Financial Analyst (Reporting)

Amway; Michigan; On-site; USD 70,000 - 100,000; Full time

Job summary

Amway is seeking a Financial Consultant based in Ada, Michigan to lead financial budgeting efforts and oversee various forecasting tasks. This role requires strong analytical skills and proficiency in Excel and financial reporting. The ideal candidate will work collaboratively with global teams, analyze financial data, and manage relationships effectively to enhance profitability.

Qualifications

• Proficiency in financial data interpretation; ability to synthesize data.
• Experience in preparing financial reports and budgets.
• Business-level English proficiency.

Responsibilities

• Lead financial budgeting and oversee forecasting.
• Collaborate with teams globally for data accuracy.
• Prepare executive financial reports and dashboards.

Skills

Analytical skills

Communication

Strategic thinking

Project management

Presentation skills

Team collaboration

Tools

Excel

PowerPoint

TM1

EBS

Hyperion

Job description

Posting Start Date: 11/7/24

Requisition ID: 40692

Responsibilities:

Financial consultant to ensure Sales and Operating Income Percentage Targets are achieved.

1. Lead financial budgeting for the company.
2. Oversee Budget and Forecasting:

• Sales forecast
• Gross Profit
• Operating expenses
• Capital expenditures
• Headcount

Detailed Responsibilities:

1. Partner with and support internal Finance Analysts to manage the business and maximize profitability.
2. Download large data sets and create reports using Excel pivot tables, v/x-lookup, and Power Query for financial analysis.
3. Collaborate with the Shared Services Center in Malaysia to ensure data accuracy.
4. Work with the Center of Excellence worldwide to analyze data.
5. Communicate with HQ regarding deadlines and requirements for budget, trimester reporting, and year-end review.
6. Update applicable regulatory and Amway financial policies on the Intranet.

Required Knowledge, Skills, and Abilities:

Analysis:

• Interpret financial data accurately and draw conclusions.
• Effectively communicate complex financial information verbally and in writing to influence stakeholders.
• Create reports, synthesize data into actionable insights, and design presentations for executives.
• Proficiency in Excel (pivot tables, v/x-lookup, Power Query, macros, formulas), database programming (TM1, EBS, Hyperion), and PowerPoint.
• Retail sales experience with understanding of industry specifics.
• Knowledge of financial principles, accounting, GAAP, and their applications.

Reporting:

• Prepare monthly, quarterly, and yearly financial reports, including executive decks, Excess & Obsolete reports, capital expenditures, sales forecasts, COGS, and distributor bonuses.
• Lead annual budget preparation and related forecasts for Japan Executive team and HQ.
• Monitor financial risks and opportunities, reconcile budgets vs. forecasts.

Innovation:

• Develop financial processes and improvements in a global matrix environment.
• Identify trends and develop KPIs and dashboards to enhance profitability.

Accounting:

• Manage processes related to ABOs and vendor payments.
• Ensure compliance with President Seal requirements.
• Coordinate with Japanese banks and support government surveys.
• Handle administrative tasks like managing correspondence and maintaining financial documents.
• Manage tax treaty applications.

Soft Skills:

• Team player with ability to build effective relationships across cultures.
• Strategic and critical thinking skills.
• Prioritization and ability to manage multiple tasks under pressure.
• Strong project management and communication skills.
• Effective presentation skills.
• Business-level proficiency in English.

Based in Ada, Michigan, U.S.A., Amway is a family-owned company guided by core values and founded on the principles of helping people realize their potential. We operate in over 100 countries and territories.

Amway complies with GDPR and has various visa, work permit, and immigration policies that may affect applicant eligibility based on location.