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Senior Financial Analyst @ Flowserve

Budapest, HUOnsiteFull-time
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About this role

Job Summary: The Senior Financial Analyst supports financial planning, forecasting, reporting, and performance analysis for the business. This is a senior individual-contributor role with no direct people-management responsibility. The role provides reliable analysis and practical financial insight to support decision-making, performance management, and delivery of financial commitments. The successful candidate combines strong financial-analysis skills, commercial awareness, attention to detail, and the ability to partner effectively with stakeholders across the organization.

Your role:

• Lead assigned components of the annual operating plan, periodic forecast, and long-range planning process.

• Prepare and analyze monthly financial results, including actual performance versus budget, forecast, and prior year.

• Identify, quantify, and clearly explain material financial variances, risks, opportunities, and business drivers.

• Develop and maintain financial models for revenue, margin, operating expenses, headcount, working capital, and cash flow.

• Partner with functional and operational leaders to gather assumptions, challenge inputs, and improve forecast accuracy.

• Work closely with the local /BSC accounting team to ensure accurate financial reporting and decision support

• Monthly financial performance reviews with BSC Functional, G-TEC Leads

• Liaison with external vendors and suppliers on completing accounting tasks related to entities in scope

• Prepare management reports, dashboards, commentary, and presentation materials for finance and business leadership.

• Support month-end close through review of results, accruals, allocations, and key reporting controls.

• Conduct profitability, pricing, project, and cost-center analysis to support commercial and operational decisions.

• Develop business cases and investment analyses, including sensitivity analysis and return-on-investment assessments.

• Improve the accuracy, efficiency, and automation of recurring finance reports and processes.

• Ensure compliance with internal controls, financial policies, data governance, and confidentiality requirements.

• Maintain and reconcile cost centers, headcount tables

• Manage controlling aspects of new transitions and related allocations

• Handle ad hoc controlling, FP&A related requests

• Ensure compliance with FLS policies, Sarbanes-Oxley (SOX) and local statutory laws and regulations

• Implement, and maintain effective internal controls for own area

Preferred Qualifications

• Professional qualification or progress toward ACCA, CIMA, CPA, CFA, or equivalent.

• Experience in a multinational, SSC, industrial, manufacturing environment.

• Experience with Power BI, Power Query, Power Pivot, SQL, or financial-reporting automation.

• Familiarity with SOX, internal controls, and governance requirements.

• Experience working with cross-functional business leaders and supporting operational or commercial decisions.

Your profile:

• Bachelor’s degree in Finance, Accounting, Economics, Business Administration, or a related discipline.

• 4–5 years of experience in FP&A, controlling, commercial finance, financial analysis, accounting, or audit.

• Strong understanding of financial statements, budgeting, forecasting, variance analysis, and management reporting.

• Advanced Excel and financial-modeling skills, including complex formulas, pivot tables, scenario analysis, and large-data-set analysis.

• Experience with ERP, financial planning, and reporting tools; SAP, Power BI, and Workday Adaptive Planning experience is beneficial.

• Strong analytical, problem-solving, and communication skills.

• Proven ability to manage multiple deadlines, work independently, and deliver accurate outputs in a fast-paced environment.

• Professional fluency in English; additional local-language skills may be beneficial.

What we offer you:

• Friendly multicultural environment and team events

• Life, accident and health insurance

• Cafeteria package

• Career development and training opportunity

• Opportunity for hybrid work

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