Boehringer Ingelheim Financial Analyst II/III - Cost Accounting - Pharma in FREMONT, California
Boehringer Ingelheim is an equal opportunity global employer who takes pride in maintaining a diverse and inclusive culture. We embrace diversity of perspectives and strive for an inclusive environment which benefits our employees, patients and communities.
Provide and articulate high-level analyses and supplement data to support decision-making process, coordinate budget and planning processes where appropriate (Outlook/Outlook+1 & LTF II), proactively support Controlling and businesses, for all levels of management within BIFI functions. Prepare key management reports for internal U.S. and Operations management and/or to parent company in Ingelheim/Biberach Germany.
As an employee of Boehringer Ingelheim, you will actively contribute to the discovery, development and delivery of our products to our patients and customers. Our global presence provides opportunity for all employees to collaborate internationally, offering visibility and opportunity to directly contribute to the companies' success. We realize that our strength and competitive advantage lie with our people. We support our employees in a number of ways to foster a healthy working environment, meaningful work, diversity and inclusion, mobility, networking and work-life balance. Our competitive compensation and benefit programs reflect Boehringer Ingelheim's high regard for our employees.
Duties & Responsibilities:
Provide financial and business support to various Controlling personnel and/or business unit or directly to management of the company. Act as a key liaison between on-site Controlling and to parent company in Ingelheim/Biberach, where appropriate. Analysis should add value and support/lead to timely and accurate business decisions. Data should be consistent with SAP system and should comply with German and US GAAP.
Act as a consultant for the business in all financial areas including Budget preparation, Outlook, LTF II and various account analyses and/or business scenarios. Analysis should be timely, accurate and supported by data from existing SAP system. Analysis will provide the basis for both strategic and tactical decision making to include site spending on Operating expenses and Capital.
Independently compile and prepare high-level analysis and supplement data when necessary including presentation materials and commentary, etc., related to the Budget and Strategic Plans for functional expenses and capital. Ensure data is accurate and reflects planned activities, key reporting due dates are met and Ingelheim/Biberach reporting requirements are satisfied accurately and on time. Analysis should be supportive of both strategic and tactical decision making.
Prepare financial review reports and/or financial statements and writes clear, concise commentary for review by internal management or submission to Ingelheim/Biberach and Ridgefield. Reporting should be timely, accurate and supported by data from existing SAP system. Reporting should also be in compliance with German and US GAAP.
Prepare and/or present analyses, budgets and plans to all levels of management. Analysis, Budgets and Strategic Plans should add value and support to timely tactical and strategic business decision making. Position will work closely with Operations, PS, and Business Contract personnel to understand product costing.
Ensure that key Budget cycle and Strategic Plan data for operating expenses and capital are properly prepared and are accurate in all relevant systems. (for example, SAP, PRISMA, BPC and PaRS) to insure consistency between all systems used for analysis.
Assist in the Capital Budgeting Process Capital Analyst on Capital Budget Development, Depreciation expense forecasting, Cash Flow projections, Balance Sheet projections for Plant, Property & Equipment and Real Estate reporting.
Develop labor, overhead, and machine cost rates based on annual budgeted costs to ensure Corporate guidelines and general accepted accounting principles are being followed. Prepare budget and requested product standard costs in SAP and update PaRS and Hyperion financial systems. Establish inter-company pricing as part of the Budget process. Audit and reconcile account activity and balances for accuracy and for preparing explanation of financial results. (e.g., destruction’s, obsolescence reserves, vendor management, inventory, etc.).
Manage local CapEx projects to work with Project Engineers to coordinate end-to-end process. Manage local Fixed Assets that includes capitalization of PP&E and responsible for balance sheets reconciliations, and provide assistance to auditors by preparing work papers / financial reports.
Participate in assigned projects designed to improve or sustain company products and processes.
Financial Analyst II Requirements:
Bachelor’s degree from an accredited institution is required - Accounting, Finance or other business related field a plus.
Three (3) to five (5) years of Finance and/or Cost accounting experience.
Financial Analyst III Requirements:
Masters’ degree in Business, Finance, Accounting, Economics or related and/or Bachelors’ degree in Business Administration.
Minimum five (5) to seven (7) years’ work experience with increasing responsibility in areas of Accounting, Finance and Operations preferably Cost Accounting.
Financial Analyst II/III Requirements:
Experience leading projects is required - Adhoc, process controls, continuance improvement, ERP implementation, Expansion projects work with Germany for best practices, time keeping systems ops hours for manufacturing
In depth knowledge of Budgeting and Analysis.
Experience and strong working knowledge of SAP R/3, BW and BPC.
Business acumen with analytical and problem solving skills; understanding of controlling principles.
Strong communication, emotional intelligence, presentation and interpersonal skills with a high level of professionalism.
Advanced experience with the standard Windows applications – Excel, PowerPoint, etc.
Solid understanding of and experience with financial business processes – Net Present Value Calculations, payback calculations and IRRs.
In depth work experience in cost accounting and inventory accounting, as well as Capital Project/Fixed Asset management.
Ability to work in multi-cultural environment.
Extended hours sitting and or walking.
May require occasional standing, climbing stairs or ladders.
Requires constant writing and use of a computer keyboard and fine finger dexterity for occasional grasping or pinching.
May require occasional bending or low level work.
Must be able to user applicable personal protective equipment, such as a hard hat, safety glasses, ear protection, lab coat and/or safety shoes.
May be required to work occasionally in high or low temperatures.
Must be able to read electronic documents of all types.
Hearing and visual acuity required - contact lenses are permitted.
Color vision is required.
Must be legally authorized to work in the United States without restriction.
Must be willing to take a drug test and post-offer physical (if required)
Must be 18 years of age or older
Boehringer Ingelheim is one of the world’s top 20 pharmaceutical companies and operates globally with approximately 50,000 employees. Since our founding in 1885, the company has remained family-owned and today we are committed to creating value through innovation in three business areas including human pharmaceuticals, animal health and biopharmaceutical contract manufacturing. Since we are privately held, we have the ability to take an innovative, long-term view. Our focus is on scientific discoveries and the introduction of truly novel medicines that improve lives and provide valuable services and support to patients and their families. Employees are challenged to take initiative and achieve outstanding results. Ultimately, our culture and drive allows us to maintain one of the highest levels of excellence in our industry. We are also deeply committed to our communities and our employees create and engage in programs that strengthen the neighborhoods where we live and work. Boehringer Ingelheim, including Boehringer Ingelheim Pharmaceuticals, Inc., Boehringer Ingelheim USA, Boehringer Ingelheim Animal Health USA, Inc., Merial Barceloneta, LLC and Boehringer Ingelheim Fremont, Inc. is an equal opportunity and affirmative action employer committed to a culturally diverse workforce. All qualified applicants will receive consideration for employment without regard to race; color; creed; religion; national origin; age; ancestry; nationality; marital, domestic partnership or civil union status; sex, gender identity or expression; affectional or sexual orientation; disability; veteran or military status, including protected veteran status; domestic violence victim status; atypical cellular or blood trait; genetic information (including the refusal to submit to genetic testing) or any other characteristic protected by law.
Boehringer Ingelheim is firmly committed to ensuring a safe, healthy, productive and efficient work environment for our employees, partners and customers. As part of that commitment, Boehringer Ingelheim conducts pre-employment verifications and drug screenings.
Organization: US-BI Fremont
Title: Financial Analyst II/III - Cost Accounting - Pharma
Location: Americas-United States-CA-Fremont
Requisition ID: 185612