Senior Financial Analyst

ReSound

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profile Job Location:

Shakopee, MN - USA

profile Monthly Salary: $ 80000 - 85000
Posted on: 4 hours ago
Vacancies: 1 Vacancy

Job Summary

Position Overview:

The Senior Financial Analyst provides financial support to manufacturing facilities located in US and Canada produces KPIs to help guide management decision making is a primary resource supporting COGS accounting for Operations and Sales Sub entities and works to ensure accurate inventory accounting and in maintaining proper inventory controls. The position assists with month end close and plays a key role in annual budget process.

Essential Functions (Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.)

  • Prepare monthly KPI reports on labor efficiency material usage OT hours and on time delivery by product/order types and report results vs. Outlook/budget
  • Monitor the business performance and understand any gaps versus forecast and potential impact on the P&L B/S or cash-flow
  • Provide financial support to Operations management on project cost tracking new product introduction cost saving initiatives and business cases for proposed asset acquisitions
  • Serves as a strategic business partner to Operations Leadership by conducting costbenefit analyses to support the selection and prioritization of operational projects.
  • Participate in month end close and analyze monthly performance of the NA Operations and support the monthly management reporting including updates to outlook
  • Lead Annual Cost Roll process which involves updating material cost of inventory items to align with global standards adjusting labor and overhead absorption rates to reflect current year budget updating routing and work center times and rates and calculation of inventory revaluation
  • Contribute to development and completion of Operations budget and COGS budget for Sales Subs. Work with ERP BI and Microsoft Office to arrive at budget amounts for COGS/OPEX.
  • Upload/Extract budget data from SAP/ERP as well as outlook/projections
  • Serve as primary financial contact for manufacturing and shipping leaders to resolve day-to-day process-related issues
  • Partners with the Logistics team to conduct freight cost analyses and provides datadriven recommendations to optimize overall freight expenses
  • Prepare plant specific accruals as required and reconcile GL accounts specific to Operations
  • Other duties as assigned

Competencies (Knowledge and Skills needed for this position.)

  • Strong analytical skills with the ability to simplify financial information and communicate to all audiences
  • Proactiveness in partnering with key stakeholders both locally and globally
  • Strong organization skills as well as verbal and written communication skills.
  • Business acumen and industry understanding to advise on how to optimize the business model and value delivered to customers
  • Comprehensive applicable knowledge of finance and accounting in a business setting

Desired Qualifications

Required Education:

  • Bachelors degree in Accounting/Finance; or equivalent work experience and knowledge.

Preferred Education:

  • Masters degree in Accounting/Finance

Experience:

  • Minimum of five years accounting or FP&A experience
  • Cost accounting experience required
  • Intermediate or higher skill level with MS office PowerBI & SAP
  • Experience with Navision ERP and D365 preferred.

Travel: Less than 5%

Other Information

Direct reports:

None

Indirect reports:

None

Working Environment:

Office professional

Physical Demands:

Sitting standing lifting (no more than 40lbs)

Position Type and Expected Hours of Work:

This is a full-time exempt position working Monday through Friday.

Occasional weekend work may be required based on month-end business needs.

This role follows a hybrid work schedule:

  • In-office: Tuesday Wednesday and Thursday
  • Remote (Work From Home): Monday and Friday
  • Flexible start time at 8:00 AM or 9:00 AM Central Time
  • Specific times may vary and this role may require additional hours to support operational or month end activities.

Candidates must be able to reliably work on-site three days per week as outlined above.

Please note this job description is not designed to cover or contain a comprehensive listing of activities duties or responsibilities that are required of the employee for this job. Duties responsibilities and activities may change at any time with or without notice.

About Us

GN brings people closer through our leading intelligent hearing audio video and gaming solutions. Inspired by people and driven by innovation we deliver technology that enhance the senses of hearing and sight. We help people with hearing loss overcome real-life challenges improve communication and collaboration for businesses and provide great experiences for audio and gaming enthusiasts.


What We Offer
We value our employees and offer competitive wages and benefits including:
- Generous Benefits including PTO and Paid Holidays
- 401k with Company match
- Paid Parental Leave & Transition Back to Work Benefits
- Company HSA Contributions
- Discounted GN Group products

We encourage you to apply

Even if you dont match all the above-mentioned skills we will gladly receive your application if you think you have transferrable skills. We highly value a mindset motivation and energy that aligns with our core values to not only ensure growth for you but for your team and the wider GN organization as well.

We are committed to an inclusive recruitment process

GN welcomes applicants from all backgrounds and applicants will receive equal consideration for employment. We make life sound better by developing intelligent sound solutions that transform lives through the power of sound enabling you to hear more do more & be more than you ever thought possible. Our integrated headset and communications solutions assist professionals in all types of businesses in being more productive. Our wireless headsets are designed to fit any lifestyle - from sports enthusiasts to commuters and office workers. GN operates in more than 90 countries across the world. Founded in 1869 GN has more than 7000 employees today.

Pay Transparency Notice:

Depending on your work location the target annual salary for this position can range from $80000 to $85000/ addition you may be eligible for a discretionary bonus. Compensation for roles at GN depend on a wide array of factors including but not limited to location role skill set and level of experience. To remain competitive GN offers a competitive benefits package including annual bonuses health insurance a 401(k) plan paid time off and paid holidays. GN participates in E-Verify. View the E-Verify posterhere. View the Right to Work poster here.

Disability Accommodation

If you have a disability and you believe you need a reasonable accommodation in order to search for a job opening or to submit an online application please e-mail . This email is provided for the purpose of supporting applicants who have a disability that prevents them from being able to apply online. Only emails received for this purpose will be returned. Emails left for other purposes such as following up on an application or technical issues not related to a disability will not receive a response.


Required Experience:

Senior IC

Position Overview:The Senior Financial Analyst provides financial support to manufacturing facilities located in US and Canada produces KPIs to help guide management decision making is a primary resource supporting COGS accounting for Operations and Sales Sub entities and works to ensure accurate in...
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Key Skills

  • Cognos
  • Forecasting
  • Hyperion
  • Financial Concepts
  • Pivot tables
  • Accounting
  • Analysis Skills
  • Microsoft Excel
  • Financial Analysis
  • Financial Modeling
  • Budgeting
  • Financial Planning

About Company

Company Logo

At ReSound, people with hearing loss are at the heart of everything we do. We think big and challenge the norm, because we believe Smart Hearing has the power to transform lives. Our award-winning Smart Hearing aids help people feel more involved, connected and in control. They delive ... View more

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