Financial Analyst / Sr. Financial Analyst

$91,200 - $128,000/Yr

Colgate-Palmolive - Morristown, TN

Full-time - Mid Level

Morristown, TN

Merchant Wholesalers, Nondurable Goods

About the position

The Financial Analyst / Sr. Financial Analyst at Colgate-Palmolive is responsible for managing Cost & Inventory activities, focusing on Future Costing, Fixed Assets, and Inventory Analysis. This role supports the Plant Controller in budget coordination, cost analysis, and reporting, while also ensuring compliance with internal controls and Sarbanes-Oxley requirements. The position plays a critical role in driving financial discipline and continuous improvement within the organization.

Responsibilities

• Providing support in driving Funding the Growth (FTG) discipline; validating potential savings, tracking results and ensuring implementation of savings projects.
• Assists the Plant Controller in the coordination of budget process by ensuring adherence to timelines and data submission requirements.
• Prepares annual budget facility conversion costs.
• Analyzes and verifies budget cost changes vs. prior periods.
• Performs estimated standard cost calculation for new products and changed/revised formulas.
• Coordinates relationship with business service center partners on cost revisions and month-end activities.
• Provides reporting and analysis of cost change impacts to the P&L for business partners.
• Performs balance sheet and plant variance analysis.
• Conducts absolute material loss/gain analysis and support continuous improvement.
• Performs plant inventory (raw, packaging and work in process) analysis.
• Coordinates and controls cyclical cycle counts and annual full physical inventory counts.
• Identifies accruals and reserves for month-end close.
• Prepares raw material and packaging material cost evolution information and submits it to Procurement team for review and validation.
• Collaborates with Plant Engineering on capital management program; Reviews projects for appropriateness; Monitors capital projects against defined objectives and development / validation of support.
• Provides input on fixed assets (capital projects) for both budget & latest estimates.
• Coordinates, performs and documents fixed assets physical count, and performs validation of results (e.g. asset tagging, potential write-offs).
• Manages Sarbanes-Oxley internal control requirements for all inventory segments and fixed assets.
• Coordinates technician payroll in collaboration with local human resources.
• Invoices and reconciles miscellaneous sales.
• Liaises with other manufacturing plants, division finance team, direct and indirect procurement teams, demand and supply teams and external auditors.
• Participate in cross-functional continuous improvement efforts as appropriate.
• Assists Plant Controller with special projects, as needed.

Requirements

• Bachelor's Degree; Accounting or Finance concentration.
• 5+ years financial or plant experience required.
• Strong relevant systems knowledge (Google Suite, MS Excel, SAP).
• Strong analytical, communication, teamwork and interpersonal skills required to interact with business partners.
• Supply Chain understanding.

Nice-to-haves

• CPA
• MBA
• Sarbanes-Oxley (SOX) knowledge.

Benefits

• Comprehensive benefits package including medical, dental, vision, and basic life insurance.
• Paid parental leave.
• Disability coverage.
• Participation in the 401(k) retirement plan with company matching contributions.
• Minimum of 15 vacation/PTO days and 13 paid holidays.
• Paid sick leave adjusted based on role and location.