount reporting, product line P&L analysis, and general balance sheet analysis.
  • Administers, maintains and improves FP&A and control policies, procedures, work processes and reporting systems to support growth and efficiency, while reducing complexity and increasing speed.
  • Assists in preparing current estimates, short-range plans, and KPIs.
  • Prepare and analyze daily orders, shipments & backlog reporting for multiple product lines/sites in MIS.
  • Participate in the month-end close, including preparation of required journal entries, account reconciliations, and prepare month-end variance analysis for the income statement and working capital.
  • Partners with Accounting to ensure accurate and complete financial records, including monthly closing efforts, and support issue resolution, in compliance with legal requirements, local accounting and US GAAP standards.
  • Meets corporate and divisional requirements in a timely and accurate manner.
  • Identify and implement best practices and continuous improvement opportunities in the Finance organization.
  • Utilizes appropriate financial analysis techniques, data, and prudent assumptions to evaluate financial results.
  • Assumes other special activities and responsibilities as required.

EDUCATION & EXPERIENCE REQUIREMENT

Detail-oriented, self-starter with strong communication and organizational skills. The successful candidate will have a proven ability to multi-task and work collaboratively as well as independently in a dynamic and entrepreneurial environment. The required qualifications are as follows:

  • Bachelor’s degree in Finance or Accounting, or relevant Business Management field
  • Minimum 5 years of relevant experience in finance and accounting, including exposure to international manufacturing and distribution operations.
  • Strong Microsoft Excel skills required.
  • Working knowledge of Power BI tool.

PREFERRED SKILLS & ABILITIES

  • Strong initiative, problem solving, financial analysis and communication skills.
  • Ability to work in a matrixed organization while keeping a clear understanding of the objectives and financial commitments of the businesses.
  • Superior technical financial skills, hands on data modeling skills, balanced with sound business judgment, including the ability to balance financial and operational factors, analyze complex business problems and develop appropriate solutions.
  • Ability to receive assignments in form of objectives with goals and process to meet goals outlined.
  • Able to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists.
  • Ability to interpret a variety of instructions furnished in written, oral, diagram or schedule forms.
  • Strong working knowledge of accounting software, Microsoft Excel, Powerpoint, Word and Power BI.
  • Ability to effectively present information and respond to questions from groups of managers; ability to write reports, business correspondence, and procedure manuals.

TRAVEL REQUIRED

None

Nordson Corporation provides equal employment opportunity to all applicants and employees. No person is to be discriminated against in any aspect of the employment relationship due to race, religion, color, sex, age, national origin, ancestry, disability, sexual orientation, gender identity, genetic information, citizenship status, marital status, pregnancy, veteran status or any other status protected by applicable federal, state, or local law. All employment offers are contingent upon successful completion of our pre-employment drug screening and background/criminal check, consistent with applicable laws.Third party recruiters and agencies should not contact employees of Nordson or its subsidiaries directly. Any resumes sent to a hiring manager or submitted to Nordson employees are considered unsolicited and property of Nordson. Nordson will not pay a placement fee unless the agency or recruiter has a signed contract with Nordson’s Human Resources department in advance of submitting a candidate for consideration. Verbal and written approvals will not be considered a valid contract for service.

Top Skills

Excel
Power BI
The Company
Sydney, Sydney
2,445 Employees
On-site Workplace
Year Founded: 1954

What We Do

Nordson is a team of 7,300 global employees thriving in an environment where they are supported and encouraged to be their best. Working side by side, we build meaningful connections with each other and our customers.

Together, we deliver products that are solutions, and they’re likely touching your life every day. Have you ever changed a diaper? Opened a box of cereal? Used a smart phone or driven a car? Then we’ve already met.

At Nordson, we take pride in being an outstanding corporate citizen and strongly believe in sharing our success with the communities where our employees live and work. Whether you’re working in one of our labs, offices or manufacturing facilities, your efforts will enable our customers to succeed and our company to continuously improve and grow.

We engineer, manufacture and market differentiated products and systems used for precision dispensing and processing in a variety of end markets, from packaging to transportation and medical to electronics.

Founded in 1954, we operate under the values of integrity, respect for people, customer passion, energy and excellence. Nordson is headquartered in the United States in Westlake, Ohio, and has direct operations in more than 30 countries to support our products and systems with application expertise and a direct global sales and service organization

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