What are the responsibilities and job description for the Financial Analyst position at Sensata Technologies?

The Financial Analyst has a critical role in combining financial analysis, planning, and cost accounting to provide actionable insights that drive effective business decisions. This position involves financial modeling, operational metrics tracking, month-end close activities, and cost analysis to support company performance and decision-making processes. The Financial Analyst collaborates with cross-functional teams to ensure accurate financial reporting and process improvements.

General Responsibilities

Perform financial forecasting, reporting, and operational metrics tracking
Performs variance analysis between actual, prior and standard costs
Analyze financial data and create cost and financial models for decision support
Report on financial and cost performance and prepare for regular leadership reviews
Analyze past results, perform variance analysis, identify trends, and make recommendations for improvements
Provide analysis of trends and forecasts and recommend actions for optimization
Recommend actions by analyzing and interpreting data and making comparative analyses; study proposed changes in methods and materials
Identify and drive process improvements, including the creation of standard and ad-hoc reports, and tools
Recommend changes in operating procedures to improve efficiencies in payment and procurement processes
Examine data to help with reducing cost in all operations
Analyze the market and identify opportunities for growth and potential risks

Experience / Qualifications

A university degree required (i.e. Bachelors degree) or equivalent relevant work experience.

Must be a team player able to work in a fast-paced environment with demonstrated ability to handle multiple competing tasks and demands

Strong communication skills; oral, written and presentation

Strong organization, planning and time management skills to achieve results

Strong personal and professional ethical values and integrity

Holds self-accountable to achieving goals and standards

Proficient in Microsoft Office programs (Outlook, Word, PowerPoint, and Excel)

Strong interpersonal & collaboration skills to work effectively with all levels of the organization including suppliers and / or external customers

Financial Planning & Analysis :

Report on financial performance, perform variance analyses and identify trends.

Analyze financial data, develop financial models, and support decision-making processes.

Create and improve standard and ad-hoc reports, tools, and processes for financial analysis.

Make recommendations for improvement by analyzing and interpreting data and making comparative analyses; study proposed changes in methods and materials

Perform financial forecasting, budgeting, and operational metrics tracking.

Operational Support :

Collaborate with internal stakeholders to provide insights and support for operational decision-making.

Analyze changes in product design, raw materials, and manufacturing methods to determine cost impacts.

Identify and drive process improvements, including the creation of reports and tools, to optimize financial and operational efficiencies.

Cost Accounting & Month-End Close :

Participate in month-end close activities, ensuring accurate financial results are reported within the closing cycle.

Prepare, reconcile, and report on cost accounting activities, including journal entries and balance sheet reconciliations.

Monitor, review and document costs related to inventory, labor, and material purchases.

Conduct and coordinate physical inventory processes per annual plans.

Support internal audits and ensure compliance with applicable accounting guidelines, policies, and internal control procedures.

LI-MY1

Smarter Together

Collaborating at Sensata means working with some of the world's most talented people in an enriching environment that is constantly pushing towards the next best thing

Employees work across functions, countries and cultures gaining new perspectives through mutual respect and open communication

As OneSensata, we are working together to make things work together

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