- Analyzing and understanding spending variances, recognize spending patterns and/or anomalies and predict (forecast) annualized year end spend of the R&D operational expense budget, which is approximately $20M. Communicate and present data findings and forecasts in a concise and understandable method to management and provide monthly spend forecasts, documenting any changes from prior months forecasts to finance.
- Analyzing and understanding spending variances, recognize spending patterns and/or anomalies and predict (forecast) annualized year end spend of the R&D capital budget. Understand capital project spending requirements, and document R&D capital projects and complete the authorization for expenditure (AFE) process.
- Completing R&D financial month end closing process of closing AFEs and booking the corresponding assets, review postings for correct coding and complete invoice amortizations as needed, submit accruals for all work completed that has not been processed within the month, submit reversals for accruals that are no longer required.
- Facilitating the annual strategic planning and monthly forecasting process for capital and operational expenses.
- Performing other departmental financial administrative tasks as necessary, including purchase requisitions and invoice payments.
- Other duties and responsibilities as determined by Valvoline from time to time in its sole discretion.
- Associates Degree or Bachelor Degree
- Minimum of two years of professional business experience.
- Intermediate experience with Microsoft Office Suite (Excel, PowerPoint, Outlook and Word)
- Excellent interpersonal communication skills, demonstrating the ability to articulate ideas and thoughts clearly through various means, including written and oral communications within a multi-level organization
- Comfort dealing with ambiguity and the ability to work independently or as part of a collaborative team
- Highly accurate with strong attention to detail
- Strong organizational skills and the ability to multitask various requests or projects, meet deadlines and proactively communicating status updates.
- Strong analytical and problem-solving skills demonstrating the ability to quickly grasp new concepts
- Must be authorized to work in the U.S.
- Basic experience with financial management systems (e.g. SAP) preferred
- Health insurance plans (medical, dental, vision)
- HSA and flexible spending accounts
- 401(k)
- Incentive opportunity*
- Life insurance
- Short and long-term disability insurance
- Paid vacation and holidays*
- Employee Assistance Program
- Employee discounts
- Tuition reimbursement*
- Adoption assistance*
Budget Analyst - Lexington, United States - Valvoline Global Operations
Description
Overview:
Why Valvoline Global Operations?
Valvoline Global is a worldwide leader in automotive and industrial solutions, creating future-ready products and best-in-class services for partners around the globe. Established in 1866, we introduced the worlds first branded motor oil, claiming our position as The Original Motor Oil.?
As an affiliate of Aramco, one of the world's largest integrated energy and chemicals companies, we continue to invest strategically and expand globally, driving unparalleled product innovation and sustainable business solutions.
Our corporate values of care, integrity, passion, and excellence shape everything we do. Living out our values is what makes our company, our employees, our partners, our customers, and the communities we serve great.
When you join Valvoline Global, you join a culture that is committed to: treating all people with care, operating with integrity, striving for excellence in everything we do, and showing passion about delivering on our commitments.
Careers for the Driven
Valvoline has a rewarding opportunity as a Budget Analyst. We whole-heartedly adopt a never idle' mindset. We also know that outstanding service begins and ends with our employees. So, were looking for good people to join our team. You bring your skills, talents, and drive. We will give you a great place to work, a competitive salary and benefits, and the resources and support to develop and advance within our global company.
How Youll Make an Impact
The Budget Analyst position will provide financial planning and analysis support to the research and development department and manage all global operational and capital expenses by consolidating and analyzing results, monitoring variances, identifying trends and recommending actions to management. This position will also help facilitate and organize the annual budgeting process for the R&D department; as well as assist the R&D department in financial administrative functions such as creating purchase requisitions, capital appropriations, and invoice processing.We need a quick learner who can become a subject matter expert in our operations environment. In the role, you would be responsible for:
What Youll Need
What Will Set You Apart
Benefits That Drive Themselves
*Terms and conditions apply, and benefits may differ depending on position.
Valvoline provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. Are you good at what you do? Join us.
The Company endeavors to make its recruitment process accessible to any and all users. Reasonable accommodations will be provided, upon request, to applicants with disabilities in order to facilitate equal opportunity throughout the recruitment and selection process. Please contact Human Resources at 1-800-Valvoline or email 1- to make a request for reasonable accommodation during any aspect of the recruitment and selection process. The contact information is for accommodation requests only; do not use this contact information to inquire about the status of applications.
#LI-LL1
#LI-Remote