Xylem is a Fortune 500 global water solutions company dedicated to advancing sustainable impact and empowering the people who make water work every day. As a leading water technology company with 23,000 employees operating in over 150 countries, Xylem is at the forefront of addressing the world's most critical water challenges. We invite passionate individuals to join our team, dedicated to exceeding customer expectations through innovative and sustainable solutions.
Job Summary:
The Finance Analyst will play a pivotal role in guiding the financial direction of the company. Your responsibilities will include analyzing financial data, creating financial models, and providing actionable insights to support strategic decision making. You will work closely with various departments to understand their financial needs and contribute to the company’s financial planning efforts. Your expertise will be crucial in identifying trends, forecasting performance, and advising on financial best practices. With a keen eye for detail and a strong analytical mindset, you will help shape the financial future of the organization.
Responsibilities:
Financial Analysis
• Conduct financial analyses and provide insights to support decision making
• Identify and evaluate financial risks and opportunities
• Monitor and report on financial performance
• Prepare financial models and forecasts
• Analyze market trends and competitor data
• Provide recommendations for cost reduction and revenue enhancement
Budgeting and Forecasting
• Develop annual budgets and forecasts
• Monitor and analyze budget variances
• Identify and recommend cost saving measures
• Participate in the development of long term financial plans
• Assist in the preparation of financial reports for senior management
Financial Reporting
• Prepare and distribute monthly, quarterly, and annual financial reports
• Ensure accuracy and completeness of financial data
• Conduct variance analysis and provide explanations for variances
• Communicate financial results to stakeholders
• Assist in the preparation of regulatory and compliance reports
Data Management and Analysis
• Gather, organize, and maintain financial data
• Perform data analysis to identify trends and patterns
• Develop and maintain financial databases and systems
• Identify areas for process improvement and implement solutions
• Train and assist team members on financial data management and analysis
Cross Functional Collaboration
• Collaborate with various departments to gather and analyze financial information
• Provide financial insights and recommendations to support business initiatives
• Participate in cross functional projects and provide financial expertise
• Represent the finance team in meetings and discussions with other departments
Compliance and Audit
• Ensure compliance with financial regulations and laws
• Participate in internal and external audits
• Identify and resolve any financial discrepancies or issues
• Maintain accurate and organized financial records
• Implement and maintain internal controls to safeguard company assets.
High Impact Behaviors:
• Continuous Professional Development: Professionals should be committed to lifelong learning, seeking out opportunities for self improvement, and staying abreast of industry trends and best practices.
• Collaboration and Teamwork: Effective professionals understand the value of collaboration. They work well with others, contribute to team goals, and understand that diverse perspectives can lead to better solutions.
• Results Driven Performance: High performing professionals focus on delivering results. They set high standards for their own performance and are committed to achieving objectives efficiently and effectively.
Qualifications:
• A bachelor’s degree in Finance, Accounting, Business, or a related field with at least 2 years experience or equivalent work experience that provides exposure to fundamental theories, principles, and concepts.
• Strong ability to analyze financial data and provide insights.
• Proficiency in building models to forecast financial outcomes and assess risk.
• Knowledge of financial software and systems, such as Excel
• Ability to clearly present financial information and make recommendations to stakeholders.
• Willingness to work collaboratively with various project teams and stakeholders.
Preferred Qualifications:
• Certifications like the Chartered Financial Analyst (CFA) or Certified Public Accountant (CPA).
Join the global Xylem team to be a part of innovative technology solutions transforming water usage, conservation, and re-use. Our products impact public utilities, industrial sectors, residential areas, and commercial buildings, with a commitment to providing smart metering, network technologies, and advanced analytics for water, electric, and gas utilities. Partner with us in creating a world where water challenges are met with ingenuity and dedication; where we recognize the power of inclusion and belonging in driving innovation and allowing us to compete more effectively around the world.