Manufacturing Finance Analyst (Days 8am to 5pm) Onsite

LSI SOLUTIONS® founded in 1986, located in beautiful Victor, New York, is a dynamic and growing medical device company with over 500 employees dedicated to advancing minimally invasive surgical instruments through research, development, manufacturing, and marketing. We have doubled in size in just the last 4 years! The LSI Campus includes 10 buildings (170,000 sq ft) on 95 meticulously cared for acres. 

We are searching for passionate people looking to make a difference in the medical device industry. By joining LSI SOLUTIONS® an ISO 13485 certified company, you will become part of as energetic team working together to relentlessly pursue better patient outcomes with state-of-the-art devices. After all, our customer is ultimately the patient.

POSITION TITLE: Manufacturing Finance Analyst 

LOCATION: Onsite at LSI Solutions in Victor, NY 

SALARY RANGE: $100,000 to $114,000 

SHIFT HOURS: Days 8am to 5pm - Onsite

JOB SUMMARY: The Manufacturing Finance Analyst will assist the Manufacturing Finance Controller in carrying out the day-to-day tasks to support the financial reporting and analysis of fixed assets, inventory costing, gross margin performance by product line, and volume / price / mix assessments.

ESSENTIAL FUNCTIONS:

Manufacturing Finance Analyst

• Preparation of monthly journal entries, and account reconciliations for inventory, fixed assets and related accounts.


• Oversee the maintenance of the fixed asset system, including asset tagging all fixed assets purchased by the corporation.


• Perform flux analysis and variance reporting, investigating differences between standard costs and actual costs to identify inefficiencies and opportunities for cost reduction.


• Provide on-time and accurate reporting related to inventory movements, inventory costs and variances, margin and fixed assets to Manufacturing Finance Controller and other stakeholders.


• Maintain and update current Crystal Reports used by the Manufacturing Finance Controlling department. Write new reports as needed.


• Coordinate the annual standard cost revaluation process, including setting up meetings with key departments to ensure accurate and timely reporting.


• Develop and maintain the variance amortization model that capitalizes and amortized inventory variances based on inventory turnover by product line / sku.


• Identify opportunities and plan for improvement to system integrity. Assist in business process improvement as identified.


• Assist in developing, communicating, monitoring and reporting on departmental key performance indicators (KPI).


• Develop and automate standard reporting tools and dashboards for detailed sales and gross margin analysis.


• Facilitate financial statement reviews/audits for fixed assets and Inventory.


• Enhance and maintain internal controls surrounding physical inventory, including physical verification to accounting records via cycle count programs and periodic count verifications.


• Maintain product line cost profile models for Engineering Group.


• Work with end users, create new models/metrics to drive better business decisions.

ADDITIONAL RESPONSIBILITIES:

• All other duties as assigned.


• Abide by all company policies and procedures per the LSI Solutions® Employee Manual.

EDUCATION & EXPERIENCE: 

• Bachelor’s degree in accounting or finance required.


• A Minimum of 5 years’ relevant experience in manufacturing finance, cost accounting, or related analytical roles. 

KNOWLEDGE, SKILLS & ABILITIES:

• Capable of correctly analyzing large amounts of data.


• Proficient with MS Office suite.


• Analytical problem solving / troubleshooting skills.


• Project Management capability.

PHYSICAL DEMANDS AND WORK ENVIRONMENT:  

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. 

• Sitting, standing, and/or walking for up to eight hours per day.


• Routine use of standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines.


• Regularly required to talk and/or hear, see, handle, reach, and perform repetitive motion.


• Occasionally required to see color.

GENEROUS LSI BENEFITS INCLUDE:

• Bonus Plan, 401(k) plan with company match, Tuition Assistance, Employee Assistance Program (EAP) and Product Discounts


• 15 Paid Holidays, PTO, Sick Time


• Medical, Vision and Dental effective first day of employment


• Employee Referral Bonuses

 LSI SOLUTIONS® is an equal opportunity employer and does not discriminate based on any legally protected status or characteristic.

Minority/Female/Sexual Orientation/Gender Identity/Disability/Veteran.