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Financial Analyst

BorgWarner Inc
  • Livonia, MI
  • $70,400–$96,800 Per Year
5 days ago

Job Description

The Financial Analyst will be a member of the Drivetrain and Morse Systems accounting and finance team. This position will work as a business partner to the Plant Controller with responsibilities for key finance dept roles with the goal to learn plant operations, build relationships, collaborate with internal customers, and operate an efficient and effective location. The position has visibility to local management and has a high impact to plant operations. This position is based at the Livonia, Michigan plant.

Financial Analyst

Key Accountabilities

  • Manage the Livonia accounts payable function including invoice matching, entry into SAP, vendor setup, management and ad hoc issue resolution.
  • Manage the Livonia billing function including occasional billing, RMA issuance, and weekly shipping document reconciliation.
  • Perform banking functions such as daily cash ledger and positive pay review, and monthly bank reconciliations
  • Communicate and schedule regular reviews of key plant spending performance vs. forecast. Assist in the identification and implementation of corrective actions to ensure target achievement.
  • Drive process improvements and efficiencies ensuring BW policies and financial goals are met
  • Support the Plant Controller by participating in monthly, quarterly and annual plant financial cycles:

o Assist during month end actual processing by preparing and recording scrap journal entries and related account reconciliations

o Assist in preparing plant forecast, budget and long-range plan

o Participate in the annual plant physical inventory

o Assist in data collection for the annual plant standard cost cycle

  • Maintain, enhance, and monitor internal controls including managing monthly SAP system change reports
  • Livonia Concur expense reporting administrator and annual record retention coordinator
  • Special Assignments - Responsible for completion of special assignments as required
  • Salary Range:

$70,400 - $96,800

Internal Use Only: Salary

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Numbers & Facts

LocationLivonia, MI
IndustryAutomotive Sales and Repair Services
Salary$70,400–$96,800 Per Year
Company Size10,000 employees or more
Year Founded1928
Websitehttps://www.borgwarner.com/en/home

About Company

BorgWarner is a global technology leader in powertrain solutions. We focus on developing leading powertrain technologies that improve fuel economy, emissions and performance. Our facilities are located across the globe to provide local support for our diverse customer base.

We operate in two groups: The Engine Group develops air management strategies and products to optimize engines for fuel efficiency, reduced emissions and enhanced performance. BorgWarner’s expertise includes engine timing systems, boosting systems, ignition systems, air and noise management, cooling and controls. The Drivetrain Group harnesses a legacy of more than 100 years as an industry innovator in transmission and all-wheel drive technology. The group leverages this understanding of powertrain clutching technology to develop interactive control systems and strategies for all types of torque management.

Deciding where to work is a big decision. At BorgWarner, we manage talent as seriously as we manage our businesses. We encourage you to learn about our company’s proud history, strong culture, technology leadership and future vision. If you find that you share the BorgWarner Beliefs and thrive on job challenge, we invite you to explore the job opportunities available. That is the first step toward experiencing pride, passion, performance and potential with a career at BorgWarner.

Skills

  • Accountingunmatched
  • Accounts Payableunmatched
  • Administrative Skillsunmatched
  • Banking Servicesunmatched
  • Billingunmatched
  • Budgetingunmatched
  • Corrective Actionunmatched
  • Credit Cardsunmatched
  • Data Collectionunmatched
  • Expense Reportsunmatched
  • Financeunmatched
  • Financial Analysisunmatched
  • Financial Controlunmatched
  • Financial Policiesunmatched
  • Forecastingunmatched
  • Journal Entriesunmatched
  • Organizational Skillsunmatched
  • Physical Inventoryunmatched
  • Problem Solving Skillsunmatched
  • Process Improvementunmatched
  • Reconciliationunmatched
  • SAPunmatched
  • SAP Administrationunmatched
  • Shipping Documentsunmatched
  • Systems Administration/Managementunmatched

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