Senior Financial Accountant

2 weeks ago


Dixon, Illinois, United States BorgWarner Full time

Position Overview: The Senior Financial Accountant is responsible for executing comprehensive accounting tasks that uphold the accuracy of the Accounts Payable Ledger, the Income Statement, and the Balance Sheet.

Key Responsibilities:

  • Process and record all invoices for payment using SAP.
  • Identify and resolve any discrepancies or questionable invoice items/prices.
  • Investigate and address invoice discrepancies and vendor inquiries.
  • Oversee monthly and weekly payment cycles (ACH, wires, checks).
  • Support the Finance team and Controller with Accounts Payable challenges as they arise, and assist with various accounting and finance tasks as required.
  • Generate and analyze monthly and periodic reports (PPV & surcharges, GRIR, blocked invoices, price updates, etc.).
  • Prepare journal entries, conduct analyses, and perform account reconciliations while assisting with the Month-End closing process.
  • Develop Monthly Accounts Payable Cash Flow forecasts and conduct AAR variance analyses.
  • Maintain GRIR account aging and recommend actions to address related issues.
  • Perform general maintenance of Accounts Payable functions not specifically detailed above.
  • Provide assistance for Forecasting and Budgeting/LRP as necessary.
  • Analyze variances from budget/forecast.
  • Actively participate as a member of the Finance team to enhance processes continuously.
  • Encourage knowledge sharing and best practices to drive ongoing improvements.
  • Foster and maintain positive working relationships with stakeholders and team members.
  • Adhere to safety protocols, utilize required PPE, and comply with the plant's code of conduct.
  • Attend safety and health training sessions.

Qualifications:

  • Education: Bachelor’s degree in Accounting or Finance.
  • Experience: Minimum of two years of relevant experience.

Key Skills:

  • Comprehensive understanding of general accounting systems and standards.
  • Solid grasp of cost accounting systems and standards.
  • Strong mathematical abilities.
  • Excellent communication skills for both internal and external stakeholders.
  • Proficient computer skills, particularly in ERP systems and spreadsheet applications.
  • Exceptional planning and organizational capabilities.


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