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Lead Financial Analyst
2 months ago
The Lead Financial Analyst will play a pivotal role in the daily financial operations of Shapes Group Ltd. Co. This position involves the preparation, examination, and analysis of financial records, statements, and reports to ensure their accuracy, completeness, and adherence to established standards. A significant focus of this role is on the meticulous tracking and reporting of manufacturing expenses, alongside the preparation of financial statements that reflect the organization’s assets, liabilities, and overall financial performance.
Key ResponsibilitiesThis job description serves as a summary of the primary functions associated with this role, and is not intended to encompass all possible duties. Responsibilities may evolve, or new tasks may be assigned as necessary.
- Conduct general cost accounting and related tasks within the finance department.
- Compile and maintain a comprehensive database of cost information.
- Establish systems and procedures for cost accumulation and accounting functions.
- Analyze fixed costs, including salaries, rent, and insurance.
- Forecast and document variable costs, such as raw material purchases and labor expenses.
- Examine actual costs to identify discrepancies and inaccuracies.
- Prepare departmental and organization-wide budgeting reports.
- Analyze and report on actual profit margins.
- Assist in month-end and year-end closing processes.
- Recommend cost-effective solutions based on financial analysis.
- Provide product cost information for general accounting purposes.
- Generate periodic balance sheets, income statements, and profit and loss statements.
- Maintain the integrity of the general ledger.
- Process invoices, set up new accounts, and reconcile accounts.
- Reconcile bank accounts monthly and address inquiries from financial institutions.
- Manage accounts receivable collections and customer account reconciliations.
- Verify invoice payments related to accounts payable.
- Assist external auditors by providing necessary documentation for annual audits.
- File required tax documentation with governmental agencies.
- Collaborate with software consultants to maintain and enhance accounting software.
- Ensure a safe and organized work environment.
- Foster professional interactions and teamwork.
- Work additional hours as necessary.
- Perform other related duties as assigned.
- Bachelor's degree in finance or accounting with two to four years of relevant experience.
- In-depth knowledge of financial and cost accounting principles.
- Ability to adhere to generally accepted accounting practices.
- Proficient in accounting software and Microsoft Office applications.
- Strong prioritization skills and a sense of urgency.
- Excellent verbal and written communication abilities.
- Strong interpersonal skills and the ability to work independently.
- Analytical and problem-solving capabilities.
- Exceptional organizational skills with the ability to manage multiple tasks.
- Attention to detail and strong mathematical skills.
- Proficient computer skills and reporting capabilities.
The role requires the ability to meet the physical demands associated with the essential functions of the job. Reasonable accommodations may be made for individuals with disabilities.
- Regularly requires remaining stationary at a desk while working on a computer.
- Must be able to lift and transport items weighing up to 20 pounds.
- Operates office machinery and equipment.
- Communicates effectively to convey information and ideas.
- Requires coordination to operate computers and office equipment.
- Work environment is typically quiet to moderate in noise level.
- Visual acuity of 20/20 or corrected, with the ability to read documents and computer screens.
- Normal hearing or corrected to normal, with the ability to monitor machine sounds.