Financial Analyst I

Job Title: Financial Analyst I

Reports to: Corporate Controller

Job Summary

The Financial Analyst I’s primary duties are to compile financial data such as inventory purchases, labor cost, etc. This position will provide support for Financial Analyst II & III. They will also estimate production costs and track the changes in regular costs due to new products and new processes.

Supervisory Responsibilities

N/A

Essential Duties

• Analyze the manufacturing operations including interpreting and communicating cost and expense variances to management.
• Analyze variable costs and make appropriate budget adjustments. Assist in the maintenance of cost data and preparation of reports.
• Prepare manufacturing variance analysis standard and ad hoc reports to determine profitability.
• Prepare departmental expense analysis report for plant management review.
• Research and investigate variances as needed.
• Prepare quarterly and annual supplemental reporting.
• Assist in month end accounting close, including journal entry preparation and account reconciliations.
• Analyze revenues and expenses to ensure amounts are properly recorded in the financial statements.
• Assist in preparation of annual budgets, monthly, quarterly, and annual forecasts for plant operations and capacity analysis.
• Prepare current month forecast estimates as well as monthly preparation of remaining year forecast estimates.
• Other duties as assigned.

Required Skills and Abilities

• Must have a thorough understanding of Accounting Theory and must be familiar with a variety of the field's concepts, practices, and procedures.
• Must have sound judgment - Able to make company/financial decisions based on experience and expertise.
• Intermediate to Advanced Excel Skills is required.
• Must be extremely focused and have a strong attention to detail.
• Must have the ability to self-motivate, multi-task and prioritize project timelines.
• Ability to communicate in both the written and spoken language of English to a level that will allow the safe and effective performance of the job.

Education and Experience

• Knowledge of finance and accounting principles normally acquired by the completion of a bachelor’s degree in finance, accounting, or similarly related field and/or equivalent work experience.
• Experience with Syteline &/or Microsoft D365 F&O/SCM, preferred.
• 1 -2 years of experience in related industry/role preferred.

Physical Requirements

• Ability to stand, walk, push, pull, and move around for extended periods of time.
• Capability to lift and carry objects of various weights,
• Proficiency in using hands, fingers, and arms for tasks such as typing and writing.
• Sufficient visual acuity to read documents.
• Ability to hear and understand verbal communication.
• Flexibility to bend, stoop, and reach low or high objects.
• Adaptability to work in varying environmental conditions, such as temperature extremes, noise, dust, or fumes, depending on the nature of the job.
• Willingness to adhere to safety protocols and wear protective gear, including helmets, goggles, gloves, and safety shoes, as required by the job.

Company Culture & Values

• A Commitment to Our Purpose (COMMITTED PEOPLE) – Our mission is to serve and build up our customers, suppliers, communities, and each other, guided by the principles of our Lord Jesus Christ. The commitment to serving and building up is easily seen in those employees that exemplify this value.
• Without Our Customers We Are Nothing (CUSTOMER FIRST) – We realize that we are blessed to serve our customers and without them, our company does not exist. They rely on us for their success and that is a responsibility we cannot take lightly. Our focus must be on serving them with as seamless communication and access to products as possible.
• Kind, Humble and Positive (HUMBLE) – These positive traits do not mean being a doormat to others. But when a person is kind, humble and positive it comes through in their genuine caring for those around them.
• A Desire For “Expert” (EXPERTS) – Our people want to be seen as the experts in their specific roles. From how we convert a bag efficiently and with highest quality, to knowledge of the product portfolio, to desiring to know more about tax or human resource policy – the desire for “expert” drives us in each of our roles.
• Intentional Growth – Developing of Self and Others (PERSONAL GROWTH)– Times, tools, and customer expectations change. Our team members are interested in developing themselves and those around them. We know that a stronger team is one that makes our customers and our fellow employees happier.
• Strong Work Ethic (HARD WORKERS) – The commitment to serve those around us is honorable and we respond to this by putting our strongest effort into that purpose.
• High Expectations of Self and Others (HIGH EXPECTATIONS) – We expect ourselves, and those around us, to put in our best effort. When others struggle, we help them align towards perfection. When we struggle, we are open and humble to hear it and course-correct accordingly.
• If It Isn’t Safe, We Don’t Do It (SAFETY) – All people deserve to return home to their loved ones safely and work in an environment where they can best execute their tasks safely. When choosing between safety and profit, safety and efficiency, safety and feelings, safety, and “x” – we choose safety.

Travel Requirements

This position requires occasional overnight travel and occasional travel during the workday.

Driver Qualification

The ability to drive a company owned/leased vehicle or personal vehicle on behalf of the company is preferred.

Inclusion in the company’s driver qualification program is required to drive a company owned/leased vehicle or personal vehicle.

Becoming a qualified driver includes:

• Agree to the company driving policies that apply to company owned/leased vehicle or personal vehicle as applicable.
• Possess and maintain a valid driver license and be a minimum of 21 years of age.
• Maintain an acceptable driving record, as evidenced by completion of a baseline motor vehicle record check and ongoing monitoring.
• When driving a personal vehicle on behalf of the company, must provide a copy of the declaration page from personal auto insurance that shows the policy dates and minimum coverage amounts ($300,000 bodily injury per accident/$100,000 property damage per accident or if driving less than 5 hours/200 miles a year $50,000 bodily injury per accident/$10,000 property damage per accident or the state minimum, whichever is more). This requirement is initially and then annually thereafter.

This job description is intended as a general outline of the primary responsibilities of the position. It is not intended to be an exhaustive or comprehensive list of all duties, responsibilities, or activities that may be required. The employer reserves the right to modify, add, or remove any responsibilities, duties, or activities as deemed necessary with or without notice.

Volm Companies is an equal opportunity employer and is committed to providing reasonable accommodation to qualified individuals with disabilities and other protected characteristics. If you require reasonable accommodation to perform the essential functions of the job, please inform us and we will work with you to address your needs.