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Sr. Financial Analyst
2 months ago
We are in search of a Sr. Financial Analyst based in Lowell, Massachusetts. This role involves forging robust business partnerships and providing cost analysis and decision support to the functional leaders. The role also requires enhancing business systems and processes, and improving the accuracy of standard costs. This is a long-term contract employment opportunity.
Responsibilities
• Forge strong business partnerships and provide cost analysis and decision support to the functional leaders.
• Improve the accuracy of standard costs and enhance systems and processes for the business.
• Perform daily and month-end closing activities, including the preparation of journal entries, management reports, and account reconciliations.
• Conduct review and analysis related to production order activity, spending variances, inventory valuation accuracy, and the need for plant required accruals and reserves.
• Monitor budget and actual spend throughout the year and work with cost center owners on variances to budget and forecasts.
• Develop standard rates for cost centers and work with engineering on maintenance of plant BOM’s and routers.
• Collaborate with the planning team to develop monthly manufacturing cost and absorption forecasts based on forecasted demand.
• Assist the operations team on the development of business plans to justify large capital projects.
• Assist with the annual physical inventory process and maintain compliance with US GAAP and all company accounting policies.
• Maintain procedural documentation for Sarbanes-Oxley compliance initiatives and assist with requirements of both internal and external auditors during the annual audit.
• Monitor yield performance and work with commercial and corporate accounting to ensure revenue is recognized according to conditions identified in the customer contract.
• Assist with special projects as needed.
• Candidate must possess a firm understanding of business systems.• Proficiency in Confluence is required for this role.
• Experience with CRM is essential.
• Candidate should have working knowledge of Crystal Reports.
• Mastery of data mining techniques is necessary for this role.
• Familiarity with About Time software is advantageous.
• Strong understanding of accounting functions is required.
• Experience with auditing is a must.
• Proficiency in budget processes is necessary for this role.
• Understanding of capital management is important for this position.
• Financial analysis skills are a must for this role.
• Experience with costing and standard costing is beneficial.
• Familiarity with budgeting and forecasting is necessary.
• Proficiency in Microsoft Power BI is required for this role.