Senior Financial Analyst
1 month ago
Plasman is a leading global automotive and manufacturing company with a rich history dating back over 40 years. We are seeking a highly skilled Senior Financial Analyst to join our team at the Lawrenceburg TN facility.
The ideal candidate will possess a strong background in cost accounting and analysis, with excellent analytical and problem-solving skills. They will be responsible for assisting the Controller with various financial, analytical, and accounting functions, including the development and maintenance of product costs, analysis of operational variances, and generation of production metric reporting.
Key Responsibilities- Maintain check methods to confirm transaction entry to MRP system
- Maintain Daily financial reports
- Analyze DL/IDL variances daily
- Perform scrap analysis
- Lead with development of product costs for budget
- Generate weekly reports to include material variance, direct labor variance and lead with variance analysis
- Make recommendations regarding the accounting of reserves, assets and expenditures
- Assist with database maintenance/updating (Defect database)
- Conduct standard cost updates and maintenance
- Monitor MRP system for accuracy, including errors in receiving, production reporting, shipping, and routings
- Review production, shipping, receiving and move ticket transactions as needed
- Update and post all internal part number cross reference sheets where needed
- Determine and recommend improvements in current standards
- Assist the materials department with monthly inventory activities
- Create product structure and maintain bills of material for all manufacturing goods
- Produce proper documentation on questions regarding information that has been entered into the system
- Review standard and actual costs for inaccuracies
- Report on periodic variances and their causes, with a focus on DL/IDL variances
- Validate the cost of goods sold as part of the month-end close
- Provide information to management by assembling and summarizing data; preparing reports; making presentations of findings, analyses, and recommendations. Analyze financial reports and translate them into concise summaries for management
- Support coordination and preparation of the month end close process as well as budget and forecast process.
- Preparation of financial models to support different budget and forecast scenarios
- Provide assistance to operating management in assigned areas to facilitate proper implementation and control of budgeted plans and objectives.
- Track financial status by monitoring and researching variances from plan
- Determine financial status by comparing and analyzing plans and forecasts with actual results
- Review customer pricing changes and retro billings and ensure that the pricing database is correct and up to date (for manufacturing locations)
- Improve financial status by analyzing results and variances; identifying trends; recommending actions
- Always promote an atmosphere of teamwork
- Assist in any way to any employee, necessary to promote a successful operation emphasizing customer satisfaction
- Ensure that a clean and safe work environment is always maintained
- Ensure personal and associate awareness and understanding of ISO 14001 and ISO/TS includes ISO 9001) Standards, and company policies and procedures.
- During management system audit events provide evidence in support of conformance with appropriate standards and procedures and participate in corrective action activities as necessary.
- Promote an atmosphere of team-work at all times
- Ensure that a clean and safe work environment is always maintained
- Complete any other duties as assigned
- Must possess a Bachelor's degree in Accounting or related field. Working towards an advanced degree desired.
- Must have at least 5+ years of experience in accounting with a strong cost accounting background.
- Must have strong computer skills. Advanced Excel knowledge and ERP experience required. Trans4M experience desired.
Plasman is committed to offering a wide range of prospects to our employees, including competitive salaries, full-time permanent positions, benefits, company savings plans, recognition awards, hands-on training, upward mobility, tuition reimbursement, and more.
Plasman values and supports the unique talents and strengths that each employee brings to our organization. We invest in our people and give them the tools they need to achieve success in their career.
We are an equal opportunity employer. If you need an accommodation for any part of the application and hiring process or have any questions, please contact HR.
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