Financial Analyst Jobs

Financial Analyst - Operations and Costing

Overview

We're seeking a "Financial Analyst" to play a key role in our accounting and reporting functions, focusing on cost analysis, pricing inputs, customer quotes, and sales and margin reporting.

Responsibilities

As a Financial Analyst, you will:

• Prepare and review journal entries related to inventory and cost of goods sold, along with relevant reports and analyses.
• Assist supply chain and procurement teams.
• Contribute to month-end tasks, including journal entries, variance analysis, and management reporting.
• Provide cost analysis and pricing inputs for generating customer quotes, cost recovery, and sales and margin reporting.
• Apply continuous improvement practices to refine financial aspects of the manufacturing costing process and other finance processes.
• Compare and review actual production and packaging labor costs against standards.
• Support capital appropriation requests with financial analysis and guidance through the capital process.
• Collaborate with cross-functional teams to enhance cost accounting systems, processes, and procedures.
• Provide ad-hoc financial analysis and modeling.
• Analyze production cost changes against targets and explain the reasons behind them, including overhead variance analysis.
• Assist in setting cost standards for new products or changes to existing products, sharing data and comparisons with Finance and Operations teams.
• Regularly calculate direct labor and manufacturing overhead rates for each location and update relevant ERP, quoting, and accounting systems.
• Analyze and report on inventory purchases and usage, collaborating with operations to understand and explain variances.
• Develop and maintain Inventory and Cost Accounting reports and assist in report generation.
• Identify products that are falling below margin expectations.
• Ensure manufacturing reporting system changes are accurately reflected for product cost and inventory valuation.
• Manage and update accounting and costing master data for all materials, including Raw Materials, Work-in-Progress (WIP), and Finished Goods.

Qualifications

To succeed in this role, you should have:

• Effective communication and presentation skills, capable of explaining complex financial insights to senior operations and finance stakeholders.
• Solid grasp of manufacturing accounting principles and the ability to uphold a strong compliance environment.
• Strong preference for experience in pharmaceutical or consumer products industries.
• A university degree in Finance or Business.
• Proficiency in Excel and familiarity with financial systems (experience with ERP is a plus).
• Resourcefulness and ability to work independently in a dynamic and changing environment.
• A proactive and ambitious mindset, taking ownership of both short-term and long-term goals while thriving under pressure.
• At least 3 years of finance experience, preferably in manufacturing or manufacturing engineering.

Job Type: Full-time

Salary: Starting from $70,000.00 per year

Benefits

We offer a comprehensive benefits package, including:

• On-site parking
• Life insurance
• Employee assistance program
• Disability insurance
• Vision care
• Company pension
• Extended health care
• Dental care