Financial Operations Analyst
Avnet
Who We Are: At Avnet, relationships matter. We are a global, FORTUNE ® 500 technology distributor and solutions company that delivers design, supply chain and logistics expertise to customers at every stage of a product's lifecycle. Our employees have a front row seat to the latest innovations shaping the world we live in and the future we share. We're driven to help our customers around the world succeed and we do so by earning the trust of some of the biggest names in technology. Working at Avnet means being a part of a global team. We work collaboratively and with integrity, doing business the right way. For more than a century, we have partnered together to help our customers, suppliers and teammates realize the transformative possibilities of technology. Experience what's next at Avnet! Job Summary: Reports, analyzes and interprets financial and operating data for accounting and business operations management. Generates financial forecasts and creates financial models to support the organization's financial and business planning decisions. Principal Responsibilities:
- Provides analytical support to management to include Profit and Loss (P&L) projections/forecasts, scenario planning, ratio analysis, budgeting, and cost analysis related to business models.
- Performs economic research and studies in the areas of rates of return, depreciations, working capital requirements, investment opportunities, investment performance and impact of governmental requirements.
- Gathers, analyzes, prepares and summarizes recommendations for financial plans, acquisition activity, trended future requirements and operating forecasts.
- Prepares journal entries, calculates accruals, allocates expenses, and closely interacts with the accounting team during the month-end close process.
- Responds to information requests from internal customers and others as assigned.
- Develops financial reports for forecasting, trending, and narrative results analysis for management.
- Develops and distributes standard and ad-hoc monthly reporting.
- Reviews and analyzes reports in order to verify results.
- Works with management to develop, monitor and report-out on key performance indicators for the business.
- Assists with the development, preparation, and presentation of short- and long-range financial plans.
- Other duties as assigned.
- Foundational knowledge of specialized disciplines, industry practices and standards, acquired via academic instruction and/or relevant work experience of substantially the same level.
- Develops solutions to defined tasks, typical assignments and projects. May be solved by the application of specialized foundational knowledge, using existing approaches and solutions.
- Work is usually performed independently and requires the exercise of judgment and discretion. Receives initial direction although work may be reviewed for accuracy and quality.
- Collaborates with immediate management and team members within the department or function.
- Actions typically affect own work assignments and department. Erroneous decisions or failure to accomplish work may require some assistance or resources to remedy.
- Typically less than 2 years with bachelor's or equivalent.
- Bachelor's degree or equivalent experience from which comparable knowledge and job skills can be obtained.
- Knowledge of GAAP and complex accounting systems
- Generous Paid Time Off
- 401K and Pension Plan
- Paid Holidays
- Family Support (Paid Leave, Surrogacy, Adoption)
- Medical, Dental, Vision, and Life Insurance
- Long-term and Short-term Disability Insurance
- Health Savings Account / Flexible Spending Account
- Education Assistance
- Employee Development Resources
- Employee Wellness, Leadership Development and Mentorship Programs
Vacancy posted 3 days ago
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