Senior Financial Analyst, Margin Accounting and Costing

Role Summary

Senior Financial Analyst, Margin Accounting & Costing is responsible for monitoring margin accounting journal entries and daily costing runs to ensure that all costs and margins are reported in accordance with policy and provided accurately for financial reporting, forecasting, and analysis. The role involves routine contact with Affiliates and Financial Shared Service support staff to resolve reporting, costing, and system issues and requires working with large datasets to prepare variance analyses identifying margin and costing issues. It supports month-end close, margin ledger reporting, annual cost planning, and continuous improvement initiatives, and collaborates with cross-functional teams.

Responsibilities

• Ensure the worldwide consolidated cost of inventory and inventory related expenses are accurate.
• Perform costing analysis and identifies drivers of variances.
• Monitors the Robotic Process Automation (RPA) for margin posting programs in SAP to ensure the accurate results for the margin billed and margin relief journal entries.
• Perform monthly analysis/reconciliation between margin reports to ensure the auto margin calculation by Robot is correct.
• As a result of the reconciliation process, coordinate changes within the deferred margin program to BTS, including testing of reports and interfaces.
• Works directly with cross functional teams on process and financial reporting to ensure complete, accurate, and timely results. Understands monthly results and communicates issues to businesses supported.
• Works closely with affiliates and colleagues with margin related issues on a product SKU basis to ensure all components within that product are properly setup.
• Prepares the month-end margin journal entries including sweeping the PPV and SRV to the Intercompany Margin ‘Delta Profit’ pool.
• Resolve margin and costing questions from affiliates in a timely and accurate manner.
• Collaborates with team to investigate and resolve any variances in the monthly Book to Perpetual analysis by Product on the Margin ‘Delta Profit’.
• Support the annual Planning exercise.
• Supports ad hoc analysis, projects, and process improvements as needed.

Qualifications

• Required: Proficient Excel skills
• Preferred: SAP experience
• Preferred: Cost accounting experience in manufacturing; experience in supply chain finance operations
• Required: Minimum 4+ years of progressive and related experience

Education

• Bachelor’s degree in Finance or Accounting (Preferred)

Skills

• Strong analytical, communication, problem solving, and interpersonal skills