American Axle & Manufacturing

Sr. Financial Analyst

American Axle & Manufacturing$80K — $95K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting, Finance, or related field.
  • 5-7 years of accounting, cost accounting, or financial analysis experience in manufacturing.
  • Experience in inventory accounting and standard costing.
  • Proficiency in budgeting and forecasting practices.
  • Familiarity with ERP systems, preferably Plex.

Responsibilities

  • Lead and maintain internal financial controls in compliance with Sarbanes-Oxley (SOX).
  • Assist in managing the standard cost process, including labor, material, and overhead rates.
  • Prepare journal entries for the monthly financial closing process.
  • Conduct monthly balance sheet reconciliations and resolve discrepancies.
  • Collaborate with Inventory Manager for accurate material transactions and inventory valuation.
  • Coordinate with Materials Department during physical inventory counts.
  • Partner with operations for accounting guidance and financial reporting support.

Benefits

  • Comprehensive health and wellness programs.
  • Retirement savings plan with company match.
  • Opportunities for professional development and training.
  • Flexible working hours with hybrid options.
  • Supportive work environment that encourages growth.
Full Job Description

Job Posting Title

Sr. Financial Analyst

Job Description Summary

Leads the organization's accounting activities, including financial record keeping and reporting.Maintaining records of organization's financial activity in accordance with GAAP, organizational standards, and in compliance with Section 404 of the Sarbanes-Oxley Act.Creating reports on financial performance for internal and external use.Completing month-end, quarter-end, and year-end closing activities related to foreign exchange, cash management, and tax, including preparing the appropriate audit work papers for such activities.Supporting and assisting junior accounting staff in the development of their professional skills.

Job Description:

  • Coordinate, administer, and maintain internal financial controls, including compliance with Sarbanes-Oxley (SOX) requirements.
  • Assist the Finance Manager in managing and maintaining the standard cost process, including material, labor, overhead rates, and cost roll updates within production systems.
  • Prepare standard and miscellaneous journal entries as part of the monthly financial close process.
  • Complete monthly balance sheet account reconciliations and resolve discrepancies in a timely manner.
  • Partner with the Inventory Manager to ensure accurate accounting for material transactions and proper inventory valuation.
  • Coordinate with the Materials Department during physical inventory counts and reconcile perpetual inventory records to the general ledger.
  • Collaborate with operations and other departments to provide accounting guidance and financial reporting support for business transactions.
  • Prepare financial data, reports, and analyses for internal management reporting and external reporting requirements.
  • Assist in the preparation of monthly forecasts and annual operating budgets.
  • Support the Finance Manager with special projects, cost studies, profitability analyses, and new business evaluations.
  • Develop statistical reports and provide recommendations that contribute to cost reduction initiatives and profit improvement opportunities.
  • Respond to internal and external audit requests by gathering, analyzing, and providing supporting documentation.
  • Track capital project expenditures and ensure appropriate capitalization in accordance with company policies and accounting standards.
  • Perform other accounting and finance-related duties as assigned by the Finance Manager.

Required Skills and Education

  • Bachelor's degree in Accounting, Finance, or related field required.
  • Minimum of 5-7 years of accounting, cost accounting, or financial analysis experience in a manufacturing environment preferred.
  • Experience with inventory accounting, standard costing, budgeting, and forecasting.
  • Experience working with ERP systems, preferably Plex.

About American Axle & Manufacturing

American Axle & Manufacturing Holdings, Inc. (AAM) is a leading global Tier 1 automotive supplier of driveline and metal forming technologies that are used to power a wide range of vehicles. AAM’s products are found in vehicles that drive on the road, fly through the air, and even drive under the sea. AAM’s engineering, design, and manufacturing capabilities allow it to produce products that meet the needs of its customers around the world. AAM has over 25,000 associates operating at nearly 90 facilities in 17 countries to support its customers on global and regional platforms with a focus on quality, operational excellence and technology leadership.
Learn more about American Axle & Manufacturing
Size
18,000 employees
Market Cap
$872.8 million
Industry
Net Income
-$561.2 million
Founded
1994
5 Year Trend
+5.5%
Revenue
$4.7 billion
NASDAQ

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