Financial Analyst – Manufacturing Cost

Duties And Responsibilities

• Cost Accounting & Analysis
• Prepare, analyze, and maintain standard costs for material, labor, and overhead.
• Monitor and explain manufacturing variances including PPV, Labor, Overhead, and Work Order Variances.
• Perform cost-of-goods-sold (COGS) analysis and support monthly close activities.
• Responsible for Excess and Obsolescence reserve, Full Absorption reserve, Freight Accruals, Intercompany Profit Elimination calculation, Warranty Reserve, among other ME close JEs.
• Review and reconcile inventory accounts and participate in cycle counts and year-end physical inventory.
• Partner with Supply Chain management to drive working capital and inventory turns improvement.
• Conduct margin analysis and evaluate cost performance by product line / product category.
• Support Fixed Assets accounting processes.
• Financial Planning & Reporting
• Support the annual budget and monthly forecast processes related to manufacturing, inventory, and cost of sales.
• Prepare monthly financial reports and dashboards for operations and leadership teams.
• Provide insights into cost trends, operational KPIs, and financial risks or opportunities.
• Develop and maintain financial models to support strategic decision-making.
• Supports SOX compliance, and internal and external audits in manufacturing cost-related processes.
• Business Partnering
• Partner with Operations, Supply Chain, and Purchasing teams to drive Opex productivity and BOM savings opportunities.
• Support capital expenditure analysis and ROI evaluations / business cases.

Knowledge, Skills And Required Abilities

• A strong communicator, able to clearly and confidently interact with all levels of the organization.
• Good presentation skills.
• Must be able to lay out clear, well-organized analyses and concisely and clearly communicate key objectives and conclusions.
• Excellent PC skills: advanced Excel applications, PowerPoint, and Word proficiency required.
• Knowledge of JD Edwards system software a plus.
• Proactive and creative problem solver.

Required Education And Experience

• Bachelor’s degree in Accounting, Finance, or related field.
• 5+ years of experience in finance or accounting, preferably in a manufacturing or cost-accounting environment.
• MBA, CPA, CMA, or progress toward certification preferred.

Skills And Competencies

• Strong understanding of cost accounting principles, inventory valuation methods, and variance analysis.
• Advanced Excel skills required; experience with ERP systems (SAP, Oracle, JD Edwards, etc.) highly preferred.
• Analytical mindset with strong attention to detail and problem-solving abilities.
• Ability to communicate financial concepts effectively to both financial and non-financial audiences and interact with all levels of the organization.
• Strong organizational skills and the ability to manage multiple deadlines in a fast-paced environment.
• Ability to work well with ambiguity.

Physical Demands

• Sit and talk or hear.
• Occasionally stand; climb or balance and stoop, kneel, crouch, or crawl.
• Occasionally lift and /or move up to 20 pounds and rarely lift and/or move up to 40 pounds.
• Close vision and ability to adjust focus.

Attention Applicants: If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process, please let us know. Likewise, if you are limited in the ability to access or use this online application process and need an alternative method for applying, we will determine an alternate way for you to apply. Please contact our Talent Acquisition Team at lfcareers@idexcorp.com for assistance with an accommodation.