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Financial Analyst

Location: 

Saginaw, MI, US

Division:  North America (NA)
Req ID:  48961

THIS IS A 5TH/6TH LEVEL POSITION REPORTING TO DAN REDMAN

FINANCIAL ANALYST

MAJOR JOB RESPONSIBILITIES:

  • Responsibilities May Include:
  • Participate as a member of cross-functional business unit team
  • Assist with month-end close activities by providing appropriate accrual information, etc.
  • Track and report on Key Performance Indicators (KPI's)
  • Report monthly results to management
  • Participate in a variety of financial analysis and special projects

MANUFACTURING:

  • Develop plant manufacturing forecast(s) and profit plan; provide variance tracking on a daily/weekly/monthly basis
  • Manage and approve purchase requisitions
  • Coordinate physical inventory audits
  • Develop departmental standard costs
  • Coordinate all warranty and quality activity and book reserve estimates
  • Cancellation claims and customer returns

COST:

  • Develop business unit revenue/material forecast(s) and profit plan and provide variance tracking on a daily/weekly/monthly basis
  • Track variance(s) in proper categories (volume, price, economics, mix, performance, etc.)
  • Track commodity indices and communicate variances between customer recovery/supply base cost
  • Review customer schedule and downtime reports, track changes and incorporate in forecast/R&O
  • Standard cost variance analysis

BUSINESS:

  • Develop financial business cases for new business opportunities and track actual results
  • Provide business case support for 18 Month Rolling Forecast and Long-Range Financial Plan updates
  • Support Engineering Change Request (ECR) analysis
  • Provide financial support of RYG Financial Reviews; project post-implementation audits
  • Develop capital spending appropriation requests
  • Develop capital and project expense forecast
  • Responsible for business unit fixed asset reporting; useful lives, asset audits, D&A, etc.
  • Complete financial analyses required to support Make vs. Buy studies

SYSTEM:

  • Maintain and document proper internal controls
  • Load actual and forecast data into Hyperion Planning by saleable part number and update DTL
  • Ensure new saleable part numbers are maintained in systems
  • Inventory part costing for business unit; setup of standard cost
  • Update and maintain business unit reporting systems; PowerBI, powerpivots, templates, dashboards, etc.

TECHNICAL COMPETENCIES:

  • Manufacturing Process Knowledge
  • Problem Solving
  • Risk Assessment
  • Process Mapping (T-accounts)
  • Project Management
  • Accounting Software (ERP- QAD, etc)
  • MS Office (word, excel, power point, access)
  • Hyperion Software (consolidation & reporting)
  • Financial Planning and Analysis
  • Financial Statement Preparation
  • Qualitative Variance Analysis
  • Technical Accounting (IFRS, GAAP, STATUTORY)
  • Cost Accounting (Inventory, ABC, Standard Variance)
  • Investment Project Analysis and Evaluation

QUALIFICATIONS:

DEGREE:  Bachelor, MBA Degree     MAJOR:   Accounting, Finance

  • Demonstrated high level of interpersonal skills to work effectively with others
  • Demonstrated high level of analytical ability where problems are complex
  • Demonstrated high level of oral and written communication skills
  • Strong self-starter with initiative and innovative attitude
  • Demonstrated ability to work independently with minimal supervision
  • Ability to interact effectively with a wide range of colleagues across functions
  • Effective oral and written communication skills
  • Excellent computer/ Excel skills
  • Strong knowledge and understanding of accounting/finance principles
  • MBA and or certification (CPA/CMA) preferred
  • Minimum 2 years applicable work experience

NEXTEER