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ABRASIVE-FORM
Bloomingdale, IL | Full Time
$77k-94k (estimate)
2 Months Ago
Financial Analyst
ABRASIVE-FORM Bloomingdale, IL
$77k-94k (estimate)
Full Time | Wholesale 2 Months Ago
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ABRASIVE-FORM is Hiring a Financial Analyst Near Bloomingdale, IL

Summary:

Abrasive Form is a world leader in high precision Aerospace and Industrial Gas Turbine (IGT) machining. We manufacture turbine blades and vanes for many of the largest gas turbine manufacturers and military around the world. We use high precision CNC milling, electrical discharge machining (EDM), and 3 and 5-axis creep feed and CBN grinding.

Requirements

The requirements listed below are representative of the knowledge, skills and/or ability required.

Essential Duties and Responsibilities

Reporting to the controller, the Financial Analyst will play an integral role in supporting financial planning, analysis and special financial studies for Abrasive Form as well as performing general accounting functions.

· Assist in preparation of weekly, monthly, and quarterly financial analysis schedules of actual versus budget variances.

· Assist in annual budget preparation and periodic forecasting.

· Generate, analyze and publish various sales and other operational reports for the business such as gross margin analysis by part number and profitability by customer.

· Analyze and advise low margin part numbers for timely action.

· Provide financial analysis support for department managers.

· Develop ad hoc reports, special studies and financial analysis which drive the behavior of the business.

· Design and administration of key performance Indicators [KPI].

· Demonstrated understanding of GAAP accounting.

· Involve and play key roles in month end closing and various accruals and balance sheet account reconciliations as required.

· Experience in a job costing or activity-based costing environment.

· Analyze Material, Labor and Overhead movements leading up to month-end and explain variances.

· Ability to work in an environment that is rapidly changing, where processes and procedures are in development.

· Advanced knowledge of MS Excel is required.

· Become a subject matter expert in EPICOR for finance & accounting.

· Willingness to learn the operational side of Abrasive Form organization.

· Awareness and reliability of timelines for the timely and accurate reporting of financial performance.

· Strong analytical ability with a high degree of accuracy.

· Perform other duties as assigned.

Other preferred qualities

· Demonstrated bias for action.

· Intellectual curiosity with a willingness to learn and develop new skills and processes.

· Open and communicative nature.

· Highest degree of integrity and character who takes ownership of responsibilities.

· Team player

Qualifications and Education Required

· Bachelor’s degree in accounting or finance.

· Work experience in EPICOR [KINETIC]ERP system is preferred.

· Open to learn and accept the challenges for advancement.

· Demonstrate the skill to handle the business need and prioritize to handle to avoid the pressures.

· 2 - 5 years of experience in financial planning and analysis or general accounting experience.

· Proficient in the use of Microsoft Office Suite to include Excel, Word, and Outlook and web interfaces.

  • An equivalent combination of education and work-related experience may be acceptable.

Preferred Qualifications

· Financial analysis in a high-volume manufacturing industry preferred.

· Experience with the implementation or transition of an ERP system preferred.

Physical Demands

Frequent sitting at a computer in an office setting. Physical strength to lift and carry 25 pounds on occasion. Must be comfortable to be in the plant and in the office. In accordance with applicable law, associates will be provided with reasonable accommodations as necessary and appropriate to perform the position’s requirements.

Working Environment

Usual office and manufacturing environment with temperature fluctuations, noise from and interactions with equipment, and safety standards of PPE and practices required.

The job description listed should not be construed to contain every function/responsibility that may be required to be performed by an associate in this job. Associates are required to perform other related functions as assigned.

We are an equal opportunity employer. Applicants are considered for all positions without regard to race, color, religious creed, sex, national origin, citizenship status, age, physical or mental disability, sexual orientation, gender identity, marital, parental, veteran or military status, unfavorable military discharge, or any other status protected by applicable federal, state or local law.

Job Type: Full-time

Pay: $80,000.00 - $95,000.00 per year

Benefits:

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Flexible schedule
  • Health insurance
  • Health savings account
  • Paid time off
  • Referral program
  • Vision insurance

Physical setting:

  • Office

Schedule:

  • 8 hour shift
  • Monday to Friday

Supplemental pay types:

  • Signing bonus

Work Location: One location

Job Summary

JOB TYPE

Full Time

INDUSTRY

Wholesale

SALARY

$77k-94k (estimate)

POST DATE

02/05/2023

EXPIRATION DATE

03/06/2023

WEBSITE

abrasive-form.com

HEADQUARTERS

ELGIN, IL

SIZE

200 - 500

FOUNDED

1976

TYPE

Private

CEO

JOHN HARIG

REVENUE

$50M - $200M

INDUSTRY

Wholesale

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About Abrasive-Form, Inc.

Abrasive-Formmanufactures precision creep-feed grinding machines to the industrial gas turbine, aerospace, automotive and general industrial sectors.

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