Plant Financial Analyst
3 weeks ago
KSB is a leading supplier of pumps, valves and related service. Our reliable, high-efficiency products are used in applications wherever fluids need to be transported or shut off, covering everything from building services,industry and water transport to waste water treatment, power plant processes and mining. Founded in 1871 in Frankenthal, Germany, the company has a presence on all continents with its own sales and marketing organisations and manufacturing facilities. Around the globe, more than 190 service centres and around 3,500 service specialists are on hand to provide local inspection, servicing, maintenance and repair services under the KSB SupremeServ brand. Innovative technology that is the fruit of KSB's research and development activities forms the basis for the company's success.
People. Passion. Performance. It is these three success factors that make KSB the company it is today.
At KSB, we recognise that it is people who actually make the difference - the people we employ and the people we serve. This is why we are committed to equal rights and treatment worldwide and never lose sight of the aspects ecology and sustainability when manufacturing our products.
GIW- Job Description
Job Title: Plant Financial Analyst I
Department: Finance
Reports To: Plant and Service Controller
Located in: Grovetown
PURPOSE OF POSITION
Assist Finance department in performing Management Accounting and Controlling duties with the following subdivisions while directly supporting GIW's plant operations:
Reporting and Business Analysis Cost Accounting for Plants Inventory Accounting - Valuation and Capitalization Capital Expenditures - Valuation, Capitalization and Capital Investment Requests Special Projects Assist Plant and Service Controller as a Liaison Between Finance and Operations
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.
Plant Reporting and Business Analysis
Interfaces with multiple departments in Operations, assisting the Plant Controller in an advising role.
Provides management with timely reviews of organization's operational status and progress in its various programs and activities.
Evaluate performance of various plant activities and support the achievement of all operational goals.
Assist with analysis and interpretation of monthly financial statements, providing insights to Operations management.
Provide supporting data for presentations for regular Executive and Operational reviews. Prepare OSC (operations score card) or similar dashboards on a monthly basis.
Cost Accounting for Plants
Assists by ensuring cost and performance calculations required for company management are provided to management and controlling with appropriate information for business decision-making as well as operational and strategic management of the business segments (pumps, parts, service) and the overall company.
Assist with calculation of rates to ensure that rates calculated are realistically reflecting the operational performance in the plants.
Cost center planning - budgeted volumes and costs. Variance analysis and reporting to cost center managers.
Inventory Accounting
Ensure that inventory adjustments are audited and recorded in alignment with company policies, and conform to local (GAAP) and international accounting standards (IFRS) by considering the effects in the company's financial statements.
Work with Inventory Management and Cost Accounting to ensure physical inventory processes are followed and that processes align with KSB guidelines.
Capital Expenditures
Evaluate investment requisitions and offer suggestions to the requestors of capital requests before submitting for approval to upper management.
Assist with the development and control of annual investment budget.
In cooperation with Asset Accounting, assist in performing regular fixed asset inventories, and in the initial tagging and identification of assets place into service.
Special Projects
Plan, organize and control projects as assigned on a regular or ad hoc basis.
Assist with regular and ad hoc project requests from the Finance department.
Assist local plant management in preparing and submitting any financial support to upper management.
Liason - Work as a Finance business partner with multiple departments from Operations to ensure open and effective communication on finance and other topics.
EDUCATION and/or EXPERIENCE
- College degree in Accounting, Finance, Engineering or similar subject is required (Bachelor of Science). MBA or CMA credentials preferred or having at least a similar knowledge/experience.
- At least 1-2 years' experience in manufacturing environment preferred.
- Must have strong IT skills especially with Microsoft Office products. ERP system experience, particularly SAP, is a plus.
- Knowledge of modern cost and performance calculations.
- Relevant knowledge of international accounting (IFRS) standards is a plus but not required.
- Excellent communication and resource management skills.
- Ability to pull cross-functional teams together to develop, plan, implement, and measure performance.
- Comfortable and effective working both independently and as a part of a team.
Equal Opportunity Employer/Disabled/Veterans
KSB Group is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws.
This policy applies to all employment practices within our organization, including hiring, recruiting, promotion, termination, layoff, recall, leave of absence, compensation, benefits, training, and apprenticeship. KSB makes hiring decisions based solely on qualifications, merit, and business needs at the time.
We value employees who take the initiative and are committed to our company; Employees who take responsibility and for whom business success is the focus of their actions. In return, we offer fair framework conditions for collective wages and pensions, flexible working time models, individual training opportunities and the best career prospects.
