Job Description
Cognex is the world’s leading provider of vision systems, software, sensors, and industrial barcode readers used in manufacturing automation. Cognex vision helps companies improve product quality, eliminate production errors, lower manufacturing costs, and exceed consumer expectations for high-quality products at an affordable price. Typical applications for machine vision include detecting defects, monitoring production lines, guiding assembly robots, and tracking, sorting, and identifying parts.
Cognex serves an international customer base from offices located throughout the Americas, Europe, and Asia, and through a global network of integration and distribution partners. The company is headquartered close to Boston in Natick, Massachusetts, USA.
Cognex is a financially strong international company with a culture that maintains the fast-paced, creative environment of a startup. Its employees, proudly called “Cognoids,” take their work seriously, but don't take themselves seriously. Their ‘Work Hard, Play Hard, Move Fast’ culture recognizes employees for their innovation, perseverance & hard work in a fun & rewarding environment. Cognex values in-person team collaboration, whilst offering remote workplace flexibility up to two days a week depending on the role.
We are working on a hybrid schedule.
The Role:
This Financial Analyst partners with various Cognex groups by providing financial planning and analysis of expenses for the different functions. This position provides insightful, trustworthy data that helps senior management make strategic and tactical decisions for our company.
The Team:
The Finance team has strong business partnerships and influence throughout the company. We drive financially informed decisions in support of the company’s strategic objectives. We are investing in advanced analytics capabilities to enhance our data-driven approach to problem solving. We are focused on process improvement to provide the most efficient transactional support for our customers, vendors, and employees. The Finance leadership team has a proven track record of talent development. We invest in our team members and partner with them on their career development by offering a wide range of opportunities, including mentorships, special project assignments, training programs, and executive exposure.
The Role:
Cognex is looking for a Financial Analyst to join the growing FP&A team to support the ES, Facilities, and Legal functions. A key function of this role is performing financial analysis, planning and reporting of the business. The successful candidate will have strong finance, accounting and analytical skills, solid business judgment, and thrive in a fast-paced work environment. The Financial Analyst role provides a great foundation for career growth.
Essential Functions:
Partner with the ES, Facilities, and Legal business leaders to prepare the annual expense budget and quarterly expense forecasts
Analyze month end department expense results for the global departments and prepare appropriate journal entries to ensure expenses are recorded properly.
Prepare month end variance explanations for the Management Financial Package and Responsibility P&Ls.
Continuously look for opportunities to improve existing processes and procedures.
Perform ad-hoc financial analysis as needed and seek out and create new opportunities for financial analysis for G&A functions.
Support preparation of monthly executive KPIs
Support quarterly Facilities Office Action review meetings
Knowledge, Skills, and Abilities:
Strong attention to detail to produce consistent, high-quality results
Self-starter and problem solver
Ability to work productively in a cross-functional team environment
Excellent communication and interpersonal skills
Minimum education and work experience required:
Bachelor’s Degree
3 years of financial planning and analysis preferred.