Manufacturing Finance Analyst (Days 8am to 5pm) Onsite
LSI SOLUTIONS® · Victor, NY · 2 mo ago
On-siteFinance$100k–$114k/yrFull-time
POSITION SUMMARY
The Manufacturing Finance Analyst will assist the Manufacturing Finance Controller in supporting financial reporting and analysis for inventory, fixed assets, and gross margin performance.
ESSENTIAL FUNCTIONS
- Prepare monthly journal entries and account reconciliations for inventory, fixed assets, and related accounts.
- Maintain the fixed asset system, including asset tagging all fixed assets purchased by the corporation.
- Perform flux analysis and variance reporting, investigating differences between standard costs and actual costs to identify inefficiencies and opportunities for cost reduction.
- Provide on-time and accurate reporting related to inventory movements, inventory costs and variances, margin and fixed assets to the Manufacturing Finance Controller and other stakeholders.
- Maintain and update Crystal Reports used by the Manufacturing Finance Controlling department.
- Write new reports as needed.
- Cook up the annual standard cost revaluation process, including setting up meetings with key departments to ensure accurate and timely reporting.
- Develop and maintain the variance amortization model that capitalizes and amortizes inventory variances based on inventory turnover by product line/sku.
- Identify opportunities and plan for improvement to system integrity.
- Absorb business process improvement as identified.
- Aid in developing, communicating, monitoring and reporting on departmental key performance indicators (KPI).
- Develop and automate standard reporting tools and dashboards for detailed sales and gross margin analysis.
- Facilitate financial statement reviews/audits for fixed assets and inventory.
- Maintain product line cost profile models for Engineering Group.
- Work with end users, create new models/metrics to drive better business decisions.
ADDITIONAL RESPONSIBILITIES
- All other duties as assigned.
- Abide by all company policies and procedures per the LSI Solutions® Employee Manual.
EDUCATION & EXPERIENCE
- Bachelor’s degree in accounting or finance required.
- Minimum of 5 years’ relevant experience in manufacturing finance, cost accounting, or related analytical roles.
KNOWLEDGE, SKILLS & ABILITIES
- Capable of correctly analyzing large amounts of data.
- Proficient with MS Office suite.
- Analytical problem solving / troubleshooting skills.
- Project Management capability.
PHYSICAL DEMANDS AND WORK ENVIRONMENT
- Sitting, standing, and/or walking for up to eight hours per day.
- Routine use of standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines.
- Regularly required to talk and/or hear, see, handle, reach, and perform repetitive motion.
- Occasionally required to see color.
LSI BENEFITS INCLUDE
- Bonus Plan
- 401(k) plan with company match
- Tuition Assistance
- Employee Assistance Program (EAP)
- Product Discounts
- 15 Paid Holidays
- PTO, Sick Time
- Medical, Vision and Dental
LSI SOLUTIONS® IS AN EQUAL OPPORTUNITY EMPLOYER
- Minority/Female/Sexual Orientation/Gender Identity/Disability/Veteran.