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As a Financial Analyst, you will be the bridge between the production facilities and the corporate finance and accounting teams. Reporting to the Controller, you will be responsible for the annual budget, monthly forecasting, weekly flash, month-end close, and monthly financial reporting. The Financial Analyst focuses on Cost Accounting, Operational Analysis, and Performance Tracking. You will spend your time analyzing production trends, managing inventory valuations, and helping department heads understand their budget variances.
Job Responsibility:
Maintain and update standard costs for raw materials, labor, and overhead
Perform “Standard vs. Actual” cost analysis to identify manufacturing variances
Analyze plant performance metrics (Yield, Throughput, and Efficiency) to identify trends and areas for cost improvement
Oversee the integrity of inventory accounting, including cycle count programs, excess/obsolete (E&O) analysis, and year-end physical audits
Assist in the creation of the annual operating plan (AOP) and monthly rolling forecasts
Evaluate the Financial Return on Investment (ROI) for new machinery or facility upgrades
Prepare journal entries and reconciliations specifically related to production activities and cost of goods sold (COGS)
Build financial models to simulate “what-if” scenarios (e.g., the impact of a raw material price hike or a shift in the labor union contract)
Requirements:
Bachelor’s degree in Finance, Accounting, or Economics
2-4 years of experience, preferably within a manufacturing or industrial setting
Advanced proficiency in Microsoft Excel (Pivot Tables, VLOOKUPs, Power Query)
Experience working with an ERP system (such as SAP, Oracle, or Microsoft Dynamics)