Junior Financial Analyst

Description -

As a Financial Analyst in the Cost Accounting team, you will deliver accurate and timely analysis of cost data to support strategic decision-making and financial performance. You will ensure transparency of production, operational, and overhead costs through detailed reporting, variance analysis, and reconciliations.

You will combine financial expertise with strong technical skills to drive process improvements, automation, and advanced reporting solutions. By leveraging ERP systems, BI tools, and data analytics, you will enhance visibility of cost drivers, optimize resource utilization, and contribute to overall business efficiency and profitability. Additionally, you will manage inventory flows impacting the EMEA region and ensure their accurate reflection in the financial records.

Responsibilities

• Maintain and reconcile cost accounting records and inventory-related balance sheet accounts, ensuring accurate cost allocation across cost centers and projects

• Prepare and analyze periodic cost reports and variance analysis (actual vs. budget vs. forecast), providing actionable insights and recommendations

• Support month-end and year-end closing activities, including journal entries, accruals, reconciliations, and cost reclassifications

• Develop and maintain standard cost models, BOMs, and cost simulations for accurate tracking and forecasting

• Act as an ERP power user (QAD, SAP) to extract, validate, and analyze cost and inventory data

• Build and automate reports and dashboards (Power BI, Excel, SQL) to enhance data visibility and decision-making

• Collaborate cross-functionally and contribute to process improvement, automation, ad-hoc analysis, and compliance with accounting policies and controls

Requirements

• Bachelor’s or Master’s degree in Business Administration, Management, Economics, or a related field.

• 1-2 years of experience in finance.

• Proficiency in Microsoft Excel (data analysis, formulas, modeling), with experience in Power BI or similar data visualization tools

• Familiarity with Copilot or AI-powered productivity tools, and basic knowledge of accounting principles and financial concepts

• Strong adaptability and flexibility, with solid time management and prioritization skills

• Excellent collaboration and teamwork abilities, combined with effective networking and stakeholder engagement skills

• Creative thinking and a proactive, problem-solving mindset

• No prior professional experience required, though relevant internships or practical experience will be considered an advantage

Experience our benefits

• A truly international experience: Work in a global organization with colleagues from 60+ nationalities, collaborating across cultures and geographies.

• Continuous growth & career development: Multiple internal mobility and career opportunities, supported by HP’s learning platform to keep growing your skills.

• Competitive benefits package, including:

• Hybrid work model (home office / office), depending on the role/functions

• Health & Life insurance

• Ticket Restaurant Vouchers or lunch at reduced prices at our canteen

• Flexible working hours to support work-life balance

• HP Flex Program: Kindergarten vouchers & Transport Card

• Exclusive HP products offers and discounts for employees, friends and family

• Inclusion & belonging at the core: Join our global employee networks such as Women, Pride, Inclusion, NextGen, Sustainability & DisAbility, with opportunities to get involved locally.

• Give back to the community: Participate in volunteering initiatives or join our annual HP Charity Day held onsite.

• Stay active & energized: Access our sports center (indoor & outdoor) with 25+ coordinated activities.

• Onsite medical services: Doctor and medical team available for annual checkups, nutrition, oral hygiene, physiotherapy, and general health.

• Creativity & innovation: Enjoy our Printing Happy Hour-from photos to large posters-and hands-on workshops using the latest printing technologies, from wall covers to 3D printing.

• Easy commuting: Free parking available or excellent access via nearby train services.

• Women Network initiatives: Networking events, STEM promotion, business acumen talks, work-life balance sessions, and future-skills development.

Legal Entity: Sales & Services

Job -

Schedule -

Shift -

Travel -

Relocation -

Equal Opportunity Employer (EEO)-

HP, Inc. provides equal employment opportunity to all employees and prospective employees, without regard to race, color, religion, sex, national origin, ancestry, citizenship, sexual orientation, age, disability, or status as a protected veteran, marital status, familial status, physical or mental disability, medical condition, pregnancy, genetic predisposition or carrier status, uniformed service status, political affiliation or any other characteristic protected by applicable national, federal, state, and local law(s).

Please be assured that you will not be subject to any adverse treatment if you choose to disclose the information requested. This information is provided voluntarily. The information obtained will be kept in strict confidence.

For more information, review HP’sEEO Policy or read about your rights as an applicant under the law here: “ Know Your Rights: Workplace Discrimination is Illegal "