Financial Analyst
Sensata Technologies, South Burlington, VT, United States
The Financial Analyst has a critical role in combining financial analysis, planning, and cost accounting to provide actionable insights that drive effective business decisions. This position involves financial modeling, operational metrics tracking, month-end close activities, and cost analysis to support company performance and decision-making processes. The Financial Analyst collaborates with cross-functional teams to ensure accurate financial reporting and process improvements. General Responsibilities Perform financial forecasting, reporting, and operational metrics tracking Performs variance analysis between actual, prior and standard costs Analyze financial data and create cost and financial models for decision support Report on financial and cost performance and prepare for regular leadership reviews Analyze past results, perform variance analysis, identify trends, and make recommendations for improvements Provide analysis of trends and forecasts and recommend actions for optimization Recommend actions by analyzing and interpreting data and making comparative analyses; study proposed changes in methods and materials Identify and drive process improvements, including the creation of standard and ad-hoc reports, and tools Recommend changes in operating procedures to improve efficiencies in payment and procurement processes Examine data to help with reducing cost in all operations Analyze the market and identify opportunities for growth and potential risks Experience / Qualifications A university degree required (i.e. Bachelors degree) or equivalent relevant work experience. Must be a team player able to work in a fast-paced environment with demonstrated ability to handle multiple competing tasks and demands Strong communication skills; oral, written and presentation Strong organization, planning and time management skills to achieve results Strong personal and professional ethical values and integrity Holds self-accountable to achieving goals and standards Proficient in Microsoft Office programs (Outlook, Word, PowerPoint, and Excel) Strong interpersonal & collaboration skills to work effectively with all levels of the organization including suppliers and/or external customers Financial Planning & Analysis: Report on financial performance, perform variance analyses and identify trends. Analyze financial data, develop financial models, and support decision-making processes. Create and improve standard and ad-hoc reports, tools, and processes for financial analysis. Make recommendations for improvement by analyzing and interpreting data and making comparative analyses; study proposed changes in methods and materials Perform financial forecasting, budgeting, and operational metrics tracking. Operational Support: Collaborate with internal stakeholders to provide insights and support for operational decision-making. Analyze changes in product design, raw materials, and manufacturing methods to determine cost impacts. Identify and drive process improvements, including the creation of reports and tools, to optimize financial and operational efficiencies. Cost Accounting & Month-End Close: Participate in month-end close activities, ensuring accurate financial results are reported within the closing cycle. Prepare, reconcile, and report on cost accounting activities, including journal entries and balance sheet reconciliations. Monitor, review and document costs related to inventory, labor, and material purchases. Conduct and coordinate physical inventory processes per annual plans. Support internal audits and ensure compliance with applicable accounting guidelines, policies, and internal control procedures. #LI-MY1 Smarter Together Collaborating at Sensata means working with some of the world’s most talented people in an enriching environment that is constantly pushing towards the next best thing Employees work across functions, countries and cultures gaining new perspectives through mutual respect and open communication As OneSensata, we are working together to make things work together Click here to view Sensata Recruitment Privacy Statement (https://www.sensata.com/sensata-recruitment-privacy-policy) Click here to view our Sensata Recruitment Privacy Statement for China (https://www.sensata.com/sites/default/files/a/sensata_china_recruitment_privacy_policy.pdf) NOTE: If you are a current Sensata employee (or one of our Affiliates), please back out of this application and log into Workday via the Company Intranet to apply directly. Type "FIND JOBS" in the Workday search bar. Return to Sensata.com Read our Fraud Advisory (https: //www.sensata.com/careers) Sensing is what we do. In fact, our name Sensata comes from the Latin word sensate for ‘those gifted with sense’. Our focus on sensing is also reflected in our logo, which spells Sensata in Braille. Sensata Technologies is a global industrial technology company striving to create a safer, cleaner, more efficient and electrified world. Through its broad portfolio of mission-critical sensors, electrical protection components and sensor-rich solutions, Sensata helps its customers address increasingly complex engineering and operating performance requirements. With more than 19,000 employees and global operations in 15 countries, Sensata serves customers in the automotive, heavy vehicle & off-road, industrial, and aerospace markets. Learn more at sensata.com and follow Sensata on LinkedIn (https://www.linkedin.com/company/sensata-technologies/) , Facebook (https://www.facebook.com/SensataTechnologies) , Instagram (https://www.instagram.com/sensatatechnologies/) and X (https://twitter.com/Sensata) . Note to applicants for positions in the United States: Sensata Technologies, Inc. (US) is proud to be an Equal Opportunity and Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran or any other basis protected by federal, state or local law. View The EEO is the Law poster (https://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm) and its supplement (https://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm) . Sensata Technologies, Inc. (US) participates in E-Verify. View the E-Verify posters (https://www.e-verify.gov/sites/default/files/everify/posters/EVerifyParticipationPoster.pdf) If you are an individual who requires a reasonable accommodation in connection with the hiring process and/or to perform the essential functions of the position for which you applied, please make a request to the recruiter or contact accommodations@sensata.com Diversity Statement We are dedicated to ensuring our employees feel a sense of belonging (https://www.sensata.com/sites/default/files/a/Sensata%20DEI%20Policy%20FINAL.pdf) and respect every day. We believe that every individual has unique insights that others can learn from. Working at Sensata means you can bring your whole self to the table. Our goal is to achieve fair representation of women, minorities, veterans, people with disabilities, and all types of diversity among all levels in our organization. Note to applicants for positions in the United States: Sensata Technologies, Inc. (US) is proud to be an Equal Opportunity and Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender identity, sexual orientation, age, national origin, protected veteran status, disability or any other basis protected by federal, state or local law. View The EEO is the Law poster https://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm and its supplement https://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm Sensata Technologies, Inc. (US) participates in E-Verify. View the E-Verify posters https://www.e-verify.gov/sites/default/files/everify/posters/EVerifyParticipationPoster.pdf