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Financial Analyst
Lear Corporation Southfield, MI
$61k-74k (estimate)
Full Time | Durable Manufacturing 10 Months Ago
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Lear Corporation is Hiring a Financial Analyst Near Southfield, MI

Lear For YouWe work hard for the people who work for us. We champion our teams. We foster collaboration, inclusion, respect and excellence. What we are trying to say is we want to be more for you.We are your path to a better career, a better future, and a better you.
Our teams have invented groundbreaking technologies, flawlessly manufactured millions of products and earned a long list of awards. Year after year, we are one of the World's Most Admired Companies.
Our teams are the secret to our success. They are empowered, inventive and inclusive. Passionate about their craft. Driven to succeed. Because we all understand that we must work together to win.
Are you ready for a better career? A better future?
We're Lear For You. FINANCIAL ANALYST
SOUTHFIELD, MICHIGAN – WORLD HEADQUARTERS - HYBRID As a member of the Treasury team, the Financial Analyst will be responsible for supporting cash flow forecasting, bank administration, and managing short-term cash liquidity needs for Lear.
The RoleYour work will include, but not be limited to:
  • Cash Flow forecasting and Liquidity Analysis/Reporting
  • Prepare daily and weekly AR/AP actuals/forecast schedules
  • Monitor and Manage Lear’s Short-Term Cash Liquidity needs
  • Forecast and analyze internal and external borrowing needs
  • Manage short-term investment portfolio
  • Monthly, Quarterly and Ad-Hoc Global & Regional Management Reporting
  • Execute daily transactions in Treasury Workstation and/or Bank Portal requested in Treasury mailbox respecting bank cut-off time and external deadlines
  • Manage Intra-day transactions in Treasury Workstation (Quantum) ensuring all bank movements are proper reflected
  • Ensure Bank account reconciliation timely in Treasury Management Workstation (Quantum)
  • Manage I/C Loan movements and reflect them in Treasury Workstation (Quantum)
  • Treasury Management Workstation (Quantum)
  • Manage Letter of Credit, Collateral and Restrictive Cash
  • Manage Inter-Company netting process
  • Monitor and Report Bank fees
  • Monitor Cash management internal control environment by completion of SOX self-testing, Policies and Procedures review, Bank Portal & Signers Audit
  • Work closely with shared services and operational finance
Advantages Of Working At Lear In The Treasury Group
  • Working in Treasury provides a dynamic environment where you can make a meaningful impact towards achieving the company’s financial goals
  • An opportunity to collaborate closely with operational finance teams through weekly review meetings
  • Continuous process improvement opportunities by streamlining existing processes and implementing new software
  • Career advancement opportunities within treasury or other areas of Finance
Your Qualifications
  • 3 years of experience in Finance or Accounting role at a large Multi-National Company
  • Bachelor’s degree in a related field
  • Advanced Microsoft Excel and Power Point skills are required
  • Interpersonal Skills: Team player, Positive attitude, Strong communication
  • At least one year of experience working in AP/AR
  • Self-starter that has strong multi-tasking ability and capable of working in a fast paced environment
Bonus If You Have
  • Prior treasury cash management experience
  • Previous experience as a bank portal administrator
Lear Corporation is an Equal Opportunity Employer, committed to a diverse workplace.
Applicants must submit their resume for consideration using our applicant tracking system. Due to the high volume of applications received, only candidates selected for interviews will be contacted. Candidates must be legally authorized to work in the United States without sponsorship. Unsolicited resumes from search firms or employment agencies, or similar, will not be paid a fee and will become the property of Lear Corporation.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Durable Manufacturing

SALARY

$61k-74k (estimate)

POST DATE

08/30/2023

EXPIRATION DATE

06/28/2024

WEBSITE

lear.com

HEADQUARTERS

HEBRON, OH

SIZE

>50,000

FOUNDED

1917

TYPE

Public

CEO

JEFF O'SICKEY

REVENUE

$10B - $50B

INDUSTRY

Durable Manufacturing

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About Lear Corporation

Lear is a designer, manufacturer and supplier of automotive seating and electrical distribution systems.

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The following is the career advancement route for Financial Analyst positions, which can be used as a reference in future career path planning. As a Financial Analyst, it can be promoted into senior positions as a Financial Analyst III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Financial Analyst. You can explore the career advancement for a Financial Analyst below and select your interested title to get hiring information.

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If you are interested in becoming a Financial Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Financial Analyst for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Financial Analyst job description and responsibilities

Broadly speaking, a financial analyst works with financial data to help organizations make business decisions.

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Build financial models to perform financial forecasts, predict business scenarios, and provide other data analysis to help make business decisions.

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Every financial analyst’s job will hold different responsibilities depending on their specialty and where they work.

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They often develop and execute complex methodologies that enable them to generate useful pointers from the financial data and problem statements that their clients provide.

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Financial analysts who have little to no professional experience are responsible for gathering data, financial modeling and creating or maintaining spreadsheets.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Financial Analyst jobs

To become a senior or junior level financial analyst, one may be required to earn a Master’s of Business Administration.

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Obtaining a finance degree (bachelor’s or MBA) and working towards becoming a financial analyst requires the development of skills, expertise, and specific abilities.

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To be a financial analyst, one should be good with numbers, comfortable presenting research, analytical, and have great ability to research large amounts of data and pay attention to small details.

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Earning a finance degree and taking the steps to become a financial analyst requires specific abilities and the development of specialized skills.

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With relevant work experience and appropriate training, finance students can become equipped to pursue the path of becoming a financial analyst.

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Step 3: View the best colleges and universities for Financial Analyst.

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