Sr. Finance Analyst

Sr. Finance Analyst

Work Mode: Hybrid

Location: Hybrid - Kohler, WI

Opportunity

Under the general supervision of the Sr Manager – Rewards Programs and Benefits, coordinate, control and develop the accounting system, forecasting, and reporting function of fringe benefits, product liability, and workers compensation for all US domestic locations.  The position also has a role in understanding the accounting for the company’s pension and postretirement benefits, year-end disclosures, and working with management and Kohler’s actuaries to detail accounting and funding requirements related to these benefits.

Specific Responsibilities

• Reporting and analysis of all benefit categories for the various employee groups within the US domestic locations.  This includes monthly reporting for publication in Kohler Consolidated Operating Statement book and communication of those results. The BCS (Benefit Cost Summary pages) are reviewed monthly with the Employee Benefits team to ensure that any anomalies are addressed in a timely manner.
• Developing a financial plan and forecasts for benefits expenses to be charged to businesses.  This includes coordination with associates in Employee Benefits for health and disability benefits, Environmental, Health and Safety for Workers Compensation, and Tax/Compensation for payroll related benefits, followed by communication of forecast changes and collaboration with business unit finance teams.
• Developing, posting, adjusting, and reporting of fringe rates and fixed benefit charges based on total expense forecasts and estimated headcounts.  This includes all benefits for all US domestic locations.  Fringe rates are reviewed and analyzed several times throughout the year to compare against actual expenses and adjusted as necessary.
• Reviewing monthly reconciliations of the fringe benefit general ledger accounts. This position has ownership of certain balance sheet accounts and is responsible for making sure the balance sheet is accurately stated, and variances are addressed in a timely manner. This includes completion of monthly product liability and worker’s compensation reconciliation reports, quarterly major reserve reporting and analysis, and supporting external auditor requests. 
• Ensuring proper Group Health reserve is posted to the general ledger.  This includes coordination with Employee Benefits and various providers (UHC, BCBS, etc.) for necessary information.  Also, includes the coordination with US locations accounting groups to relay information and assure proper balances are recorded.
• Maintaining documentation of each type of fringe: how costs are accumulated, charge-out methodology, programs involved, information source, etc.  This position is responsible for identifying opportunities for process improvement and implementing strategies to enhance efficiency and effectiveness for the fringe charge-out process.
• Analyzing of product liability reserve and expenses.  This includes analyzing past trends, identifying P&L risks and opportunities, adjusting accruals as needed, and communicating changes with the businesses. The Insurance and Risk Management team assist in this analysis. 
• Documenting and completing the accounting related to the Deferred Compensation program available to executives and upper-level management.  This includes posting monthly returns/losses, working with payroll to coordinate FICA reporting, and reconciling the general ledger accounts associated with this benefit. 
• Analyzing pension and 401(k) for each domestic location.   This includes adjusting the expense when fringes are adjusted, working with 3rd party actuaries, and preparing exhibits for the annual pension executive committee meetings.  The associate will work with an actuarial tool to conduct sensitivity analysis related to various assumptions used for forecasting. 
• Reviewing year-end disclosure reports related to Kohler’s pension and postretirement plans.  This includes preparing the Company’s employee benefit plan and postretirement disclosure footnotes in the Company’s audited financial statements.
• Analyzing quarterly reconciliations of the payroll tax general ledger accounts.  This position is responsible for supporting year-end balances and adjusting accruals as needed.  This includes coordination with the US payroll team.
• Miscellaneous projects as assigned.

Skills/Requirements

• Bachelor of Business Administration degree in Accounting or Finance is a minimum requirement.
• Working knowledge of Kohler Co., SAP, Excel, and BPC.

CUSTOM.PAY.TRANSPARENCY

Why Choose Kohler?
We empower each associate to #BecomeMoreAtKohler with a competitive total rewards package to support your health and wellbeing, access to career growth and development opportunities, a diverse and inclusive workplace, and a strong culture of innovation. With more than 30,000 bold leaders across the globe, we’re driving meaningful change in our mission to help people live gracious, healthy, and sustainable lives.

About Us
It is Kohler’s policy to recruit, hire, and promote qualified applicants without regard to race, creed, religion, age, sex, sexual orientation, gender identity or expression, marital status, national origin, disability or status as a protected veteran. If, as an individual with a disability, you need reasonable accommodation during the recruitment process, please contact kohlerjobs@kohler.com.  Kohler Co. is an equal opportunity/affirmative action employer.