What are the responsibilities and job description for the Operations Financial Analyst position at Filtration Group Corp?
Overview
Porex is on a mission to make the world safer, healthier and more productive. Porex is a global leader in developing custom-engineered porous polymer solutions that turn into high-value functional components in our customers’ end products. We combine our expertise in filtration, venting, wicking, absorption, and diffusion with our customers’ unique innovations to help turn their next-generation product ideas into reality. Engineers at over 1,500 global manufacturers trust Porex for unique components across a wide variety of device applications in the life sciences, consumer, and electronics markets to give their products a competitive edge.Porex is a business of Filtration Group, a $2B global market-leading provider of filtration consumables that drives innovation and delivers solutions across a broad spectrum of applications and end-markets, with a focus on life sciences, indoor air quality and industrial technologies. For more information, visit www.porex.com .We are seeking an Operations Financial Analyst who will be responsible for analyzing financial data related to manufacturing operations, including variances, developing financial reports, and accounting activities and support to the manufacturing team. In addition, this role will aid in setting standard costs and reviewing inventory transactions. The role involves monitoring financial performance against budgets and forecasts, identifying areas for improvement, and supporting decision-making processes.
Responsibilities
- Analyze and present financial results to site leadership, with a focus on key performance indicators (KPIs). Prepare cost reports and variance reports.
- Monitor financial performance against budgets, forecasts, investigating and reporting on any variances.
- Support and analyze financial and operational data for the manufacturing team to enable informed decision-making.
- Maintain and update cost accounting systems, records, and reports.
- Conduct standard cost analysis and recommend cost-saving initiatives, including collaboration with operations, procurement, and finance teams to ensure accurate cost allocation.
- Support/complete month-end and year-end close processes.
- Cross Functional Collaboration
Qualifications
- Bachelor’s degree in Finance, Accounting, or a related field.
- 3 years of experience as a cost accountant, cost or financial analyst within a manufacturing environment.
- Strong understanding of Generally Accepted Accounting Principles (GAAP) and financial reporting requirements.
- Advanced Excel skills (pivot tables, VLOOKUP, financial modeling).