Principal Financial Analyst

The Timken Company (NYSE: TKR) engineers, manufactures and markets bearings, gear drives, belts, chain, couplings, and related products, and offers a spectrum of powertrain rebuild and repair services. The leading authority on tapered roller bearings, Timken today applies its deep knowledge of metallurgy, tribology and mechanical power transmission across a variety of bearings and related systems to improve reliability and efficiency of machinery and equipment all around the world.

This individual is exposed to all major FP&A processes and functions for Timken Bearings and Power Transmission Segment (B&PT), approximately $3B in sales, including the segment’s financial monthly forecast, annual budgeting process, variance analysis, and value based decision making. S/he provides decision support and strategic support to senior management including preparing board presentations, financial presentations, Investment analysis industry/peer group comparisons, new business opportunities, acquisition analysis and other projects requested by senior management. This is a key role in maintaining and improving current processes related to Global annual business planning, forecasting, variance analysis and value based decision making. FP&A acts as the analytical engine of the business to provide insights and support business decision making.

* Analyze current and past trends in key performance indicators including all areas of revenue, cost of sales, and S&A. * Participate in developing solutions for improved Hyperion forecast modeling in Timken13 and SGA10. * Quarterly and monthly financial reporting. * Develop financial models and analyses to support strategic initiatives. * Analyze complex financial information and reports to provide accurate and timely financial recommendations to management for decision making purposes. * Supporting senior management team and department heads with in-depth analysis. * Prepare presentations to senior management team, * Interface with finance managers around the world to ensure accurate B&PT reporting, forecasting and variance analysis. * Conduct Forecast Reviews of P&L and Balance Sheet recommending adjustments to align the forecast. * Other ad hoc reporting and analysis as necessary to support the B&PT organization.

**Technical/Functional Skills Required** * Strong variance and root cause analysis skills * Hyperion Planning (Oracle product) familiarity * SAP and Business Intelligence experience * Advanced Excel and PowerPoint capability * Excellent verbal and written communication skills * Strong collaborative team skills **Minimum Qualifications** * Bachelor's degree in Accounting/Finance or Business with 7 or more years’ experience, or * Master’s degree in Accounting/Finance (or MBA) with 5 or more years’ experience. * CPA/CMA (preferred)