The Senior Financial Analyst will be a key participant in the monthly close process, including (a) booking various U.S. journal entries for pension and other postemployment benefit (OPEB); (b) performing analytics to validate the numbers; (c) performing monthly account reconciliations; (d) performing SOX testing; (e) pension and OPEB tie-out process with the ledger, and (f) compiling the pension and OPEB footnote to the financial statements for 10-Q/10-K purposes.
This position requires considerable interaction with various internal departments such as SEC reporting group, SOX group, employment cost analysis, global compensation, third party administrators as well as the external auditors.
The Senior Financial Analyst will assist in various projects from time to time to support the management initiatives.
The role requires a high level of independent judgment, decision-making, accuracy, creativity and initiative.
Day to Day Responsibilities:
The Senior Financial Analyst works closely with the Senior Accounting Manager, Corporate Accounting (Compensation and Benefits), and perform the following role:
- Collaborates with other departments, such as Employment Cost Analysis, Global Compensation, International Regions/Business Units, and third party administrators to obtain information to support accounting activities, primarily for benefits group journal entries, analytics, reconciliations and completion of other critical financial close details.
- Coordinate with Consolidation and SEC Reporting Groups to provide requested information to be used for reporting/disclosure in 10-Q/10-K, Audit Committee slides, and Executives review.
- Will have the opportunity to analyze complex problems and research US GAAP requirements, interact with Technical Accounting Group, review or write related technical memos (with the support from senior manager and other team members), coordinate with international locations, and assist management in preparing relevant charts of data presentation, as required.
- Ensure compliance with the Accounting Policy Manual as it relates to employee benefits, as applicable, internal controls, and U.S. GAAP.
- Provides opportunity to closely interact with in-house actuary in annual valuations, while consulting with other groups and external auditors.
- Prioritize numerous projects in a fast-paced environment in order to meet key deadlines.
- Updating/preparing desk procedures for area(s) of responsibility and maintaining supporting documentation/files for area of responsibility
- Identify enhancements to work flows and analyze methodologies, as applicable, to improve the process
- Preferably a CPA, with strong accounting background, analytical, having initiative to dig in and learn and solve issues, having public accounting and/or any industry experience Ability to grasp the complex concepts of benefit plans, and apply US GAAP.
- Degree in Accounting and CPA or equivalent preferred - active license holder
- A minimum of 3 years of combined industry and public accounting experience. Employee benefits accounting experience preferred but not required
- Strong accounting, analytical, problem solving, interactive, communication skills, and understanding of internal controls
- Ability to research accounting issues, prioritize assignments/projects and multi-task to meet key deadlines
- Proficient computer skills in Microsoft Office applications. SAP GUI and Hyperion experience preferred
- Ability to assimilate information quickly in a consistent and accurate manner
- Self-motivated and adaptable to changing environment, with a desire to take on additional responsibilities, and embrace and manage change