Senior Financial Analyst

Senior Financial Analyst

💰 $85,000 – $100,000 (Depending on Experience)

Summary of Responsibilities

The Senior Financial Analyst will play a key role in supporting strategic decision-making by providing timely, accurate, and insightful financial analysis. This position will focus on cost accounting, budgeting, and performance analysis within a manufacturing environment.

Key Responsibilities:

• Support management in decision-making by analyzing purchasing activity outcomes.
• Collect, study, and evaluate data to determine the costs of business activities, including raw materials, inventory, and labor.
• Compare actual costs to estimates; analyze variances and record results.
• Prepare periodic reports comparing budgeted costs to actual production results.
• Assess the impact of changes in product design, raw materials, and manufacturing methods on overall costs.
• Maintain and enhance the Cost Accounting System.
• Record and analyze cost information to aid in controlling expenditures.
• Conduct audits of cost processes and prepare related reports.
• Develop estimates for new and proposed product costs.
• Provide management with reports that highlight factors affecting pricing and profitability.
• Support month-end close activities, including inventory reconciliations and general ledger entries.
• Conduct physical inventories and oversee the cycle count program.
• Ensure accurate and timely processing of hourly payroll transactions.
• Deliver timely and accurate financial information to support business needs.
• Manage workflow to ensure all financial and payroll processes meet accuracy and timing standards.
• Contribute to continuous improvement initiatives within the finance team.

Minimum Qualifications

• Bachelor’s degree in Accounting or Finance.
• Experience in a manufacturing environment.
• Strong background in cost accounting systems with excellent analytical and problem-solving skills.
• Solid understanding of accounting principles (GAAP).
• Proven ability to prepare detailed and accurate daily, weekly, monthly, quarterly, and annual reports.
• Experience in developing and analyzing cost standards.

Preferred Qualifications

• Finance or Accounting experience in an automotive manufacturing environment.