Senior Financial Analyst at Lincoln Electric in Fort Loramie, Ohio

Job Description:

Lincoln Electric is the world leader in the engineering, design, and manufacturing of advanced arc welding solutions, automated joining, assembly and cutting systems, plasma and oxy-fuel cutting equipment, and has a leading global position in brazing and soldering alloys. Lincoln is recognized as the Welding Expert™ for its leading materials science, software development, automation engineering, and application expertise, which advance customers' fabrication capabilities to help them build a better world. Headquartered in Cleveland, Ohio, Lincoln Electric is a $4.2B publicly traded company (NASDAQ:LECO) with over 11,000 employees around the world, with operations in 71 manufacturing and automation system integration locations across 21 countries and maintains a worldwide network of distributors and sales offices serving customers in over 160 countries.


Location: Fort Loramie - Fort Loramie, OH, United States (US)

Employment Status: Salary Full-Time

Function: Finance

Req ID: 25400



Position Summary: This position supports the business activities of the site including all areas related to financial reporting, budgeting and forecasting, and supporting the accounting functions provided by the LEA Shared Services Center (SSC) as well as maintaining a strong internal control structure. The person in the position must have a proven financial and accounting background to ensure compliance with all the rules and regulations issued by Federal, State and local government.


This position has contact with the Finance Manager, Sr. Finance Manager, Local Site Departments (Operations, Project Management, etc.), and Management as well as various corporate departments, customers, and vendors.


The major challenges to this position are supporting the site Finance Manager in coordinating the objectives of Business Partnering with Management, Lincoln Business Systems, LEA Finance Department, Shared Service Center, and the broader Global Automation Management; maintaining a high quality and cost effective professional organization. This person will be hands on.


Primary Responsibilities

• Support the US Automation business platform development and implementation. That platform includes specific reporting and tools (ie Salesforce, Smartsheet, Epicor, HFM, RPA, SAP BW, etc.)
• Prepare analysis and support to ensure proper project accounting treatment of revenue recognition on both a percentage-of-completion and completed contract basis: including the reporting of job costing, Work In Process reporting, and labor and overhead reporting.
• Support the resolution of accounting issues, customer collections, vendor payments, non-routine transactions, invoicing, and other items as required.
• Collect, prepare and evaluate analysis to support recommendations to Management and LEA Finance to reduce operating costs and increase efficiency.
• Support the budgeting, forecasting, pricing, capital investments, inventory management, and departmental cost activities as well as ad hoc analyses.
• Apply an understanding of the financial reporting, general ledger and departmental structures for the Fort Loramie site in alignment with all other LEA sites.
• Support accurate and timely monthly, quarterly and year end close reporting.
• Interface with other departments to verify transaction reporting data and issues.
• Perform special projects as needed or directed by management, operations and finance management.
• Work in coordination with management and SSC to maintain proper accounting methods, policies and principles in accordance with GAAP, Corporate Reporting Standards, and Internal Controls
• Support internal and external audit requests, as needed.

Qualifications Required:

• Bachelor's Degree in Accounting or Finance with a minimum of 3 years' experience
• Excellent communication, organization, and follow-up skills
• Excellent computer skills (Intermediate/Advanced Excel required)
• Demonstrated proficiency with accounting and reporting systems
• High attention to detail and accuracy

Success Factors/Job Competencies:

• Looks for opportunities to support others
• Efficient problem solver with a process improvement approach
• Regular and predictable attendance is an essential function of this job

Physical Demands and Work Environment: The physical demands and work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Physical demands: There is minimal reaching, bending and lifting in relationship to documents and stored records.
• Work environment: Work is sedentary. Normal office environment. Travel is minimal.

Performance Standards:

• Annual performance appraisal.
• Attainment of annual goals established between supervisor and incumbent.

Lincoln Electric is an Equal Opportunity Employer. We are committed to promoting equal employment opportunity for applicants, without regard to their race, color, national origin, religion, sex (including pregnancy, childbirth, or related medical conditions, including, but not limited to, lactation), sexual orientation, gender identity, age, veteran status, disability, genetic information, and any other category protected by federal, state, or local law.


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Nearest Major Market: Lima

Nearest Secondary Market: Findlay

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