Account Analyst

PURPOSE & MISSION OF ROLE

The purpose of this position is to collaborate across functional and geographical areas to account for, analyze, and control business performance while providing insightful financial perspectives rooted in a high-quality understanding of the company’s processes, systems, and financial statements. It requires providing timely, highly reliable, and consistent information for stakeholders to make informed decisions.

KEY RESPONSIBILITIES

1. ACCOUNTING, MONTH END CLOSE ACTIVITIES

– Support finance department by helping with A/P, A/R, Credit & Collection whenever necessary in order for the team to achieve deadlines and a high standard of excellence

– Contribute to on-time financial close cycles (including preparation of journal entries and account reconciliations).

– Process month end evaluation of work in process and review results.

– Prepare and review month end inventory analysis including obsolescence.

– Analyze, create and depreciate fixed assets.

2. ANALYTICS & REPORTING

– Create financial models to support organizational decision making (Profit Center, Cost Center and Product Analytics).

– Analyze and explain monthly/quarterly/yearly variances.

– Improve and maintain financial model templates.

– Responsible for month end KPI reporting to Group.

– Develop ad-hoc reporting and analysis as needed.

3. COST ANALYTICS

– Research and explain manufacturing and distribution cost variances.

– Proactively review results and initiate corrective actions when necessary.

– Manage overheads, analyze and maintain allocation rates.

– Ensure compliance with the application of accounting & costing standards.

– Recommend cost reduction opportunities.

4. BUDGETING

– Contribute to the budgeting cycles, by assisting with the development and allocation of the forecast as well as enter information into SAP/financial system.

– Track monthly expense vs. plan by cost center and collaborate with stakeholders.

– Identify cost control opportunities and improve efficiency and reporting.

5. COLLABORATION & TEAM WORK

– Provide input and recommendations for process improvements by respectfully challenging historical practices

– Proactively build mutually beneficial relationships with others, to better understand and utilize the resources available.

– Become a trusted and willing resource for the Group.

– Participation in different company projects.

REQUIREMENTS

– Bachelor degree in finance, accounting or equivalent work experience.

– Financial Analyst, Cost Analyst experience of 2-3 years in a manufacturing and distribution environment

– Superior knowledge of SAP (A requirement. Will not be considered without SAP experience).

– Superior MS Excel user.

– Desire to work in a fast paced, high growth environment.

– Excellent analytical skills, very comfortable with figures. Critical mind.

– Ability to complete work in a timely, accurate, and thorough manner.

– Proven ability to prioritize a range of responsibilities and adapt as business problems change.

– Eagerness to get involved and make a difference.

REPORTING LINES

− Position reports directly to the Finance Manager.

STAKEHOLDERS

− Group Finance Team.

− Operation managers and members of the teams.

− External Auditors for P&L and B/S matters.