What are the responsibilities and job description for the Finance & Operations Analyst position at ifm?
Brief Description
The successful candidate will leverage analytical expertise in finance, operations analysis, demand forecasting, and inventory management to optimize product availability, improve forecast accuracy, and enhance operational efficiency. Reporting directly to the Demand Planning Manager, this role requires strong analytical and statistical skills, effective communication abilities, and proactive collaboration across multiple departments. The ideal candidate will be self-motivated, adept at multitasking, and capable of thriving in a fast-paced environment.
Job Responsibilities
Requirements
Learn more about ifm
Company Description
ifm efector, inc., headquartered in Malvern, PA, has earned the distinguished Top Employers certification for 2020 and 2021 in North America for our outstanding people practices. ifm efector is the US subsidiary of ifm electronic gmbh, a global company with over 8,700 employees in 165 countries serving 155,000 customers worldwide. Our core business is the development and production of sensors and controls for industrial automation and process applications.
"Exceptional success can only be achieved when the employees believe in the company and when they know that they are treated in a fair and honest way." -ifm philosophy
ifm is a privately-owned company whose success can be attributed to three guiding principles: Employees First, Customer Loyalty, and Safe Growth. With a supportive and collaborative culture, ifm welcomes new ideas and fosters honest communication and trust. Distinguished by their individual capabilities and contributions, every employee plays a role in the success of our business, so that we may provide innovative solutions to meet and exceed our customer’s business needs. ifm is dedicated to ensuring employees are engaged, enabled, and empowered to realize their full potential in a positive, diverse, and inclusive work environment filled with meaning and a shared sense of purpose.
“We have amazing products, but best of all we have amazing people. This is a core value of our success.” - Roger Varma, CEO, ifm efector
The successful candidate will leverage analytical expertise in finance, operations analysis, demand forecasting, and inventory management to optimize product availability, improve forecast accuracy, and enhance operational efficiency. Reporting directly to the Demand Planning Manager, this role requires strong analytical and statistical skills, effective communication abilities, and proactive collaboration across multiple departments. The ideal candidate will be self-motivated, adept at multitasking, and capable of thriving in a fast-paced environment.
Job Responsibilities
- Leverage data analytics to deliver actionable insights and facilitate strategic decision-making.
- Drive digital transformation initiatives and enhance autonomous processes within supply chain operations.
- Continuously refine forecasting processes to maintain optimal inventory, control costs, and enhance customer satisfaction.
- Identify, quantify, and implement opportunities for operational improvements across the supply chain and across the broader organization
- Collaborate proactively with planning teams to address forecast deviations and supply constraints, ensuring product availability aligns with demand.
- Lead initiatives aimed at increasing forecast accuracy, reducing forecast errors, and minimizing excess and obsolete inventory.
- Design and maintain performance reports, dashboards, and scorecards to monitor operational performance.
- Support continuous improvement in the Sales & Operations Planning (S&OP) process through active participation and effective change management.
- Lead and support special projects that extend beyond core planning responsibilities, supporting cross-functional initiatives that drive operational excellence.
Requirements
- Bachelor’s degree in Business, Supply Chain, Finance, or a related analytical field.
- Minimum of five (5) years of experience in finance or operations analysis, preferably involving demand planning or forecasting.
- Strong mathematical, statistical, and analytical problem-solving skills.
- Self-motivated with the ability to multitask and prioritize effectively in a fast-paced environment.
- Excellent written and verbal communication skills.
- Candidates must already have a work authorization that would permit them to work for ifm in the US.
- Experience with Enterprise Resource Planning (ERP) systems (SAP preferred).
- Familiarity with Customer Relationship Management (CRM) systems (Salesforce preferred).
- Top-tier medical plan with no deductible, plus voluntary dental and vision plans
- Company-paid LTD, STD, and other insurances
- 401K program with 100% company match of up to 6% of pay after six months
- Eleven paid holidays per calendar year
- 15 paid vacation days and 5 days paid sick time
Learn more about ifm
Company Description
ifm efector, inc., headquartered in Malvern, PA, has earned the distinguished Top Employers certification for 2020 and 2021 in North America for our outstanding people practices. ifm efector is the US subsidiary of ifm electronic gmbh, a global company with over 8,700 employees in 165 countries serving 155,000 customers worldwide. Our core business is the development and production of sensors and controls for industrial automation and process applications.
"Exceptional success can only be achieved when the employees believe in the company and when they know that they are treated in a fair and honest way." -ifm philosophy
ifm is a privately-owned company whose success can be attributed to three guiding principles: Employees First, Customer Loyalty, and Safe Growth. With a supportive and collaborative culture, ifm welcomes new ideas and fosters honest communication and trust. Distinguished by their individual capabilities and contributions, every employee plays a role in the success of our business, so that we may provide innovative solutions to meet and exceed our customer’s business needs. ifm is dedicated to ensuring employees are engaged, enabled, and empowered to realize their full potential in a positive, diverse, and inclusive work environment filled with meaning and a shared sense of purpose.
“We have amazing products, but best of all we have amazing people. This is a core value of our success.” - Roger Varma, CEO, ifm efector