What are the responsibilities and job description for the Senior Financial Analyst position at Cleveland-Cliffs?
Cannon Automotive Solutions, a division Cleveland-Cliffs Tooling and Stamping, has an immediate opportunity for a Financial Analyst in our Cleveland, Tennessee Hot Stamping Facility. The Financial Analyst is responsible for supporting the Plant Controller. The ideal candidate will have prior experience working in a manufacturing facility, be self-motivated, and thrive in a fast-paced work environment. We offer an excellent compensation and benefits package with career advancement opportunities.
Summary Of Responsibilities
- Assist in the decision-making process by assessing purchasing activity outcomes.
- Plan, study and collect data to determine costs of business activity such as raw material purchases, inventory, and labor
- Compare actual cost to estimates and analyzing data collected and recording results
- Analyze actual manufacturing costs and prepare periodic reports comparing budget costs to actual production costs
- Analyze changes in product design, raw materials, manufacturing methods or services provided, to determine effects on cost
- Record cost information for use in controlling expenditures
- Analyze audits of costs and prepare reports
- Make estimates of new and proposed product costs
- Provide management with reports specifying and comparing factors affecting prices and profitability of products or services
- Maintain Cost Accounting System
- Conduct physical inventories and monitor cycle count program
- Reconcile inventories
- Assist in Month end close of the General Ledger
- Ensure accurate processing and recording of company's hourly payroll
- Provide timely and accurate financial information
- Manage workflow to ensure all payroll transactions are processed accurately and timely
- Contributes to team effort by accomplishing related results as needed
Minimum Qualifications
- Finance/Accounting experience in a Manufacturing Environment
- Bachelor's Degree in Accounting
- Must have a strong Cost systems background and have excellent analytical skills; sound understanding of accounting principals
- Experience working on development and analysis of cost standards
- Ability to accurately prepare daily, weekly, monthly, quarterly and annual reports
Preferred Qualifications
- Finance/Accounting experience in an Automotive Manufacturing Environment
Cleveland-Cliffs Inc. is the largest flat-rolled steel company and the largest iron ore pellet producer in North America. The Company is vertically integrated from mined raw materials, direct reduced iron, and ferrous scrap to primary steelmaking and downstream finishing, stamping, tooling, and tubing. We offer an excellent total compensation package including top pay with variable compensation opportunity, health insurance, retirement plan, education assistance, paid time off and more.
Cleveland-Cliffs Inc. is committed to working with and providing reasonable accommodation to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please send an e-mail to or call and let us know the nature of your request and your contact information. Do not email your application materials to this email address. Application materials sent to this email address will not be considered.Cleveland-Cliffs Inc. is an equal opportunity employer - M/F/Veteran/Disability. We are a drug-free workplace and conduct pre-employment screening as a condition of employment.