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Manufacturing Finance Specialist

2 months ago

Niles, Illinois, United States Michael Page Full time

Position Overview

We are collaborating with the Director of Finance at a leading multi-billion dollar manufacturing firm that is looking to expand its team with a skilled Financial Analyst. This role offers the opportunity to engage in budgeting, forecasting, and providing insightful financial analysis to senior leadership across the organization.

Company Insights

This prominent organization partners with renowned brands to produce high-quality products for various sectors, including residential and commercial markets. With a strong track record of profitability and growth, they are eager to welcome a dedicated finance professional who is looking to advance their career within a dynamic environment.

Key Responsibilities

  • Perform comprehensive financial analysis to derive insights regarding the company's manufacturing operations.
  • Work collaboratively with various departments to collect and evaluate financial data.
  • Develop and deliver financial reports, including performance summaries on a monthly, quarterly, and annual basis, to senior management and stakeholders.
  • Assist in the budgeting and forecasting processes by providing precise financial projections and strategic recommendations.
  • Track key performance indicators (KPIs) and financial metrics, identifying trends and areas for potential enhancement in manufacturing operations.
  • Evaluate product profitability and pricing strategies to maintain competitiveness and optimize profit margins.
  • Support capital expenditure assessments and provide financial rationale for investments in new equipment, technology, or expansion initiatives.
  • Analyze the financial implications of changes in manufacturing processes and recommend strategies to improve operational efficiency.
  • Coordinate with the accounting team to ensure accurate and timely recording of transactions related to manufacturing and compliance with financial controls.
  • Conduct ad-hoc financial analyses to facilitate decision-making, including cost-benefit assessments and special projects.
  • Stay informed about industry trends, regulations, and best practices pertinent to manufacturing finance.
  • Utilize financial modeling techniques and software to simulate scenarios and evaluate potential risks and opportunities within the manufacturing sector.
  • Engage in regular discussions with the manufacturing team to identify challenges and develop financial solutions that align with business objectives.

Candidate Profile

  • Bachelor's degree in Accounting or Finance.
  • A minimum of 2 years of experience in a finance-related role.
  • Excellent written and verbal communication skills.
  • Proficiency in Microsoft Excel.
  • Ability to collaborate effectively across different functions.

Compensation and Benefits

  • Competitive base salary along with performance-based bonuses.
  • Comprehensive benefits package, including 401k matching and annual merit increases.
  • Flexible working arrangements, including a hybrid model.
  • Access to state-of-the-art office facilities.