Senior Business Financial Analyst
ABB
- Hackettstown, NJ
- Permanent
- Full-time
- Take the lead and collaborate on the preparation of financial reporting, business planning, budgeting, and forecasting documents and presentations
- Lead in sustaining the alignment with Accounting Policy, Internal Controls and Assurance while maintaining a proper audit trail and documentation for future audits and reviews
- Review proper classification and coding of income and expenditures
- Ensure accuracy and compliance with ABB procedures in general accounting practices, budgets, and policies
- Analyze and balance general ledger accounts, verify transactions and journal entries, accumulate, and maintain data, prepare schedules, variance analyses, and reports for management review
- Assist with the preparation of period-ending reports as well as assist with minor cost accounting responsibilities and special projects
- Month-end activities to include (but not limited to): account analyses, account reconciliations, journal entry creation, posting and review, inventory analyses, balance reconciliations
- Work with facility cycle counters to facilitate the daily cycle count process
- Administration of all capital projects from Creation to disposal
- Communicate with different project sponsors to check on the status of all ongoing projects
- Facilitate excess and obsolete inventory process
- Review and reconcile intercompany process
- Assist with general accounts payable inquiries
- Validate the accuracy of operational and financial data, business information and reports by performing reconciliations and reviews of exceptions
- Analyze the drivers of financial performance and identify trends. Prepare financial modeling for various “what if” scenarios and the overall impact on the factory. Special focus areas: product/business line profitability, product costing, production variances, over/under-absorption analysis/inventory analysis, incl. cycle count results, productivity analysis
- Optimize performance to increase productivity by developing automated solutions, eliminating duplication, and coordinating information requirements
- Establish and oversee processes and tools to obtain transparent and reliable financial data and business information
- Ensure timely and efficient communication with controllers and the relevant peers to identify and discuss issues and suggestions for improvement
- Bachelor’s degree in accounting, finance or business is highly preferred
- 8 to 10 years of experience in a cost accounting or factory financial analyst role
- Experience with computerized accounting systems and financial reporting software, including (SAP, Oracle, KBM or related financial systems)
- Cost accounting experience required
- English language skill(s) and proficiency
- Strong Microsoft EXCEL skills and demonstrate proficiency with other Microsoft Office products
- Candidates must already have a work authorization that would permit them to work for ABB in the US
- Retirement plan
- Life insurance
- Healthcare plan
- Wellbeing program
- Disability insurance