Sr. Finance Analyst - FP&A

Requisition Number: 67730

Corning is vital to progress – in the industries we help shape and in the world we share.

We invent life-changing technologies using materials science. Our scientific and manufacturing expertise, boundless curiosity, and commitment to purposeful invention place us at the center of the way the world interacts, works, learns, and lives.

Our sustained investment in research, development, and invention means we’re always ready to solve the toughest challenges alongside our customers. 

Corning’s businesses are ever evolving to best serve our customers, industries, and consumers. Today, we accelerate and transform life sciences, mobile consumer electronics, optical communications, display, and automotive markets. We are changing the world with: 

•    Trusted products that accelerate drug discovery, development, and delivery to save lives
•    Damage-resistant cover glass to enhance the devices that keep us connected
•    Optical fiber, wireless technologies, and connectivity solutions to carry information and ideas at the speed of light
•    Precision glass for advanced displays to deliver richer experiences 
•    Auto glass and ceramics to drive cleaner, safer, and smarter transportation 

Purpose of the Position:

• Support Spring-Board initiatives to build up optimized EFS team in India.
• Ensures entity compliance with local regulations, GAAP accounting principles and Corning policies and procedures.
• Responsible for managing the period closing process preparation including posting of entries and accuracy of the general ledger.
• Consolidates Corporate Staffs results monthly, including variance analysis and reporting to Corporate.
• Ensures that required reporting is completed accurately and on a timely basis. Provides ad-hoc financial analysis for Division Controller. Responsible for the financial portion of the budget and five-year planning process for the Division.
• Assists in performing accounting activities in accordance with accounting principles and standards to ensure compliance with all relevant regulations, laws, and reporting requirements.
• Collects and analyzes data on financial and/or operational metrics and performances.
• Manages timeline of close, forecast, budget and communicates key deadlines to Controllers.
• Executes routine, ad hoc analysis, and reporting to support business unit objectives and business partner relationships.
• Reviews and administers fiscal operating policies and procedures.
• Interacts with business on a regular basis, begins to network within various areas/business units.

Key Responsibilities:

• Performs the monthly closing activities (including journal entries, reporting, reviews) and month end financial reporting activity and analysis of monthly financial performance.
• Monitors and reports monthly financial performance to Controller.
• Provides variance analysis and highlights variances that need corrective action.
• Monitors spending and works with department managers to review/understand, and control costs; Researches and provides detail on expense variances.
• Prepares Monthly/quarterly/annual reconciliations and SOX compliance tasks; DLMCs.
• Leads financial efforts in the preparation for and implementation of 5-year forecasting, and annual budgeting process.

• Provides financial analysis related to capital projects, strategic investments, cost reduction, and other initiatives, as required.
• Drives finance process improvements and efficiencies
• Supports/leads dept projects and helps coordinate key communication activities.

• MBA Finance/ CA Inter/ Equivalent (10 – 12 years), CA (8 -10 years) with relevant FP&A experience.
• Hands on experience in Budgeting, Forecasting, Variance Analysis, Commentary writing and presentation, Month End Closing is must.
• Ability to analyze, interpret data and respond to queries regarding unexpected changes in financial results (operating expenses).
• Excellent knowledge of Generally Accepted Accounting Principles, including the US (GAAP).
• Corporate Finance experience and Cost Accounting experience a plus.
• Experience working on cross functional teams to solve complex business problems.
• Expert in Office tool like MS excel (VLOOKUP’s and Pivot tables), MS word and PPT.
• SAP, S/4 HANA experience is a desirable.
• Power BI experience will be a plus.
• Shared Services, Transition and Project Management experience is desirable.

• Oral and written good English communication is must.
• Excellent Team Player.
• Quick learner and Agile, able to work under pressure, tight deadlines and with diverse teams.
• Self-driven, results-oriented with a positive outlook.
• Ability to take ownership and work independently.
• Strong attention to detail, good analytical skills, and presentation skills.