Financial Analyst III

Company / Location Information

A.O. Smith is a global leader applying innovative technologies and energy-efficient solutions to products manufactured and marketed worldwide. The company is one of the world’s leading manufacturers of residential and commercial water heating equipment and boilers, as well as a manufacturer of water treatment products for residential and light commercial applications. A. O. Smith is headquartered in Milwaukee, Wisconsin, with approximately 12,000 employees at operations in the United States, Canada, China, India, Mexico, the Netherlands, and the United Kingdom.

Primary Function

The Financial Analyst will perform a variety of activities in the preparation, examination, and interpretation of accounting and financial records, reports, and statements. The incumbent will be involved with the general ledger, budget, month end closing, and other financial analyses compliant with all Company and GAAP policies. 

Responsibilities

• Reconciles accounts accurately and in accordance with US GAAP for two plant locations monthly. Completes journal entries as needed.
•  Compile and reviews the monthly plant expense comparisons to budget and report significant variances with Plant management.
•  Close and settle production orders, analyze variances, quantify impact to income statement and meet with related teams to refine process.
• Reconcile balance sheet and profit & loss to budget and communicate with operations and management. 
• Reviews new material bill of materials and works to ensuring accurate standard costing.
• Leads the preparation of the monthly operations team dashboard and analysis.
• Leads the annual budgeting process for two locations, including meeting with managers and communication with Corporate finance.
•  Assist with annual cost roll, including reviewing error logs throughout the year.
• Support operations team with capital project acquisition requests and capitalization processes. 
• Review significant commodity inflation/deflation for purchase price variances for accuracy, documenting any current and future impact.
• Assist with audit requests from division and corporate teams.
• Helps analyze, approve and track cost improvements.
• Analyze weekly inventory adjustments to ensure responsible parties are informed and costs are accurately reported.
• Perform other activities as needed or as requested.

Qualifications

• Bachelor's degree in accounting or finance
• 5+ years related work experience
• Work experience with accounting 
• Familiarity with all applicable principles, regulations, including GAAP
• Ability to read and interpret documents and data
• Strong communication skills both orally and written
• Ability to work with cross functional teams
• Ability to drive positive change and provide process improvement recommendations
• Proficiency with MS Excel and Word and accounting software
• SAP ( or similar ERP software) experience preferred
• Manufacturing environment experience preferred
• Ability to maintain confidentiality of information and documents

Education

We Offer

Competitive compensation package and comprehensive benefits plans which include medical and dental insurance, company-sponsored life insurance, retirement security savings plan, short- and long-term disability programs and tuition assistance.

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ADA Statement & EEO Statement

In developing this job description care was taken to include all competencies needed to successfully perform in this position. However, for Americans with Disabilities Act (ADA) purposes, the essential functions of the job may or may not have been described for purposes of ADA reasonable accommodation. All reasonable accommodation requests will be reviewed and evaluated on a case-by-case basis.

We consider all applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, gender identity and expression, marital or military status. We also provide reasonable accommodations to qualified individuals with disabilities in accordance with the Americans with Disabilities Act and applicable state and local law.