What are the responsibilities and job description for the Financial Analyst (Korean/Bilingual) position at Avacend?
Job Title: Financial Analyst 2 (Korean/Bilingual)
Work Location: Ridgefield Park, NJ, USA
Duration: 6 Months
Work Schedule: 4 days in office / 1 day WFH
Job Description:
**Korean and English Bilingual candidates required for this position
Top Three Skills:
Analytical skills, proactive communication, large data management using excel
Education and Work Experience:
1) Bachelor's degree in Accounting or Finance
3) 2~3 years of applicable experience
Position Summary:
The proposed position will take the responsibility to entire Client level resource management by reviewing all cost related items and managing overall expense DB for entire Client. Representing Client resource management team, candidate will be managing budgetary expenses OHs and will provide detailed expense analysis to division controllers directly and CFO if necessary. Also, the position will manage the company workflow for Knox and RMS system as well and investment module.
Essential Duties and Responsibilities:
Prepare and perform month-end closing from a managerial standpoint, using SAP Controlling (FI) module while closely monitoring expenses/cost allocation of various profit segments/cost centers.
By reviewing monthly/quarterly/yearly Profit & Loss (P&L) statements and other financial reports consolidating financial results, conduct profit analysis vs target, previous forecast and prior year in order to track cost fluctuations.
Investigate irregular financial trends by linking financial information with business results, previous variance analyses, in-depth raw data examination, and close communication with related business teams/divisions.
Conduct 3-month business forecasts, including comprehensive forecasts on overhead expenses as well as of business environmental changes to provide better financial visibility to management.
Maintain company overhead DB by cost center and general ledger level and utilize the database to respond to various requests both from Client and HQ
Review PUMIs for all shared services department including Sales, Marketing, eCommerce and Business Management in advance to controller's approval, and make sure to understand the validity of the cost and calculate potential impact to Client P&L forecasts
Cooperating with SDSA team, manage company workflows and respond to FAQs in using Knox and RMS systems
Guide each functional teams on yearly budget on major expense items including IT expenses and Marketing expenses in order to manage subsidiary OH in high-level perspectives.
Background/Experience:
A Bachelor's degree in Accounting or Finance or a related field from a four-year college or university.
Have at least 2-3 years related accounting experience with previous financial modeling experience preferred.
Have accounting experience utilizing SAP Software
Must have Microsoft Office Suite of PC software applications experience with Excel spreadsheet preparation skills.
Beeline Job Title
Summary:
The main functions of a financial analyst are to gather and analyze financial information; will typically conduct quantitative analyses of information affecting investment programs of public or private institutions. A typical financial analyst is responsible for analyzing and communicating financial information for clients.
Job Responsibilities:
- Assemble spreadsheets and draw charts and graphs used to illustrate technical reports.
- Analyze financial information to produce forecast of business, industry and economic conditions for use in making investment decisions.
- Interpret data affecting investment programs, such as price, yield, stability and future trends in investment risks.
Skills:
- Verbal and written communication skills, attention to detail, and critical thinking.
- Basic ability to work independently and manage one's time.
- Basic ability to analyze business trends and project future revenues and expenses.
- Basic knowledge of economic and accounting principles, the financial markets, and reporting of financial data.
- Basic knowledge of federal, state, and company policies, procedures and regulations as related to accounting.
- Previous experience with computer applications, such as Microsoft Word, Excel and PowerPoint, and any other related financial software.
Education/Experience:
- Bachelor's degree in accounting or related financial discipline required. An advanced degree in a financial discipline is preferred.
- 2-4 years financial and/or accounting experience required
