Note: The job is a remote job and is open to candidates in USA. Panasonic is a multinational electronics manufacturer committed to innovation, collaboration, and enriching people’s lives. The Financial Analyst will manage product P&L performance, prepare budgets and forecasts, deliver financial and profitability analyses, and support closing, inventory, promotion, and advertising activities.
Responsibilities
- Drive and manage Product P&L performance and give an outlook to the management with a focus on agreed KPIs. Create special KPI reports (Net Margin by Model, SMS, Inventory) and discuss the outcome with related Sales / Marketing Departments. Providing insights and commentary to the management. Finance Contact person for the related Product Marketing and KAM's on a daily base support
- Preparation of the business plan, budget and monthly & yearly forecasts for the related Product Groups. Liasing all related stakeholders as required
- Provide channel, customer and P&L analysis – including Product Group operational profitability, revenue analysis by products & customer. Analysis of rebate scheme (Customer Bonus, Sales Prom, Cash Discount) and other main cost drivers (eg. Service, Logistic). Review and analyse monthly result vs BP and Forecast in detail up to single Model and Customer profitability
- Provide analysis / insight on business initiatives. Performs scenario about strategy and operational investments (Customer rebates, Sell in - out promotion activities, advertisement and other sales promotion actions). Control Promotion and Advertsing Budgets inclusive pre check of purchase orders and /or vendor / customer invoices
- Support monthly, quarterly & yearly closing task (Sales Promotion-, Coad-, Promotor-, Stock Devaluation / Compensation, Advertising accrual, Warranty, oustanding Credit Notes). Settlement (Keys) of Advertising & Promotion Budgets
- Support the monthly purchase, sales inventory confirmation, e.g. slow moving stock by Models, Stock situation, analysis by Model Forecast vs previous month, vs BP and vs Last Year. Critical view on the market performance and Marketing / Sales outlook – estimation
Skills
- University degree in Business Economics, Finance or Controlling
- Min. 5 years experience as Financial Analyst or Controller
- Solid knowledge in IFRS Accounting Standard
- Strong experience with SAP S4 FI/CO
- Very good skills in Microsoft tools (Excel, Power BI, PowerPoint)
- Excellent communication & analytical skills
- Fluent in Business English
- Available to come to Hamburg office 2 days per month (during onboarding period, presence will be required in Hamburg office)
- Knowledge in HGB Accounting Standard is a plus
- Knowledge of Anaplan and initial experience in applying AI tools would be advantageous
Benefits
- International work environment
- Variety of training and development opportunities
- Social, fitness and health benefits
- 30 days of vacation
- Flexible working hours
- Generous mobile working option
- High Work-Life Balance
- Transportation allowance
- Ebike leasing
- Special discounts on Panasonic products
Company Overview