Financial Analyst

Description

We are a leading manufacturer based in the United States, specializing in customizing and producing advanced transformer solutions. We are committed to providing cutting-edge electrical power solutions for diverse industries, including mining, renewable energy (wind and solar), industrial drives, rectifiers, and traction systems. Our expertise in designing dry-type transformers and related technologies has positioned us as an industry leader for over a century. We seek a Financial Analyst to join our team and contribute to our continued growth. Come grow with us!

The Financial Analyst reports directly to and assists the Controller/US Accounting Manager. The Financial Analyst is responsible for supporting the preparation of consolidated annual and quarterly financial statements, preparation and posting of monthly journal entries, assisting in preparing specific internal management reports, and assisting with corporate audits.

Key Responsibilities include:

Financial Reporting

• Accounting and Compliance – IFRS and US GAAP
• Collaborate with the Controller/US Accounting Manager in preparing the internal consolidated HPS financial results, including a detailed review ensuring completeness and accuracy per the established reporting deadlines.
• Preparation of account reconciliations on a regular basis
• Prepare, review, and analyze ad hoc information requirements as they are requested.
• Oversee reconciliation of intercompany transaction with subsidiaries and entities.
• Lead monthly department expense review meetings with Managers to ensure accuracy and appropriate management by departments.
• Prepare and enter monthly journal entries.
• Prepare and review monthly commissions
• Update weekly surcharges in connection with Ops review and charge customers monthly

Audit & Compliance

• Assist with preparing annual audit lead sheets and working papers as requested.
• Provide auditors with support and analysis

Costing

• Ad-hoc cost rolls
• Support annual standard cost roll
• Inventory reporting and analysis
• Investigate shipping and inventory issues as they arise

Budget & Forecast

• Ensure monthly reporting incorporates the appropriate/consistent budget and forecast values.
• Assist in preparing budget details for department Managers.
• Respond to questions about budget details as required.

Support and Projects

• Provide backup support to all functions within the Finance Department
• Ensure a culture of continuous improvement in the policies, systems, processes and methods of the supported functions.
• Develop understanding of the Business Intelligence Cube and utilize information to support other functions or information requests.
• Working closely with Controller/US Accounting Manager, IT ERP project manager(s) and IT teams to develop enhancements to ERP system and troubleshooting problems.
• Identify and implement continuous improvement opportunities through Transform initiatives.
• Plan and implement other department specific projects as required
• Financial reporting development as required.
• Complete budget analysis

Do you qualify? We are seeking:

• Bachelor’s Degree in Finance or field. Masters Degree or CPA designation preferred.
• 5+ years of experience working in the Finance.
• Strong working knowledge of both IFRS and U.S. GAAP.
• Excellent computer skills - excel, word, project.
• Strong organizational and communication skills.
• Ability to work under pressure and to deadlines.
• Ability to define problems, collect data, establish facts and draw valid conclusions.
• Ability to interpret an extensive variety of technical and business information and deal with several abstract and concrete variables.