Financial Analyst

Overview

The Financial Analyst supports financial planning, cost analysis, inventory management, and reporting within a manufacturing environment. This role analyzes product costs, material, labor, and overhead expenses; monitors inventory costs; performs monthly cost and variance analysis; and provides financial insights to support pricing, purchasing, and operational decisions. The position partners with cross-functional teams to identify cost drivers, trends, and opportunities to improve financial performance.

Responsibilities

• Maintain and analyze material cost records, standard costs, and related costing data to support accurate financial reporting and business decisions.
• Perform periodic material cost updates and evaluate the financial impact of changes in raw material, labor, overhead, and supply costs.
• Conduct monthly actual versus plan variance analysis for manufacturing expenses, production performance, inventory activity, and cost center results.
• Develop financial analytics, dashboards, and reports summarizing cost trends, inventory movements, expense performance, forecasted spending, and efficiency opportunities.
• Prepare periodic cost reconciliation reports, including analysis of changing labor, supply, freight, overhead, and inventory-related costs.
• Assist with budgeting and forecasting for manufacturing cost centers, including annual plan support, cost assumptions, and operational expense analysis.
• Analyze inventory valuation, inventory movements, obsolescence, discards, cycle count results, and physical inventory activity to support inventory accuracy and financial controls.
• Partner with Operations, Purchasing, and Finance to investigate cost variances, inventory discrepancies, and process improvement opportunities.
• Maintain fixed asset records and analyze depreciation, capital activity, and related expense impacts.
• Perform other related duties as assigned.

Requirements

• Bachelor’s degree in accounting, finance, business, supply chain, or related field desired.
• At least three years of related financial analysis, cost accounting, inventory analysis, or manufacturing finance experience required.
• Experience analyzing large data sets and developing financial reports, trend analysis, reconciliations, and actionable business insights required.
• Previous experience with ERP systems required; SAP experience preferred.
• Advanced Microsoft Excel skills required; experience with analytics or reporting tools preferred.

Preferred Qualifications

• Strong understanding of product costing, standard costing, variance analysis, inventory valuation, and manufacturing cost drivers.
• Knowledge of US GAAP and SOX concepts.

Compensation & Benefits

• Earned bonus structure, including annual merit increases and an annual incentive bonus plan.
• 11 paid holidays each year, plus paid time off.
• Comprehensive health and welfare plans.
• 401(k) program featuring company match.
• Tuition reimbursement, employee recognition programs, and opportunities for career growth.

Location

Manufacturing environment (location not specified in the posting).

Equal Employment Opportunity

Equal employment opportunity to all employees and applicants for employment, and prohibition of discrimination and harassment on any protected basis under applicable federal, state, or local laws.