Demant

  • Senior Financial Analyst

    Department Demant Finance
    Job Locations US-NJ-Somerset
    Job ID
    2019-7691
  • Overview

    Demant is a world-leading hearing healthcare group that  for more than a century has played a vital part in developing  innovative technologies and know-how to help improve  people’s hearing and health. In every aspect, from hearing  devices, hearing implants and diagnostic equipment to  intelligent audio solutions and hearing care all over the world, Demant is active and engaged.

     

    The Demant Group operates in a global market with companies  in more than 30 countries, employs more than 14,500 staff  and generates annual revenue of DKK 14 billion (approx. 2.1 billion USD). Our products  are sold in more than 130 countries.

     

    This position will provide financial budgeting, analysis, reporting and business decision support to senior members of the organization. Functional responsibilities include facilitating preparation of budgets and monthly management reports. Coordinates requests for information and provides explanations of variances to key stakeholders as well as special project requests.

     

     

    Responsibilities

    • Maintain and develop various financial models and standard templates for use during the planning processes while ensuring quality and accuracy
    • Forecast monthly, quarterly and annual profits
    • Prepare cost projections
    • Analyze financial results and key trends, assess current and future business risks, and communicate results to key stakeholders
    • Conduct thorough research of historical financial data to understand business trends
    • Explore potential investment options and present risk and opportunities
    • Assist in development of KPIs
    • Ongoing review of risks/opportunities on operating plans and financial updates
    • Foster a team culture of continuous improvement through ongoing learning and provocative analysis that challenges preconceptions and identifies alternative options
    • Provide timely, relevant, and accurate reporting & analysis of the business areas performance against historical, budget, and forecast to facilitate decision-making toward the achievement of the strategic operating plan
    • Involvement with special projects related to business development, strategic growth and ad hoc analysis
    • Review accounting entries for accuracy
    • May perform miscellaneous tasks/projects as directed by manager.

    Qualifications

    • Bachelor’s degree in Accounting or Finance
    • Minimum 4-5 years working in the Accounting/Finance field
    • Experience in financial analytical techniques
    • Excellent knowledge of accounting and financial processes (modeling, budgeting, forecasting, reporting, etc)
    • Strong understanding of data analysis, forecasting, and budgeting
    • Ability to effectively present information and respond to information requests from senior executives, stakeholders, cross functional business leaders, peers and customers
    • Well-organized with ability to prioritize
    • Strong result orientation, pro-activity, self-motivated and ownership
    • Very good communication and interpersonal skills
    • Attention to detail and problem-solving ability
    • Advanced knowledge of Microsoft Office (especially excel)
    • (Manipulation and creation of Pivot Tables and utilization of V-Lookups & Sum-Ifs)
    • Excellent analytical skills in order to analyze complex issues and to conceptualize new processes and techniques

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