Financial Analyst
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Job Location:
Palmer, MA - USA
Monthly Salary:
Not Disclosed
Posted on:
23 hours ago
Vacancies:
1 Vacancy
Job Summary
This position may require access to export-controlled technology or software source code that is subject to export controls restrictions under the International Traffic in Arms Regulations (ITAR) and the Export Administration Regulations (EAR) and will therefore be required to meet eligibility criteria under ITAR and EAR regulations.
Job Summary
The Financial Analyst will be a key member of the Palmer Foundry finance team and will support the Controller in the financial operations of a growing manufacturing business. The organization is actively investing in its people manufacturing capabilities and infrastructure to fuel future growth. The Financial Analyst will perform a critical role in preparing journal entries supporting the monthly close process and providing visibility to internal stakeholders of KPIs. This role will serve as a key stakeholder in the companys ERP system and will maintain the companys Standard Cost system. The Financial Analyst will work cross-functionally with Engineering Operations Quality and Sales to develop a strong understanding of the business its cost structure and key operational drivers. This is an excellent opportunity for someone who is eager to learn multiple facets of a manufacturing business.
Key Responsibilities / Duties
The Financial Analyst is responsible for maintaining accurate financial records preparing financial statements and ensuring compliance with accounting regulations. The primary responsibilities of the Financial Analyst will be:
Prepare and post journal entries in accordance with GAAP
Support month-end close activities including account reconciliations and variance analysis
Prepare weekly financial and operational KPI reports for management
Analyze financial and operational results including variances to standard cost budget and forecast
Support the development of the annual operating budget in collaboration with the Controller and department leaders
Prepare quarterly financial reforecasts reflecting current operating conditions and business initiatives
Support operational accounting as needed
Serve as a key stakeholder and business partner for the Companys ERP system
Maintain monitor and enhance the existing standard cost system including material labor and overhead costs
Partner with Operations Engineering and Quality to ensure accuracy of bills of material routings and cost data
Support ERP-related process improvements system enhancements and data integrity initiatives
Work closely with operational leadership to improve cost transparency and financial controls
Support internal control processes and financial documentation
Assist with audits banking requests and special projects as assigned by the Controller
Perform Ad-Hoc Analysis and other duties as assigned
Competency: To perform the job successfully an individual should be proficient in accounting software (like Oracle SAP or Odyssey) GAAP knowledge and have strong analytical skills. The individual should also have attention to detail strong communication and interpersonal skills time management and the ability to work independently and as part of a team.
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Qualifications: To perform this job successfully an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge skill and/or ability required.
Required Skills and amp; Qualifications
Working knowledge of general ledger accounting journal entries and financial reporting
Critical thinking and problem-solving skills
Experience with ERP systems; manufacturing ERP experience preferred
Strong proficiency in Microsoft Suite with a focus on Microsoft Excel
Cost accounting and standard costing experience
Strong analytical and problem-solving capabilities
Organizational planning and documentation skills
Strong mathematical and analytical skills
Excellent oral and written communication skills
Ability to manage multiple priorities in a deadline-driven environment
Supervisory Responsibilities:
None
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Work Environment: The work environment characteristics described here are typical of those an employee will experience while performing the essential functions of this role. The office environment maintains a noise level that is generally moderate to loud consistent with a high-activity workspace. Employees should be comfortable performing their duties in a dynamic setting with frequent background activity and audible communication.
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Physical Demands: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job: regularly required to sit speak and listen; and frequent standing reaching and manual dexterity for handling equipment/materials. Reasonable accommodation may be provided to enable qualified individuals with disabilities to perform these essential functions.
Company Industry
IT Services and IT Consulting
Key Skills
- Cognos
- Forecasting
- Hyperion
- Microsoft Access
- Pivot tables
- Accounting
- Analysis Skills
- Microsoft Excel
- Financial Analysis
- Financial Modeling
- Budgeting
- Financial Planning
