Financial Analyst

Panasonic • Newark, NJ

6d • $90,000 - $100,000 • Hybrid

About The Position

Every moment of every day, people all over the world turn to Panasonic to make their lives simpler, more enjoyable, more productive and more secure. Since our founding almost a century ago, we’ve been committed to improving peoples’ lives and making the world a better place–one customer, one business, one innovative leap at a time. Come join our journey!

What You'll Get To Do:
Accounting and Financial activities Month-end close entries and review of general ledger accounts (accruals, reclasses, prepaid, balance sheet, T&E).
Prepare and present monthly financial reports to management and business units by review of balance sheet, income statement, and P&L through variance analysis and forecasting.
Processing and management of transactional invoices Whse management, Product Safety/Quality Assurance, HR services and related service administration, coordination and review. Will require tight communication, coordination and responsiveness to managers and client queries
Billing Posting and Review Monthly creation and posting of billing entries in SAP. Development of service rates. G/L account review.
Establish and maintain rapport with BUs by timely response of inquiries and adjusting entries as appropriate
Implementation and Administration of IT Billing solution
Work on centralizing and streamlining expense management, billing, and budget processes into current platform.
Use of benchmarking and comparative analysis to evaluate industry competitiveness and enhance business unit transparency.
Budget preparation and cost allocation
Assist in forecasting, analyzing, constructing, and allocating yearly budget to multiple business units.
Distribute allocations, create presentations, and create reports for management.
Ad-hoc Analysis Perform ad hoc financial analysis as needed and be engaged in Financial Project management.
Scope:
This position will report to the Director of Financial Services and will work closely with accountants, financial analysts and Operational service owners.

Requirements

• Bachelor’s degree in Finance or Accounting
• 5-year minimum experience in financial analysis or general accounting.
• Experience with ERP Systems; experience with SAP
• Strong Excel spreadsheet skills (v-lookup, pivots, macros).
• Strong analytical skills (Power BI, Google analytics, etc..) along with good judgment
• Ability to meet deadlines with the utmost attention to details
• Excellent communication and organizational skills
• Knowledgeable with Financial models, market research and benchmarking
• It is expected that this position be in consistent communication with other Panasonic business units, PEXNA Shared services group managers, and various other cross-functional teams.

Nice To Haves

• MBA or CPA preferred

Responsibilities

• Accounting and Financial activities Month-end close entries and review of general ledger accounts (accruals, reclasses, prepaid, balance sheet, T&E).
• Prepare and present monthly financial reports to management and business units by review of balance sheet, income statement, and P&L through variance analysis and forecasting.
• Processing and management of transactional invoices Whse management, Product Safety/Quality Assurance, HR services and related service administration, coordination and review. Will require tight communication, coordination and responsiveness to managers and client queries
• Billing Posting and Review Monthly creation and posting of billing entries in SAP. Development of service rates. G/L account review.
• Establish and maintain rapport with BUs by timely response of inquiries and adjusting entries as appropriate
• Implementation and Administration of IT Billing solution
• Work on centralizing and streamlining expense management, billing, and budget processes into current platform.
• Use of benchmarking and comparative analysis to evaluate industry competitiveness and enhance business unit transparency.
• Budget preparation and cost allocation
• Assist in forecasting, analyzing, constructing, and allocating yearly budget to multiple business units.
• Distribute allocations, create presentations, and create reports for management.
• Ad-hoc Analysis Perform ad hoc financial analysis as needed and be engaged in Financial Project management.

Benefits

• Panasonic prioritizes total well-being and offers comprehensive benefits options to support physical, emotional, financial, social, and environmental health:
• Health Benefits – Offering medical, dental, vision, prescription plans, plus Health Savings Account and Flexible Spending Account options.
• Voluntary Benefits – Life, accident, critical illness, disability, legal, identity theft, and pet insurance.
• Panasonic Retirement Savings & Investment Plan (PRSIP) – 401(k) plan with company matching contributions and immediate vesting.
• Paid Time-Off Benefits – Vacation, holidays, personal days, sick leave, volunteer, and parental & caregiver leave.
• Educational Assistance – Tuition reimbursement for job-related courses after six months of service.
• Health Management and Wellbeing Programs –Lifestyle Spending Account, EAP, virtual health management, chronic condition, neurodiversity, tobacco cessation, substance abuse support, and life stage and fertility resources. Available to eligible employees starting the first day of the month following your start date. Eligibility for each benefit may vary based on employment status, location, and length of service.
• Employee Recognition Program - High5 employee recognition and awards platform, quarterly and annual employee recognition
• Annual Bonus Program - Opportunity for an annual performance-based bonus.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 501-1,000 employees