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Principal Accounting Analyst - Full Time

The Timken Company - North Canton, OH


Posted on 06/22/22 (Ref: OH4Rq6mbes)

Principal Accounting Analyst - North Canton, OH - The Timken Company

Your Career Begins at Timken
If you're ready for a challenging career that provides you with the ability to advance personally and professionally, look to Timken. Our associates make the world more productive by improving the efficiency and reliability of the machinery that keeps industry in motion.

Purpose of Position

This position exists to ensure the company has financial statements, which are accurate and timely, and prepared in accordance with US GAAP (Generally Accepted Accounting Principles). This position is responsible for completion and analysis of financial statements (Profit & Loss and Balance Sheet) for the US Timken legal entities. This includes completion of accounting for assigned Timken subsidiaries and divisions (units); analysis of the assigned units monthly financial results as well as completion of the accounting work necessary to analyze reconcile account balances. These account balances are then incorporated in the financial statements that are the major component of the Timken Consolidated Financial Statements which are distributed to senior management, shareholders and governmental agencies. This position is responsible for many Sarbanes Oxley compliance issues, working with both internal and external auditors regarding these subjects. The senior accounting analyst may also assist the group lead and/or manager on special projects as they arise.

Essential Responsibilities

  1. Complete month-end, quarter-end, and year-end closing activities including journal entries and account reconciliations accurately, timely and in accordance with U.S. GAAP
  2. Review Account Reconciliations and Journal Entries for accuracy
  3. Work with the benefits and payroll teams to advise on accounting treatment
  4. Assist in the preparation of footnotes and other information needed for quarterly and yearly SEC reporting.
  5. Assist in global consolidations review of foreign entities.
  6. Compliance with SOX requirements and successful audits, including assessments by both internal and external auditors.

Technical/Functional Skills Required

  • High proficiency with Microsoft Office applications
  • Detail orientation and solid analytical capability
  • Effective oral and written communication skills and strong organizational & time management skills 
  • Proficiency with SAP is preferred      

Minimum Qualifications

  • Bachelor's degree in Accounting, Finance or Economics (or similar) and at least 7 years' relevant experience. Accounting experience with a global manufacturing company is preferred.
  • CPA or CMA certification preferred but not required
  • Master's degree in Accounting/Finance preferred, but not required

All qualified applicants shall be treated equally according to their individual qualifications, abilities, experiences and other employment standards. There will be no discrimination due to gender or gender identity, race, religion, color, national origin, ancestry, age, disability, sexual orientation, veteran/military status or any other basis protected by applicable law.

Principal Accounting Analyst - North Canton, OH - The Timken Company


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