Senior Financial Analyst, Technical Accounting

About Us

BorgWarner is a global product leader in delivering innovative and sustainable mobility solutions. We are a company of innovators and independent thinkers that brings together talented employees, meaningful work and amazing technology in a unique environment. At BorgWarner, we constantly work towards our vision of a clean and energy-efficient world.

Our Culture

BorgWarner promotes and nurtures a diverse and inclusive environment, honors integrity, strives for excellence, commits to responsibility for our communities and the environment, and builds on the power of collaboration. We believe the health and safety of our employees are a top priority.

Career Opportunities

We manage talent as seriously as we manage our businesses and encourage you to learn about our proud history, strong culture, technologies, and vision for the future. We offer positions locally and globally with over 80 locations in 19 countries.

If this position energizes you and you feel you can help us achieve our mission and vision, you are invited to submit an application for consideration.

You may see the list of requirements and feel you do not meet all of them. However, remember that BorgWarner thinks differently. If your qualifications align with the majority of those outlined in this job description, we encourage you to apply and share your experience and skills with us.

Job Purpose

The Senior Financial Analyst, Technical Accounting will be responsible for the accounting related to the companys 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 companys 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 Companys 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:

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