Financial Analyst (Finance and Accounting experience required)

Murata Power Solutions, Inc.•Westborough, MA

8d•Hybrid

About The Position

Murata Power Solutions is powering what's next in high-performance, sustainable power conversion. We focus on two of the most transformative technology markets: Server, Storage, and Networking (SSN) and advanced automation, including robotics and energy storage. Ranked among the world’s top five suppliers of advanced power electronics, we deliver one of the industry’s widest selections of standard power products and lead in the design of custom, application-specific solutions. Known for the quality of our technology and the strength of our team, Murata Power Solutions offers the opportunity to work with talented engineers and a leadership group committed to growth, innovation, and partnership with many of the world’s leading OEMs.Position SummaryThe Financial Analyst is responsible for providing accurate financial reporting, insightful analysis, and operational support to help drive informed business decisions. This role supports budgeting, forecasting, and variance analysis, with a strong focus on cost accounting and performance reporting. The Financial Analyst partners closely with accounting and operational teams to ensure financial data integrity, support month-end close activities, and improve financial processes

Requirements

A Bachelor of Science degree in Finance or an equivalent field is preferred.
Candidates must possess at least 2 to 4 years of relevant experience and/or training, or an equivalent combination of education and experience.
Proficiency in Microsoft Excel and Access is required
Strong technical skills in Excel, Word, and Access are essential.
Applicants must be legally authorized to work in the United States for any employer now and in the future.

Nice To Haves

Experience working with multiple locations and consolidating foreign subsidiaries into U.S. dollars is preferred.
experience with enterprise resource planning (ERP) systems is considered a plus.
Experience with the Avante/Epicor ERP system and Vena Solutions is an additional advantage.

Responsibilities

Assemble and summarize financial data to structure comprehensive reports on the company's financial status. Responsibilities in this area include preparing reports for the Board of Directors, assembling the parent company financial report package, preparing Profit & Loss statements, and creating segment reports.
Consolidate and analyze financial data with consideration for the company’s strategic goals and overall financial standing.
Execute the monthly calculation and analysis of Key Performance Indicators (KPIs) for the Finance department, ensuring accurate and timely reporting.
Conduct monthly consolidated financial comparisons, including analyses of actual results versus budgeted figures, and present variance analysis results to management.
Conduct quarterly benchmarking and industry analysis to monitor and compare performance against industry standards.
Support the annual budget preparation process for North America locations, including the development of templates and allocation of expenses.
Assist in designing, implementing, and enhancing financial forecasting tools and processes to improve accuracy and efficiency.
Maintain a portfolio of data-driven models, dashboards, and reports while proactively seeking opportunities to enhance their functionality and effectiveness.
Provide objective, analytical support to help inform and reinforce key business decisions.
Support the Accounting team by preparing, reviewing, and posting month-end journal entries, support the preparation of capital expenditure reports, reconciling balance sheets, and supporting cash management and cash flow forecasting efforts and yearly audit activities