Senior Financial Analyst
2 weeks ago
Job Title: Senior Financial Analyst
Location: Princeton, NJ – Onsite – Local candidates only
Period: 06/17/2024 to 06/16/2025 - Strong possibility of extension
Hours/Week: 40 hours
Rate: $50/hour (Hours over 40 will be paid at Time and a Half)
Contract Type: W-2 only
Scope of Services:
The Senior Financial Analyst will play a pivotal role in providing comprehensive cost planning, analysis, and reporting to management for the Princeton manufacturing site. This includes overseeing purchase price variance, conducting overhead spending analysis, managing headcount reporting, monitoring freight and distribution expenses, optimizing inventory management, and overseeing capital spending. Utilizing systems such as TM1 and ERP, the Senior Financial Analyst will analyze actuals and investigate variances to ensure accurate financial reporting. Additionally, they will prepare accounting journal entries, monthly reporting packages, and apply GAAP rules to record accounting records accurately. Collaborating with Finance and IT teams, the Senior Financial Analyst will identify improvement areas and drive efficiency gains. They will also liaise with Corporate Finance Shared Service and Division Finance Teams to support ad-hoc financial initiatives.
Role, Responsibilities, and Deliverables:
- Provide cost planning, analysis, and reporting to management for Princeton manufacturing site includes purchase price variance, overhead spending analysis, headcount reporting, freight and distribution expense, inventory management, and capital spending
- Utilize systems including TM1 and ERP (system with detailed transactions) to analyze actuals and investigate variances
- Prepare accounting journal entries and monthly reporting packages to Finance and Business leadership
- Apply GAAP rules to properly record accounting records and be able to guide and explain to Sr. leadership
- Identify improvement areas and actively work with Finance and IT to gain efficiency
- Work with Corporate Finance Shared Service and Division Finance Teams to support ad-hoc
Experience:
- Bachelor’s Degree in Finance or Accounting
- Strong Accounting background
- Strong Analytical skills
- Demonstrated experience in financial and variance analysis working with financial system applications
- Highly skilled in MS Office Suite (Word, Excel and PowerPoint).
- Strong verbal and written communications with ability to effectively communicate at multiple levels in the organization
- 2+ relevant years in Finance or Accounting in a fast-paced environment
Preferred Qualifications:
- Experience performing cost analysis.
- Manufacturing/Supply Chain experience preferred.
- Previous experience working in a matrixed and geographically diverse business environment
- Working knowledge of TM1, SAP, Oracle, or MRP system in multimillion dollar companies
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