Financial Analyst

Full Time
Maxton, NC 28364
Posted
Job description

In 2022, Meritor, Inc. was acquired by Cummins Inc., combining the capabilities, talent and resources of our two companies. Now a business unit within Cummins’ Components segment called Cummins-Meritor, we provide a range of industry-leading components, including axles, brakes, suspensions, drivelines and aftermarket parts, for the commercial vehicle and industrial markets. To learn more about the acquisition, read the press release.

It’s an exciting time to be part of Cummins-Meritor, and we’re looking for team members to help us bring big ideas to life. Apply today to create new possibilities.

Job Flexibility
• Onsite: This position requires an employee to be on-site on a full-time basis.

Overview
The Financial Analyst has the responsibility of forecasting and analyzing financial data for all levels of management within the Drivelines business. This position also includes analysis and project work for the local Operations



Job Responsibilities:
  • Comprehensive development of rolling forecasts and annual operating plans (AOP)
  • Drive continuous improvement of Driveline forecasting model
  • Development of monthly risks & opportunities
  • Responsible for AOP and Corporate required reporting including year-end analysis
  • Performing month-end causal analysis and journal entry submissions
  • Inventory and Material Price Variance analysis
  • Monthly inventory reconciliations
  • Freight coding, analysis and monthly accruals for Specialty and Drivelines
  • Prepare labor, burden, material, and freight rates for annual standards revision
  • Maintain standard cost system, including costing new parts through workflow/PCNs
  • Work with Operations/Engineering concerning process changes and cost impacts
  • Serve as finance team member for appropriations requests to drive EBITDA improvement
  • Ensures SOX compliance through annual testing requirements

Job Requirements:


QUALIFICATIONS
  • Bachelor's Level Degree required
  • 1-3 years of finance/accounting experience required
  • Strong analytical and organization skills (ability to recognize and resolve issues)
  • Ability to function in a changing environment and meet scheduled deadlines
  • Experience utilizing critical analysis and thinking skills to articulate financial results.
  • Advanced Microsoft Office capabilities including Excel and Access
  • Ability to work with employees and leaders from multiple functions/levels

Bonus Potential:
This position is eligible for Cummins-Meritor’s Incentive Compensation Plan, which offers payouts based on company performance, job level, and individual performance.
Benefits:
Cummins-Meritor provides a comprehensive total rewards benefit program. Options include medical, dental, vision, Health savings account, flexible spending accounts, retirement savings plan, sickness and accident benefits, life insurance, paid vacation & holidays, employee assistance program, vehicle discounts and more.
Diversity Statement:
At Cummins-Meritor, all are welcome. Our focus is on creating a people-focused culture that enables each one of us to perform at our best. Celebrating the uniqueness of our individual team members helps us build diverse teams where we all can thrive. At Cummins-Meritor, we run together. You belong here.

#LI-KL1
#LI-Onsite

Meritor is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status.

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Job Snapshot

Employee Type

Full-Time

Street Address

22021 Skyway Church Road

Location

Maxton, NC (Onsite)

Job Type

Finance, Accounting

Experience

Not Specified

Date Posted

04/14/2023

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