Financial Analyst
BorgWarner
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- Pay
- $70.4K to $96.8K
- a year
- Location
- Livonia, MI
- Work style
- On-site
- Job type
- Full time
- Posted
- Oct 16
- 3 days ago
Career path
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About the company
BorgWarner
Automotive · 10,001+ employees
What you'll do
- Manage accounts payable, billing, banking functions, and expense reporting at the Livonia plant.
- Support plant financial cycles, spending reviews, process improvements, internal controls, and special assignments.
Key skills
SAPConcurinternal controlsaccount reconciliationsplant forecastbudgetlong-range planprocess improvements
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Read the full posting here
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.
Financial Analyst
Key Accountabilities
· 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:
o Assist during month end actual processing by preparing and recording scrap journal entries and related account reconciliations
o Assist in preparing plant forecast, budget and long-range plan
o Participate in the annual plant physical inventory
o 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
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Salary Range:
$70,400 - $96,800
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