Sr. Financial Analyst

Job Description

The Business Unit Senior Financial Analyst will be required to present accurate financial results, maintain adequate internal controls, and drive results within the plant.  The candidate will be responsible for all financial and reporting duties required by the business unit at the site.  A successful candidate will be able to analyze financial information, communicate results, and provide actions for improvement to senior leadership teams.

Job Responsibilities

Responsibilities for this position include, but are not limited to, the following.

• Partner to related BU and division controllers and company finance functions.
• Perform cost analysis and follow-up on all cost categories (variable costs, OVC, FE etc.) on monthly and ad hoc basis.
• Check deviations between planned and actual costs and make proposals to minimize them.
• Perform analysis and follow-up on sales and profitability on monthly and ad hoc basis.
• Present financial performance results and policies to Management to take appropriate business decisions.
• Working with the different departments on improving results, understanding gaps and helping to close gaps.
• Provide financial information needed for different departments for analyses.
• Ensure all accruals are revalued as necessary.
• Preparation of monthly plant forecast, including deviation analysis to budget and previous forecast.
• Timely and accurate preparation of financial management reporting for the plant (including KPI reporting analyses, trends).
• Identifying and communicating risks and opportunities to Management Team resulting from analysis. Make proposal for correction and improvements. 
• Assisting and advising on new processes and procedures.
• Responsible for the coordination and preparation of the annual budget ensuring total plant budget meets targets provided by BU Controller/Leadership.
• Assisting project leaders in preparation of new DCF models, localizations and follow-up.
• Training of organization at all levels within the plant.
• Facilitate yearly costing run and secure organizational involvement in validation of standards, including monthly material ledger.

Background & Skills

Required (basic) qualifications:

• Bachelor’s or Master’s degree in finance/accounting or similar is mandatory; any other certification in finance and accounting will be highly valued
• 3+ years’ experience in controlling or finance in an international manufacturing company   
• Able to work in the US without sponsorship, both now and in the future         

Preferred qualifications:

• Certifications in finance and accounting will be highly valued

Job Criteria:

• High level of proficiency in IT tools (e.g. Microsoft Office - especially Excel, PowerPoint)
• Demonstrate strong analytical skills
• Define problems, collect data, establish facts and draw valid conclusions
• Interact with sensitivity in a cross-cultural environment
• Demonstrate excellent verbal and written communication skills

At Danfoss, we believe that a diverse and inclusive workplace fosters creativity, innovation, and a broader perspective in decision-making. When you consider this job posting, do you feel like your profile is not a perfect match? Numerous studies have found that women and people of color are more likely to apply only when they meet all requirements listed in the job posting. Even if you do not check all the boxes, we encourage you to apply anyway. We are curious to find out how you can bring new insights to the role or to Danfoss as an organization.

Employee Benefits

We are excited to offer you the following benefits with your employment:

• Bonus system
• Paid vacation
• Flexible working hours
• Pension plan
• Personal insurance
• Communication package
• Opportunity to join Employee Resource Groups
• State of the art virtual work environment
• Employee Referral Program

This list does not promise or guarantee any particular benefit or specific action. They may depend on country or contract specifics and are subject to change at any time without prior notice.

Danfoss – Engineering Tomorrow

At Danfoss, we are engineering solutions that allow the world to use resources in smarter ways - driving the sustainable transformation of tomorrow. No transformation has ever been started without a group of passionate, dedicated and empowered people. We believe that innovation and great results are driven by the right mix of people with diverse backgrounds, personalities, skills, and perspectives, reflecting the world in which we do business. To make sure the mix of people works, we strive to create an inclusive work environment where people of all backgrounds are treated equally, respected, and valued for who they are. It is a strong priority within Danfoss to improve the health, working environment and safety of our employees.

Following our founder’s mindset “action speaks louder than words”, we set ourselves ambitious targets to protect the environment by embarking on a plan to become CO2 neutral latest by 2030.

Danfoss is an EO employer and VEVRAA Federal Contractor. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, veteran status, or other protected category.