Sr. Financial Analysis Specialist

Yazaki is a global leader in the research, development and delivery of vehicle power and data solutions.

 

Yazaki works with virtually every major auto manufacturer in the world, and we've strived to maintain strategic and stable growth throughout our 83-year history. Today, we're on the lookout for energetic people with the potential to perform, as well as the ability to strengthen - and thrive in - the positive work environment we pride ourselves on.


Location: Canton, MI, USA  

 

 

POSITION SUMMARY

Consolidate BU forecast and review with BU managers.  Prepare BU monthly and year-to-date reporting including performance to forecast and variance analysis.  Review results with BU management.  Prepare forecast/actual income statement, analyze program margins and prepare key financial reports for monthly/quarterly/yearly reviews.  Support Program Team on all aspects of financial issues.  Support all Request for Quote (RFQ) and Lifetime Business Plan (LBP) activities for EIBU

 

DUTIES & RESPONSIBILITIES

 

Forecasting

  • Establish the BU process and schedule of events to support BU forecasting
  • Schedule and lead meeting to kickoff BU short-term and long-term forecasting
  • Prepare BU cost center operating expense forecast with cost center managers
  • Consolidate BU forecast and review with BU managers
  • Prepare monthly Rolling forecast updates for BU review
  • Prepare direct profit forecast, considering factors such as copper price and cost changes, labor rate changes, customer productivity, potential new business, value management activity and other factors impacting carline profitability
  • Prepare logistics and extraordinary expense forecast considering factors such as new program launches, balance outs, affiliate locations and historical trends
  • Prepare program direct costs, including labor and other program specific operating expenses considering factors such as anticipated drawing releases and build support (including location) as required
  • Prepare any forecast updates as requested by management
  • Act as the liaison between core Finance and Program Management

 

Month/Quarter/Year End Closing

  • Support Core Finance meetings and communicate key points to BU Finance Manager and BU President
  • Reconcile financial systems to make sure business transactions are accurately reflected in financial reporting
  • Post journal entries for closing
  • Analyze information to ensure accurate accruals are in place for month and quarter close
  • Investigate and resolve purchase price and sales price discrepancies
  • Work with Sales to explain forecast variances by program
  • Prepare BU monthly and year-to-date income statements with commentary and present status and variance explanations to BU President
  • Report accruals to management on a monthly basis
  • Prepare monthly cost center reports including operating expense and headcount performance to forecast
  • Review monthly reports with cost center managers, perform detail investigations as requested, and follow through to make sure reports accurately reflect business transactions
  • Ensure monthly and quarterly reports and metrics are completed according to deadlines
  • Conduct monthly risk and opportunities meeting for Customer groups
  • Coordinate and Support A\R Reconciliation activity within Customer groups
  • Review fixed assets requisitions and monitor assets disposition
  • Consolidate department allocations and compare actual to forecast on a monthly basis at program level

 

Core Functions

  • Coordinate with internal and external auditors as required
  • Coordinate with Program Controllers, other BU Financial Analysts, and Core Finance to improve closing and reporting processes
  • Mentor department associates including Financial Analysts and Product Cost Analysts
  • Provide financial oversight, leadership, and support in development best practices and processes improvements

 

 

MINIMUM REQUIREMENTS

 

Degree Requirements:

Bachelors degree in Business, Finance, Accounting or closely related field

Certification Requirements:

N/A

Previous Experience:

Minimum of 5 years commercial/financial experience preferably in the automotive industry

Travel Requirements:

Minimal (as needed)

On Call Requirements:

N/A

Physical Requirements:

Office position – primarily sedentary.  Reasonable accommodations may be made to enable an individual with disability to perform the essential functions.

 

 

Yazaki North America is committed to providing equal employment opportunities for all persons regardless of race, color, religion, sex, age, marital status, national origin, disability, handicap, veteran status, or other legally protected status or characteristic. Equal opportunity extends to all aspects of the employment relationship. Yazaki North America complies with federal and state equal employment opportunity laws and strives to keep the workplace free from all forms of harassment.