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Job Title:  Financial Analyst

Location: 

Woodstock, NY, US, 12498

Business Unit:  Mil Aero Rotron
Posting Date:  Aug 5, 2022
Job Description: 

Position Summary:

The Financial Analyst is a key member of the accounting staff reporting to our Manager of Accounting.  This position provides financial support & analysis to the Rotron sites in Woodstock, NY and El Cajon, CA, as well as Divisional related support.  The position will be responsible for all ASC 606 revenue recognition accounting requirements, which includes over-time revenue recognition for both product and NRE contracts (essentially POC accounting) in accordance with corporate policies and industry standards, as well as contract reviews.  This position will also be responsible for producing financial analysis, explaining variances and anomalies by researching issues, SOX compliance items, and audit support.  The Financial Analyst will directly support the Site Controller and assist in any ad-hoc analysis and projects as required.  

 

Duties and Responsibilities:

  • Monthly and Quarterly perform Revenue Recognition analysis using ASC 606 over-time accounting to ensure revenues and income are accurately stated

  • Maintain Individual revenue and cost tracking by contract on ASC 606 over-time accounting covered items

  • Review contracts in the draft negotiation stage for revenue recognition implications, and provide guidance and assistance to cross-functional departments to ensure optimal revenue recognition

  • Draft revenue recognition policies and memos

  • Coordinate and Participate in SOX month-end and quarter-end analysis

  • Assist in the preparation of annual operating and capital budgets, and all related corporate reporting requirements

  • Dedication to continuously improve the automation of the accounting and reporting process

  • Work with business partners to ensure compliance with corporate accounting policies, procedures and controls and provide support on special requests

  • Responsibility includes ability to develop computer driven reports as well as the ability to analyze and interpret the resulting data.

  • Month-end journal entry preparation and analysis, and related balance sheet account reconciliations

  • Assist with monthly financial closings and required financial reporting

  • Assist with forecast for P&L, balance sheet, working capital & related metrics

  • Provide analysis on financial results (trends, performance metrics, benchmarks, margins, mix analysis, etc)

  • Engage in various department-wide initiatives

  • Assist with Division related finance activities as needed

  • Assist with both internal and external audit requirements

  • Assist with cross training in other areas of accounting department

  • Perform other related duties, ad hoc reporting & analysis, and special projects as required.

 

Education/Experience:

  • Bachelor’s degree (BA) in Accounting and/or Finance required

  • 3+ years of Revenue Recognition and hands on Revenue Accounting Experience

  • CPA or CPA candidate strongly preferred, MBA or CMA a plus

  • Prior big 4 public accounting experience strongly preferred

  • Experience in a manufacturing finance environment with a working knowledge of manufacturing cost accounting is preferred

 

Skills/Requirements:

  • Strong knowledge of Microsoft office including advanced skills in Excel

  • Hyperion Enterprise and Oracle experience a plus

  • Strong knowledge of US GAAP and technical pronouncements

  • Understanding of ASC 606 or Long-Term Contract Accounting (POC) preferred

  • SOX internal control assessments (Section 404) experience

  • A highly productive self-starter with very strong work ethic and commitment to excellence.

  • Strong accountability and detail oriented; prepares accurate and timely work product.

  • Strong communication, presentation, leadership, interpersonal, planning and problem-solving skills

  • Must have excellent analytical skills; sound understanding of accounting principles

  • Well organized and self-directed with the ability to relate to all levels of an organization

  • Must be a team player with high energy

  • Ability to multi-task, work under pressure and meet deadlines required

AMETEK is committed to making a safer, sustainable, and more productive world a reality. We use differentiated technology solutions to solve our customers’ most complex challenges. We employ 18,500 colleagues, in 30 countries, that are grounded by our core values: Ethics and Integrity, Respect for the Individual, Diversity and Inclusion, Teamwork, and Social Responsibility. AMETEK (NYSE:AME) is a component of the S&P 500. Visit www.ametek.com for more information.

We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class. Individuals who need a reasonable accommodation because of a disability for any part of the employment process should call 1 (866) 263-8359.


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