Financial Analyst

3 days ago

Traverse City, MI, United States Skilled Manufacturing Full time
$2000 RETENTION BONUS

Participating Employer: MI Tr-Share Child Care Program

*Your child cost is reduced by 66% for eligible employees*

Financial Analyst

The Financial Analyst is a critical member of the SMI Aerospace Finance Team, helping the organization better understand its financial data so more informed decisions can be made. This role plays a significant part in ensuring the integrity of SMI's vast financial and operational data. An ideal candidate will have the ability to proactively investigate problems, bring forward efficient solutions, and to be continuously looking for ways to improve processes.

Essential Duties / Responsibilities:

Accounts Payable Management
  • Process and enter accounts payable invoices accurately and timely
  • Prepare and execute accounts payable payment runs in accordance with payment terms and cash flow requirements
  • Resolve accounts payable issues, including invoice discrepancies, vendor inquiries, and payment disputes
  • Maintain positive vendor relationships through effective communication and problem resolution
Month-End Close & Financial Reporting
  • Prepare monthly journal entries to ensure accurate financial records
  • Complete monthly account reconciliations for assigned balance sheet and income statement accounts
  • Support the month-end close process by meeting established deadlines and ensuring accuracy
  • Investigate and resolve reconciling items and variances
Cost Accounting
  • Update and maintain standard costs in the ERP system
  • Manage ECN/TCN processes within the ERP system
  • Review cost variances and provide explanations for significant fluctuations
Business Intelligence & Analysis
  • Develop, maintain, and enhance Power BI dashboards and reports
  • Create data visualizations to support management decision-making
  • Perform financial analysis to identify trends, opportunities, and areas for improvement
  • Generate ad-hoc reports and analysis as requested by management
  • Collaborate with cross-functional teams to understand reporting needs and deliver actionable insights
Knowledge/Skills/Abilities:
  • Accounts payable processes and best practices
  • GAAP (Generally Accepted Accounting Principles)
  • Cost accounting and standard costing methodologies
  • Month-end close procedures and financial reporting
  • Advanced Microsoft Excel (pivot tables, VLOOKUP, formulas)
  • Power BI development and DAX formulas
  • ERP/accounting software proficiency
  • Strong analytical and problem-solving capabilities
  • Excellent attention to detail and accuracy
  • Effective written and verbal communication
  • Data visualization and dashboard design
  • Ability to work independently and collaboratively across teams
  • Ability to identify process improvements and implement solutions
  • Ability to meet tight deadlines while maintaining quality
  • Ability to adapt quickly to new systems and changing requirements
  • Maintain confidentiality of sensitive financial information
Required Qualifications
  • Bachelor's degree in Finance, Accounting, or related field
  • 2-4 years of experience in financial analysis or accounting roles
  • Strong proficiency in Microsoft Excel and accounting software
  • Experience with Power BI development and data visualization
  • Solid understanding of accounts payable processes and month-end close procedures
  • Knowledge of standard costing and manufacturing accounting principles
  • Excellent analytical and problem-solving skills
  • Strong attention to detail and accuracy
  • Effective communication skills, both written and verbal
  • Ability to manage multiple priorities and meet deadlines
Preferred Qualifications
  • Experience with ERP systems
  • Familiarity with engineering change management processes
  • Knowledge of SQL or other data query languages
  • Experience in a manufacturing or distribution environment
  • CMA or progress toward CMA certification
Work Environment:

Climate-controlled manufacturing facility with a moderate noise level. In this position, you are working a full-time schedule, mainly in an office environment, with some time in a manufacturing setting.

Benefits - start on the 1st day of employment
  • Health Insurance
  • Health Savings Account
  • Vision Insurance
  • Dental Insurance
  • 401(k) with employer match plus employer contribution
  • Company-paid Short-term Disability
  • Company-paid Long-term Disability
  • Company-paid Life Insurance
Benefits - Additional:
  • Paid Time Off is available after 60 days of employment
  • 401K with employer match after 6 months of employment
  • Quarterly bonus program

Employment Criteria:

This position includes access or potential access to ITAR technical data. Therefore, candidates will need to qualify as a US Person, which is defined as a US Citizen, a Permanent Resident who does not work for a foreign company/foreign government/foreign governmental agency or organization, or a political asylee in compliance with International Traffic in Arms Regulations.

Due to the requirements of the Customer, No Visa sponsorship is available

We are a team-driven Equal Opportunity Employer that does not discriminate on the basis of actual or perceived race, color, creed, religion, national origin, ancestry, citizenship status, age, sex or gender (including pregnancy, childbirth, pregnancy-related conditions, and lactation), gender identity or expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, genetic information, or any other characteristic protected by applicable federal, state, or local laws and ordinances.

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