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Accounts Payables Analyst

Arden - North Carolina - USA

Sep 11, 2024

Full time

R2024-3733


Position

Accounts Payable Analyst

Location

Arden, NC   

About us

BorgWarner is a global product leader in delivering innovative and sustainable mobility solutions for the vehicle market. We are a company of innovators and independent thinkers that brings together talented employees, meaningful work, and amazing technology in a unique environment. At BorgWarner we constantly work towards our vision of a clean and energy-efficient world.

Our Culture

We believe the health and safety of our employees are a top priority. We care about our local communities and the global environment. BorgWarner promotes and nurtures a diverse and inclusive environment, honors integrity, strives for excellence, commits to responsibility for our communities and the environment, and builds on the power of collaboration.

Career Opportunities

We manage talent as seriously as we manage our businesses and encourage you to learn about our proud history, strong culture, technologies, and future vision. We offer a strong local presence and interesting global opportunities. Start your future with BorgWarner now!  

For a listing of Asheville/Arden openings:  BorgWarner Openings

Pay & Benefits

All positions start at an above market pay rate for that position. Benefits are also above market and include the below for all fulltime employees:

  • Day 1 Medical Coverage with potential of no monthly premium

  • Onsite Health Clinic for employees and dependents (age 14 and over) at no cost

  • Dental, Vision, Life, AD&D, and Disability Coverage

  • Tuition Reimbursement Program after 18 months

  • Retirement Savings Plan (401k) with a matching program

  • Company paid holidays and vacation starting Day 1

Job purpose

The BorgWarner Arden campus offers two world class technical centers and a cutting-edge manufacturing facility that designs and produces turbos and fan drives for the automotive industry. The Arden campus offers a multitude of career opportunities and is in the beautiful mountains of Western North Carolina.

POSITION SUMMARY

Accounting analyst to support accounts payable function, intercompany accounting, general accounting requirements and ad hoc reporting.

           

Key accountabilities:

  • Functions within a high volume and often complex Accounts Payable Department

  • Strong support needed with MRO, Production and Intercompany invoices

  • Creates credit and debit memos, when necessary, payment to suppliers and answering account status update requests

  • Handles various closing responsibilities with heavy emphasis on intercompany accounting to include signing account confirmations, journal entries and account reconciliations

  • Performs other routine duties and ad hoc reports with analysis, required as directed by the Accounts Payable Lead

  • Supports audit requirements.  Maintains audit documentation and responds to audit requests.

  • The Analyst is also expected to embrace the thought process of continuous improvement and make contributions towards implementing changes in our systems and processes to increase productivity.

  • Must have the ability to learn on the fly with limited instructions. 

  • Needs to be a self-starter, often initiating research where needed. 

  • Desire to continue to learn and grow within the Finance organization.

Principal Activities:

  • Assist in managing the full accounts payable cycle from receipt of invoices to payment; adhering to the 3-way match process, obtaining approvals when Purchase Orders aren’t feasible, and entering the invoices into the accounting system.  Helps to prepares check runs, wire transfers, and ACH transactions.  Responsible for monthly accounts payable journal entries and balance sheet reconciliations.
  • This person would also be expected to embrace the thought process of continuous improvement and make contributions towards implementing changes in our systems and processes to increase productivity.
  • Maintains confidentiality of all privileged information. 
  • Participates as an effective team player and team contributor. 
  • Demonstrates effective problem-solving techniques.
  • Uses rigorous and proven methods to solve difficult problems with effective solutions and works with other departments where necessary. 
  • Provides effective customer service that is timely and accurate. 
  • Supports continuous improvement and makes contributions towards implementing changes in our systems and processes to increase productivity. 
  • Adapts to change.
  • Works with needs of a changing organization to maximize flexibility within the organization.
  • Adheres to an appropriate and effective set of core values and beliefs and acts in line with those values. 
  • Seeks out opportunities for improvement. 
  • Functions within a high volume and often-complex accounting department.
  • Identifies and sets priorities to meet corporate and divisional deadlines. 
  • Demonstrates sound knowledge of general accounting principles and practices. 
  • Understands and adheres to current quality and control policies. 
  • Understands and adheres to current health, safety, and environmental policies. 
  • Identify and close safety issues (suggestions, inspection and investigation findings) and their corrective actions.
  • Communicate and enforce safe work procedures.
  • Performs other duties as requested, directed, or assigned.
  • Supports the role accounting/finance plays in the overall success of the business. 
  • Drives for results.  

Qualifications:

  • Preferred Associates or bachelor’s degree in Accounting
  • 1 – 3 years of experience
  • Proficiency with Microsoft office software (Word, Excel, PowerPoint, and Outlook) is required
  • Experience using SAP preferred
  • Must have the ability to process significant amounts of data entry in a timely and accurately manner
  • Also requires experience in monthly reconciliation of subsidiary ledgers and general ledger balances.

What we believe

  • Inclusion: Respecting Individuals

  • Integrity: Honoring truth

  • Excellence: Focusing on results

  • Responsibility: Our commitment

  • Collaboration: Building trust

Safety

This position will adhere to the BorgWarner Environmental Health and Safety Program by following all safety rules, procedures, practices, training, and safe use of equipment; this includes use of personal protective equipment (PPE) as required. This individual will work in a way that stresses the importance of preventing injury, accidents, or illnesses to themselves or co-workers by correcting or reporting unsafe situations, incidents, or occurrences to their Team Lead immediately.

Equal Employment Opportunity

BorgWarner is an equal employment opportunity employer such that all qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity/expression, national origin, disability or protected veteran status.

Join the company that is creating solutions that support a cleaner, more energy-efficient world.

For more information about BorgWarner, please visit www.borgwarner.com

For a listing of Asheville/Arden openings:  BorgWarner Openings

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BorgWarner is an equal employment opportunity employer such that all qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity/expression, national origin, disability or protected veteran status.

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