Financial Analyst

2 days ago


Redwood City, California, United States LHH Recruitment Solutions Full time
Job Title Overview

A challenging opportunity exists for an Entry-Level Financial Analyst to contribute to a dynamic team ensuring accurate and timely financial transactions, including balance sheet activities and reconciliations.

This role offers the chance to work closely with cross-functional teams, enhance process efficiencies, and ensure compliance with financial standards and regulations in a fast-paced environment.

Main Responsibilities:
  • Revenue Recognition and Analysis: Review service contracts to ensure accurate revenue recognition or deferral.
  • Collaboration and Data Tracking: Collaborate with the service organization to record revenue from Preventive Maintenance (PMs), Trainings, and Qualifications.
  • Inventory Management: Track warranty returns to ensure instruments are returned promptly.
  • Cost Accounting and System Maintenance: Analyze and maintain cost accounting and inventory systems, including product costing, inventory control, variance analysis, and excess and obsolete inventory calculation.
  • Journal Entries and Reconciliations: Oversee and review the preparation of monthly journal entries and balance sheet reconciliations.
  • Physical Inventory Activities: Participate in physical inventory (PI) activities across all locations.
  • Annual Cost Roll Support: Support the Global Annual Cost Roll, working with product line managers to review new standards, inventory revaluation, and updates to labor and overhead rates.
  • Process Improvement and Reporting: Advise teams responsible for inventory activities and manufacturing processes, driving process improvements. Manage reporting to Global Operations and Management teams.
  • Closing and Auditing Support: Assist with month-end, quarter-end, and year-end closings. Support annual SOX testing, internal and external audits, and corporate balance sheet reviews.
Requirements:
  • Education and Experience: Bachelor's degree in Accounting, Finance, or a related discipline. 2+ years of relevant accounting experience.
  • System Knowledge: Strong knowledge of financial and operational systems.
  • Service or Cost Accounting Experience: Service or Cost Accounting experience is a plus.
  • Customer Service Orientation: Strong customer service orientation.
  • Time Management Skills: Excellent time management skills and ability to prioritize multiple tasks.
  • Independence and Supervision: Ability to work independently and without direct supervision.
Preferred Qualifications:
  • ERP Systems Experience: Experience with ERP systems, such as Oracle R12, is a plus.
  • Excel and Microsoft Office Proficiency: Intermediate to advanced Excel skills, and proficiency in other Microsoft Office products.
Estimated Salary: $66,000 per year

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