Share this Job

Personal and Professional Growth

Principal Supply Chain / Financial Operations Analyst

North Canton, OH, US, 44720

Your Career Begins at Timken 
If you're ready for a challenging career that provides you with the ability to advance personally and professionally, look to Timken.  Our associates make the world more productive by improving the efficiency and reliability of the machinery that keeps industry in motion.


Purpose of Position

This position is responsible for providing financial support to manufacturing operations.  This support activity includes general accounting activities such as accruals and capital vs. expense questions, cost accounting activities such as standard costing and production variance reporting, financial analysis activities such as make vs. buy decisions or investment payback calculations and internal controls activities such as inventory control and inventory adjustments approvals.  This position will work with cross-functional teams including other salaried professionals and will be expected to challenge and hold accountable other team members.  This position will be expected to drive process improvement and identify and implement cost reduction actions.  This position will provide support to supply chain personnel including the VP of Supply Chain.


Essential Responsibilities

  • Support Operations Controller in various closing, reporting, inventory management and business planning activities.
  • Assist in the development and maintenance of annual budgets and standard product costs for various product lines and part numbers.
  • Assist cost savings studies in support of continuous improvement plan activities. Drive monthly accounting closing processes. 
  • Provide cost information to other departments as required. Produce monthly reports for management.
  • Do periodic audits and observations to ensure proper financial policies are being followed.
  • Work with operations personnel to correct reporting as needed.
  • Manage the evaluation of Sarbanes-Oxley audit requirements.
  • Assist in physical inventory counts and reconciliations. 
  • Perform actual vs. budget variance analysis. 
  • Create monthly reports on actuals for Logistics Costs (Freight, PWS, DWS) including variances and explanations of those variances and assist in budgeting and forecasting these costs. 
  • Assist in inventory planning, forecasting, reporting and analysis. 
  • Serve as BPO for shipping and receiving and work with auditors on related controls. 
  • Work with distribution centers and third-party logistics service providers to ensure compliance and drive cost improvements.
  • Other AdHoc reporting and analysis as necessary to support the BPT organization.
  • Travel as required, up to 25%


Technical/Functional Skills Required

  • Microsoft Office
  • Accounting and/or Finance
  • Hyperion Planning – Oracle product
  • SAP and Business Objects
  • Strong analytical and variance analysis/root cause analysis
  • Strong communication skills/team player     
  • Prior experience working with internal and external auditors 


Minimum Qualifications

  • Bachelor’s degree in Accounting or Finance and at least 7 years’ relevant experience
  • Master’s degree in Accounting/Finance preferred, but not required.
  • Position level will be dependent upon years of qualified and relevant experience and education.


All qualified applicants shall be treated equally according to their individual qualifications, abilities, experiences and other employment standards. There will be no discrimination due to gender or gender identity, race, religion, color, national origin, ancestry, age, disability, sexual orientation, veteran/military status or any other basis protected by applicable law.

Join one of the World’s Most Ethical Companies® – an honor we’ve received nine times.


The Timken Company designs a growing portfolio of engineered bearings and power transmission products that improve the reliability and efficiency of global machinery and equipment to move the world forward. Timken posted $3.6 billion in sales in 2018 and employs more than 17,000 people globally, operating from 35 countries.

Why Choose Timken?

  • Over a century of knowledge and innovation
  • A culture of top performance
  • A global, diverse environment
  • Products that contribute to a sustainable world
  • A conviction to improve communities around us
  • Competitive salary and benefits

Not Ready To Apply?

Stay connected by joining our network and we'll keep you informed about upcoming events and opportunities that match your interests.