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Financial Analyst

2 months ago

Lexington, United States LM Wind Power GE Full time

Since 1965, Stoneridge has designed and manufactured advanced, award-winning technologies including driveline and transmission actuation systems, vision systems, emissions control systems, safety systems, and security and monitoring systems for vehicle OEMs in the commercial vehicle, automotive, off-highway and agricultural vehicle markets.

We’re focused on the areas of greatest market need – both today and tomorrow. Our core products and technologies are aligned with industry megatrends including safety and security, vehicle intelligence, fuel efficiency and emissions.

Join the Stoneridge Team as we continue to build upon our strong history and reputation for quality products to deliver innovative products and systems that address a need, exceed our customers’ expectations, and motivate our team. Job Summary: The Financial Analyst will serve as a key business partner, working with departmental budget owners to ensure timely and accurate financial results while providing clarification around variances within the monthly financial statements. This position will also oversee cost roll updates, cost roll calculation, inventory controllership and support the annual physical inventory. This position will serve as an active member of the quarterly forecast and annual budget processes. Highly cross functional role with exposure to various areas of the business. Responsibilities: Specific duties include, but not limited to: Assist in month end closing process by preparing journal entries, performing various month end analytics, and assisting in preparing various financial reports Perform month end activities within close cycle timing Maintain the general ledger by identifying and correcting inconsistent data Perform quarterly analysis and reporting Perform detailed financial analysis, identify opportunities and drive continuous improvement Provide recommendations related to findings from financial analyses and understanding production needs Analyze general ledger data versus budget or forecast and review variances by considering sources, current business activities and historical trends Perform operational reporting to support adherence to budgets, awareness of cost savings accomplishments, and cost savings opportunities Standard reporting and reconciliation for inventory and scrap Collaborate with various cross-functional teams to identify inventory issues and root cause Key individual in annual standard cost updates, including new product costing, ensuring proper inventory valuation and physical inventory management Review standard and actual costs for inaccuracies; maintain costs through the year Work collaboratively with other functions and support reporting from a business level unit to a corporate level consolidation Participate and help organize and support annual physical inventory Support regular budgeting and forecasting planning initiatives Support the requirements of internal and external audit activities Partner with other members of the finance department to support team goals Ad hoc financial analysis to challenge the status quo; proactively look for financial relationships to be evaluated to improve operational performance Other ad hoc analysis as requested Qualifications:

Bachelor’s degree in Accounting or Finance or related field Minimum 1-3 years related experience in a (preferably automotive) high volume manufacturing environment Proficient in MS Word, Excel, PowerPoint and Teams Excellent oral and written communication skills Strong attention to detail and organization Self-motivated individual able to recommend solutions and work independentl Excellent analytical and problem solving skills Ability to work effectively and professionally at all levels Understanding of General Accounting and Cost Accounting principles Stoneridge is an Equal Employment Opportunity Employer. We do not discriminate against any applicant or employee based on race, color, religion, national origin, gender, age, sexual orientation, marital status, mental or physical disability, genetic information, veteran status or any other characteristic protected by the applicable laws in the countries we operate. Stoneridge also prohibits harassment of applicants or employees based on any of these protected categories. Join the company that’s driving the global transportation industry

Stoneridge is seeking highly-motivated individuals to be a part of our talented team that creates and delivers technology solutions to customers in the transportation industry worldwide. We offer a challenging but rewarding environment with global opportunities. We believe our diverse workforce contributes to our ability to better serve our customers by offering greater creativity, collaboration and productivity.

Stoneridge is an Equal Employment Opportunity Employer. We do not discriminate against any applicant or employee based on race, color, religion, national origin, gender, age, sexual orientation, marital status, mental or physical disability, genetic information, veteran status or any other characteristic protected by the applicable laws in the countries we operate. Stoneridge also prohibits harassment of applicants or employees based on any of these protected categories.

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