What are the responsibilities and job description for the Financial Analyst position at Arrowhead Talent Solutions?
Position Purpose
Proactive maintenance of accounting functions at plant locations including day-to-day functions associated with inventory management and costing. Work closely with plant manager for increased financial visibility at the plant level
Essential Functions
- Provide financial support for capital development projects from approval to installation
- Responsible for accurate recording of manufacturing and overhead costs
- Analyzes variances, monthly operating results, and key operating measures ensuring results are accurately reported
- Produces daily, weekly, monthly reports of manufacturing results and performance
- Assists local management in identifying and implementing cost reduction opportunities
- Assists division accounting personnel in the monthly closing process. Records reoccurring expenses, such as depreciation, taxes, insurance for the location
- Assist in both internal/external audits
- Ensures adequate internal controls exist and are utilized at the plant level. Identifies areas of weakness and assists local management in implementing corrective action
- Assists local management in developing monthly forecasts and annual plan
- Participate as a member of plant managers staff by involvement in regular staff meetings and month management review meetings
- Perform monthly reconciliation of balance sheet accounts
- Maintain Fixed Asset System for the location
- Analyzes inventory variances/transactions, plus inventory control cycle count program
- All other duties assigned
Education and Training
- BS/BA Degree in Accounting required
- CMA/CPA certificate a plus
- MBA Degree a plus
Minimum Qualifications
- Manufacturing cost experience (2-3 years) preferred
- Cost analysis in a manufacturing/machining environment strongly preferred. Experience in standard cost systems strongly preferred
- Strong analytical skills with ability to analyze and interpret data required
- Familiarly with General Accounting required (A/P, Payroll, General Ledger)
- Solid PC and mainframe software skills (MS Office, MRP, Ledger, Query) required
- QAD experience a plus
- 2-3 years’ experience in standard cost rate development a plus
- 2-3 years’ experience in cost quote development a plus