Lead Financial Analyst Corporate Accounting

Job Summary

The Lead Financial Analyst is an integral part of the monthly financial close and consolidation, corporate financial reporting, compliance reporting, and analysis for management. Reporting to the Financial Systems Manager, this team of two works with and in support of corporate accounting, division controllers, the financial reporting director, and both the group and corporate controllers.

The successful candidate will combine strong technical accounting and financial analysis skills with the ability to manage multiple deadlines, consistently deliver accurate reporting, and communicate effectively with stakeholders. This position does not allow for sponsorship or relocation assistance.

This role operates on a flexible hybrid schedule (4 days in office per week).

Key Responsibilities

Financial Reporting and Analysis

- The position will be accountable for reporting and preparation of reporting templates. Works closely with the corporate accounting department and division controllers with focus on consolidating the monthly close including topside and elimination, tax and treasury entries.
- Financial Reporting: Provide ad hoc reporting and analysis utilizing Excel based Spreadsheet Server reporting capabilities. This position will develop and maintain reports and processes for accounting teams working in division operations in support of the Group Controller.

Compliance and Reporting

- International Legal Entities: Responsible for monthly accounting, account reconciliation and reporting for various holding companies. Provide support for audit requests.
- SEC Reporting: Support the Financial Reporting Director with reports and analysis in support of the compilation of financial statements in accordance with SEC reporting requirements.
- Investor Relations: Assist the Corporate Controller in preparation of slide presentations for investors, management and board members.
- Internal Reporting: Provide routine and ad hoc consolidated reporting and analysis to corporate management and internal audit.

Financial Planning and Analysis

- Participate in the consolidated budgeting and forecasting process.
- Prepare plan schedules, variance analysis, and supporting reports for management review.

Required Qualifications

- Bachelor’s degree in Accounting required.
- Minimum 8+ years of relevant experience.
- Revenue, finance or accounting experience is essential.
- Ability to work with senior stakeholders and manage priorities.
- Commitment to maintain accurate, timely and confidential financial information.
- Strong PC skills to include: spreadsheets, graphs and presentation slides.
- Demonstrated proficiency using MS Office.
- Willingness to work occasional overtime for certain tasks, as required. (i.e. board, plan, or SEC related)
- Strong analytical, problem-solving, and communication skills.
- Superior analytical skills-macro (financial trends, comparisons, relationships) and micro (getting to the "root cause").
- Ability to work independently and responsibly.
- Excellent attendance and punctuality.
- Must be a highly motivated self-starter.
- Attend occasional in house and outside training sessions.
- Learn and comply with policies and procedures, work instruction, and Safety Rules and Regulations.

Preferred Qualifications

- CPA or MBA
- Experience in the construction, manufacturing, or other project-based industries.
- Experience with percentage-of-completion accounting and revenue recognition.
- Big Four public accounting or industry experience.
- Experience supporting SEC reporting, quarterly audits, or investor relations.
- Experience with Oracle EBS, EPM, Spreadsheet Server, or similar financial systems.
- Experience working with international legal entities or tax-structured holding companies.

Working Conditions

- The employee typically performs duties in a normal office environment. There will be some work in a manufacturing environment and exposure to the elements of our factory. Additionally there may be some work performed in the field with exposure to construction sites or active customer facilities.
- It is the policy of Powell Industries to promote safe working conditions for ALL employees, to make available where necessary special equipment to protect employees against specific hazards, to reduce accidents through prevention programs and to establish rules that are designed for the safety of all. It is the responsibility of each employee to adhere to this policy, as well as to observe all safety practices and exercise every precaution for the safety of accidents.

Physical Requirements

- The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Regularly required to use hands to touch, hold, handle, or feel.
- Frequently required to stand; walk; sit; reach with hands and arms; stoop, kneel, crouch, or crawl; and talk or hear.
- Must occasionally lift and/or move up to 65 pounds.
- Maintaining body equilibrium and agility to prevent falling when walking, standing, crouching, ascending or descending stairs.

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