Terumo Medical Corporation Looking for Senior Financial Analyst at Somerset County, NJ Full Time

Job Summary:

Develops annual business plan, analyzes and monitors sales, standard costs and gross margin. Provides various sales reports, variance analyses, and forecasting reports to Department Managers. Provides Marketing with impactful reporting and analysis to support their product lines. Assists TMC accounting staff as needed.

Job Details:

1. Support the development of Annual Plan Consolidation & Reporting and monthly Forecasting; analyze Sales, Margins and Operating Profit for TMC entities.
2. Develop audit processes and procedures, identifying gaps and making recommendations.
3. Analyze Business Unit P&L’s through online (Hyperion) and offline (Excel) systems.
4. Prepare Management Reports including Year-to-Year bridge analysis & provide commentary along with analysis of risks & opportunities.
5. Assist in developing Business Unit Annual Plan and 5-Year Strategic Plan models.
6. Assist in development, and preparation of financial and operational KPI’s.
7. Prepare, develop and analysis of monthly, quarterly, and annual business intelligence (BI), operational and managerial reporting.
8. Partner with manufacturing to develop TIS product cost standards.
9. Prepare Other Cost of Goods sold variance analysis.
10. Prepare and analysis of Inbound and Outbound freight, partnering with Logistics.
11. Support the Excess & Obsolete (E&O) process, partnering with supply chain and making recommendations to reduce inventory write-off.
12. Partner with Marketing, supply Chain and Operations on the S&OP process, ensuring alignment with financial plan.
13. ERP reconciliations. Identify and resolve variances between general ledger and various sub systems.
14. Assist with monthly, quarterly, and annual closing, preparing closing journal entries for TMC entities.
15. Create and monitor Standard Operation Procedures for Financial reporting and Accounting.
16. Prepare quarterly & year-end audits by working closely with auditors and supplying information as requested.
17. Maintain and improve financial communication avenue with parent, Terumo Corporation.
18. Support TAH entities on financial and project analytics.
19. Assist in other general accounting projects as requested.

Working Conditions:

o This position exists in an office environment with occasional travel.

Position Requirements:

Knowledge, Skills and Abilities (KSAs)

o Must be highly motivated, confident individual who can handle multiple tasks in a fast-paced environment with limited supervision.

o Strong interpersonal skills, excellent communication (oral and written) skills.

o Able to work autonomously and within a team; can partner with associates at all levels of the organization and build genuine trusting relationships.

o Possesses strong financial, analytical, and critical thinking skills, intellectual curiosity, a keen focus on details but understands the big picture.

o Ability to take on difficult challenges and find creative solutions.

o Ability to perform accurately under the pressure of time constraints.

o Ability to effectively create and present financial information and respond to questions from senior management.

o Intermediate to Advanced Excel skills (ex: pivot tables, VLOOKUP functions)

o Strong understanding of overall ERP systems and standard operating procedures.

o Strong IT understanding of systems and processes.

Background Experience

o Requires a BS degree in a financial discipline, coupled with 5+ experience in an automated environment or equivalent combination of education, training and relevant experience.

o Experience with SAP system, Hyperion and sales reporting systems is preferred.