FP&A Financial Analyst

LG Electronics • Troy, MI

23h

About The Position

LG Magna e-Powertrain USA, Inc. is a Southeast Michigan-based subsidiary formed as a joint venture between LG Electronics Vehicle Solution and Magna International. The company provides engineering, sales, and quality solutions for electric vehicle products, including drive motors, power conversion devices, and integrated systems.

The Senior Financial Analyst analyzes and manages the Company’s business performance and operations, and delivers accurate, timely financial information to support management decisions and Company goals. The role is a key point of communication with Headquarters regarding Company operations, management, and performance. It supports business planning, budgeting, forecasting, performance and KPI management, financial analysis, and continuous improvement of procedures and reporting.

Requirements

• Bachelor’s degree in finance, accounting, business administration, economics, or a related field.
• At least five years of professional finance experience.
• Proficient knowledge of accounting and finance, including variance analysis.
• Expert knowledge of Excel, including pivot tables and formulas, PowerPoint, and Word.
• Ability to deliver timely and accurate information.
• Ability to identify patterns across situations that are not obviously related and identify underlying issues in complex situations.
• Experience working with online analytical processing databases and preparing executive-level reports and presentations.
• Currently authorized to work in the United States on a full-time basis; the employer will not sponsor applicants for a work visa.

Nice To Haves

• Working knowledge of International Financial Reporting Standards and U.S. Generally Accepted Accounting Principles.
• Demonstrated ability to build accurate financial models, communicate complex information clearly, and deliver compelling presentations.
• Conversational or higher-level Korean-language proficiency is desirable.

Responsibilities

• Establish and forecast short-term and mid- to long-term business plans.
• Develop and prepare financial plans and budgets, and interpret financial reports.
• Create financial forecasting scenarios to support business-planning decisions.
• Manage and monitor annual budgets allocated to business units.
• Manage investment activity and related budgets.
• Communicate with Headquarters regarding Company operations, management, and performance.
• Prepare management presentations on business operations and financial results.
• Provide accurate and timely financial information to management.
• Analyze and manage Company business performance and support analysis of overall Company results.
• Manage and monitor Key Performance Indicators (KPIs).
• Evaluate and report on inventory KPIs by comparing actual results with plans and latest estimates.
• Conduct variance analysis and identify drivers of differences between actual results, plans, and forecasts.
• Conduct financial analyses and economic research and studies.
• Collect, compile, verify, and analyze financial information and economic indicators for senior-management decisions.
• Analyze and forecast financial, economic, and other data to support strategic and operational decisions.
• Analyze financial implications of proposed investments and other transactions so senior managers can evaluate alternatives against business objectives.
• Develop, establish, and continuously improve financial procedures and reporting.

Benefits

• No-cost employee premiums for eligible employees and dependents for medical, dental, vision, and prescription benefits.
• 401(k) Retirement Savings Plan with company matching contributions, immediate vesting, and several investment options.
• Paid Time Off program including company holidays and a combined bank of paid sick and vacation time.
• Performance-based short-term incentives, varying by role.
• Confidential mental health resources for employees and their loved ones.
• Personal fitness goal incentives.
• Paid parental leave.
• Support for families raising children with learning, social, behavioral challenges, or developmental disabilities.
• Group-rate life and disability insurance.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior