Financial Reporting and Audit Analyst

Company: Affinity Executive Search
Location: Pleasanton
Posted on: May 11, 2022

Job Description:

Check out this unique opportunity to join a $5 billion worldwide manufacturing powerhouse. Our client is HQ'd in Japan and this is is working within one of its' largest U.S. based divisions. - They are currently seeking a Financial Reporting & Audit Analyst to join the team either in Pleasanton CA (Bay area south of Oakland) or Schaumburg IL (Northwest Suburbs of Chicago). This is currently a remote role that will transition in the future to a hybrid, but current transition date not yet known. The hybrid model would be 4 days remote and 1 day onsite. - The benefits program are outstanding and include: -

• Medical, Dental, and Vision coverage benefits (benefits become effective thirty (30) days from date of hire/rehire)
• 401K Plan with 4% company match and eligible date of hire. -
• Generous PTO /vacation
• Tuition assistance up to $5,250/year
• Free Fitness Center privileges for employees working in Schaumburg, IL Corporate Headquarters Office
• STD, LTD, AD&D insurance along with Flex Spending Account This role will support business activity of sales divisions and advise management on the applicable accounting treatment related to new business proposals. The individual will also keep current with financial reporting standards and advise management of the impact related to any proposed regulation changes as well as manage their implementation. - Financial Reporting and Analysis -
  • Ensure timely reporting of financials, and that all activities are in line with IFRS, US GAAP, SEC requirements, and internal control requirements. -
  • Prepare position papers to submit to auditors for accounting treatment changes. -
  • Provide advice to sales divisions - knowledge of IFRS, US GAAP and tax regulations are required
  • Enhance business processes - explore opportunities, submit proposals and oversee implementation of changes that increase efficiencies.
  • Utilize SAP system functionality, as well as other system's functionality fully, to ensure accuracy of financials. -
  • Maintain metrics to ensure compliance and efficiency of F&A operation based on best practices.
  • Balance Sheet and Income statement analysis
  • Complete Month end and quarter end reporting requirements for parent company financial consolidation. Fixed Asset Accounting
    • Maintain fixed asset policy -
    • Process fixed asset activity and depreciation in SAP
    • Prepare quarterly, term and annual reports relating to fixed assets for Hi tree and mid-term forecasting.
    • Budget appropriate level of expense for each fiscal year.
    • Conduct and coordinate physical inventory count of fixed assets
    • Maintain corporate Approval in SharePoint site, upload invoices and link to Fixed Asset Corp Approval.
    • Track Investment activities compared to budget . Annual Financial Audit Management -
      • Coordinate annual audit activities with divisions and Ernst Young LLP (EY).
      • Maintain open communication with EY and stakeholders throughout the audit. -
      • Ensure that all requested audit work papers are submitted timely.
      • Negotiate with EY resolution of issues - lead resolution of business issues with business owner and support the accounting treatment used . Consider EY's expectation and proposal and reach an acceptable solution with EY. Minimize time of audit, minimize requests of audit, and manage timely completion of audit. Internal Control(JSOX) Management
        • Plan JSOX project schedule with outside consultants (KKorps) by following direction and expectations.
        • Review of process flows, risk control matrices and overall plan design with division personnel, consultants and auditors.
        • Review testing results with consultants and implement remediation plan when necessary
        • Discuss any possible deficiencies identified, action plan proposed and ensure proper compliance of JSOX requirements. QUALIFICATIONS & EXPERIENCE
          • Bachelor's degree in Accounting and/or Finance required
          • CPA and/or MBA preferred
          • Minimum: 3 years related experience in corporate accounting and/or finance
          • SAP System Knowledge preferred
          • Knowledge of GAAP, GAAS, IFRS, Sarbanes Oxley
          • Advanced computer skills required, proficient in working with large data files
          • Excellent verbal and written English communication skills; ability to disseminate data and information professionally
          • Organizational skills: -
          • Ability to understand complex business issues and collaborate well with business partners to find acceptable solutions.
          • Ability to understand business process (i.e. order to cash) and provide solutions to financial reporting problems experienced.
          • Strong organizational and time management skills.
          • Perform all tasks and deliver all results in a highly professional manner. -
          • Accuracy - ability to perform work accurately, thoroughly, timely
          • Critical thinker - ability to initiate and carry out change
          • Organization - highly organized person required - ability to handle multiple priorities at the same time
          • Excellent verbal and written communication skills Our client requires all employees to be fully vaccinated against COVID-19. All new hires will be required to provide proof of their vaccination status prior to their start date

Keywords: Affinity Executive Search, Pleasanton , Financial Reporting and Audit Analyst, Accounting, Auditing , Pleasanton, California