Job Overview:
The Financial Analyst is responsible for financial forecasting, budgeting, reporting, and account reconciliation, while supporting month-end and year-end close activities. This role analyzes financial and operational performance, including SG&A spending, budget variances, KPIs, and business trends, to identify risks and opportunities and provide meaningful insights and recommendations. The analyst prepares and delivers recurring and ad-hoc financial reports, manages quarterly forecasts, supports short- and long-term financial projections, and simplifies complex financial information for leadership using tools such as Excel, Oracle, JDE, and Business Intelligence platforms.
ResponsibilitiesKey Tasks and Responsibilities:
- Financial Analyst is responsible for financial forecasting, budgeting, reporting, and account reconciliation
- The analyst should review the company’s finances with a critical eye - spotting data anomalies, trends, or deviations - and recommends and supports management’s strategies for improvement
- Assists the senior FP&A Manager and Controller with providing short and long-term financial projections
- The ability to simplify financial information to benefit the company leadership and decision-making is the daily domain of the analyst
- Development and communication of budgets and forecasts, financial reporting, operational analysis, and review of financials
- Consolidate and report financial results, and reconcile account balance
- Communicate financial and operational performance trends, historical and forecasted, using appropriate metrics
- Interpret and evaluate monthly analyses of business trends, including budget variance of financial results and Key Performance Indicators to identify areas of risk and opportunities and provide recommendations
- Analyzing SGA spending variances and Develop bridges and assist with commentaries, explaining variances from prior year, forecast, and budget
- Identify issues and proactively initiate analysis for financial statements
- Designs, develops, and delivers monthly, quarterly, annual, and ad-hoc reports, charts, graphs, and presentation materials tailored to divisional and leadership needs
- Manages quarterly forecasting for budgets incorporating operational trends, program, or strategic initiative changes, and updated financial or operational assumptions
- The analyst is also adept at software programs like Excel, Oracle, JDE and Business Intelligence tools
- Assist in month-end and year-end financial closing activities
- Ad-hoc analysis
Essential Qualifications and Education:
- Bachelor's Degree Accounting, Finance, Business Administration, or related business specialty
- Five years’ experience in data analysis, accounting, or financial analysis
Preferred Qualifications and Education:
- Advance degree in Finance/Accounting or MBA is a plus
- Experience with ERP (Oracle, or SAP) systems, Essbase, FCCS, EPBCS, and SmartView is a plus
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About UsFor more than 100 years, we've been making the impossible possible. Today, we're driving the energy transition with more than 30,000 of the brightest minds across 54 countries.
What We Do
McDermott is a premier, fully-integrated provider of engineering and construction solutions to the energy industry. Our customers trust our technology-driven approach to design and build infrastructure solutions to responsibly transport and transform oil and gas into the products the world needs today. From concept to commissioning, our expertise and comprehensive solutions deliver certainty, innovation and added value to energy projects around the world. It is called the “One McDermott Way.” Operating in over 54 countries, McDermott’s locally-focused and globally-integrated resources include approximately 40,000 employees, a diversified fleet of specialty marine construction vessels and fabrication facilities around the world. To learn more, visit www.mcdermott.com.
