Financial Analyst

BorgWarner; Livonia (MI); On-site; USD 70,000 - 97,000; Full time

Job summary

BorgWarner is seeking a Financial Analyst at the Livonia, Michigan plant. The role partners with the Plant Controller to manage AP, billing, banking, and internal controls, while supporting monthly and annual financial cycles.

You'll help drive process improvements and work across teams to ensure financial goals are met with strong compliance and accurate reporting.

Qualifications

• Experience handling AP functions, vendor invoicing, and reconciliation.
• Familiarity with SAP and Concur expense reporting.
• Ability to prepare forecasts, budgets, and journal entries.

Responsibilities

• Manage accounts payable, invoice matching, SAP entry, vendor setup, and issue resolution.
• Manage billing, RMA issuance, and weekly shipping document reconciliation.
• Perform banking tasks: daily cash ledger, positive pay, and monthly reconciliations.
• Review plant spending vs forecast and coordinate corrective actions.
• Drive process improvements aligning with BorgWarner policies and goals.
• Support month-end close, budget/forecast, inventory, and standard cost cycles.
• Maintain internal controls and SAP change reports.
• Concur expense reporting administrator and record retention coordinator.
• Complete special assignments as required.

Skills

Accounts payable

Billing

Cash management

Financial analysis

Internal controls

Process improvements

Tools

SAP

Concur

Job description

The Financial Analyst will be a member of the Drivetrain and Morse Systems accounting and finance team. This position will work as a business partner to the Plant Controller with responsibilities for key finance dept roles with the goal to learn plant operations, build relationships, collaborate with internal customers, and operate an efficient and effective location. The position has visibility to local management and has a high impact to plant operations. This position is based at the Livonia, Michigan plant.

• Manage the Livonia accounts payable function including invoice matching, entry into SAP, vendor setup, management and ad hoc issue resolution.
• Manage the Livonia billing function including occasional billing, RMA issuance, and weekly shipping document reconciliation.
• Perform banking functions such as daily cash ledger and positive pay review, and monthly bank reconciliations.
• Communicate and schedule regular reviews of key plant spending performance vs. forecast. Assist in the identification and implementation of corrective actions to ensure target achievement.
• Drive process improvements and efficiencies ensuring BW policies and financial goals are met.
• Support the Plant Controller by participating in monthly, quarterly and annual plant financial cycles:
  • Assist during month end actual processing by preparing and recording scrap journal entries and related account reconciliations.
  • Assist in preparing plant forecast, budget and long-range plan.
  • Participate in the annual plant physical inventory.
  • Assist in data collection for the annual plant standard cost cycle.
• Maintain, enhance, and monitor internal controls including managing monthly SAP system change reports.
• Livonia Concur expense reporting administrator and annual record retention coordinator.
• Special Assignments – Responsible for completion of special assignments as required.

Salary Range: $70,400 - $96,800

BorgWarner is a global product leader in delivering innovative and sustainable mobility solutions. We are a company of innovators and independent thinkers that brings together talented employees, meaningful work and amazing technology in a unique environment. At BorgWarner we constantly work towards our vision of a clean and energy-efficient world.

BorgWarner promotes and nurtures a diverse and inclusive environment, honors integrity, strives for excellence, commits to responsibility for our communities and the environment, and builds on the power of collaboration. We believe the health and safety of our employees are a top priority.

We manage talent as seriously as we manage our businesses and encourage you to learn about our proud history, strong culture, technologies, and vision for the future. We offer positions locally and globally with over 90 locations in 19 countries. If this position energizes you and you feel you can help us achieve our mission and vision, you are invited to submit an application for consideration. You may see the list of requirements and feel you do not meet all of them. However, remember that BorgWarner thinks differently. If your qualifications align with the majority of those outlined in this job description, we encourage you to apply and share your experience and skills with us.