Financial Analyst

• Responsible for preparing and reporting of divisional and consolidated financial statements, which includes preparing journal entries and reconciliation of general ledger accounts.
• Additionally responsible for ensuring standard costs are complete, and that material variance processes are completed and communicated.

Responsibilities

• Also includes budgeting and forecasting of the domestic and foreign divisions.
• Responsible for performing various month end journal entries and preparing closing reports accurately within the month end schedule.
• Accountable and responsible for accrual, reconciliation, and analysis of many general ledger accounts.
• Preparation and maintenance of selected areas in the budget and forecast.
• Prepare and coordinate various financial projects in the general accounting, cost accounting areas.
• Report significant variances on a weekly basis by investigating potential problems and devising solutions with cross functional department teams.
• Perform other duties as necessary in support of projects and departmental goals and objectives.
• Treat all information in a confidential and professional manner.
• Set standard costs, value inventory and review standard costs on a regular basis by establishing and reviewing material costs, calculating labor and overhead rates, and reviewing BOMs and routings for accuracy.
• Perform monthly inventory revaluation.
• Assist in the PCP process by rolling, copying, and updating costs as needed along with completing analysis of impact based upon item BOM/Routing changes per team requirements.
• Own the financial statement closing processes, including analyzing and journaling inventory, analyzing and journaling COGS, and analyzing and reporting all material variances.
• This ownership includes ensuring the integrity and effectiveness of the process.
• Budget materials, labor and overhead (standard materials and the material variance accounts) for the annual budget.
• Provide visibility of financial position to the Supply Chain Team.
• Reach focus and alignment with business partners to improve financial performance.
• Support new product development by providing cost estimates and business case analysis.
• Responsible for analysis and research of weekly variable scrap, monthly consolidated inventory, and monthly purchase price variance, obsolescence, and supplier receivables/credits for defective product.
• Perform daily updates of new items costs, resolving of zero cost inventories and checking for duplicate costs in Oracle.
• Supporting manufacturing and distribution operations with financial reporting and analysis.
• Cycle counting reporting and holding meetings to facilitate communication to maintain inventory accuracy and resolve issues.
• Reporting and analysis of labor efficiency variances.
• Support inventory counting to ensure inventory accuracy before the final year-end audit.
• Work with Domestic and Asia teams to establish correct material costs, along with monitoring and forecasting purchase price variances.
• Process involves purchase cost and adders.

Requirements

• Bachelor’s degree in Financial Accounting or related field.
• MBA, CPA, CMA certification preferred.
• Must have a firm grasp on conceptual and systematic issues.
• Demonstrate a broad understanding of accounting principles, practices, and procedures.
• Possesses specific knowledge in areas of specialty to support departmental objectives.
• Computer skills and experience with database programs such as Oracle, plus proficiency in Microsoft Office, especially Excel.
• Usually works with minimum supervision, conferring with superior on unusual matters.
• Assignments are broad in nature, requiring originality and ingenuity.
• Has applicable latitude for independent action or decisions.
• Must demonstrate a high level of interpersonal skills and the willingness to tactfully confront others on pertinent issues.
• Shift First Shift (United States of America)

NOTE

Candidates for this role are required to be based near Zeeland, MI to support a hybrid work schedule with regular onsite collaboration. Relocation assistance is not included.