Sr Financial Analyst - Global Inventory

About Advanced Energy
Advanced Energy (Nasdaq: AEIS) is a global leader in the design and manufacturing of highly engineered, precision power conversion, measurement and control solutions for mission-critical applications and processes. AE’s power solutions enable customer innovation in complex applications for a wide range of industries including semiconductor equipment, industrial, manufacturing, telecommunications, data center computing and healthcare. With engineering know-how and responsive service and support around the globe, the company builds collaborative partnerships to meet technology advances, propel growth for its customers and innovate the future of power. Advanced Energy has devoted four decades to perfecting power for its global customers and is headquartered in Denver, Colorado.
POSITION SUMMARY:
The Senior Financial Analyst - Global Inventory is responsible for the timely and accurate collection of financial information, and reporting of cost-related financial information and cost variance analysis at a corporate level. This role will participate in global projects as required to support business decisions and profitability improvement. The position will assist the Senior Finance Manager in defining, deploying, and harmonizing manufacturing and cost accounting policies and practices across Advanced Energy’s diverse global footprint of factories and service centers.
RESPONSIBILITIES:

• Ensures Cost of Sales (COS) is stated correct in SAP CO-PA (Profitably Analysis)
• Works directly and effectively with all levels of the organization, across multiple continents and time zones
• Assist in next Generation ERP implementation
• Supports financial modeling and preparation of financial plans for Operations & Supply Chain initiatives as part of quarterly forecast and annual operating plan (AOP) cycles
• Provide commentary for variances monthly
• Assists in setting standard cost for new parts during the year
• Proactively identifies trends and opportunities and makes recommendations to the factory finance teams to improve processes, drive efficiencies and/or enhance financial performance
• Acts as a leader within the finance organization, mentoring and potentially managing (based on organizational needs) financial analysts and accountants
• Executes month-end close, including review and approving required journal entries, account reconciliations and month-end analysis of actuals vs forecast. Example of journal entries are capitalization of variances into inventory, demo/eval reserve, and freight accruals, at a corporate level
• Supports development, deployment and management of globally harmonized processes and policies, including but not limited to Inventory Accounting, Standard Costing, Full Absorption Accounting, Excess & Obsolete Inventory Accounting, Freight Accounting, etc.
• As a member of the global finance organization, monitors and works within the internal control environment and partners, as needed, with both internal and external audit teams

WORK ENVIRONMENT:

• Location: Denver, CO
• Some travel may be required    

QUALIFICATIONS:

• Develops successful working relationships with Strategic Global Finance team
• Ability to perform clean, timely, accurate work in a fast paced, global environment
• Self-driven with the ability to work effectively in ambiguity
• Strong work ethic, exceptional “say/do” ratio. Highly ethical in all practices and recommendations
• Strong verbal & written English communication skills
• Eager to learn, execute effectively, then drive continuous improvement
• Ability to utilize the full Microsoft Office Suite at an advanced level of proficiency (MS Excel in particular)
• Prior experience with an integrated ERP system, including Financial Planning and Consolidation (SAP preferred)
• Solid judgement with a wide degree of creativity and curiosity
• Dedicated to work hard to help achieve company goals
• Works directly and effectively with all levels of the organization, across multiple continents and time zones

EXPERIENCE:
Essential:

• 5-8 years of progressive accounting/financial experience in a manufacturing environment

Desirable:

• Previous experience in Cost/Manufacturing Accounting
• Previous financial management experience in a global high tech and/or manufacturing company

EDUCATION:

• Bachelor’s degree in Finance, Accounting, or equivalent

COMPENSATION:
As required by multiple state pay transparency laws, Advanced Energy provides a reasonable range of compensation for each job posting. Actual compensation is influenced by an array of factors including, but not limited to, skill set, level of experience, and specific office location. The range of starting pay for this role is $90,000 to $110,000 per year.
BENEFITS:
As part of our total rewards philosophy, we believe in offering and maintaining competitive compensation and benefits programs for our employees 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, and discounted Employee Stock Purchase Plan. 
In addition to our competitive compensation practices, we offer a strong benefits package in each of the countries in which we operate. In the U.S., we offer a rich benefits package that includes:

• Tuition reimbursement
• Health savings and flexible spending accounts
• Other voluntary benefits include pet insurance, identify theft, legal assistance, critical illness, and voluntary accident insurance
• Short and long-term disability and life insurance
• Generous paid time off starting at 4 weeks, 7 holidays and 3 floating holidays
• Medical - 4 different health care plan options, dental, and vision
• Expanded mental health coverage and employee assistance programs 
• 8 weeks of paid parental leave for both Moms and Dads
• Company matched 401(k)
• 8 hours of paid volunteer time off

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