Financial Analyst II

Position Overview

As part of the talented Finance team, you will be responsible for leading the accounting and analysis of tooling projects, capitalizing tooling assets, auditing tooling absorption, and ensuring that tooling costs are properly reflected in standard costs, and financial results.

Essential Functions

• Lead the accounting and financial analysis of tooling projects, partnering with procurement program managers to ensure appropriate authorization of projects and capitalization vs expense determination in accordance with accounting policy
• Capitalize assets in Oracle projects and analyze tooling depreciation and amortization absorption
• Calculate and monitor tooling costs to be added to purchase component standard costs
• Prepare monthly inventory close processes, including journal entries and reconciliation analysis in accordance with GAAP and variance analysis
• Perform monthly book to perpetual inventory analysis of various Mercury plants
• Monitor inventory transactions and investigate any discrepancies, ensuring accuracy via collaboration with business partners in Operations and Sales
• Audit and reconcile plant inventory
• Coordinate and reconcile the Annual Physical Inventory count process
• Identify and implement process improvements and automation to strengthen the inventory accounting process and controls and reduce risk
• Prepare inventory reporting and analytics for management, auditors, and cross-functional business partners
• Provide ad hoc and special project analysis as needed

Required Qualifications

• Knowledge of accounting concepts, techniques, and principles, specifically related to inventory accounting and costing methods
• Self-starting and motivated with energy and drive
• Good organizational, interpersonal and communication skills with demonstrated ability to interact cross-functionally
• Pioneering analytical and problem-solving skills
• Ability to manage multiple priorities with appropriate attention to details
• Contribute to develop, review, and improve financial processes in compliance with company policy
• Bachelor’s Degree in Accounting or Finance required
• Minimum 2-5 years of experience in a Cost accounting or manufacturing finance background
• Strong background in data analysis and automation tools (Azure, Power BI, Power Automate, or similar)

Preferred Qualifications

• Oracle and Smartview experience preferred