Business Financial Analyst

Delta Electronics Americas; Fremont (CA); On-site; USD 80,000 - 100,000; Full time

Job summary

Delta Electronics Americas in Fremont, CA is seeking a Business Finance Analyst to support cost accounting, financial planning, and the Americas close process.

The ideal candidate has a bachelor's in accounting/finance, eight years of cost accounting and FP&A experience, and strong ERP/Excel skills; SAP experience is a plus.

Qualifications

• Bachelor's degree in accounting, finance, business or related discipline.
• Eight years of cost accounting, financial planning and analysis experience.
• Experience in a manufacturing and/or multinational corporation; audit experience a plus.

Responsibilities

• Support and administer the Cost Accounting, financial planning and analysis for Delta and Americas.
• Anticipate the monthly closing rolling process.
• Analyze month-end results and rolling forecast: revenue, COGS, expenses, headcount, inventory, AR.
• Investigate abnormal items, provide root-cause analysis and management recommendations.
• Coordinate consolidation, review and explanation of monthly/ quarterly/ annual statements; monitor KPIs.
• Lead the annual budgeting and strategy planning; manage the monthly rolling forecast.
• Implement standard cost updates; monitor variances; prepare COGS and production reports.
• Assist in compiling monthly financial reports for function management.
• Maintain policies for cost accounting, planning and inventory; suggest changes.
• Participate in productivity improvement and process re-engineering projects.
• Assist audits by providing requested documentation and following up actions.
• Collaborate with Accounting/Finance and other departments to ensure GAAP compliance.
• Support business development with due diligence and M&A decision support.
• Handle other assigned projects.

Skills

Critical thinking

Analytical skills

Time management

Communication skills

Teamwork

Organization

Education

Bachelor's degree in accounting, Finance, Business or related discipline

Tools

SAP

ERP systems

MS Excel

PowerPoint

Job description

Delta, founded in 1971, is a global leader in switching power supplies and thermal management products with a thriving portfolio of smart energy-saving systems and solutions in the fields of industrial automation, building automation, telecom power, data center infrastructure, EV charging, renewable energy, energy storage, and display, in nurturing the development of smart manufacturing and sustainable cities. As a world-class corporate citizen guided by its mission statement, \"To provide innovative, clean,n and energy-efficient solutions for a better tomorrow,\" Delta leverages its core competence in high-efficiency power electronics and its ESG-embedded business model to address key environmental issues, such as climate change. Delta serves customers through its sales offices, R&D centers, and manufacturing facilities, which are spread over nearly 200 locations across five continents. Delta has 158 sales offices, 72 R&D centers, and 48 manufacturing facilities worldwide.

Key Responsibilities

• The Business Finance Analyst will support and administer the Cost Accounting, financial planning and analysis efforts for Delta Electronics and its subsidiary entities in the Americas Region
• The Business Finance Analyst will anticipate in the monthly closing rolling process
• The Business Finance Analyst will provide the analysis of month end results and rolling forecast, which include revenue combination, COGS, expenses usage, headcount, Inventory, AR,..etc
• The Business Finance Analyst will dig in abnormal items, provide analysis of root causes and suggestions to managements
• Coordinate the consolidation, review, and explanation of monthly, quarterly, and annual operating financial statements for business unit. Monitor trends and key performance indicators
• Responsible for the annual budgeting process, annual strategy planning process, and monthly rolling forecast process
• Implement Standard cost (include Material, DL and OH) update; monitors unit cost variances, include production, Purchasing variance, Freight.etc. Prepares COGS and production reports as required.
• Assists in the compilation monthly financial reports for different function managements as required.
• Assists in the maintenance of policies and procedures for all cost accounting, financial planning and inventory transactions; recommends changes when appropriate.
• Participate or lead the productivity improvement and process re-engineering projects within organization
• Assist yearly internal and external audit processes by researching and providing documentation requested from auditors and following up any resulting actions
• Works cross functionally within the Accounting/Finance department and other internal departments to ensure proper reporting and adherence to established GAAP standards and internal policies
• A key member of the business development team with the responsibility to provide financial due diligence, integration planning on potential acquisition targets and provide decision support to executive management on M&A activity
• Other assigned projects

Minimum Qualifications

Required: Bachelor's degree in accounting, Finance, Business or related discipline.

Desired: Master's degree in accounting, Finance, Business or related discipline.

Experience Required

Required: Eight years of previous cost accounting, financial planning and analysis experience.

Desired: Experience in a manufacturing and/or multinational corporation. Audit experience a plus.

Technical And Professional Skills Required

• Critical thinking skills including the ability to identify and resolve moderately complex issues and communicate them to a diverse audience.
• Demonstrated advance proficiency with computer software to include MS Office (Excel, Word, and PowerPoint), E-Mail and ERP/financial accounting systems. (SAP work experience is a plus)
• Ability to identify and resolve moderately complex issues.
• Strong time management skills.
• Ability to prioritize and multi-task effectively.
• Cooperative – work well with others.
• Excellent communication skills, both written and verbal.
• Ability to communicate with all levels of the organization is required.
• Strong analytical skills.
• Positive attitude and energy.
• High attention to detail.
• Good organization skills.

Pay Range

USD $80,000.00 - USD $100,000.00 /Yr.

Benefit at Delta Electronics Americas

Life at Delta

EEO Statement

Delta Electronics Americas is an Equal Opportunity Employer and is committed to compliance with all applicable federal, state, and local laws. Delta Electronics America is committed to fostering a diverse, inclusive, and respectful workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, age, marital status, national origin, disability, veteran status, or any other protected characteristic.

Actual pay will depend on factors such as location, skills, experience, market conditions, and business needs. This role may also be eligible for incentive pay, subject to the terms of the applicable plan. Eligible employees receive company-provided benefits in accordance with plan terms and eligibility requirements. Benefits include health coverage, wellness resources, retirement savings plan, paid time off, and other company-sponsored programs; parental leave is provided in accordance with applicable law.