Financial Analyst

Magnit Global; Basking Ridge (NJ); Hybrid; USD 30,000 - 41,000; Full time

Benefits offered by this job

Health, Dental, Vision

401K

Job summary

Magnit Global in New Jersey is seeking a hybrid Finance Planning Analyst to support budgeting, forecasting, and internal reporting. The role combines strategic planning with operational finance, requiring collaboration across departments and strong analytical skills.

The ideal candidate has experience with S4/Hana and SAP Analytics Cloud, and is proficient in Excel. Hybrid/remote work is offered with onsite training as needed.

Qualifications

• BS in Finance or accounting required.
• 2+ years of experience with S4/Hana.
• 1 year of SAC experience (SAP Analytics Cloud).
• Operational budget experience required.
• Pharmaceutical industry experience preferred.
• Strong analytical and forecasting abilities.
• Proficient in Microsoft Office tools (Word, Excel, PowerPoint).

Responsibilities

• Support budgeting, forecasting, and financial reporting activities.
• Prepare internal reports and ad hoc analyses.
• Assist in change management initiatives for Global Digital Transformation IT.
• Prepare journal entries and account reconciliations for SG&A.
• Track accruals and explain variances to management.

Skills

Analytical skills

Forecasting

Budgeting experience

Communication skills

Cross-functional collaboration

Education

BS in Finance or Accounting

Tools

S4/Hana

SAP Analytics Cloud

Excel

Job description

Job Schedule: This assignment is mainly remote, using MS Teams and Outlook for communication. Candidates must be local and able to work onsite at least 1 day a week for initial training/ramp-up period. Once candidate is trained; then they would need to be able to come into the office as needed.

This role is primarily responsible for supporting strategic planning and analysis, budgeting and forecasting, internal reporting, ad hoc reporting and analysis, and change management initiatives for Global Digital Transformation (IT). The individual will be involved in budgeting and reconciliation of administrative spend for cost centers, budgeting and reconciliation of spend (A&P). sustain of the Financial Planning & Analysis data capabilities of Global Digital Transformation (IT).

Provide support to finance business partners in Global Corporate Planning staff by collecting, analyzing, and interpreting financial data to assist with budgeting, forecasting, financial reporting, and performance monitoring. Understand and track performance indicators, assist in preparing reports, identifying trends, and ensuring data accuracy. This role requires strong analytical skills,

Candidate should possess understanding of the causes of variances and provide management with impacts to expenses trends that are not accounted for in forecasting/latest estimates models. Planning and Forecasting – Facilitate the understanding of operational and financial requirements of department of the company, development of templates and coordination of the process for the Company’s Annual Strategic and Operating Plans, and support to budget managers through the capital planning process, as well as contribution in completion of the final reporting package to the parent company in Japan. Support journal entries and account reconciliations for relevant SG&A expense accounts.

Track and analyze accruals / expenses. Ensure adequate support for all related entries. Support audit requirements as needed by Corporate Accounting Director. Management Reporting – Responsible for the development, preparation, and distribution of adhoc reports and other analytics in cooperation with the Director, Global DX Financial Mgt & Shared Services.

Skills

Analytical capabilities, prior forecasting/Financial budgeting experience required.

Must have operational budget experience. Experience with pharmaceuticals preferred.

At least 2 years of experience with S4/Hana and 1 year of experience of SAC experience (SAP Analytical Cloud) are required as this will be used to research actuals and periodic journal entries / accruals.

Strong communication skills, conscientious self-starter with good organizational skills, project management skills and attention to detail.

Must be able to collaborate effectively with cross-functional partners at all organizational levels, including the C-suite.

Proficient in Microsoft Office Tools including Word, Excel (pivot tables and v-look-up), PowerPoint, and approved AI tools, etc.

Education

Minimum BS in Finance or accounting

Location: Basking Ridge, NJ (Hybrid or Remote -USA - ET zone)

Shift: 37.5 hours/wk

Pay rate: $22 - $30.22/hour (W2 only - based on experience and education)

Contract: 12 month

Health, Dental, Vision, 401K (provided minimum eligibility hours are met)

All qualified applicants will not be discriminated against and will receive consideration for employment without regard to protected veteran status, disability, race, color, religion, sex, age, sexual orientation, gender identity, or national origin.