What are the responsibilities and job description for the Senior FP&A Analyst position at Insight Global?
Insight Global is hiring a Senior FP&A Analyst for a large electrical innovation client in Hampton, Virginia. This role will be a three-month contract as a key contributor to plant strategy by providing financial support, risk analysis, and partnership with Operations and Product Management to drive improvements across material spend, labor, and overhead. The position supports plant controllers with budgeting, monthly forecasting, month-end close activities, journal entries, and reporting, including uploading committed forecasts and risks and opportunities in SAC.
Desired Experience & Skills
- Minimum 5 years of finance experience in a manufacturing environment.
- University Degree in Finance, Accounting, or Economics.
- Experience in general accounting principles and process; strong understanding of financial analysis, modeling, forecasting, reporting, and manufacturing costing.
- Knowledge of standard costing, variance analysis, cost accounting, cost analysis, and reporting matters.
- Understanding of financial drivers and their impact within a manufacturing environment.
- Proficiency in SAP, Excel, and data manipulation.
Key Responsibilities
- Serve as a key contributor to the plant strategy by providing financial support and risk analysis.
- Partner with Operations and Product Management to drive financial performance improvements across all operational areas, including material spend, labor, and overhead.
- Support plant controllers in budgeting, monthly forecasting, and month-end reporting.
- Upload Committed Forecast and Risk and Opportunities in SAC (Severity Assessment Code).
- Analyze standard costs and actual production costs, resolve cost issues, and review product cost trends over time
- Perform analysis and monitor inventory discrepancies reported in cycle counts, and material usage variances
- Support the plant in reviewing capital investments, savings projects, monthly financial performance, and other financial initiatives
- Prepare journal entries and participate in month-end activities
- Review and approve savings projects, monitor achievement, and conduct floor audits to identify opportunities for footprint optimization and asset control
- Participate in annual inventory of raw material and assist in training rotational employees and practitioners.
- Lead ad-hoc projects and provide analysis for Operations and Product Management teams.
Salary : $43 - $55