Financial Planning Analyst

5 days ago


Clayton, Ohio, United States LHH Full time
Job Title: Financial Analyst

Purpose of the Role:

  • Provide comprehensive financial and business insights to support financial, general management, and manufacturing operations.
  • Deliver actionable recommendations through assessments, observations, and summaries to guide management decisions.
  • Lead the preparation, coordination, and consolidation of monthly forecasts, annual budgets, and strategic plans for Engineered Products, Industrial Products, and Corporate departments.

Key Responsibilities:

  • Develop and maintain financial models to support the consolidation of monthly manufacturing forecasts, annual financial plans, and strategic initiatives.
  • Analyze and interpret operating results, comparing them to forecasts, budgets, and financial plans. Provide recommendations based on findings.
  • Schedule and coordinate the manufacturing forecasting process, including manufacturing expenses, absorption, and variances.
  • Ensure deadlines are met in the forecasting and planning processes.
  • Advise manufacturing management on actual expenses versus forecasts and provide financial insights for decision-making.
  • Reconcile and report weekly/monthly labor hours and manpower status to manufacturing leadership.
  • Assist with the development of annual burden rates and analyze fixed burden manufacturing expenses for make-or-buy decisions.
  • Complete corporate accounting tasks such as monthly closings, journal entries, account reconciliations, and preparing analytical studies for external auditors.
  • Serve as the Capital Expenditure Administrator, overseeing CapEx requests, reviewing and recommending Appropriation Request Authorizations (ARAs), and coordinating Capital Steering Committee meetings.
  • Administer warranty accounting functions.

Qualifications:

  • Bachelor's degree in Accounting or Finance required; MBA is a plus.
  • Minimum of five years of professional experience in a manufacturing environment, including cost accounting experience.
  • Strong knowledge of accounting principles as they relate to profit and loss statements, balance sheets, cash flow statements, and capital expenditure evaluations.
  • Excellent analytical and communication skills are essential.
  • Proficiency in Microsoft Office, Hyperion, Oracle, and Kronos.
  • FP&A experience is highly preferred.


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