BorgWarner Inc

Senior Financial Analyst, Technical Accounting

BorgWarner Inc$92K — $127K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 4+ years' experience in accounting or finance
  • BA in Accounting or Finance required
  • CPA strongly preferred
  • Public Accounting or SEC reporting experience preferred
  • Excellent verbal and written communication skills
  • Highly driven self-starter with problem-solving abilities
  • Strong organizational, critical thinking, and analytical skills
  • Ability to work collaboratively in a team environment

Responsibilities

  • Monitor and manage foreign exchange activities during month-end close
  • Perform net investment hedge capacity calculations
  • Manage annual goodwill impairment testing and pension accounting
  • Conduct technical accounting research for complex transactions
  • Collaborate on preparation of accounting entries and SEC filings
  • Assist in ad-hoc projects for process improvement strategies

Benefits

  • Collaborative team environment
  • Involvement in strategic financial initiatives
  • Opportunity to leverage AI tools and technology for process improvement
  • Support in professional development and skill enhancement
  • Work with a company focused on energy efficiency and sustainability
Full Job Description
Job Purpose

The Senior Financial Analyst, Technical Accounting will be responsible for the accounting related to the company's global hedging program, including working collaboratively with the Treasury function on strategic initiatives to efficiently manage risk exposures and maintaining the accounting portions of the treasury management system. The Senior Financial Analyst will also be responsible for researching and documenting technical accounting positions, providing thought leadership on U.S. GAAP guidance to entities across the globe, accounting and reporting activities for certain technical areas and assisting with various projects as needed, including process improvement and automation, leveraging the use of AI tools and technology. The Senior Financial Analyst, Technical Accounting, will report to the Manager, Technical Accounting.

Key Responsibilities
  • Monitor and manage foreign exchange related activities and support the month end close process, including recording journal entries, preparing reconciliations, and support the global finance teams and related financial reporting activities
  • Perform net investment hedge capacity calculations to support hedge effectiveness testing
  • Perform and/or manage third parties with the company's annual goodwill impairment testing and pension accounting process
  • Perform technical accounting research for unique or complex transactions (such as mergers and acquisition) to determine the appropriate accounting under U.S. GAAP as well as the impact on SEC filings, and document the conclusions in technical accounting memos
  • Work collaboratively with the reporting team on the preparation of the accounting entries and the SEC filings such as the Company's form 10-Q and 10-K
  • Assist in various ad-hoc projects including development of process improvement strategies and updates to accounting policies and procedures.


What we're looking for
  • 4+ years' experience in accounting or finance, prior derivative and/or OneStream experience a plus
  • BA in Accounting or Finance required
  • CPA strongly preferred
  • Public Accounting or SEC reporting experience preferred
  • Excellent verbal and written communication skills
  • Highly driven / self-starter / problem solver
  • Strong organizational, critical thinking and analytical skills
  • Must be able to work in a collaborative team environment


Join the company that is creating solutions that support a cleaner, more energy-efficient world. For more information about BorgWarner, please visit www.borgwarner.com

Salary Range:
$92,800 - $127,600

Internal Use Only: Salary

About BorgWarner Inc

BorgWarner is a global product leader in powertrain solutions. They focus on developing leading powertrain technologies that improve fuel economy, emissions and performance. Their facilities are located across the globe in order to provide local support of their diverse customer base.

BorgWarner Inc Careers

Join the dynamic team at BorgWarner Inc, a global leader in delivering innovative and sustainable mobility solutions for the automotive industry. At BorgWarner, we are committed to fostering a culture of diversity, innovation, and leadership, making it an ideal place for professionals seeking to advance their careers in a forward-thinking environment.

Work You’ll Do

At BorgWarner Inc, you will be part of a professional community that thrives on teamwork, growth, and excellence in the automotive sector. Our company offers a range of job opportunities, from engineering to marketing, each requiring a unique set of skills and offering a path to personal and professional development.

Innovate and Lead

Embrace the chance to work on groundbreaking projects in areas such as electric vehicle technology and eco-friendly propulsion systems. BorgWarner is at the forefront of automotive innovation, providing team members with the opportunity to lead in their fields and contribute to significant industry advancements.

Career Development

BorgWarner Inc is deeply invested in the professional growth of its employees. With comprehensive training programs, leadership workshops, and diversity initiatives, we ensure that every team member has the resources to succeed. Our commitment to career development is reflected in our robust internal promotion and mobility policies.

Join Our Team

Explore the numerous job opportunities at BorgWarner Inc and find the position that best matches your skills and career ambitions. We are continuously hiring talented individuals who are passionate about the future of mobility and are driven to excel in a collaborative and innovative environment.

Internship Programs

Kickstart your career with a BorgWarner internship. Our internship programs offer invaluable hands-on experience and the opportunity to develop essential industry skills. Interns work closely with experienced professionals and are considered integral members of the BorgWarner team from day one.

Benefits and Culture

Choosing a career at BorgWarner means more than just employment. It means being part of a company that values the well-being and satisfaction of its employees. Enjoy a comprehensive benefits package that supports both your professional and personal life, including health, retirement plans, and flexible working arrangements.

Networking and Professional Growth

Expand your professional network through BorgWarner’s global presence and industry connections. Our employees benefit from extensive networking opportunities, which open doors to collaborative projects and partnerships across the industry.

Apply Now

Ready to take the next step in your career? Submit your resume, prepare for your interview, and join a team that’s dedicated to redefining the automotive landscape. At BorgWarner Inc, we are not just filling positions; we are building leaders in the automotive industry.

Stay Connected

Keep up to date with the latest from BorgWarner Inc by following our careers blog. Gain insights from the experiences of our team members and stay informed about new job openings and company news.

Explore BorgWarner Inc Careers

Discover the exciting and rewarding career opportunities waiting for you at BorgWarner Inc. Let your ambition drive you to achieve more as you contribute to the evolution of a cleaner, more energy-efficient world. Join us in making a difference.
Learn more about BorgWarner Inc
Size
49,300 employees
Market Cap
$9.3 billion
Industry
Net Income
$500 million
Founded
1928
5 Year Trend
+10.3%
Revenue
$10.1 billion
NASDAQ

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