Senior Accounting Analyst
Timken Co
Senior Accounting Analyst
North Canton, Ohio, United States, 44720 What Timken makes possible begins with you. Those who came before us helped land a man on the moon, create the world's infrastructure, and introduce renewable energy alternatives. Now you can join the Timken team to write your own unique story and help drive what's next. A career at Timken means you can have an immediate impact doing Work That Matters to the world— improving the efficiency of today's industrial equipment and preparing for the future of motion on our planet and beyond. New employees can start contributing right away, and there are many opportunities to advance your career at your own pace. Join our global team of 19,000 people in 45 countries, and start helping our customers push the limits of what's possible in their world of motion.
Purpose: This position exists to ensure the company has financial statements that are accurate, timely, and prepared in accordance with U.S. GAAP (Generally Accepted Accounting Principles). This position is responsible for completion and analysis of financial statements (Profit & Loss, Balance Sheet, and Statement of Cash Flows) for assigned Timken legal entities and business units.
Essential Responsibilities:
- Prepare and analyze monthly financial statements, providing fluctuation analysis and detailed explanations for significant financial statement variances.
- Complete month-end, quarter-end, and year-end closing activities, including journal entries, account reconciliations, and financial analysis accurately, timely, and in compliance with U.S. GAAP.
- Lead and support fixed asset accounting activities, including capitalization of assets, depreciation accounting, asset retirements, transfers, impairments, and Construction-in-Progress (CIP) monitoring and review.
- Review capital project and expenditure activity to ensure compliance with company capitalization policies and U.S. GAAP requirements.
- Evaluate planned and actual expenditures and recommend accounting treatment adjustments when necessary.
- Support special projects and other duties as assigned, with a focus on continuous improvement and adherence to evolving accounting standards and best practices.
Technical/Functional Skills:
- Strong knowledge of U.S. GAAP and accounting concepts, including property, plant, and equipment (PP&E) accounting.
- Experience with ERP systems, preferably SAP
- High proficiency with Microsoft Office applications, particularly Excel.
- Strong analytical, problem-solving, and organizational skills with exceptional attention to detail.
- Ability to work independently and effectively collaborate with finance, operations, engineering, and project teams across domestic and international subsidiaries.
- Effective oral and written communication skills, including the ability to explain accounting concepts and provide guidance to non-finance stakeholders.
Minimum Requirements:
- Bachelor's Degree in Accounting, Finance, Economics, or related field. Master's degree preferred.
- 4+ years experience in Accounting or Financial Analysis, manufacturing industry experience is a plus.
- CPA or CMA licenses preferred
This position may require access to United States export controlled technical data ("CTD") and hardware under the Departments of US State (ITAR) and/or Commerce (EAR). Eligible candidates are; US Citizens, Green Card holders, Asylees or others eligible to receive US export license authorizations. Candidate must be authorized to work in the US. All qualified applicants shall be treated equally according to their individual qualifications, abilities, experiences and other employment standards. There will be no discrimination due to gender or gender identity, race, religion, color, national origin, ancestry, age, disability, sexual orientation, veteran/military status or any other basis protected by applicable law.
Timken is a global technology leader in engineered bearings and industrial motion. Our expanding portfolio of next-generation solutions helps customers around the world improve efficiency, solve their toughest challenges, and push the boundaries of performance. We employ 19,000 people globally, operate from 45 countries, and posted $4.6 billion in sales in 2025. We have been recognized as one of America's Most Responsible Companies 6x by Newsweek and one of the World's Most Ethical Companies® 15x by Ethisphere.
Why Choose Timken?
- Over a century of knowledge and innovation
- A culture of top performance
- A global, diverse environment
- Products that contribute to a sustainable world
- A conviction to improve communities around us
- Competitive salary and benefits
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