Financial Reporting and Audit Analyst

Financial Reporting and Audit Analyst

HITACHI HIGH-TECH AMERICA, INC.

POSITION DESCRIPTION

POSITION TITLE: Financial Reporting and Audit Analyst

DIV/DEPARTMENT NAME: (HTA) Corporate F&A (Accounting)

REPORTS TO: Senior Manager, Finance & Accounting

POSITION STATUS: Full Time

WORK LOCATION: (HTA) SFO (Pleasanton, CA) or CGO (Schaumburg, IL)

WORK STYLE DESIGNATION: Hybrid (+50% Remote)

WORK STYLE REQUIREMENT: Remote 4 days/Onsite 1 day

FLSA STATUS: Exempt

TRAVEL REQUIRED: Occasional

POSITIONS SUPERVISED: None

EXPECTED PAY RANGE: $71,631.62 to $98,493.48 Annually

The pay ranges listed above are for each position’s base pay only. This position may be eligible for other compensation including incentive pay and/or allowances. Candidates will receive additional information during the interview and selection process.

This position is responsible for the accuracy of financial statements of the company. The individual will support business activity of HTA’s sales divisions and advise management on the applicable accounting treatment related to new business proposals. The individual will also keep current with financial reporting standards and advise management of the impact related to any proposed regulation changes as well as managing their implementation.

Key skills required are sound business judgement, highly organized, detailed oriented, critical thinker, ability to work under tight deadlines, effective communicator and team player.

• Financial Reporting and Analysis of HTA:
  Ensure timely reporting of financials, and that all activities are in accordance with applicable laws and regulations i.e. IFRS, US GAAP, SEC requirements, and internal control requirements. Prepare position papers to submit to auditors for accounting treatment changes.
• Provide advice to sales divisions – knowledge of IFRS, US GAAP and tax regulations are required.
• Enhance business processes – explore opportunities, submit proposals and oversee implementation of changes that increase efficiencies.
• Utilize SAP system functionality, as well as other system’s functionality fully, to ensure accuracy of financials.
• Maintain metrics to ensure compliance and efficiency of F&A operation based on best practices.
• Utilize effective communication means (i.e. verbal and written) to keep divisional and corporate staff up to date on issues relating to Finance and Accounting.
• Perform Financial Analysis Balance Sheet and Income statement.
• Complete Month end and quarter end reporting requirements for Hitachi (Parent Co) financial consolidation.

• Maintain fixed asset policy for HTA.
• Process fixed asset activity and depreciation in SAP.
• Prepare quarterly, term and annual reports relating to fixed assets for Hi tree and mid-term forecasting.
• Budget appropriate level of expense for each fiscal year.
• Conduct and coordinate physical inventory count of fixed assets.
• Maintain Corporate Approval in SharePoint site, upload invoices and link to Fixed Asset Corp Approval.
• Track Investment activities compared to budget.

• Coordinate HTA annual audit activities with HTA divisions and EY (Earnst Young LLP - EY).
• Maintain open communication with EY and HTA stakeholders throughout the audit.
• Ensure that all requested audit work papers are submitted timely.
• Negotiate with EY resolution of issues – lead resolution of business issues with business owner and support the accounting treatment used by HTA. Consider EY’s expectations and proposals and reach an acceptable solution with EY. Minimize time of audit, minimize requests of audit, and manage timely completion of audit.
• Review of HTA audited report.

• Plan JSOX project schedule with outside consultants (KKorps) by following HHT direction and expectations.
• Review of process flows, risk control matrices and overall plan design with HTA division personnel, consultants and auditors. Manage activity of KKorps to ensure overall HHT compliance.
• Review testing results with consultants and implement remediation plan when necessary.
• Discuss any possible deficiencies identified, action plan proposed and ensure proper compliance of JSOX…