Financial Analyst I

Position Purpose: Responsible for executing the accounting and controlling functions for Veolia Water Milwaukee in conjunction with management in order to provide professional financial support, expertise and guidance to internal clients including financial management, operational management and other members of the Organization. Primary emphasis and focus for this position centers on building and analyzing the financial statements of Veolia Water Milwaukee. This includes comparison of reported results to budgets, forecasts, prior year trends in addition to the creation of ad-hoc analyses. Singularly important to these comparisons is consistent adherence to general accounting processes in the proper recording of assigned balance sheet components, revenue recognition practices and principles, COS matching and capital budgeting and expenditure reporting. Compliance with these practices ensures accurate and timely population of all required disclosures for internal and external reporting purposes.Primary Duties/Responsibilities:Under the guidance of the Finance Manager and the general accounting policies of the organization, the Financial Analyst I has the following responsibilities:Executes upon the general accounting structure and processes of the organization for the regional business in conjunction with the policies and directives of the Finance Department and its management.Responsible for financial statement presentation including: revenue recognition principles and practices, managing revenue and expense accruals to properly reflect incurred and earned activity according to the matching principle, provisions, and SG&A activity. This includes, but is not exclusive to, ensuring the integrity of balance sheets, income statements and cash flow reporting.Preparation of journal entries with significant emphasis on accurate and thorough accruals.Participate in varied aspects of business processes including but not limited to invoicing, purchasing, and reconciliations.Compliance with and execution of the detailed month-end closing schedule for finance under guidance provided by the corporate Finance team, acting as the liaison to the operational and overhead teams (non-financial personnel) to assist them with variance analysis, trends, projections and compliance with deadlines and expectations.Proposes changes to accounting and operational processes to enhance the automation and efficiency of the department.Proposes changes to accounting and operational processes to further the aims of a strong internal control environment, which ensures the safeguarding of company assets.Provides and analyzes financial and operating results of the business including review of internal and external financial reporting. Appraisals include comparisons in terms of revenues, costs, profitability and liquidity in comparison to budgets, forecasts and prior year trends.Contributor to the preparation of bridges and assigned reporting focusing on comparisons of working capital and profitability versus budget, forecasts and prior year results and preparing/analyzing other monthly reporting.Participation in the formulation of budgets and forecasts for assigned areas under the direction of management, working jointly with the operational and SG&A organizations to ensure the accuracy of the output prepared. - Assist in communication and presentation of financial results, budgets etc. to local supervisors and senior management.Coordination and preparation of audit workpapers as required by the external audit process, working closely with senior management to complete all audit requirements.Participate in finance and accounting training to business units and be a key business partner to operational staff.