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Financial Analyst
Job Description
Cognex is the largest, most successful and recognized global player in industrial machine vision! We are a financially strong, international company with no debt and have been in business for over 40 years. Using advanced optics, image sensors and artificial intelligence software Cognex vision and ID systems capture an image then analyze it to make sense of what’s being seen. We are passionate about building and sustaining an inclusive and equitable working environment for all. Our Work Hard, Play Hard, Move Fast culture recognizes our employees for their innovation, perseverance, and hard work in a fun, rewarding, and quirky environment. This position will be based out of our Natick HQ on a hybrid basis.
The Team:
The Finance team has strong business partnerships and influence throughout the company. We drive financially informed decisions in support of the company’s strategic objectives. We are investing in advanced analytics capabilities to enhance our data-driven approach to problem solving. We are focused on process improvement to provide the most efficient transactional support for our customers, vendors, and employees. The Finance leadership team has a proven track record of talent development. We invest in our team members and partner with them on their career development by offering a wide range of opportunities, including mentorships, special project assignments, training programs, and executive exposure.
The Finance team has strong business partnerships and influence throughout the company. We drive financially informed decisions in support of the company’s strategic objectives. We are investing in advanced analytics capabilities to enhance our data-driven approach to problem solving. We are focused on process improvement to provide the most efficient transactional support for our customers, vendors, and employees. The Finance leadership team has a proven track record of talent development. We invest in our team members and partner with them on their career development by offering a wide range of opportunities, including mentorships, special project assignments, training programs, and executive exposure.
The Role:
Cognex is looking for a Financial Analyst to join the growing Cost Accounting team to support the Global Operations team. A key function of this role is performing financial analysis, planning and reporting of the business. The successful candidate will have strong finance, accounting and analytical skills, solid business judgment, and thrive in a fast-paced work environment. This role provides a great foundation for career growth.
Cognex is looking for a Financial Analyst to join the growing Cost Accounting team to support the Global Operations team. A key function of this role is performing financial analysis, planning and reporting of the business. The successful candidate will have strong finance, accounting and analytical skills, solid business judgment, and thrive in a fast-paced work environment. This role provides a great foundation for career growth.
Essential Functions:
- Partner with the Operations business leaders to prepare the annual expense budget and quarterly expense forecasts
- Analyze month end department expense results for the global departments and prepare appropriate journal entries to ensure expenses are recorded properly
- Provide mid-month analysis of actuals vs. forecast to flag any potential variances
- Provide objective analytical support to influence and reinforce financial decisions
- Prepare month end variance explanations for the Management Financial Package and Responsibility P&Ls
- Monitor and provide insightful analysis around business key performance indicators (KPI)
- Continuously look for opportunities to improve existing processes and procedures
- Perform ad-hoc analysis as needed
Knowledge, Skills, and Abilities:
- Strong attention to detail to produce consistent, high-quality results
- Strong planning and organizational skills to meet deadlines
- Self-starter and problem solver
- Demonstrated initiative to implement process improvement
- Ability to work under pressure in a fast-paced, dynamic environment
- Ability to work productively in a cross-functional team environment
- Comfortable raising different points of view
- Excellent communication and interpersonal skills
- Strong analytical skills
- Strong systems skills (advanced excel, SAP, SAC)
Minimum education and work experience required:
- A Bachelor’s Degree in either Finance or Accounting is required
- 3+ years of financial planning and analysis preferred
- Experience supporting global expense planning preferred
Additional Job Description
Equal Employment Opportunity
Cognex is an equal opportunity employer. Cognex evaluates qualified applicants without regard to race, color, religion, gender, national origin, age, sexual orientation, gender identity or expression, protected veteran status, disability/handicap status or any other legally protected characteristic.
Cognex Glassdoor Company Review
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Cognex DE&I Review
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CEO of Cognex
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Cognex
“To be the most successful machine vision company in the world and to be a company that exceeds the expectations of its customers, employees, shareholders, vendors, and neighbors.”
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DATE POSTED
June 23, 2023
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