Finance Business Partner-Operations

Need local candidates.

Job Title: Finance Business Partner - Operations

Location: Niwot CO

Fulltime perm Job

Hybrid role-This is position is “in-office” approximately 3 times a week

The Role

The Finance Business Partner - Operations role will focus on providing critical financial analysis and support to the operations department consisting of manufacturing, supply chain, quality, logistics and after-sales services. You will be instrumental in driving efficiency and profitability through in-depth analysis of supply chain forecasts, sales projections, product costing, and various financial reserves. You will also play a key role in supporting Lean processes and analyzing financial performance related to service and installation operations. This role will report directly to the Director of FP&A but will maintain a close relationship with the Operations Leadership and their direct reports.

Specific Job Responsibilities

• Supply Chain Forecast Analysis:
• Analyze and interpret supply chain forecasts to identify trends, risks, and opportunities.
• Collaborate with supply chain and procurement teams to refine forecasts and ensure alignment with financial goals.
• Monthly Sales Forecast Analysis:
• Review and analyze monthly sales forecasts, identifying variances and providing actionable insights.
• Work closely with sales and marketing teams to adjust forecasts based on market conditions and business strategy.
• Align sales forecasts to production schedules, identifying risks and opportunities.
• Product Costing Review:
• Conduct detailed analysis of product costing, including material, labor, and overhead costs.
• Ensure accurate cost allocation and identify opportunities for cost reduction and margin improvement.
• Warranty Analysis and Reserve Preparation:
• Analyze warranty claims and prepare related reserves.
• Monitor and assess warranty trends, making recommendations for reserve adjustments as needed.
• Inventory Reserve Analysis:
• Analyze inventory reserves and assess the adequacy of reserve levels.
• Provide recommendations for reserve adjustments to reflect current market conditions and inventory turnover.
• Deferred Revenue Review:
• Review and analyze deferred revenue accounts, ensuring proper recognition and alignment with revenue policies.
• Collaborate with the accounting team to resolve any discrepancies.
• Support Lean Processes:
• Support and contribute to Lean initiatives aimed at improving operational efficiency and reducing waste.
• Provide financial insights to support process improvements and cost-saving projects.
• Service and Installation Business P&L Analysis:
• Report and analyze Profit and Loss statements for the service and installation segments.
• Provide insights into financial performance, highlighting areas for improvement and opportunities for growth.

Leadership and Personal Competencies

• Demonstrates strong analytical and problem-solving skills with the ability to resolve complex issues into actionable solutions.
• Encourages a highly collaborative team environment and actively engages with all major internal and external stakeholders.
• Must have good planning and organizational skills and be able to communicate precisely and concisely with all levels of the organization. Must have prior experience communicating with and supporting executive and senior level management.
• Possesses a true business mindset understanding the key drivers behind top and bottom-line growth as well as all aspects of business risk.
• Strategic focus with the ability to deep dive into the details to support the strategic analysis.
• Cultural sensitivity and ability to periodically travel internationally.
• Someone who can still learn, and develop, and not only be open to, but embrace change.
• A character of unimpeachable integrity who endorses, promotes and models the Company’s core values of: Be True, Own It and Aim High.

Qualifications

• Education: Bachelor’s degree ne in Finance, Accounting, Business Administration, or a related field. CPA, CMA, or similar certification is a plus.
• Experience: Minimum of 5 years of experience in a financial analysis role, preferably within a manufacturing environment. Accounting experience is a plus.
• Skills:
• Strong analytical and problem-solving skills with the ability to interpret complex financial data.
• Proficiency in financial modeling, forecasting, and variance analysis.
• Experience with ERP systems and advanced Excel skills.
• Understanding of Lean principles and experience supporting Lean initiatives is preferred.