Financial Analyst

Job Description

Company Overview:

Belkin is a renowned consumer electronics accessories company dedicated to enhancing technology experiences worldwide. With a focus on innovation and quality, Belkin offers a diverse range of products, from mobile accessories to home automation solutions, ensuring users stay connected and empowered in today's digital world.

Position Overview:

As a Financial Analyst at Belkin, you will play a crucial role in driving financial performance and operational excellence across the organization. This position encompasses four primary areas of focus: New Product Introduction (NPI) process, Operational Expense (OPEX) Management, Corporate Financial Planning & Analysis (FP&A), and Sales Channel Support. You will collaborate with cross-functional teams to provide strategic financial insights and support decision-making processes.

Key Responsibilities:

FP&A

• Monthly financial analysis: Prepare monthly analyses of financial results, including financial statement variances against budget, trend analysis, and account analysis. Provide explanations and recommendations for gap closure or corrective action.
• Annual budget preparation: including preparing the financial budgeting model, uploading and validating data into the database, creating reports and analyses, and coordinating with key personnel from various departments.
• Financial metrics monitoring: Monitor key financial metrics and KPIs, providing insights to optimize business performance.

OPEX Management

• Help drive and update OPEX budgeting, forecasting, and variance analysis for R&D departments.
• Identify opportunities for cost savings, profit improvement, and tracking performance against targets.
• Oversee PM & Engineering Monthly Accrual/Reclass process, ensuring accurate allocation of expenses and adherence to accounting standards.

New Product Introduction (NPI) process:

• Partner with Global and Regional Product Managers to evaluate the financial feasibility of new product initiatives using financial modeling and scenario analysis.
• Monitor NPI budgets and forecasts, ensuring alignment with strategic objectives and financial targets.

Sales Channel Support

• Work closely with the sales team to analyze channel performance and profitability.
• Evaluate pricing strategies, promotions, and sales incentives to maximize revenue and market share.
• Provide financial support for sales forecasting, planning, and budgeting processes.

Other

• Ad hoc projects as required in support of business and strategic initiatives.
• Understand and follow company rules and regulations.
• Perform all other duties as assigned and required.

Education and Experience Requirements:

• Possess a BS degree in Finance, Accounting, Economics, or a related field.
• 2+ years of relevant experience within the consumer electronics or technology industry.
• Proven experience and knowledge of accounting concepts and financial statement construction.
• Advanced Excel: the ability to create complex functions, lookups, and pivot tables is a must.
• Data-focused: Acquired, analyzed, and leveraged data to drive forecasting and identify risks and opportunities for financial results versus plan.
• Attention to Detail: Meticulously reviewed financial data and reports to ensure accuracy and precision, maintaining a keen eye for detail in all aspects of financial analysis and reporting.
• Multi-tasking: Ability to juggle multiple projects at once and anticipate workload/issue impacts on team deadlines; positive work attitude, including willingness to work longer hours during peak periods.
• Communication Skills: Strong verbal and written communication, organizational, analytical, and interpersonal skills, with the ability to collaborate effectively across functional teams.

Preferred Qualifications:

• Experience with Hyperion Essbase, ERP System, Business Objects, and Power BI is a plus.

What you're getting into

We've got big collaborative spaces for your big ideas, so bring an open mind and leave your suit in the closet. We all are committed to creating unique and rewarding consumer experiences. Everyone is interested in succeeding – for the team, for themselves and for the business. Cross-functionally and across the company, everyone has common goals and aspires to be their best.

You will learn something new or at least look at things differently every day. There are so many smart and creative people around that you'll be motivated to pursue the ideal. 

Team spirit is infectious. Belkin is an extremely open workplace, where communication is essential. Not every idea will be accepted, but you'll be asked for your point of view. Innovation thrives on multiple and varied levels. At Belkin we challenge conventional wisdom and refuse to accept that something cannot be done.

Belkin is an Equal Opportunity and Affirmative Action Employer Disability and Veterans. We maintain a drug-free workplace.

All candidates applying for a job in the EMEA region, please review the Applicant Privacy notice HERE

Location:El Segundo, California

Range for this position:

$71,000 - $75,000

Factors such as geographic location, academic credentials, relevant experience, and specific knowledge, skills and abilities will influence the actual salary offered. In addition to a competitive market-based salary, compensation also includes a performance-based bonus, and in addition to a full range of medical, financial, and/or other benefits. Further details can be found here.

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