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Financial Analyst

Company Description

To be the leading producer of glass bottles and jars worldwide you need passion, commitment and innovation baked into the very fabric of a business and its people. For more than 120 years, our glass makers have honed their craft—channeling their creativity into more than 1,800 patents held today. When you join O-I you become part of that story.

O-I has more than a century of experience crafting pure, sustainable, brand-building glass packaging for many of the world’s best-known food and beverage brands. We are proud to provide high quality glass packaging for beer, wine, spirits, food, non-alcoholic beverages, cosmetics and pharmaceuticals. We are dedicated to make what matters to shape a healthier, more sustainable and more exciting world. We transform the industry to make glass more relevant and more accessible to more people.

Job Description

The Financial Analyst will provide financial support to each area of the Finance Department. The role will require an understanding of accounting, the SAP P15 system and have the ability to analyze data and financial transactions. The role will be expected to help drive efficiencies in the financial organization by improving processes and supporting the Finance Leader as well as other departments within the organization.

PRINCIPAL ACCOUNTABILITIES

  • Pricing / Costing
    • Provide quotes on new and existing items for the Sales Team
    • Enter customer selling prices, transfer prices, and standard costs into ERP system (SAP).
    • Support the contract negotiation process through price & margin analysis
    • Create price curves to aid in the quoting process
  • General Accounting
    • Assist in the month end close process
    • Account reconciliations, post journal entries, ensure proper completion of SOx documentation
    • Work with the Finance Leader to complete the quarterly financial forecast
    • Review and code invoices with the proper GL accounting
    • Update key financial metrics for reporting performance to the organization
  • Backup/Support for Credit Manager:
    • Customer collection activities
    • A/R reporting and analysis
    • Credit/Debit memo follow-up
    • Billing process oversight

 

Qualifications

MUST be legally authorized to work in the United States and Not require visa sponsorship (now or anytime in the future).

  • Bachelor’s degree required
  • At least 3-5 years of relevant experience.
  • Strong analytical, decision making and problem-solving skills.
  • Excellent interpersonal, verbal, and written communication skills.
  • Strong PC skills with an emphasis on Microsoft Outlook, Power Point, Excel, SAP, and SharePoint.
  • Self-motivated and self-disciplined.
  • Bi-lingual skills of English and Spanish a plus but not required.

Additional Information

What we offer at O-I:

Salary Range:  The expected salary range for this position is between $75,000 - $85,000.  Actual pay will be adjusted based upon candidate experience and other job-related factors permitted by law

O-I offers a very generous benefit package – some of the highlights are:

  • Vacation time and paid holidays 
  • Medical, dental, prescription and vision care coverage
  • Pre-tax accounts
  • Well-being program which includes opportunity to earn employer contributions
  • Life and AD&D Insurance
  • Disability Insurance
  • 401(k) retirement saving plans with employer contributions
  • Financial advisors to assist with retirement planning and financial wellness
  • Employee Assistance Program

O-I is an Equal Opportunity and Affirmative Action Employer committed to building a diverse, equitable and inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or other protected categories.

Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing [email protected].

Average salary estimate

$80000 / YEARLY (est.)
min
max
$75000K
$85000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Financial Analyst , O-I

Join the O-I family as a Financial Analyst and become part of our impressive 120-year legacy of crafting high-quality glass packaging! Based in our Plano, TX office, you'll play a crucial role in supporting our Finance Department across various exciting areas. Your day-to-day will involve analyzing data and financial transactions within our SAP P15 system. You'll help drive efficiencies by improving existing financial processes and providing vital support to the Finance Leader and other departments. From pricing and costing to general accounting tasks, your contributions will ensure our financial operations stay on track. You'll also assist in month-end closing, account reconciliations, and preparing financial forecasts. With a Bachelor’s degree and at least 3-5 years of relevant experience, as well as strong analytical skills, you'll thrive in our collaborative environment. O-I offers a generous salary range of $75,000 to $85,000, with a fantastic benefits package, including vacation time, medical coverage, and a 401(k) plan with employer contributions. If you’re a self-motivated individual with excellent communication skills, come help us shape a healthier, more sustainable world through innovation!

Frequently Asked Questions (FAQs) for Financial Analyst Role at O-I
What are the primary responsibilities of the Financial Analyst at O-I?

The Financial Analyst at O-I will be responsible for various key financial tasks, including pricing and costing, assisting in the month-end close process, account reconciliations, and generating financial forecasts. You will work closely with the Sales Team to provide quotes and aid contract negotiations through margin analysis. Supporting the Finance Leader and ensuring accurate financial metrics reporting are also vital aspects of the role.

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What qualifications do I need to become a Financial Analyst at O-I?

To be considered for the Financial Analyst position at O-I, you must hold a Bachelor’s degree and have 3-5 years of relevant experience in a financial role. Candidate must possess strong analytical, decision-making, and problem-solving skills, alongside proficiency in tools like SAP and Microsoft Excel. Excellent written and verbal communication skills and self-motivation are also essential.

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Is experience with SAP necessary for the Financial Analyst position at O-I?

Yes, experience with SAP is an important requirement for the Financial Analyst role at O-I. The job involves utilizing the SAP P15 system for tasks such as entering customer pricing, conducting margin analysis, and assisting with account reconciliations. Familiarity with SAP will enable you to perform your duties more effectively.

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What benefits do Financial Analysts at O-I enjoy?

Financial Analysts at O-I benefit from a comprehensive package that includes competitive salary ranges from $75,000 to $85,000, vacation time, medical and dental insurance, a 401(k) retirement plan with employer contributions, life and disability insurance, and employee assistance programs, among others. O-I values its employees and strives to provide a supportive work environment.

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Does O-I require Financial Analyst candidates to be bilingual?

While being bilingual in English and Spanish is a plus for the Financial Analyst position at O-I, it is not a strict requirement. However, strong communication skills are essential, and bilingual capabilities can enhance your effectiveness in certain scenarios by facilitating interaction with a more diverse range of clients and stakeholders.

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Common Interview Questions for Financial Analyst
Can you explain your experience with financial forecasting?

When answering this question, share specific examples of financial forecasting you've performed in your previous roles. Detail the methodologies you used, the tools involved, and the outcomes your forecasts had on decision-making processes. Highlight your analytical skills and ability to work with complex data.

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How do you approach pricing analysis in your financial assessments?

In responding to this question, discuss the importance of understanding market trends, cost structures, and competitor pricing. Explain how you utilize data analysis tools to create pricing models and aid decision-making. Show that you have a well-rounded and strategic approach to pricing that includes both qualitative and quantitative factors.

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Describe a time when you identified a financial inefficiency and how you addressed it.

Here, you should narrate a specific situation where you noticed a discrepancy in financial processes. Outline the steps you took to analyze the situation, propose improvements, and what impact your actions had on the overall financial operations. This will showcase your problem-solving skills and proactive nature.

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What techniques do you use for reconciliations and ensuring accuracy in financial reporting?

In your response, emphasize your methodical approach to reconciliations, including regular checks, cross-referencing data, and maintaining documentation. Stress the importance of accuracy and detail how your techniques have enhanced reporting processes in past roles.

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How do you prioritize tasks when dealing with multiple deadlines?

When answering this question, illustrate your time management strategies, perhaps by mentioning tools you've used or methods like prioritizing tasks based on impact and deadlines. Highlight your organizational skills and how you communicated with team members when necessary.

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Have you ever dealt with a difficult stakeholder? How did you manage the situation?

Provide a concrete example where you had to navigate a challenging interaction. Explain the steps you took to understand the stakeholder's perspective and how you worked towards a successful resolution, showcasing your interpersonal skills and ability to handle conflict.

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What financial software are you proficient in, and how have you used them in previous jobs?

Make sure to share your experience with various financial software applications, such as SAP and Microsoft Excel. Detail specific functions you've utilized that may relate to the responsibilities of the Financial Analyst position. Demonstrating your technical capabilities will reassure interviewers of your fit for the role.

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Why do you want to work as a Financial Analyst at O-I?

When answering this question, align your values with O-I’s mission of sustainability and innovation in glass packaging. Express your genuine interest in contributing to a company with such a rich history and commitment to excellence, and how your skills align with helping achieve the company’s financial goals.

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Can you describe your understanding of SOx controls and their importance?

Discuss the significance of Sarbanes-Oxley (SOx) controls in ensuring integrity in financial reporting and compliance. Share any specific experiences or knowledge you have regarding financial compliance and how you’ve implemented or adhered to these controls in your previous roles.

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What steps do you take to stay updated on financial regulations and industry trends?

In your response, emphasize your commitment to continuous learning through resources like industry publications, webinars, or professional associations. Mention any specific examples of how you've kept your skills and knowledge current, as this reflects your dedication to the field.

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Founded in 1903, Owens-Illinois through its subsidiaries, manufactures and sells glass containers to food and beverage manufacturers primarily in Americas, Europe, and Asia Pacific. It produces glass containers for alcoholic beverages, including b...

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Full-time, onsite
DATE POSTED
April 18, 2025

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