Financial Analyst

3 weeks ago

Irving, United States FASTENER DISTRIBUTION HOLDINGS LLC Full time
Job DescriptionJob Description

FDH Aero is a trusted global supply chain partner for aerospace and defense companies. With more than 55 years of experience, it specializes in c-class components that include hardware, electrical, chemical, and consumable products and services for global OEM and aftermarket customers. At FDH Aero, we understand that the strength of our brand comes from our people, and our culture empowers every team member to contribute and grow. As a global team, our culture is rooted in five (5) core values that begin with the words “We are” and include: service-first, respectful, amplifiers, open-minded and accountable.

FDH Aero is headquartered in Commerce, California, and has operations across the Americas, EMEA and APAC. FDH Aero has locations in 14 countries across the globe, with more than 1,200 best-in-industry employees and over 650,000 square feet of inventory space.

For more information, please visit the FDH Aero website.


As a Financial Analyst - Electrical reporting directly to the Finance department, you will play a key role in managing long-term agreements, optimizing inventory processes, and supporting financial planning. This position demands a detail-oriented professional with a strong background in financial analysis, contract management, and inventory control.


Responsibilities:

  • Administer and manage long-term agreements with suppliers, ensuring compliance with contractual terms
  • Collaborate with procurement teams to negotiate favorable LTAs, considering cost savings and strategic partnerships
  • Monitor LTA performance, addressing discrepancies and facilitating contract renewals or amendments as needed
  • Oversee the day-to-day inventory operations, ensuring accuracy and efficiency
  • Implement and refine inventory control procedures to minimize discrepancies and enhance accuracy
  • Collaborate with cross-functional teams to forecast demand, ensuring optimal stock levels and minimizing carrying costs
  • Work closely with the Finance team to generate accurate and timely financial reports related to LTAs and inventory
  • Support financial planning by providing insights into LTA and inventory-related expenses and trends
  • Assist in the preparation of budgets and forecasts for inventory and LTA expenses
  • Ensure adherence to financial and contractual obligations within LTAs
  • Collaborate with legal and procurement teams to address any compliance issues
  • Provide support during audits to demonstrate compliance with LTA terms
  • Identify opportunities for process improvement within the LTA and inventory management functions
  • Implement best practices to enhance efficiency and streamline operations
  • Utilize data analysis tools to interpret complex data sets related to LTAs and inventory
  • Generate insights and actionable recommendations based on data-driven analysis


Qualifications:

  • Bachelor's degree in Finance, Business, Supply Chain Management, or a related field
  • Proven experience in financial analysis, contract management, and inventory control
  • Strong analytical and problem-solving skills
  • Proficiency in data analysis tools and advanced MS Excel skills
  • Excellent communication and negotiation skills
  • Ability to work independently and collaboratively in a team-oriented environment
  • Experience with ERP systems
  • Knowledge of industry best practices in LTAs and inventory management
  • Relevant certifications such as CSCP (Certified Supply Chain Professional) or CFA (Chartered Financial Analyst) are advantageous


FDH Aero is an Equal Opportunity Employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by law.

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