Senior Financial Analyst

Job Description:

Job Title:
Senior Financial Analyst

What Timken makes possible begins with you.
Those who came before us helped land a man on the moon, create the world's infrastructure, and introduce renewable energy alternatives. Now you can join the Timken team to write your own unique story and help drive what's next.

A career at Timken means you can have an immediate impact doing Work That Matters to the world improving the efficiency of today's industrial equipment and preparing for the future of motion on our planet and beyond. New employees can start contributing right away, and there are many opportunities to advance your career at your own pace. Join our global team of 19,000 people in 45 countries, and start helping our customers push the limits of what's possible in their world of motion.

What We Offer:

Comprehensive Benefits Package:
Medical (including Fertility coverage), Dental, Vision and additional Supplemental Benefits including Pet Insurance, Identify Theft Protection, Legal Assistance and many more
We Invest in your Future: 401(k) Savings Plan with company match up to 4.5%, 100% vested in both employee and company-matching contributions, you may also be eligible for additional quarterly company contribution depending on your location
State of the Art Facility:
Enjoy on-site amenities such as cafeteria, gym, health clinic, walking paths and ergonomic support
Work-Life Balance:
Timken supports work-life balance through 10 paid holidays, a generous vacation plan and access to our Employee Assistance Program. We also offer Paid Parental Leave up to 12 weeks 100% paid for birth parent and up to 6 weeks 100% paid leave for the non-birth parent and adoptive parents
Life-Long Learning:
Competitive Educational Reimbursement Program, 24/7 access to thousands of personal and professional online development resources with best-in-class tools, learning offerings, and professional certification course

Purpose:

The Senior Financial Analyst - Industrial Motion will be exposed to major FP&A processes and functions for The Timken Company as well as exposure to entity reporting and control frameworks related to Global Consolidations and Accounting. This position provides strategic support to senior management including preparing presentations, analytics, and other financial projects. This is a key role in maintaining and improving current processes for Industrial Motion related to global annual business planning, forecasting, variance analysis and value-based decision making.

The Senior Financial Analyst is also seen as a subject matter expert in elements of the forecast and reporting as well as specific systems and works directly with the businesses to ensure timely and accurate reporting. The Senior Financial Analyst - Industrial Motion reports to the Controller - Industrial Motion.

Responsibilities

• Analyze current and past trends in key performance indicators including all areas of S&A, Capital Planning/reporting and cash flow
• Prepare quarterly and monthly financial reporting and analysis for senior management
• Consolidate and analyze monthly financial forecasts and annual budgets
• Assist in the development of financial models and analysis to support strategic initiatives
• Analyze financial information and reports to provide accurate and timely financial recommendations to management for decision making purposes
• Interface with various Industrial Motion business controllers and their teams around the world to ensure accurate reporting, forecasting and variance analysis
• Conduct Forecast Reviews of Balance Sheet, Cash Flow, S&A and Capital Reporting recommending adjustments to align the forecast
• Provide other ad hoc reporting and analysis as necessary to support the organization - Assist MPT business controllers with reporting gaps and training
• Assist with SAP system implementation

Technical/Functional Skills

• Strong analytical skills for variance/root cause analysis
• Strong communications and team skills
• General business understanding
• High proficiency with Microsoft Office applications
• One Stream expertise (preferred)
• SAP and Business Intelligence expertise (preferred)

Education

• Minimum: Bachelor of Accounting or Finance
• Preferred: Master of Accounting or Finance

Previous Job Experiences

• Bachelor's degree with 2 years of relevant FP&A experience. Experience with a global manufacturing company is preferred.
• Master's degree with 1 year of relevant FP&A experience. Experience with a global manufacturing company is preferred.

All qualified applicants shall be treated equally according to their individual qualifications, abilities, experiences and other employment standards. There will be no discrimination due to gender or gender identity, race, religion, color, national origin, ancestry, age, disability, sexual orientation, veteran/military status or any other basis protected by applicable law

Required

Preferred

Job Industries

• Warehouse & Production