Cogent Infotech Corporation Looking for Financial Analyst II at Berkeley Heights, NJ, United States Full Time

Ideal Candidate Profile :

• The ideal candidate should have at least – years of experience in Corporate Finance and / or Accounts Payable, detail-oriented, very comfortable with financial systems, ability to build strong business partners (IT preferred) and has a working knowledge of accounting
• The candidate needs to be familiar with SAP, including financial transactions and has strong MS Excel skills

Job Description :

Position is primarily responsible for Purchase Order Management, including reconciliation of Goods Receipts to Invoices, ensuring consistent financial structure, and reducing time to pay vendors

Other responsibilities include financial reporting, consolidation, management of IT costs, including OPEX + CAPEX

Key Responsibilities :

• Review and approve Shopping Carts, including validating SOWs, financial structure, payment schedules, etc, providing necessary feedback to educate business partners to ensure compliance to accounting standards
• Reconciliation of Goods Receipts, Delivery Schedules, Invoices, etc aiming to significantly reduce not only when services are incurred, but time to pay vendors
• Perform month-end tasks, including YFAP report + entry (SAP systematic accrual to delivery schedules) and preparation of analysis for journal entries and manual accruals
• Consolidation of IT Americas Zone expenses including OPEX and CAPEX Expenditures for BC, BB, Data, and Retail domains

Communicate monthly actuals performance vs budget and highlight risks & ops

Monitor actual spending activities, analyze, and coordinate with domain controllers to report the financial performance to Senior management to explain monthly cost variances (including allocation variances) and identify areas of risk and opportunities

Partner with IT clients to drive solution to budget issues, assisting with resource prioritization and to ensure that overall financial commitments are met accurately

Work with zone BRMs, IT Budget Owners and CIO team to monitor and report on the status of current year Americas IT OPEX and CAPEX projects

Tasks

Day-to-Day :

• Approve POs and input in tracker
• Partner with IT Finance on business partner meetings
• Mid / end of month check :
• PO / expense / YFAP
• Communicate to buyers to GR or update delivery schedule
• Pull varies reports / large data sets for IT Finance financials
• Ad-hoc analysis as necessary

Prepare for month-end close :

• Capturing accruals with business partners & IT Finance
• Analyze Cost Center for coding errors
• Reconciling, investigate GRIR
• Prepare YFA, align with GAAP / Norms, investigate with BP

Entries / processes :

• Create IG Invoice for Tech Accelerator to Paris
• Compile all Prepaid entries to amortize on BS
• Determine if any expenses do not have PO’s to create accruals
• Analyze financials to reclass, ensure data quality

Budget / Trend :

• Compile Risk & Ops with Domain leads + IT Finance
• Input financial schedules into FT upload, validate PBI
• Reconcile and ensure financial consistency by Domain / BT Code / Cost Center

Qualifications :

• Position requires a bachelors degree, strong computer skills, including advanced user of MS Office Suite, specifically Excel, and strong working knowledge of Power BI
• The candidate must have strong analytical, problem solving, multi-tasking and communication skills
• Lastly must be detail-oriented, and can thrive in a dynamic, fast-paced work environment
hour ago