Senior Financial Analyst

BorgWarner•Auburn Hills, MI

7h•Hybrid

About The Position

BorgWarner Emissions Systems of Michigan Inc. seeks a Senior Financial Analyst based out of our office at 3800 Automation Avenue, Auburn Hills, MI 48326. This is a hybrid position requiring the employee to work from the office and from home, necessitating residence within a reasonable commuting distance. The role involves international and domestic travel up to 30% as needed. The Senior Financial Analyst will be responsible for the overall financial analysis of the Turbos and Thermal Technologies (TTT) Propulsion Technical Center (PTC), coordinating with various levels of management, including senior leadership, plant controllers, and corporate finance executives. This role provides analytical support for global PTC engineering financial reporting, consolidating actuals, forecasts, and budget/Long Range Plan (LRP) by department and cost center. Collaboration with Senior Engineering Management and the Director of Finance for Global Engineering on project reporting is key. The analyst will assist the BU Senior Financial Manager/Director of Finance and plant controllers, primarily in Mexico, with projects and analysis. Key activities include consolidation, accounting treatment, financial reporting, internal control/SOX compliance, financial analysis, budgeting, forecasting, risk management, audits, and tax. A significant part of the role involves working with Mexican plants to ensure internal control compliance, including reviewing account reconciliations and supporting documentation for risk and control matrices. The analyst will act as a liaison between the BU/Region and Mexican plants, supporting month-end close and forecasts to ensure alignment on reporting standards and deadlines. Responsibilities also include tracking customs billing, managing corporate tariff presentations, monthly tracking of Americas financial results, monitoring KPIs with variance analysis, and identifying/implementing process improvements. The role includes educating Mexico-based finance teams on financial systems and reporting, providing early warnings on business trends affecting the RU's performance (P&L, balance sheet, operational issues), and performing monthly financial closing, including journal entries and account reconciliations in SAP. The analyst will prepare monthly earnings call packages and quarterly balance sheet review packages. Collaboration with engineering and sales is required for R&D reimbursements and Prototype income, along with other assigned financial analysis duties.

Requirements

Bachelor’s degree in Finance, Accounting, or a closely related field
60 months of experience in job offered or related
60 months of experience with professional automotive finance or plant finance
60 months of experience with in depth variance analysis
Experience working with global finance teams and cross border reporting, including statutory reporting rules, maquiladora structures, and their financial/tax implications
Experience using SAP Enterprise/Voyager and OneStream
Experience in ERP migrations and exposure to business intelligence tools, including Power BI, and Tableau
Experience with risk and control matrix documentation and audit readiness
International and domestic travel, as needed up to 30%

Responsibilities

Overall financial analysis (balance sheet and income statement) of the Turbos and Thermal Technologies (TTT) Propulsion Technical Center (PTC)
Coordinate with all levels of management, including the TTT Senior Leadership Team, Plant Controllers, and Corporate Finance Executives
Provide analytical support and insight across global PTC engineering financial reporting, including coordination and consolidation of reporting by department and cost center for actuals, forecasts, and budget/Long Range Plan (LRP)
Work closely with Senior Engineering Management, including the VP of Engineering, his direct reports, and the Director of Finance for Global Engineering on project reporting
Assist the BU Senior Financial Manager/Director of Finance, and plant controllers, primarily in Mexico with projects and analysis
Conduct consolidation, accounting treatment, financial reporting, internal control/SOX compliance, financial analysis, budgeting, forecasting, risk management, audits, and tax
Work hand in hand primarily with Mexican plants to ensure compliance of internal controls, including but not limited to review of monthly account recons, proper documentation to support controllers on risk and control matrix
Act as a liaison between BU/Region and support Mexican plants with month end close and forecast to ensure alignment on reporting standards and deadlines
Track customs billing for customs border patrol for internal tracking purposes
Responsible for Corporate tariff presentation – ensuring cost and recoveries are properly tracked and consolidated for the region to support CEO report out
Monthly tracking of Americas financial results
Monitor KPI’s and provide variance analysis
Identify and implement process improvements
Educate Mexico-based finance teams on OneStream, SAP, Risk and Control Matrix, Proper reporting of Events analysis and FX implications of non-US based entities
Provide early warning on all business trends that affect the performance of the RU related to SA&O spend - including P&L, balance sheet, and operational issues, while identifying probable causes and solutions
Analysis of all financial reporting and accounting functions for the RU
Perform monthly financial closing, which includes the posting of journal entries in SAP and reconciliation of accounts
Prepare/submit monthly earnings call package and quarterly balance sheet review package for RU591
Collaborate with engineering and sales to ensure collection of R&D reimbursements and Prototype income
Other financial analysis duties as assigned