Senior Financial Analyst 115k

4 weeks ago


Troy, United States Tier 1 Automotive Supplier Full time

Bill Watts at Robert Half is working with a global Tier automotive supplier who is looking to add a new Senior Financial Analyst to their growing department As a Senior Financial Analyst, you will play a pivotal role in financial planning, analysis, and decision support for our company's automotive operations. This position requires a strong understanding of automotive finance, budgeting, forecasting, and strategic analysis to drive profitability and growth.


Key Responsibilities:

Financial Planning and Analysis (FP&A):

  • Lead the annual budgeting and forecasting process for automotive operations, collaborating with department heads and senior management to develop accurate and achievable financial plans.
  • Conduct variance analysis between actual results and budget/forecast projections, identifying key drivers and recommending corrective actions as needed.


Profitability Analysis:

  • Analyze automotive product lines, customer segments, and geographical markets to assess profitability and identify areas for margin improvement.
  • Evaluate pricing strategies, product mix, and cost structures to optimize profitability and drive revenue growth.


Financial Modeling and Reporting:

  • Develop and maintain financial models to support decision-making, including scenario analysis, sensitivity analysis, and investment evaluation for automotive projects and initiatives.
  • Prepare and present financial reports, dashboards, and presentations to senior management, highlighting key performance metrics, trends, and insights.


Capital Expenditure (Capex) Management:

  • Evaluate and prioritize capital expenditure projects for automotive facilities, equipment upgrades, and technology investments.
  • Prepare financial justifications, ROI analysis, and NPV calculations to support Capex decisions and ensure alignment with strategic objectives.


Cost Analysis and Cost Management:

  • Analyze automotive manufacturing and operational costs, including direct labor, materials, overhead, and inventory management.
  • Identify cost-saving opportunities, efficiency improvements, and process optimizations to enhance cost competitiveness and profitability.


Forecasting and Demand Planning:

  • Collaborate with sales, marketing, and supply chain teams to develop accurate demand forecasts for automotive products and components.
  • Support inventory management initiatives, production planning, and supply chain optimization to meet customer demand and minimize costs.


Financial Compliance and Controls:

  • Ensure compliance with financial policies, procedures, and regulatory requirements for automotive operations.
  • Support internal and external audits, addressing audit findings and implementing corrective actions as necessary.


Business Partnering and Decision Support:

  • Partner with cross-functional teams, including engineering, manufacturing, sales, and procurement, to provide financial analysis, insights, and decision support for automotive projects and initiatives.
  • Support strategic initiatives, business case development, and investment proposals for automotive business growth and expansion.


Qualifications:

  • Bachelor's degree in Finance, Accounting, Business Administration, or a related field; MBA or professional certification (CFA, CPA) is a plus.
  • Several years of experience in financial analysis, FP&A, or related roles, preferably in the automotive industry.
  • Strong analytical, quantitative, and problem-solving skills, with proficiency in financial modeling and Excel.
  • Knowledge of automotive finance, manufacturing processes, cost accounting, and supply chain management.
  • Excellent communication, presentation, and interpersonal skills, with the ability to collaborate effectively across functions and levels of the organization.
  • Strategic thinking and business acumen, with a focus on driving financial performance, operational excellence, and business growth.
  • Ability to work independently, manage multiple priorities, and meet deadlines in a fast-paced and dynamic environment.


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