Sr. Financial Analyst
About The Position
What Timken makes possible begins with you. Those who came before us helped land a man on the moon, create the world's infrastructure, and introduce renewable energy alternatives. Now you can join the Timken team to write your own unique story and help drive what's next. A career at Timken means you can have an immediate impact doing Work That Matters to the world— improving the efficiency of today's industrial equipment and preparing for the future of motion on our planet and beyond. New employees can start contributing right away, and there are many opportunities to advance your career at your own pace. Join our global team of 19,000 people in 45 countries, and start helping our customers push the limits of what's possible in their world of motion. Purpose: This individual will participate in all major FP&A processes and functions for The Timken Company including the monthly financial forecast, annual budgeting process, and variance analysis. This position provides strategic support to senior management by preparing presentations, investment analysis, industry/peer group comparisons, new business opportunity evaluations and other financial projects. This is a key role in maintaining and improving current processes related to global annual business planning, forecasting, variance analysis and value based decision making. This role is also viewed as a subject matter expert in elements of the forecast, reporting and financial systems. FP&A acts as the analytical engine of the business to provide insight and support for business decision making. This position reports to the Manager - Financial Planning & Analysis.
Requirements
- Strong analytical skills for variance/root cause analysis
- Strong communications and team skills
- Strong business understanding
- Strong strategic thinking
- Bachelor’s degree in Accounting or Finance or related field with at least 2 years' relevant experience.
- Candidate must be authorized to work in the US.
Nice To Haves
- OneStream expertise
- SAP and Business Intelligence expertise
- High proficiency with Microsoft Office applications including Power BI
- Experience with a global manufacturing company is preferred.
- Master’s degree in Accounting/Finance preferred.
Responsibilities
- Analyze current and past trends in key performance indicators including all areas of revenue, cost of sales, SG&A and cash flow
- Prepare quarterly and monthly financial reporting and analysis for senior management
- Consolidate and analyze monthly financial forecasts and annual budgets
- Develop financial models and analyses to support strategic initiatives
- Analyze financial information and reports to provide accurate and timely financial recommendations to management for decision making purposes
- Support senior management team and department heads with in-depth financial analysis
- Prepare presentations for senior management team
- Interface with finance managers around the world to ensure accurate reporting, forecasting and variance analysis
- Conduct forecast reviews of the income statement, balance sheet, and cash flow statement and recommend adjustments
- Provide other ad hoc reporting and analyses as necessary to support the organization
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Senior
