JOB SUMMARY

The Global Business Services (GBS) Finance and Accounting (F&A) Specialist performs financial analyses (e.g., client level profitability, variance comments, trend analysis, financial statement accuracy, asset expenditures, etc.) across various products and sector groups.  He/She compiles and prepares reports, graphs, charts, and written financial summaries.  This position performs general finance and accounting processes including researching, analyzing, creating, and processing monthly journal entries. The GBS F&A Specialist supports a defined operational group and communicates with various management levels.  He/She acts as the key F&A liaison with the Operations team in areas of financial training, general financial statement support, client pricing efforts, General Accepted Accounting Principles (GAAP), internal controls (e.g., revenue recovery, Accounts Receivables [AR], audits, billing adjustments, etc.), forecasting, and annual budgeting.

The GBS F&A Specialist creates and maintains business cases for proposed GBS projects, reports variances to those business cases as projects are in-flight, and creates allocation reports to ensure proper charges are administered to business units.  He/She audits areas of concern (e.g., unusual cost, project assumptions, allocation methodology, etc.) to ensure proper reporting, and conducts trending headcounts to determine projected benefits are achieved.  This position reviews transition proposals and alternatives, reconciling assumptions (i.e., volume, hours, and headcounts) to ensure proper costs.  The GBS F&A Specialist is responsible for preparing quarterly business unit reviews.  He/She identifies allocations to business units, creates, and formats business unit cost reviews for appropriate division management personnel, and reports on initiatives and project impacts to the business unit.

 OTHER DUTIES 

• Develops standardized assumptions for business cases.
• Develops business cases to use cost estimates from various sources.
• Prepares monthly project cost summaries for project tracking.
• Prepares reports to review project effectiveness.
• Generates reports to track staffing and management headcount analysis.
• Develops analysis to identify process cost drivers to allocate to business units based on appropriate metrics.

PREFERRED COMPETENCIES 

• Accounting Knowledge:  Demonstrates basic knowledge of accounting theory and principles
• Conducts Research:  Identifies the business problem that requires research; identifies sources of information that are relevant to a problem; reviews literature and data related to the research question; summarizes information from data sources.
• Detail Orientation:  Captures/documents specific and accurate information; learns subjects thoroughly and in detail; completes work with thoroughness; supplies appropriate details when requested; maintains organized files.
• Report Generation:  Possesses ability to generate simple reports using basic functions in software, and/or writing basic queries; identifies information required to complete reports and identifies existing reports generated by others.

MINIMUM QUALIFICATIONS

• Experience identifying the business problem that requires research - Preferred
• Bachelor’s degree in Finance - Preferred

UPS is an equal opportunity employer – race/color/religion/sex/national origin/veteran/disability/sexual orientation/gender identity

Founded on a $100 loan in 1907, 2 teenage boys opened up a messenger service in a 6 by 17 foot office located just below the sidewalk on Second Avenue and Main Street in Seattle, WA. Messengers ran errands, carried notes, hand baggage, and delivered trays of food for customers. They also delivered packages, traveling by streetcars and bicycles for longer trips, and later using motorcycles.