Cost Analyst

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 23000 employees operating in over 150 countries Xylem is at the forefront of addressing the worlds 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 Cost Analyst role is a vital member of the finance team contributing to the accurate and timely financial reporting of our organization. Your duties will include preparing financial statements conducting monthly and annual account reconciliations and ensuring compliance with generally accepted accounting principles (GAAP). You will also be involved in budgeting processes financial forecasting and providing tax support. Your analytical skills will be essential in identifying discrepancies and implementing corrective actions. This role requires a detail oriented individual with strong problem solving abilities and a commitment to maintaining the highest standards of financial integrity.

This is a hybrid role based in Charlotte NC. This person is expected to be onsite at least 3x per week.

Responsibilities:

Financial Reporting
Prepare and analyze financial statements
Monitor and reconcile accounts
Assist with budgeting and forecasting

Bookkeeping
Record and maintain financial transactions
Manage accounts payable and receivable
Reconcile bank statements
Assist with payroll processing

Auditing
Conduct internal audits on accounting
Ensure compliance with financial regulations
Identify and report any discrepancies or errors

Financial Analysis
Analyze financial data and provide insights
Prepare financial reports and presentations as required
Assist with financial planning and decision making

Client Management
Communicate with clients to gather financial information
Provide financial advice and guidance
Build and maintain client relationships

Software Management
Utilize accounting software for financial recording and reporting
Train and assist colleagues on software usage
Stay updated on new software and technology developments

Team Collaboration
Work with other departments to gather financial information
Collaborate with colleagues to improve processes and procedures
Participate in team meetings and discussions

Ad Hoc Projects
Assist with special projects and initiatives as needed
Conduct research and analysis for various business needs
Identify and implement process improvements for increased efficiency.

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.

Qualifications:
A bachelors degree in Finance Accounting Business or a related field with at least 2 years experience or equivalent work experience that provides exposure to fundamental theories principles and concepts.
Proficiency in accounting software (like QuickBooks SAP or Oracle) spreadsheet programs (such as Microsoft Excel) and a strong understanding of Generally Accepted Accounting Principles (GAAP).
The ability to analyze financial data identify trends and provide accurate financial reports.
Strong understanding of accuracy of financial documents and compliance with laws and regulations.
Clear and effective communication is essential for collaborating with team members and explaining financial information to non financial individuals.
A strong sense of ethics and integrity as accountants handle sensitive financial information.
A commitment to ongoing learning and staying current with changes in tax laws regulations and financial reporting standards.

The estimated salary range for this position is $70000 to $ 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.

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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.