Financial Analyst

4 weeks ago

Encinitas, California, United States gpac Full time

MUST HAVE MANUFACTURING EXPERIENCE

Financial Analyst will apply principles of accounting to analyze financial information and prepare financial reports and reconciliations. Will handle accounting and reporting for all areas related to inventory and costing and pricing of commercial product along with development and pipeline projects. Ideal candidate will be highly motived, show initiative, possess excellent communication and detail orientation skills and analytical ability.

Essential Duties and Responsibilities

  • Analyzes changes in product design, raw materials, manufacturing methods, or services provided, to determine effects on costs.
  • Communicates information effectively and translates financial data into meaningful information that supports business decision making.
  • Compiles and analyzes financial information to prepare month-end adjusting and closing entries to accounts along with reconciliations and year to date roll-forwards of activity
  • Handles processing of corporate purchase orders along with analysis of vendor contracts and open purchasing activity.
  • Maintain accurate costing methodology in an ERP and manual system
  • Maintain standard cost system to ensure accuracy of inventory valuation and lead annual manufacturing cost standard updates and analyze variances to standard costs
  • Work with other departments to set up a review of open purchase orders for the company to be able to accurately estimate monthly, quarterly and year end accruals.
  • General ledger reconciliation responsibility for all inventory and cost of goods sold accounts
  • Interact with external auditors to ensure audit activities are executed in a timely manner.
  • Identify areas for process improvements, efficiencies, and establish SOPs
  • Participate in the annual budgeting process, including preparation of standard costs
  • Collaborates with the other finance team members to support overall department goals and objectives.
  • Manage the Purchasing function after an initial three to six month period which includes a Buyer
  • Assist with special projects and research projects as assignment by management team.
  • Other duties as assigned
  • Experience preparing monthly account reconciliations and KPI reporting for inventory, COGS and variances with standard costs for internal reporting and for the financial audit
  • ERP experience with Great Plains strongly preferred
  • Strong Microsoft Excel skills
  • Ability to bridge communication between Finance, Supply Chain and Commercial Functions
  • Excellent organizational skills and the ability to manage multiple projects and meet deadlines
  • Exceptional self-management ability
  • Process improvement mindset
  • Team-oriented

Degree in accounting or Finance

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