Senior Financial Analyst

Job Description:

Position Summary:

The Sr. Financial Analyst (Purchasing Finance) provides financial support to the procurement department by effectively preparing and improving reports and analyses used for purchasing decisions, as well as tracking the financial results generated by the procurement function. The person in this position will be responsible for preparing budget targets for the procurement department, as well as short-term forecasts and variance analysis. Additionally, they will participate in special projects, enabling the development of analytical and technical skills. Independence, accountability, teamwork, and strong communication skills are required and will contribute to achieving organizational goals.

Primary Responsibilities:

Providing financial support to the NA procurement team (regular participation in meetings, supporting cost-saving initiatives, preparing reports and analyses) Monitor and explain Purchase Price Variance (PPV), accruals, reserves, and the financial impact of raw material price fluctuations Ensuring accuracy of SAP BI procurement reports (in cooperation with IT) Analysis of raw material indexed prices and their impact on material costs Supporting month-end closing and reporting requirements Participating in budgeting and short-term financial forecasting Collaborate effectively with colleagues across Finance, Commercial, and Purchasing departments Participating in assigned special projects as needed

Education and Qualifications:

Education:

Bachelor's or Master's degree in Accounting or Finance Professional experience: Minimum 5 years of experience in Financial Analysis / Accounting Language skills: Advanced English level enabling fluent communication Technical skills: Strong Microsoft Excel skills, experience in big data analysis IT systems: Experience with or willingness to learn

SAP, SAP BI, HFM

for performance reporting Analytical thinking: Excellent problem-solving and analytical skills Motivation and commitment: Self-driven, responsible, motivated, able to work with minimal supervision Interpersonal skills: Excellent communication skills

Work Environment/Work Conditions:

Professional Office Environment Position Type:

Regular Additional Locations:

Additional Information:

Cooper Standard is proud of its diverse workforce and committed to providing equal employment opportunities to applicants and employees without regard to race, color, religion, sex, national origin, genetic information, physical or mental disability, age, veteran or military status, or any other characteristic protected by applicable law. We are dedicated to creating an environment at work that not only values diversity but also encourages inclusion and a sense of belonging. We firmly believe that a diverse workplace fosters an environment where our employees can flourish and provide superior service to our customers. Because we recognize and value the range of ways in which people acquire experiences, whether personal, professional, or via education or volunteerism, we invite interested applicants to evaluate the key duties and requirements and apply for any opportunities that fit your experience and qualifications. Applicants with disabilities may be entitled to reasonable accommodations under the Americans with Disabilities Act, as well as certain state and/or local laws. If you believe you require such assistance to complete our online application or to participate in an interview, you (or someone on your behalf) may request assistance by emailing recruitment@cooperstandard.com with a description of the accommodation you seek. Application materials submitted to this email address will not be considered.

Remote Status:

Hybrid Cooper Standard, headquartered in Northville, Mich. USA, is a leading global supplier of systems and components for the automotive industry. Products include sealing, fuel and brake delivery, and fluid transfer systems. Cooper Standard employs approximately 24,000 people globally and operates in 21 countries around the world. For more information, please visit www.cooperstandard.com. We are an Equal Opportunity Employer committed to a diverse workforce. Minority/Female/Disabled/Veteran VEVRAA Federal Contractor