Finance Business Partner - Operations

About the role

We are seeking a proactive and detail-oriented Finance Business Partner to join our growing team at Particle Measuring Systems. The Finance Business Partner - Operations role will focus on providing critical financial analysis and support to the operations department consisting of manufacturing, supply chain, quality, logistics and after-sales services.

Responsibilities

• Supply Chain Forecast Analysis: Analyze and interpret supply chain forecasts to identify trends, risks, and opportunities. Collaborate with supply chain and procurement teams to refine forecasts and ensure alignment with financial goals.
• Monthly Sales Forecast Analysis: Review and analyze monthly sales forecasts, identifying variances and providing actionable insights. Work closely with sales and marketing teams to adjust forecasts based on market conditions and business strategy. Align sales forecasts to production schedules, identifying risks and opportunities.
• Product Costing Review: Conduct detailed analysis of product costing, including material, labor, and overhead costs. Ensure accurate cost allocation and identify opportunities for cost reduction and margin improvement.
• Warranty Analysis and Reserve Preparation: Analyze warranty claims and prepare related reserves. Monitor and assess warranty trends, making recommendations for reserve adjustments as needed.
• Inventory Reserve Analysis: Analyze inventory reserves and assess the adequacy of reserve levels. Provide recommendations for reserve adjustments to reflect current market conditions and inventory turnover.
• Deferred Revenue Review: Review and analyze deferred revenue accounts, ensuring proper recognition and alignment with revenue policies. Collaborate with the accounting team to resolve any discrepancies.
• Support Lean Processes: Support and contribute to Lean initiatives aimed at improving operational efficiency and reducing waste. Provide financial insights to support process improvements and cost-saving projects.
• Service and Installation Business P&L Analysis: Report and analyze Profit and Loss statements for the service and installation segments. Provide insights into financial performance, highlighting areas for improvement and opportunities for growth.

Qualifications

• Education: Bachelor’s degree in Finance, Accounting, Business Administration, or a related field. CPA, CMA, or similar certification is a plus.
• Experience: Minimum of 5 years of experience in a financial analysis role, preferably within a manufacturing environment. Accounting experience is a plus.
• Skills: Strong analytical and problem-solving skills with the ability to interpret complex financial data. Proficiency in financial modeling, forecasting, and variance analysis. Experience with ERP systems and advanced Excel skills. Understanding of Lean principles and experience supporting Lean initiatives is preferred.