Financial Analyst

SP Industries, Inc., an ATS company, is searching for a Financial Anaylst to join the team!

 

The Financial Analyst is responsibile for performing general, cost and financial accounting functions for the Scientific Product division.  This includes developing and executing processes to ensure timely and accurate financial closings, internal management reporting, and supporting analysis. The position also supports operational analysis through devleopment and review of cost accounting data including standard costing, work-in-process review and analysis and manufacturing variance analysis.  This position also supports development of budgets and forecasts for the division and will partner with multiple cross functional team members both at corporate and the respective business unit to develop and achieve operational objectives. 

 

RESPONSIBILITIES

General and Cost Accounting
•    Performs financial, general and cost accounting functions for the division in accordance with GAAP and Corporate policies. 
•    Executes monthly financial closing program including journal entry preparation, bank/account reconciliations, and variance analysis within prescribed timelines.
•    Assists in maintaining the division’s system of accounts and ensures adequate support and documentation for all company transactions. 
•    Analyzes and reports on manufacturing variances and identifies corrective action opportunities. 
•    Ensures proper inventory valuation and maintains controls over all physical inventory including cycle counting, cost analysis and physical inventory counts.
•    Conducts standard cost development roll forward including materials, labor and overhead rates and utilizes internal and external data to establish accurate costing.
•    Serves as a subject matter expert on all financial and cost modules and interfaces for the Division’s ERP system.
•    Performs all Fixed Asset accounting and supports monitoring of Capital Expenditures.
•    Assists in providing required support for all tax matters related to the division.
•    Provides support to peers and colleagues to help achieve departmental goals.

 

Financial Reporting and Analysis

•    Supports the Controller in preparing the division’s monthly financial statements and reporting
•    Develops, analyzes, and reconciles statistical and accounting information for monthly and quarterly financial and balance sheet reviews. 
•    Assesses operating results in terms of profitability and performance against plan/prior year to ensure accuracy and identify opportunities.
•    Participates in annual strategic planning and budgeting, periodic forecasting, and management reporting processes. 
•    Serves as a point of contact for internal and external financial audits related to operations.
•    Maintains effective internal controls to ensure compliance with Generally Accepted Accounting Principles (GAAP) and Corporate requirements.
•    Conducts monitoring of all sales and margin related changes and provides analysis of performance versus expectations and market trends.

 

QUALIFICATIONS

Strong technical and analytical skill with solid financial, general and cost accounting background in a manufacturing and distribution environment. Experience with standard cost systems and integrated financial software.  Ability to draw upon experience/professional skepticism to quickly identify issues and develop effective courses of action. Ability to work independently and as part of a team.

COMMUNICATION

•    Composes documents that clearly present information or a plan 
•    Participate in cross-functional teams working collaboratively with engineering, manufacturing, packaging, materials management, and/or planning.
•    Willingness to work across all levels of an organization.
•    Ability to work across cultures. 
•    Able to manage conflict. 

 

 

EDUCATION and/or EXPERIENCE
•    B.S. or BA in Accounting or related discipline with equivalent work experience
•    5+ years finance, accounting or related work experience required.
•    Experience in a manufacturing/cost accounting environment required.
•    Previous experience with accounting software/systems required

 

MATHEMATICAL SKILLS
•    Advanced financial analysis and quantitative skills
•    Excellent accounting analysis and research skills
•    Proficiency in Microsoft Office tools including Word and Powerpoint.  Exception Excel skills required.

 

CERTIFICATES, LICENSES, REGISTRATIONS
•    CPA, CMA or similar professional accounting designations preferred but not