What are the responsibilities and job description for the Principal Financial Analyst position at ZF?
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Principal Financial Analyst
Req ID 75621 | Elec Op - Marshall, United States ZF Active Safety and Electronics US LLC
About the team:
The team is responsible for overseeing general ledger accounting, including forecasting A/R, A/P, inventory, and cash flow, while ensuring accurate financial statement preparation and budgeting for the Marshall operation. Key tasks include managing SAP P&L accounting, creating and reviewing department budgets, and supporting the creation of the Operating Plan (OP) and Long-Range Plan (LRP), as well as performing month-end close processes and financial reporting. Additionally, the team ensures Sarbanes-Oxley compliance, monitors cost accounting variances, supports inventory transactions analysis, and provides backup for payroll, all while adhering to company policies and procedures.
Your responsibilities as a Principal Financial Analyst:
- Responsible for review of general ledger accounting, Forecasting A/R, A/P, Inventory-Cash Flow, Financial Statement preparation, budgeting and forecasting for the Marshall operation.
- SAP P&L accounting.
- Budget and forecasts, specifically creating a budget for the Finance Department.
- Develop and review department budgets with department and staff managers & load into SAP.
- Assist in creation of Operating Plan (OP) and Long-Range Plan (LRP).
- Cost and quote new business, create month-end reports, month-end close, and financial statement preparation.
- Product Line/Portfolio Financial P&L Analysis
- Keep up to date on company standard practice instruction (SPI) changes.
- Maintain Sarbanes Oxley compliance.
- Report on the Financial Variances of cost accounting, scrap variance, and financial reporting.
- Oversee analysis of inventory transactions and report the impact on the plant’s P&L to management.
- Establish policies and procedures for cost accounting.
- Review and approve the cycle count results before posting to the P&L.
- Oversee/Support the annual physical inventory.
- Support PPV to VIN Recon with Division Finance and Purchasing.
- Provide support as the payroll backup.
- Perform other duties as assigned
Your profile as a Principal Financial Analyst:
- Bachelor's Degree with a concentration in Business, Accounting or Finance; MBA or CPA preferred
- 8 years of accounting experience preferred in a high-volume automated manufacturing environment which includes financial analysis
- Previous experience developing and delivering financial presentation.
- SAP FI-CO and query experience
Why you should choose ZF in Marshall, IL:
- A supportive and collaborative team environment
- Annual Incentive Plan
- Paid Vacation
- 401k Plan
- Health Care Benefits
- Paid Holidays
- Tuition reimbursement for educational advancement
- A strong diversity culture
- Supportive Employee Groups and community outreach activities
Be part of our ZF team as Principal Financial Analyst and apply now!
DIVERSITY COMMITMENT:
Diversity, Equity and Inclusion are more than just words for us. They are at the core of the ZF Way that propels our team members towards their utmost success. We strive to build and nurture a culture where inclusiveness is a natural reflex. We actively seek ways to remove barriers so that every member of ZF can rise to their full potential. We aim to embed this in our legacy through how we operate and build our products as we shape next generation mobility, safety, sustainability and social justice.
With four generations across 118 nationalities in 41 countries, ZF combines a unique variety of backgrounds, perspectives, and ideas. Together, we solve problems, drive innovation and shape next generation mobility.
Our company is committed to the principles of Equal Employment Opportunity and to providing reasonable accommodations to applicants with physical and/or mental disabilities. If you are interested in applying for employment with us and are in need of accommodation or special assistance to navigate our website or to complete your application, please contact us. Requests for reasonable accommodation will be considered on a case-by-case basis. ZF is an Equal Opportunity and Affirmative Action Employer and is committed to ensuring equal employment opportunities for all job applicants and employees. Employment decisions are based upon job-related reasons regardless of an applicant's race, color, religion, sex, sexual orientation, gender identity, age, national origin, disability, marital status, genetic information, protected veteran status, or any other status protected by law. Equal Employment Opportunity/Affirmative Action Employer M/F/Disability/Veteran
What does DEI (Diversity, Equity, Inclusion) mean for ZF as a company?
At ZF, we continuously strive to build and maintain a culture where inclusiveness is lived and diversity is valued. We actively seek ways to remove barriers so that all our employees can rise to their full potential. We aim to embed this vision in our legacy through how we operate and build our products as we shape the future of mobility.
Find out how we work at ZF:
Nearest Major Market: Decatur
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