Consolidation Financial Analyst

3 days ago

Marlborough, Massachusetts, United States IPG Photonics Full time
Financial Reporting and Consolidation Specialist

IPG Photonics is seeking a highly skilled Financial Reporting and Consolidation Specialist to join our Corporate Finance team. As a key member of our team, you will be responsible for supporting our consolidated financial reporting processes in Planful.

Key Responsibilities:

  • Process close related jobs and tasks, including journal entries for financial consolidation and compiling financial reporting packages.
  • Provide Planful system support, ensure data integrity from subsidiary ERP systems to Planful, and troubleshoot issues within the close.
  • Review data loads and templates completed by the subsidiaries for accuracy, completeness, and operational trends.
  • Compile and communicate monthly foreign exchange rates to U.S. and foreign Finance teams.
  • Work with U.S. and foreign Finance teams to understand accounting practices and consolidate their monthly reporting packages.
  • Complete quarterly and annual government surveys.
  • Build and maintain Planful reports to enhance and improve the reporting process.
  • Administer the Planful database by maintaining the system dimensions and hierarchies.
  • Compile quarterly reporting packages for the Board of Directors and Audit Committee.
  • Compile monthly reporting packages for upper management.
  • Provide training to members of the finance team on utilizing consolidation system and changes in the consolidation process.
  • Coordinate with external auditors and internal resources to ensure timely and accurate delivery of audit schedules.
  • Ad-hoc projects including integrating new legal entities and improving the close process.

Requirements:

  • Experience: 3-5 years of accounting experience in financial close and/or consolidation process. Financial reporting experience pertaining to large, multi-national organizations focusing on manufacturing or technology a plus. SEC experience a plus.
  • Education: Bachelor's degree in Accounting.

Skills:

  • Display effective communication, interpersonal, and customer service skills.
  • Possess a high level of organization and attention to detail.
  • Be eager to learn.
  • Interest in and dedication to implementing and enhancing processes.
  • Previous consolidation systems experience, Planful (formerly Host Analytics) experience is a plus.
  • Some travel may be required.

IPG Photonics is an Equal Opportunity Employer and welcomes applications from diverse candidates.

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