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Senior Accountant & Data Analyst
Senior Accountant & Data Analyst-April 2024
Woodcliff Lake
Apr 18, 2025
About Senior Accountant & Data Analyst

  As an independent group of companies, the BMW Group has a commitment to creativity and breakthrough ideas that goes well beyond the racetrack. In order to continuously create ultimate driving machines, we drive our growth and design excellence by staffing our teams with individuals who are innovative and always looking for the next great idea. If you share our vision and view yourself as an independent, creative thinker, we invite you to join our team in this exceptional role located in Woodcliff Lake, NJ.

  The Financial Analysis and Accounting Services Team is responsible for managing the analysis of financial statements for BMW of North America (BMW NA) while leading the accounting, budgeting and forecasting of significant provisions/reserves and deferred revenue in accordance with International Financial Reporting Standards. The team is looking to add a dynamic Senior Accountant & Data Analyst to the support its goals regarding the further automation of accounting and forecasting processes. As a Senior Accountant & Data Analyst on this team you will be working on the accounting, budgeting and forecasting of Warranty/Goodwill/Service Contract related liabilities/provisions as well as on the analysis of financial statements.

  Key Responsibilities:

  Assists the Financial Analysis Lead regarding creation, monitoring, reconciliation, analysis, forecasting and budgeting of Warranty/Goodwill/Service Contract related liabilities/provisionsSupports to prepare the quarterly studies of Warranty / Goodwill / Service Contracts liabilities/provisions in order to ensure appropriate reserve levels in BMW NA for future obligationsCreates and posts journal entries, monitors development, prepares reconciliation, roll forwards and account analysisReconciles SAP with BMW origin systems to ensure appropriate posting of interfaces in the areas of Warranty/ Goodwill / Service Contracts. In case of any variances, resolves issues timely and accurately in close cooperation with ITCollaborates with business and PMO whenever new products in the warranty/service contract area are to be implemented including testing of accounting processesAssists in preparing monthly, quarterly and annual financial statements to BMW AG and local managementAssists the annual audit and mid-year and interim review of the financial statements and notes by our Independent Certified Public Accounting FirmSupports financial analysis of actual results (balance sheet and P&L) against budget, forecast and actual resultsVerifies that internal accounting controls related to accounting processes are in place and effectivePrepares technical accounting research and guidance as it pertains to current and upcoming IFRS topicsSupports the further automation of accounting and forecasting processes

  Join the BMW North America team and enjoy a high-performance Total Rewards package that may include:

  Medical, Dental, and Vision insuranceAll with options for $0 Employee contribution401(k) with Company matchRetirement Income Account (RIA)Employee vehicle programBonus eligibilityPaid Parental Leave of up to 6 weeksPaid Time Off in addition to Company paid holidays where eligibleHybrid work environmentVoluntary Benefits to fit your needs

  The pay range for this role is: $105,213.00 - $123,780.00.

  The selected candidate's education, skills, experience, and location will be used to determine the final salary offer. All pay ranges are based on a full-time work schedule. This statement is in accordance with state and local pay disclosure requirements.

  Even more so than the generous compensation and benefits, the culture and values of BMW of North America makes it the ultimate working environment. These values are Responsibility, Appreciation, Transparency, Trust, and Openness. We allow these values to guide the way we conduct ourselves and our business.

  At BMW, we are driven by diversity, equity, and inclusion. We are proud to be an Equal Opportunity Employer and are welcoming of all individuals, regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.

  Qualifications:

  Qualifications:

  Bachelor's Degree in Accounting and 5+ years in general accountingMasters' Degree in Accounting and 3+ years in general accounting can be substituted in

  leu of the above requirementsAdvanced knowledge of general accounting topics on both the income statement and

  balance sheet areas (IFRS)Advanced analytical skills in order to perform the complex studies / analysis of large data setsAdvance SAP Accounting systems applicationMicrosoft Office skills (esp. Word, Excel, Power Point)Exposure to BI Tools (Tableau, Power BI, Qlik, Adaptive, etc)Strong ability to understand IT processesStrong communication skills both verbal and written

  Preferences:

  CPA and/or Master's Degree in AccountingInternational and/or industry experience

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