Senior Financial Analyst

Trane TechnologiesGreenville, SC
6dOnsite

About The Position

At Trane TechnologiesTM and through our businesses including Trane® and Thermo King®, we create innovative climate solutions for buildings, homes, and transportation that challenge what’s possible for a sustainable world. We're a team that dares to look at the world's challenges and see impactful possibilities. We believe in a better future when we uplift others and enable our people to thrive at work and at home. We boldly go. What’s in it for you: Be a part of our mission! As a world leader in creating comfortable, sustainable, and efficient environments, it’s our responsibility to put the planet first. For us at Trane Technologies, sustainability is not just how we do business—it is our business. Do you dare to look at the world's challenges and see impactful possibilities? Do you want to contribute to making a better future? If the answer is yes, we invite you to consider joining us in boldly challenging what’s possible for a sustainable world. Thrive at work and at home: Benefits kick in on DAY ONE for you and your family, including health insurance and holistic wellness programs that include generous incentives – WE DARE TO CARE! Family building benefits include fertility coverage and adoption/surrogacy assistance. 401K match up to 6%, plus an additional 2% core contribution = up to 8% company contribution. Paid time off, including in support of volunteer and parental leave needs. Educational and training opportunities through company programs along with tuition assistance and student debt support. Learn more about our benefits here! Where is the work: On-Site (5 days)

Requirements

  • Bachelor’s degree in business, accounting, finance, or related discipline required
  • Minimum of 3 years of accounting and/or finance experience in a manufacturing or distribution environment
  • Strong PC Skills required: Advanced Excel Skills, PowerPoint, and Teams
  • Skills and competencies should include verbal and written communication, attention to detail, critical thinking, problem solving, and the ability to work independently and, also, in a team environment
  • Understanding of cost accounting with overheads and absorption, material backflushing, inventory valuation, and material variance system management

Nice To Haves

  • Experience in complex integrated supply chain is a plus
  • Proven success implementing process improvement and change management initiatives strongly preferred
  • Strong ability to coach and teach junior cost accountants both technical and soft skills relevant to their role

Responsibilities

  • Assist in annual budgeting and standard cost setting process, forecasting, and reporting of the income statement and balance sheet
  • Manage annual physical inventory process and related reconciliations
  • Manage CapEx process and projects with related tracking reconciliations
  • Mange the obsolete & slow-moving inventory reserves and planning
  • Identify and investigate material variances to ensure accurate material cost
  • Execute standards-setting process and maintain standard costs in ERP
  • Partner with Controller on the monthly close process, balance sheet reconciliations, and journal entries
  • Assist in the education and compliance of financial processes and policies, supporting compliance with Sarbanes Oxley and related audits, as well as company practices & values
  • Drive and participate in operational excellence initiatives to support achievement of organizational goals
  • Ensure the production of timely, accurate and relevant financial reports to plant management to facilitate understanding and analysis of the business and business opportunities
  • Coach & develop cost accountants on both material cost system work and data analytics
  • Support with ad hoc analysis of results, budgets, and forecasts with focus on P&L performance, cash flow, working capital optimization, investments and productivity, and financial ratios

Benefits

  • Benefits kick in on DAY ONE for you and your family, including health insurance and holistic wellness programs that include generous incentives – WE DARE TO CARE!
  • Family building benefits include fertility coverage and adoption/surrogacy assistance.
  • 401K match up to 6%, plus an additional 2% core contribution = up to 8% company contribution.
  • Paid time off, including in support of volunteer and parental leave needs.
  • Educational and training opportunities through company programs along with tuition assistance and student debt support.
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