Financial Analyst

Job Title: Financial Analyst (Manufacturing)

Purpose of the Role:

• Provide comprehensive financial and business analyses to support financial, general management, and manufacturing operations.
• Deliver actionable insights through assessments, observations, recommendations, and summaries to guide management decisions.
• Lead the preparation, coordination, and consolidation of monthly forecasts, annual budgets, and strategic plans for Engineered Products, Industrial Products, and Corporate departments.

Key Responsibilities:

• Develop and maintain financial models to support the consolidation of monthly manufacturing forecasts, annual financial plans, and strategic initiatives.
• Analyze and interpret operating results, comparing them to forecasts, budgets, and financial plans. Provide recommendations based on findings.
• Schedule and coordinate the manufacturing forecasting process, including manufacturing expenses, absorption, and variances.
• Ensure deadlines are met in the forecasting and planning processes.
• Advise manufacturing management on actual expenses versus forecasts and provide financial insights for decision-making.
• Reconcile and report weekly/monthly labor hours and manpower status to manufacturing leadership.
• Assist with the development of annual burden rates and analyze fixed burden manufacturing expenses for make-or-buy decisions.
• Complete corporate accounting tasks such as monthly closings, journal entries, account reconciliations, and preparing analytical studies for external auditors.
• Serve as the Capital Expenditure Administrator, overseeing CapEx requests, reviewing and recommending Appropriation Request Authorizations (ARAs), and coordinating Capital Steering Committee meetings.
• Administer warranty accounting functions.

Qualifications:

• Bachelor's degree in Accounting or Finance required; MBA is a plus.
• Minimum of five years of professional experience in a manufacturing environment, including cost accounting experience.
• Strong knowledge of accounting principles as they relate to profit and loss statements, balance sheets, cash flow statements, and capital expenditure evaluations.
• Excellent analytical and communication skills are essential.
• Proficiency in Microsoft Office, Hyperion, Oracle, and Kronos.
• FP&A experience is highly preferred.