Staff Accountant/Analyst

3 weeks ago


Eatontown, United States Festo Full time

Summary of job contents

Under the direction of the Head of Finance, this position functions as a key contributor for the preparation, analysis, and submission of budget-related reporting packages as well as to control the company’s financial performance. The successful candidate will perform functions with hands-on expertise in budget development processes, including financial and cost accounting, product costing, inventory, and general ledger, as well as handle projects assigned by management.

Key accountabilities

 Prepare and comment monthly financial reporting package for FESTO US and assist in the preparation of the NAFTA financial report;

Initiate, along with the Head of Financial Planning & Analysis, the annual budget planning cycle through preparation and dissemination of the annual budget letter, including economic outlook, budgeting guidelines, and reporting schedule;

Coordinate and assist cost center leaders with the formulation of budgets, including operating expenses and capital expenditures, in accordance with corporate policies and guidelines;

Assist with the collection of planning data, perform data uploads in FESTO’s ERP systems and data analysis as required to produce reports in compliance with corporate reporting guidelines;

Maintain key figures used for actual and plan cost allocations in SAP;

Submit timely budget reports to Festo AG & Co in the required form and fashion;


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