Operations Accounting Analyst
Job Summary
Founded and family-owned since 1896, Rhoads Industries is a total solution provider of industrial fabrication, mechanical/maintenance and maritime services. The Operations Finance Analyst will provide financial analysis and support for the operations division.
Responsibilities
- Conduct in-depth financial analysis to support operational decision-making, including cost analysis, profitability analysis, and variance analysis.
- Prepare detailed financial reports and dashboards that provide insights into operational performance, trends, and financial impacts.
- Develop and manage annual budgets and financial forecasts for the operations division.
- Collaborate with departmental leaders to gather and analyze budgetary and forecasting data.
- Monitor budget performance and provide recommendations for adjustments as needed.
- Analyze operational costs, including labor, materials, and overheads.
- Identify cost-saving opportunities and recommend strategies to improve cost efficiency.
- Track and report on cost reduction initiatives and their impact on the overall budget.
- Develop and maintain key performance indicators (KPIs) to measure operational efficiency and effectiveness.
- Analyze performance metrics and provide actionable insights to senior management to drive improvements.
- Collect, validate, and manage financial data from various sources to ensure accuracy and consistency.
- Utilize advanced data analysis tools and techniques to support financial decision-making and reporting.
- Provide financial insights and recommendations to support strategic initiatives and operational improvements.
- Prepare and present financial analysis and reports to senior management, highlighting key findings and recommendations.
- Communicate financial insights effectively to non-financial stakeholders and support data-driven decision-making.
- Ensure compliance with financial regulations, company policies, and internal controls.
- Identify and address any discrepancies or issues related to financial data and reporting.
- Identify opportunities to improve financial analysis processes and systems.
- Implement best practices and streamline financial reporting procedures to enhance efficiency and accuracy.
Requirements
- Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
- CPA, CMA, or other relevant certifications preferred.
- At least 3-5 years of experience in financial analysis, with a focus on operations, manufacturing, or supply chain management.
- Expertise in financial modeling, data analysis tools, and ERP systems.
- Knowledge of Lean, Six Sigma, or other process improvement methodologies is a plus.
- Strong understanding of operational processes, including production, supply chain, logistics, and process optimization.
- Experience preparing detailed financial reports and presenting them to senior leadership in a clear, concise manner.
- Ability to connect financial data with operational performance to provide actionable insights.
- Strong interpersonal skills and experience working cross-functionally with departments like operations, supply chain, and production.
- Ability to identify inefficiencies and recommend process improvements to increase operational and financial efficiency.
- Advanced proficiency in Excel, financial modeling software, and enterprise resource planning (ERP) systems (e.g., Dynamics, SAP, Oracle, Hyperion).
Benefits
- Competitive health insurance packages
- 401k matching
- Paid time off (PTO)
Work Environment
The performance of this position involves exposure to construction or industrial areas where the use of personal protective equipment such as safety glasses, hard hats and hearing protection is required. Must be able to work in a variety of physical positions, including sitting, standing, walking, etc.
Company Information
Rhoads Industries, Inc. is an Equal Opportunity Employer, making decisions without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, veteran status, and disability. To learn more about Rhoads Industries and their opportunities, please visit RhoadsInc.com and follow them on LinkedIn.