Financial Analyst

About the Role

This position provides financial and analytical support to the Operations Finance team, assisting with monthly and quarterly close processes, reporting, budgeting, forecasting, and cost analysis in a manufacturing environment.

Responsibilities

• Assist in the monthly and quarterly close process for operational review and accuracy.
• Prepare monthly and quarterly site reporting, including key operational business summaries, and compare performance with operating plans and standards.
• Provide reports with detailed explanations of variances to budgets, forecasts, and prior year.
• Track, review, and communicate department spending to management in a timely manner.
• Support manufacturing with spending and absorption analysis, and efficiency tracking.
• Prepare and assist with forecasts and budgets, including forecasting a full balance sheet, departmental expenses, and supplemental information.
• Assist with data input, tracking, or reporting for weekly scorecards, working capital updates, cost trackers, and labor allocations.
• Review sales and margin analysis on machines, parts, and service transactions, reporting on variances.
• Review and report operational metrics, including efficiency, BTS (Build-to-Schedule), OTD (On-Time Delivery), and inventory turns.
• Participate in S&OP (Sales and Operations Planning) for inputs, analysis, reviews, and machine scheduling meetings.
• Complete quarterly E&O (Excess and Obsolete) analysis and work with the Operations Finance Manager and Materials Manager to maintain proper inventory levels.
• Collaborate with Shared Services and other sites on data and follow up on irregularities, acting as a business partner to facilitate processes.
• Coordinate with management on SOX issues and reviews to ensure compliance; perform monthly, quarterly, and semi-annual SOX testing and update the SOX tracker.
• Assist with ICRM reporting to maintain required reporting status.
• Coordinate annual standard cost updates, analyze costs prior to budget and after standard cost updates.
• Complete monthly PPV (Purchase Price Variance) analysis and reconciliation to the general ledger, explaining variances to budget/forecast.
• Support new product development by providing costing analysis.
• Review and coordinate cycle count and min/max review data with the Inventory Analyst and Materials Manager.
• Verify and perform job closing for machines, parts, and stock; conduct job cost reviews for the Clear-to-Build process and month-end analysis of job cost variances.
• Provide analytical support to the Operations Finance Manager and Finance Director on various projects or ad hoc reporting as needed.
• Provide administrative support for front office operations as needed.

Requirements

• Bachelor’s degree in Accounting or Finance required.
• Minimum of 3-5 years of experience as a financial analyst or accountant, preferably within a manufacturing environment.
• Strong analytical, problem-solving, and financial modeling skills.
• Advanced proficiency in Microsoft Excel and working knowledge of PowerPoint and Word.
• Experience with ERP systems and financial reporting tools preferred.

Skills

• Comfort and familiarity working with top management.
• Keen sense of urgency, task and achievement-oriented, with the ability to meet deadlines.
• Strong time management skills and ability to plan ahead.
• Attention to detail; must be accurate with sound report writing and commentary skills.
• Excellent communication skills.
• Must be able to work on-site on a full-time basis.
• Willing to travel occasionally.

About Terex

Terex Corporation is a global leader in specialized equipment solutions, serving essential sectors such as emergency services, waste and recycling, utilities, and construction. Our diversified portfolio positions us in resilient, high-demand markets with strong long-term growth potential. We design and manufacture advanced specialty vehicles—including fire, ambulance, and recreational vehicles—alongside waste collection vehicles, materials processing machinery, mobile elevating work platforms, and equipment for the electric utility industry. Through our global dealer, parts, and service network and true value-creating digital solutions, we deliver best-in-class lifecycle support, helping customers maximize return on investment. With a strong manufacturing footprint in the United States and operations across Europe, India, and Asia Pacific, Terex combines global reach with local expertise to capture opportunities worldwide.

Benefits

• Competitive salaries.
• Paid vacation.
• 401(k) retirement plan.
• Medical, dental, and vision benefits.
• Advancement opportunities.