Lincoln Electric is the world leader in the engineering, design, and manufacturing of advanced arc welding solutions, automated joining, assembly and cutting systems, plasma and oxy-fuel cutting equipment, and has a leading global position in brazing and soldering alloys. Lincoln is recognized as the Welding Expert™ for its leading materials science, software development, automation engineering, and application expertise, which advance customers' fabrication capabilities to help them build a better world. Headquartered in Cleveland, Ohio, Lincoln Electric is a $4.2B publicly traded company (NASDAQ:LECO) with over 12,000 employees around the world, with operations in 71 manufacturing and automation system integration locations across 21 countries and maintains a worldwide network of distributors and sales offices serving customers in over 160 countries.
Location: Bettendorf
Req ID: 27859
Pay Range: $75,000 - $105,000
Target Bonus: 8%
Summary
Lincoln Electric has an outstanding opportunity for a Financial Analyst at our Bettendorf, Iowa Automation site. The Financial Analyst plays a key role in the business activities of the site including all areas related to financial reporting, budgeting and forecasting, and supporting the accounting functions provided by the Lincoln Electric Automation (LEA) Shared Services Center (SSC) as well as maintaining a strong internal control structure. The person in the position must have a proven financial and accounting background to ensure compliance with all the rules and regulations issued by Federal, State and local government.
This position has contact with the Finance Manager, Sr. Finance Manager, Local Site Departments (Operations, Project Management, etc.), and Management as well as various corporate departments, customers, and vendors.
In addition to competitive pay, Lincoln Electric offers an annual bonus plan, tuition reimbursement, medical/dental/vision, 401(k) with company match, paid time off and many more outstanding benefits!
What You Will Do
As a Financial Analyst, you will support the US Automation business platform development and implementation, including reporting and tools (i.e. Salesforce, Smartsheet, Epicor, HFM, RPA, SAP BW, etc.) Specific responsibilities include:
- Prepare analysis and support to ensure proper project accounting treatment of revenue recognition on both a percentage-of-completion and completed contract basis: including the reporting of job costing, Work In Process reporting, and labor and overhead reporting.
- Support the resolution of accounting issues, customer collections, vendor payments, non-routine transactions, invoicing, and other items as required.
- Collect, prepare and evaluate analysis to support recommendations to Management and LEA Finance to reduce operating costs and increase efficiency.
- Support the budgeting, forecasting, pricing, capital investments, inventory management, and departmental cost activities as well as ad hoc analyses.
- Apply an understanding of the financial reporting, general ledger and departmental structures for the Bettendorf site in alignment with all other LEA sites.
- Support accurate and timely monthly, quarterly and year end close reporting.
- Interface with other departments to verify transaction reporting data and issues.
- Perform special projects as needed or directed by management, operations and finance management.
- Work in coordination with management and SSC to maintain proper accounting methods, policies and principles in accordance with GAAP, Corporate Reporting Standards, and Internal Controls
- Support internal and external audit requests, as needed.
- Position is hybrid - 3-4 days per week on site at Bettendorf facility.
Education & Experience Requirements
- Bachelor's Degree in Accounting or Finance
- Previous Internship or Co'op experience; 1 - 3+ years' industry experience strongly preferred.
- Excellent communication, organization, and follow-up skills
- Excellent computer skills (Intermediate/Advanced Excel required)
- Demonstrated proficiency with accounting and reporting systems
- High attention to detail and accuracy
Lincoln Electric is an Equal Opportunity Employer. We are committed to promoting equal employment opportunity for applicants, without regard to their race, color, national origin, religion, sex (including pregnancy, childbirth, or related medical conditions, including, but not limited to, lactation), sexual orientation, gender identity, age, veteran status, disability, genetic information, and any other category protected by federal, state, or local law.
