Title:  Sr Financial Analyst

Position: Sr. Financial Analyst

About Advanced Energy

Advanced Energy Industries, Inc. (NASDAQ: AEIS), enables design breakthroughs and drives growth for leading semiconductor and industrial customers. Our precision power and control technologies, along with our applications know-how, inspire close partnerships and innovation in thin-film and industrial manufacturing. We are proud of our rich heritage, award-winning technologies, and we value the talents and contributions of all Advanced Energy's employees worldwide.

Responsibilities

1. Inventory

General responsibilities are accounting and internal reporting for all Balance Sheet and P&L accounts.

• Performs all assigned month-end duties and reporting schedule (Inventory & Purchasing periods opening and closing, GIT Reconciliation, Net Inventory Reconciliation, Inventory monthly JE’s).
• Investigates variances between subledger and GL and provides guidance and/or resolution of reconciling items.
• Assesses the appropriateness and accuracy of the Net Intercompany Profit-in-Inventory and elimination.
• Approvals and coding for Miscellaneous Receipts and Issues.
• Inventory flux analysis MoM and QoQ.
• Works directly with both internal and external auditors on financial audits.
• Supports annual physical inventory counts.
• Match year-end hub balances against email confirmations provided by hub representatives.

2. Capex

Mainly responsible for providing accurate and timely analysis of actuals and forecasts for Capex Reporting.

• Consolidate Global capex inputs, update CMS and reconcile Budget vs. Forecast.
• Prepare Monthly Capex Cash Paid and Unpaid report.
• Assignment and closure of SAP BCN completed.
• Proactively provide guidance to different finance teams to drive insights and value into capex reporting.

3. Other Responsibilities

• Lead financial planning and forecasting processes, ensuring accuracy and timeliness.
• Play a pivotal role in the expansion of Corporate FP&A Center of Excellence in the Philippines.
• Collaborate with cross-functional teams to provide insights and recommendations.
• Participates in Next Generation S4 Hana activities.
• Handles Blackline and SAC.
• Collaborate with cross-functional teams to provide insights and recommendations.
• Prepare other ad-hoc financial report/analysis as requested.
• Participates in system and process improvements

 Qualifications

• Candidate must possess at least a Bachelor’s/College Degree in Finance/Accounting. Preferably CPA or equivalent related certification.
• At least 5 years’ experience as Financial Analyst.
• Flexible and adaptable to change of priorities and work schedule.
• Strong background in Cost and Financial Accounting from a manufacturing industry.
• Detail-oriented, organized and with high level of integrity and work values.
• Ability to communicate effectively verbally and in writing and work well with all levels of employees.
• Meticulous, strong team players have good analytical and problem-solving skills.
• Ability to interact and work with internal and external stakeholders worldwide.
• Working knowledge in ERP/Finance Systems (Oracle, SAP), advanced proficiency level in MS Excel.

As part of our total rewards philosophy, we believe in offering and maintaining competitive compensation and benefits programs for our employees in order to attract and retain a talented, highly engaged workforce. Our compensation programs are focused on equitable, fair pay practices including market-based base pay, an annual pay-for-performance incentive plan, we offer a strong benefits package in each of the countries in which we operate.

Advanced Energy is committed to diversity in its workforce including Equal Employment Opportunity for Minorities, Females, Protected Veterans, and Individuals with Disabilities.

We are committed to protecting and respecting your privacy. We take your privacy seriously and will only use your personal information to administer your application in accordance with the RA No. 10173 also known as the Data Privacy Act of 2012.