What are the responsibilities and job description for the Sr Financial Analyst - Operations position at The Timken Company?
What Timken Makes Possible Begins With You.
Those who came before us helped land a man on the moon, create the world's infrastructure, and introduce renewable energy alternatives. Now you can join the Timken team to write your own unique story and help drive what's next.
A career at Timken means you can have an immediate impact doing Work That Matters to the world— improving the efficiency of today's industrial equipment and preparing for the future of motion on our planet and beyond. New employees can start contributing right away, and there are many opportunities to advance your career at your own pace. Join our global team of 19,000 people in 45 countries, and start helping our customers push the limits of what's possible in their world of motion.
Position Purpose
This position supports the Shiloh Plant Controller in various closing, reporting, inventory management, and business planning activities. This includes daily, weekly, and monthly forecasting, budgeting, and reporting activities, as well as analysis of variances and their causes. Evaluations and recommendations are reported to the Plant Controller, Plant Management Team, and Timken corporate finance, as required.
Those who came before us helped land a man on the moon, create the world's infrastructure, and introduce renewable energy alternatives. Now you can join the Timken team to write your own unique story and help drive what's next.
A career at Timken means you can have an immediate impact doing Work That Matters to the world— improving the efficiency of today's industrial equipment and preparing for the future of motion on our planet and beyond. New employees can start contributing right away, and there are many opportunities to advance your career at your own pace. Join our global team of 19,000 people in 45 countries, and start helping our customers push the limits of what's possible in their world of motion.
Position Purpose
This position supports the Shiloh Plant Controller in various closing, reporting, inventory management, and business planning activities. This includes daily, weekly, and monthly forecasting, budgeting, and reporting activities, as well as analysis of variances and their causes. Evaluations and recommendations are reported to the Plant Controller, Plant Management Team, and Timken corporate finance, as required.
- Coordinate plant efforts for labor reporting, scrap and inventory reporting activities.
- Assist in developing and maintaining annual budgets and product cost standards for plant product lines and part numbers.
- Assist in cost savings studies to support continuous improvement activities.
- Assist controller in daily, weekly, and monthly financial accounting closing processes.
- Provide cost information to processing departments, as required.
- Produce monthly reports for controller, plant management, and corporate requirements.
- Complete periodic audits and cycle counts to ensure proper adherence to financial policies.
- Work with plant personnel to correct and analyze errors and inaccurate reports.
- Provide assistance in reviewing and analyzing weekly and monthly cost data.
- Assist plant controller in establishing cost center and product rates within corporate practice guidelines.
- Work independently to complete tasks and communicate results, as required.
- Support Plant Controller and complete tasks in his/her absence.
- Complete other duties as assigned.
- Bachelor’s degree in Accounting or Finance or related business degree
- At least 2 years of experience in accounting and/or finance and strong analytical skills
- Master’s degree in Accounting/Finance preferred, but not required
- SAP expertise preferred
- High proficiency with Microsoft Office applications
