DescriptionWe are seeking a highly analytical and detail-oriented Financial Analyst to join our team. The ideal candidate will be responsible for analyzing financial data, monitoring costs, and providing insights to support strategic decision-making. This role requires strong problem-solving skills and the ability to work cross-functionally with various departments. This position will report directly to the Corporate Controller but will work with the Division Manager on a day-to-day basis.
Key Responsibilities:
- Performance Monitoring & Cost Control: Track plant operations and financial performance against plans, identifying trends and opportunities for improvement. Implement programs to improve productivity, increase efficiencies, and reduce costs. Analyze financial performance and create action plans to address gaps and reduce costs. Monitor and analyze variances in expenses, including materials, labor, and overhead.
- Reporting & Budgeting: Prepare daily and weekly reports on financial performance, production output, and costs. Compare actual performance against budgeted figures, identifying reasons for discrepancies. Educate departments on cost drivers and variances. Lead the plant's financial and capital budgeting process.
- Project Analysis: Conduct financial and profitability analysis of new products, projects, or initiatives. Calculate projected return on investment for proposed capital projects and large expenditures.
- Inventory Management: Assist with cycle counting and the recording of inventory adjustments as necessary. Help investigate inventory discrepancies and create action plans to resolve gaps. Assist as necessary with the accurate recording and reconciliation of production entries.
- Collaboration: Work with cross-functional teams to develop and implement strategies to improve financial performance. Support financial decision-making and strategic planning.
- Compliance: Ensure all financial activities comply with company policies and regulations.
QualificationsQualifications & Skills:
- Bachelor's degree in finance, accounting, or similar business-related field.
- 1-5 years of experience in financial analysis or accounting.
- Strong proficiency in Excel and ERP systems.
- Excellent analytical, problem-solving, and comm