Job Description
Xylem is a Fortune 500 global water solutions company dedicated to advancing sustainable impact and empowering the people who make water work every day. As a leading water technology company with 23,000 employees operating in over 150 countries, Xylem is at the forefront of addressing the world's most critical water challenges. We invite passionate individuals to join our team, dedicated to exceeding customer expectations through innovative and sustainable solutions.
Job Summary:
The Sr. Financial Analyst will take on a critical role in steering the company’s financial strategy. Your responsibilities include conducting sophisticated financial analyses, developing comprehensive budgeting and forecasting models, and providing key insights for strategic decision making. You will also mentor junior analysts and collaborate with senior management to ensure financial plans are aligned with business objectives. This role demands a high level of expertise in financial modeling, a strategic mindset, and the ability to communicate complex financial concepts clearly.
This is a hybrid position based at our facility in Texarkana, AR.
Sr. Financial Analyst Responsibilities:
Financial Analysis and Forecasting
• Conduct detailed financial analysis and forecasting to support strategic decision making
• Develop and maintain financial models to accurately forecast future performance
• Analyze key financial drivers and variances to budget and forecast
• Provide insights and recommendations to senior management based on financial analysis
Budgeting and Planning
• Assist in the development and monitoring of annual budgets and long term financial plans
• Collaborate with business units to understand their financial needs and goals
• Prepare budget presentations and reports for senior management
• Monitor budget performance and make recommendations for cost saving measures
Financial Reporting
• Prepare and distribute financial reports to key stakeholders
• Ensure accuracy and completeness of financial data and reports
• Analyze financial results and communicate key insights to management
• Create and maintain financial dashboards to track key performance metrics
Business Partnering
• Collaborate with cross functional teams to understand business operations and identify areas for improvement
• Provide financial support and guidance to business units
• Partner with other departments to develop and implement financial strategies
• Proactively identify and communicate potential financial risks and opportunities
Process Improvement
• Identify opportunities for process improvement within the finance department
• Develop and implement new processes and procedures to increase efficiency and accuracy
• Continuously monitor and evaluate existing processes to identify areas for improvement
• Train and mentor junior analysts on best practices and processes
Ad Hoc Projects
• Participate in special projects and initiatives as assigned by senior management
• Conduct research and analysis to support decision making on ad hoc projects
• Prepare presentations and reports for senior management on ad hoc projects
Compliance and Risk Management
• Ensure compliance with financial regulations and company policies
• Identify and mitigate financial risks through regular monitoring and analysis
• Assist with internal and external audits and compliance reviews
• Stay up to date on industry trends and regulations to ensure compliance and mitigate risks.
High Impact Behaviors:
• Continuous Professional Development: Professionals should be committed to lifelong learning, seeking out opportunities for self improvement, and staying abreast of industry trends and best practices.
• Collaboration and Teamwork: Effective professionals understand the value of collaboration. They work well with others, contribute to team goals, and understand that diverse perspectives can lead to better solutions.
• Results Driven Performance: High performing professionals focus on delivering results. They set high standards for their own performance and are committed to achieving objectives efficiently and effectively.
Sr. Financial Analyst Qualifications:
• A bachelor’s degree in Finance, Accounting, Business, or a related field with at least 4 years experience or equivalent work experience that provides exposure to fundamental theories, principles, and concepts.
• In depth knowledge of financial principles, including budgeting, forecasting, and financial reporting.
• Strong communication skills and ability to communicate complex financial information clearly to both team members and senior management.
• Proficiency in analyzing financial data, identifying trends, and making strategic decisions.
Preferred Qualifications:
• Certifications like the Chartered Financial Analyst (CFA) or Certified Public Accountant (CPA).
The estimated salary range for this position is $88,000 to $105,000 plus bonus. Starting pay is dependent on multiple factors, such as skills, experience and work location, and is not typically at the top of the range. At Xylem we offer a competitive compensation package with a generous benefit package, including Medical, Dental, Vision plans, 401(k) with company contribution, paid time off, paid parental leave and tuition reimbursement.
Why Xylem?
We believe in supporting our employees both professionally and personally. Our benefits include:
· Paid parental leave, maternity support, and fertility benefits
· Flexibility and hybrid work options where applicable
· Health, dental, and vision insurance from day one
· Emotional health and wellness programs and Volunteer program (Watermark)
· Paid time off (PTO)/Flexible time off (FTO) and paid holidays
· Career development, advancement, tuition reimbursement, and student loan forgiveness
· Generous retirement savings plan with company contribution
· Employee recognition and discount programs
Ready to grow your career while making a difference? Join a team that values your skills, supports your development, and empowers you to help solve global water challenges.
#LI-RR1
Join the global Xylem team to be a part of innovative technology solutions transforming water usage, conservation, and re-use. Our products impact public utilities, industrial sectors, residential areas, and commercial buildings, with a commitment to providing smart metering, network technologies, and advanced analytics for water, electric, and gas utilities. Partner with us in creating a world where water challenges are met with ingenuity and dedication; where we recognize the power of inclusion and belonging in driving innovation and allowing us to compete more effectively around the world.
At Xylem, you'll not only contribute to solving water issues but also have the chance to make a difference through our paid Volunteer Program, Xylem Watermark. We prioritize our employees' well-being through inclusion and belonging as well as our Employee Resource Groups (ERG). Proud to be an Equal Employment Opportunity (including disability and veterans) and Affirmative Action workplace, Xylem fosters an inclusive environment free from discrimination or harassment.
Please note that the information in this job description outlines the general nature of the position and is not an exhaustive list of duties. Xylem is dedicated to providing reasonable accommodations to enable all employees to perform their essential job functions. We reserve the right to modify this job description and assign additional duties as needed. Embrace the opportunity to be part of Xylem's transformative journey in shaping the future of water technology! #XylemCareers #GlobalImpact #WaterInnovation