Financial Analyst

Job Description

• Develop a thorough understanding of the Coherent Corp. financial close, reporting, budget, and forecasting processes and requirements.
• Process financial transactions, journal entries, and account reconciliations supporting monthly financial closings.
• Partner with shared services and global finance members to review and validate monthly financial information from domestic and international business units.
• Align on Corporate requests to ensure account roll-forwards and other requests for business information are completed accurately and timely.
• Ensure any required reserves are in place and appropriately supported.
• Assist in the process for attesting to the effectiveness of the company’s internal controls over financial reporting and accounting.
• Oversee accounting treatment of fixed assets, intercompany activity, and cash reconciliations performed by the shared service center, ensuring accuracy and completeness.
• Partner with operations and project managers to support capital projects and presentations, reviewing spend and closing out projects in a timely manner.
• Partner with tax and the Controller to understand transfer pricing strategies
• Perform ad hoc duties as required.

• Develop a thorough understanding of the Coherent Corp. financial close, reporting, budget, and forecasting processes and requirements.
• Process financial transactions, journal entries, and account reconciliations supporting monthly financial closings.
• Partner with shared services and global finance members to review and validate monthly financial information from domestic and international business units.
• Align on Corporate requests to ensure account roll-forwards and other requests for business information are completed accurately and timely.
• Ensure any required reserves are in place and appropriately supported.
• Assist in the process for attesting to the effectiveness of the company’s internal controls over financial reporting and accounting.
• Oversee accounting treatment of fixed assets, intercompany activity, and cash reconciliations performed by the shared service center, ensuring accuracy and completeness.
• Partner with operations and project managers to support capital projects and presentations, reviewing spend and closing out projects in a timely manner.
• Partner with tax and the Controller to understand transfer pricing strategies
• Perform ad hoc duties as required.

• Provide accurate and timely financial reporting on key financial metrics with appropriate analysis that allows leadership to effectively influence the course of the business.
• Review department expenses and headcount activity.
• Understand significant variances between forecast and budget.
• Explain monthly movements in inventory, with an emphasis on gross margin and aging value of WIP.
• Analyze gross margin and performance improvement initiatives that help drive business results including analysis of costing practices and accuracy.
• Assist in preparing monthly operational reviews and understanding current trends in productivity, yields, and work-in-progress.

• Assist controller with preparation of 5 Year Plan, Budget, & Forecasts.
• Prepare budget/forecast schedules for management.

• Support activities and requests from the Business Group.

• Bachelor’s degree in Accounting or Finance is required; CPA, CMA, or MBA is preferred.
• Minimum 3-5 years of experience inclusive of the following:
• Manufacturing accounting background, ideally worked in a vertically integrated manufacturing environment
• Experience with ERP systems, specifically Advanced Oracle experience and Hyperion, MS Excel
• Partnering with Shared Services and other functions outside of the…