Full-Time

Accounts Payables Analyst

Posted on 1/14/2025

BorgWarner

BorgWarner

10,001+ employees

No salary listed

Junior, Mid

Arden, NC, USA

Category
Bookkeeping
Cost Accounting
Financial Accounting
Accounting
Required Skills
SAP Products
Customer Service
Excel/Numbers/Sheets
Requirements
  • 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.
Responsibilities
  • 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.
  • 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.
  • 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.
Desired Qualifications
  • Experience using SAP preferred

Company Size

10,001+

Company Stage

IPO

Headquarters

Auburn Hills, Michigan

Founded

1928

Simplify Jobs

Simplify's Take

What believers are saying

  • Growing automotive energy recovery market could boost BorgWarner's market share.
  • Strategic pivot may increase profitability by reallocating resources from EV battery operations.
  • Hydrogen solutions collaboration positions BorgWarner as a leader in alternative fuel technology.

What critics are saying

  • Closure of EV battery plants may lead to negative public perception and workforce loss.
  • Increased competition from Chinese automakers could pressure BorgWarner's market share.
  • Impairment charges suggest potential financial instability in PowerDrive and Battery Systems.

What makes BorgWarner unique

  • BorgWarner's AirWerks turbocharger offers 85 extra horsepower for Ford F-150 trucks.
  • Collaboration with Tula Technology enhances electric vehicle efficiency with Dynamic Motor Drive.
  • Ultra-Short High-Voltage Hairpin eMotor technology reduces costs and boosts efficiency.

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Benefits

Flexible Work Hours

Hybrid Work Options

Company News

Automotive Industry Today
Mar 3rd, 2025
Expanding Automotive Energy Recovery System Market - From $22.4 Billion (2020) to $45.5 Billion (2030) with 7.4% CAGR

In December 2019, BorgWarner Inc. launched the newest AirWerks upgraded turbocharger with a convenient bolt-on design and temperature-resistant materials that deliver optimal performance for the customers with Ford F-150 trucks with model years between 2011 and 2016 with an additional 85 horsepower to the vehicle.

Business Wire China
Feb 25th, 2025
Tula Technology Progresses Commercialization of Dynamic Motor Drive(R)

Tula, in cooperation with BorgWarner, implemented and tested DMD on a premium REEV with internal permanent magnet motors on both the front and rear axles.

Crain's Detroit Business
Feb 19th, 2025
BorgWarner to close EV battery plants, lay off 188

Automotive supplier BorgWarner is planning to close two plants in metro Detroit and lay off 188 workers under an electric vehicle battery business it acquired four years ago.

Automotive News
Feb 19th, 2025
BorgWarner to close 2 EV battery parts plants near Detroit, cut 188 jobs

BorgWarner to close 2 EV battery parts plants near detroit, cut 188 jobs.

La Noticia Digital
Feb 19th, 2025
Battery Giant's Exit Sparks Job Losses in Michigan

The decision to close Akasol's Michigan plants reflects a strategic pivot by BorgWarner.

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