Business Analyst

Company: Kuehne Nagel
Location: Hoboken
Posted on: August 5, 2022

Job Description:

If you wish to further develop your career with one of the most successful logistics organizations we are looking for a new Business Analyst. This is an excellent opportunity to join our Finance team in Jersey City, NJ. Your Role This position will be responsible for all financial aspects related to assigned branches within the Contract Logistics business unit, providing support to the Senior Business Controller, Distribution Center Managers/General Managers, and Geographical Directors. The role should act as a business partner for assigned branches, with a focus on developing/improving the financial health of the business unit by mitigating financial risks, all the while ensuring the financial integrity and quality of the financial reporting. Key tasks of this role include, but are not limited to, month end close procedures, variance and profitability analysis, annual target and quarterly forecast completion, training and development of local finance support staff, RFP pricing reviews, and ad-hoc projects. Your Responsibilities

• Independently process month end closing procedures to ensure accurate revenue and cost recognition and result presentation while managing any balance sheet exposures, be responsible for the financial integrity of the monthly results and drive continuous improvement of financial reporting regarding data quality, completeness, and relevancy.
• Provide the DCM/GM with tools to prepare an accurate forecast (annual Target and quarterly forecasts) and prepare financial reports for both local and central management, ensure compliance with internal guidelines in all financial matters such as credit control, billing, accounts receivable, purchasing, accounts payable, accruals, and deferrals and oversee purchase order process to ensure compliance with internal guidelines while driving process improvements.
• Ensure accuracy of statistical information (i.e. client P&L accuracy, space, etc.), work with sites (DCM/GM and Local Finance) to develop financial knowledge, both general accounting knowledge and Kuehne+Nagel specific standards/systems and support the Distribution Center Manager s (DCMs) or General Managers (GMs) in all financial matters and various Ad hoc projects.
• Assist in preparation of individual and consolidated forecasts and analysis of financial results in conjunction with Distribution Center Managers/General Managers, Geographical Director, and Senior Business Controller and monitor investment budget via post investment analysis utilizing Budget Tracker.
• Monitor business development in terms of productivities, volumes, costs, and budget to actual variances, and monitor and report financial KPI performance and analyze business profitability in line with Kuehne + Nagel standards, ensure all authority levels are adhered to, and ensure compliance with corporate guidelines in all areas.
• Prepare business justification requests for investments including analysis of financial impact and support purchasing decisions; ascertain areas of cost reduction to optimize purchasing decisions. Prepare Business Investment Applications (BIAs) for new business opportunities and prepare and distribute daily/weekly P&L files. Your Skills and Experiences
  • At a minimum, Bachelor s Degree in Accounting or Finance and MBA preferred, but not required.
  • Minimum of 5+ years working experience in Finance or Site Controlling Environment.
  • Experience in logistics, distribution, or warehouse environment and basic understanding of the Contract Logistics business.
  • High standards of confidentiality to handle sensitive information. Self-starter with excellent problem solving skills and analytical skills, the ability to work overtime as needed, and the ability to travel.
  • Taking complex financial data and transposing it into a clear overview for non-financial team members and in-depth understanding of financial and accounting concepts.
  • Ability to relay information to non-financial personnel and the ability to operate in a matrix environment to effectively communicate at multiple levels within the business.
  • Should have strong operational knowledge related to MS Office (Excel, Access, Word, PowerPoint & Outlook) and
  • Datawatch Monarch and knowledge of ACON New of advantage. Good Reasons to Join We offer competitive compensation, a comprehensive benefits package, employee discounts, tuition reimbursement, excellent training programs and a highly dynamic global work environment. Kuehne+Nagel s general working model is 4 (four) days office and 1 (one) day remote. However, some positions may offer a different hybrid model depending on the job location, function, etc. The working schedule specific details will be discussed in your job interview. Kuehne+Nagel reserves the right to change or adjust the working model policy.

Keywords: Kuehne Nagel, Hoboken , Business Analyst, Professions , Hoboken, New Jersey