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Financial Planning

3 months ago


Bloomfield Hills, United States Reverie Full time
Job DescriptionJob Description

About Us

At Reverie, our mission is clear: to change lives through better sleep. We're an industry-leading sleep technology company founded in 2003. Our office culture is a mash-up of cutting-edge Silicon Valley innovation with a relaxed Midwest friendliness. Doors are open; layers are few—you’ll be successful here if you can #humblebrag without the brag and contribute endless positive vibes. We encourage falling down twice and getting up three times, and we welcome shiny new ideas with open arms.

Our Core Values

Default positive, above and beyond, passion for innovation, humble confidence.

About the Position

This is a hybrid work position and requires the person to live in the area of the office. This role will be responsible for financial planning, analysis and projection. Forecast future revenues and expenditures to establish cost structures and determine capital budgeting for projects. Will examine, analyze manufacturing standard costs compared to actual production costs. Prepares financial and business-related analytics in support of the Finance and Operations teams. Produce inventory reporting and maintain accurate valuation of inventory Collaborate to determine strategic objectives and identify opportunities to meet these goals.

What Your Day Looks Like

  • Analyzes actual manufacturing costs and purchase prices monthly and prepares reports comparing standard costs to actual production costs. Provides detailed analysis as it relates to labor, overhead and cost variance

  • Conducts cost analysis for new products and changes in existing product design, raw material sourcing and manufacturing methods

  • Produces Inventory reporting and maintain accurate valuation of inventory - to include monthly reconciliations with warehouses, periodic physical inventory and cycle counting

  • Regularly prepares financial and business-related analytics in support of the Finance and Operations teams, including preparation and analysis of KPIs, monthly operational reports and inventory GL reconciliations

  • Key contributor to the automation of Financial Reporting across the organization – works with all departments to automate and improve current reporting and analysis

  • Works with Senior Management and Department Managers to determine strategic objectives and identify opportunities to meet these goals. Proactively researches, analyzes and synthesizes data from multiple sources and translates into actionable recommendations

  • Assists in forecasting, financial statement analysis, reporting and special ad hoc projects

  • Other duties as assigned


Why You'll Be a Rock Star

  • Advanced Excel skills. Understanding of G-Suite (Google Sheets, Mail, Drive)

  • Knowledge of GAAP Accounting and Financial principles, strong understanding of financial statements and quantitative analysis methods

  • Intermediate ERP data mining skills (preferred but not required)

  • Strong analytical skills and ability to interpret the meaning behind the data. Adopts an unbiased approach to analyzing data for meaning

  • Confidence in data analysis and its accuracy. Ability to manipulate & synthesize large, complex data sets and can effectively translate the business implication for non-financial team members

  • Positive “can do” attitude; a highly motivated self-starter that also can effectively build relationships at all levels across the organization.

  • Thrives in a fast-paced, dynamic team environment

  • Goal-oriented with established track record of meeting competing deadlines


Qualifications

  • Bachelor’s degree in Accounting, Finance or Business required

  • 1-3 years of relevant experience in Financial Analysis, Costing, Accounting or similar

  • Inventory experience preferred.

Have what it takes? Apply now