Financial Analyst

Staffmark Workforce Solutions offers this exciting contract opportunity at a global leader in electronics, mobile devices, and appliances located in Ridgefield Park, NJ.

Financial Analyst

Top Three Sets Required:

1. Analytical Skills
2. Proactive Communication
3. Large Data Management with MS Excel

Position Description

The position will take responsibility for entire company-level resource management by reviewing all cost-related items and managing overall expense DB for the entire company. Representing the company resource management team, the candidate will be managing budgetary expenses OHs and will provide detailed expense analysis to division controllers directly and CFO if necessary. Also, the position will manage the company workflow for Knox and the RMS system as well as the investment module.

Responsibilities

• Prepare and perform month-end closing from a managerial standpoint, using the SAP Controlling (FI) module while closely monitoring expenses/cost allocation of various profit segments/cost centers.
• By reviewing monthly/quarterly/yearly Profit & Loss (P&L) statements and other financial reports consolidating financial results, conducting profit analysis vs target, previous forecast, and prior year to track cost fluctuations.
• Investigate irregular financial trends by linking financial information with business results, previous variance analyses, in-depth raw data examination, and close communication with related business teams/divisions.
• Conduct 3-month business forecasts, including comprehensive forecasts on overhead expenses as well as of business environmental changes to provide better financial visibility to management.
• Maintain company overhead DB by cost center and general ledger level and utilize the database to respond to various requests both from the company and HQ.
• Review PUMIs for all shared services departments including Sales, Marketing, eCommerce, and Business Management in advance of the controllers approval, and make sure to understand the validity of the cost and calculate potential impact on P&L forecasts.
• Cooperating with the SDSA team, managing company workflows, and responding to FAQs in using Knox and RMS systems.
• Guide each functional team on the yearly budget on major expense items including IT expenses and Marketing expenses to manage subsidiary OH from a high-level perspective.

Requirements:

• A Bachelors degree in Accounting or Finance or a related field from a four-year college or university.
• Have at least 2-3 years of related accounting experience with previous financial modeling experience preferred.
• Have accounting experience utilizing SAP Software
• Must have Microsoft Office Suite of PC software applications experience with Excel spreadsheet preparation skills.

Staffmark talent working with this client receive competitive compensation and a great benefits package including medical, dental, vision, 401K, and Paid Time Off plus more!