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Parker Hannifin Corporation Financial Analyst (w/m/d) in Hilden, Germany

Financial Analyst (w/m/d)

Location : Hilden, NW, Germany

Job Family : Accounting/Auditing

Job Type : Regular

Posted : May 31, 2024

Job ID : 48764

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Job Description

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Parker LORD is a growing global company headquartered in the United States and a worldwide market and technology leader in adhesives and coatings, vibration and motion control, and thermally conductive technologies. For more than 100 years, Parker LORD has partnered with our customers to provide innovative solutions for automotive, industrial, aerospace and oil and gas markets. Parker LORD develops, manufactures and distributes rubber-to-metal bonding adhesives, coatings and thermally conductive products. We continue to invest in new solutions that will help move every person in the world.

Parker LORD is part of Parker Hannifin, a Fortune 250 company and a global leader in motion and control technologies. Parker Hannifin Corporation's Engineered Materials Group is a global leader in the manufacture of polymer sealing systems and engineered components, as well as EMI shielding and thermal interface materials.

At Parker LORD we are looking for a

Financial Analyst (w/m/d)

To join our team in Hilden, Germany

Role Responsibilities

Controlling activities

  • Coordinate the monthly, quarterly, and yearly activities related to the closing cycle for the operations in Turkey through timely submission and consolidation of the financial data. Contribute directly to ensure high-level quality and accuracy of the financials prepared within the agreed closing time timeline.

  • Prepare Accounts Reconciliations and Journal Entries according to Company policies and ensure timely submission of the appropriate supporting documentation.

  • Coordination of third-party accounting provider in delivering the activities as per the service level agreement and in compliance with Company policies and USGAAP requirements.

  • Coordination of the material cost calculation and annual standard cost preparation as well as the proper evaluation of the annual inventory. Supervision of monthly and yearly inventory stock take in collaboration with Supply Chain and within the guidance issued by LORD Division EMEA controlling.

  • Ensure compliance with US GAAP, Company Policies and Sarbanes-Oxley (“SOX”) requirements. Coordination of SOX quarterly review and support the implementation and development of continuous improvement and any remediation actions identified.

  • Support Supply Chain Analyst by providing guidance and training regarding inventory management.

  • Support the EPM division in Closing and SOX related activities for the EMEA region.

    Financiel Analysis

  • Provide financial insights, business analysis as requested by the EPM division (profitability analysis, cost center spending report, pricing, POP and product mix analysis, SGM analysis and bridges etc.).

  • Provide timely bridges per Corporate and Group guidance to better understand the performance of the business and highlight opportunities for profitability improvement over-time. Support the EPM Location Controller in preparing monthly financial packages and answering to follow-up questions through coordination across functions in EMEA.

  • Support the monthly, quarterly and yearly forecast process by consolidating data inputs and providing analysis on assumptions.

    Ad-hoc projects

    Support new projects and developments related to LDE Finance team and organization related to process optimization, LEAN and continuous improvement, system standardization and implementation.Support new projects and developments related to LDE Finance team and organization related to process optimization, LEAN and continuous improvement, system standardization and implementation. Support new projects and developments related to LDE Finance team and organization related to process optimization, LEAN and continuous improvement, system standardization and implementation.

    Requirements

  • Bachelor’s degree in Accounting, Finance

  • 4-6 years’ experience in general and cost accounting area

  • Exposure to USGAAP and SOX preferred

  • Analytical and technical skills required to understand business practices

  • Functional understanding of cost accounting and adopt to practical application

  • Excellent written, verbal, and interpersonal communication skills for effective interface with all internal and external contacts

  • English mandatory, other European languages appreciated (ie. French, German, Italian)

    Benefits

    International Collaboration -We are proud of our international corporate culture. The personality and attitude of our employees is what sets us apart.

    Our way of working -We work in cross-departmental and international project teams. 80% of our employees work in high-performance teams.

    Flexible working -Family-friendliness and flexible working hours with a proportion of mobile working for a good work-life balance are important to us.

    Competitive compensation -We offer attractive compensation in line with the market, including a share in the company's profits.

    Company pension scheme -We want our employees to be well off when they retire, which is why we offer an employer-financed company pension scheme.

    Group accident insurance -Our employees are covered by our group accident insurance for work-related and private accidents.

    Development opportunities -We value the development of each individual. Our employees are encouraged and developed according to their abilities.

    Are you interested?

    We look forward to receiving your detailed and complete application documents, including details of your salary expectations and earliest starting date.

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