FP&A Financial Analyst

HIGHLIGHTSHybridFull-TimeBusiness Planning LOCATIONTroy MIStep into the innovative world of LG Electronics. As a global leader in technology LG Electronics is dedicated to creating innovative solutions for a better life. Our brand promise Lifes Good embodies our commitment to ensuring a happier life for all. We have a rich history spanning over six decades and a global presence in over 290 locations.Our diverse portfolio includes Home Appliance Solutions Media Entertainment Solutions Vehicle Solutions and Eco Solutions. Our management philosophy Jeong-do Management embodies our commitment to high ethical standards and transparent operations. Grounded in the principles of Customer-Value Creation and People-Oriented Management these values shape our corporate culture fostering creativity diversity and integrity. At LG we believe in the power of collective wisdom through an inclusive work environment.Join us and become a part of a company that is shaping the future of technology.At LG we strive to make Life Good for Everyone.LG Magna e-Powertrain USA Inc. is a newly established US subsidiary headquartered in South Korea formed through a joint venture by LG Electronics Vehicle Solution and Magna International created to bring new synergies based on LGs electric vehicle component capabilities and Magnas experience in the traditional automotive industry. Located in Southeast Michigan LG Magna USA provides engineering sales and quality solutions for developing various electric vehicle products such as drive motors power conversion devices and related integrated systems.LG Magna USA as part of the global LG Magna team strives to become the global No.1 e-Mobility solution partner by providing the highest value technologies and products securing profitable growth together with customers and contributing to a sustainable society.Our team takes pride in driving progress by developing innovative solutions for electric vehicle industry customers. Powered by a culture of passion teamwork customer focus initiative and creativity we are pushing the boundaries every day. With the philosophy that people are the source of corporate competitiveness we are committed to actively seeking out top talent and investing in career growth and development to retain exceptional people.We invite people to join our mission to create innovative solutions leading the trend in creating an eco-friendly clean future through the electric vehicle industry to drive a better life.Overall ResponsibilitiesThe Senior Financial Analyst is responsible for analyzing and managing the Companys business performance and operations and for delivering accurate and timely financial information that enables management to make sound decisions and achieve the Companys goals. The role serves as a key point of communication with Headquarters HQ on the Companys operations management and performance.Major Tasks Listed BelowBusiness Planning Budgeting and ForecastingEstablish and forecast the Companys short-term and mid- to long-term business plans.Develop and prepare the organizations financial plans and budgets and interpret financial reports.Create financial forecasting scenarios to support future business planning decisions.Manage and monitor the execution of annual budgets allocated to business units.Manage investment activity and the related budget.Communicate with HQ regarding the Companys operations management and performance.Prepare presentations for management on business operations and financial results.Provide financial information to management accurately and on a timely basis.Performance Analysis and KPI ManagementAnalyze and manage the Companys business performance and support analysis of overall Company results.Manage and monitor Key Performance Indicators KPIs.Evaluate and report on inventory KPIs by comparing and analyzing actual results to plan and latest estimates.Conduct variance analysis and identify the key underlying drivers of differences between actual plan and forecast.Conduct financial analyses and perform economic research and studies.Collect compile verify and analyze financial information and economic indicators so that senior management has accurate and timely information for strategic and operational decisions.Analyze and forecast financial economic and other data to support strategic and operational decisions.Analyze the financial implications of proposed investments or other transactions so that senior managers can evaluate alternatives against the organizations business objectives.Data analyzed may include revenues expenses costs prices investments cash flow profits labor market trends inflation interest rates and exchange rates.Develop establish and continuously improve financial procedures and reporting.QualificationsBachelors degree in finance Accounting Business Administration Economics or a related field.Minimum of five years of professional finance experience.Proficient knowledge of accounting and finance including variance analysis.Expert knowledge of Excel pivot tables formulas etc. PowerPoint and Word.Ability to deliver timely and accurate information.Ability to identify patterns across situations that are not obviously related and to identify key underlying issues in complex situations.Experience working with online analytical processing databases and preparing executive-level reports and presentations.Preferred QualificationsWorking knowledge of International Financial Reporting Standards and U.S. Generally Accepted Accounting Principles.Demonstrated ability to build accurate financial models communicate complex information clearly and deliver compelling presentations.Bilingual in the Korean language - conversational or higher level of expertise is desirableApplicants must be currently authorized to work in the United States on a full-time basis.The employer will not sponsor applicants for a work visa.Benefits Offered Full-Time EmployeesNo-cost employee premiums for you and your eligible dependents for competitive medical dental vision and prescription benefits.Auto enrollment with immediate vesting of competitive company matching contributions in a 401k Retirement Savings Plan with several investmentoptions.Generous Paid Time Off program that includes company holidays and a combined bank of paid sick and vacation time. Performance based Short-Term Incentives varies by role.Access to confidential mental health resources to help you and your loved ones improve your quality of life. Personal fitness goal incentives.Family orientated benefits such as paid parental leave and support for families raising children with learning social behavioral challenges or developmental disabilities.Group Rate Life and Disability Insurance.Benefits Offered TemporaryContractors Eligible for the relevant benefit programs offered through our partner agencies.Privacy Notice to California ApplicantsApplicants who need assistance or a reasonable accommodation during the hiring process may contact our team by phone at 973-477-7090 orsupportlg4me.freshdesk.com. This email and phone number will only reply to accommodation requests and is not intended for general employment inquiries.All qualified applicants will be considered for employment without regard to race color religion sex including pregnancy sexual orientation or gender identity national origin age disability genetic information protected veteran status or any other characteristic protected by applicable federal state or local law.In addition to the above LG believes that pay transparency is a key part of diversity equity and inclusion. Our salary ranges take into account many factors in making compensation decisions including but not limited to skillset experience licensure certifications internal equity and other business needs. While we consider geographic pay differentials in final offers because we operate in many geographies where applicable the salary range listed may not reflect all geographic differentials applied.