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Financial Analyst

$77,600 - $116,400/Yr

Precision Castparts - Santa Ana, CA

posted 4 days ago

Full-time - Entry Level
Santa Ana, CA
10,001+ employees
Miscellaneous Manufacturing

About the position

The Financial Analyst performs accounting and finance functions related to financial processes, reporting, analysis, costing and interpretation and provides input to management and guidance to other Finance and Operations personnel regarding these functions. This position reports to the Controller. In performing functions, duties or tasks, employees are required to know and follow safe work practices, and to be aware of Company policies and procedures related to job safety, including safety rules and regulations. All functions, duties or tasks are to be carried out in an honest, ethical and professional manner, and to be performed in conformance with applicable Company policies and procedures. In the event of uncertainty or lack of knowledge of Company policies and procedures, employees are required to request clarification or explanations from superiors or authorized company representatives.

Responsibilities

  • Analyze Financial Information: Assist with month end closing processes, maintain the general ledger, generate monthly journal entries and reconcile accounts.
  • Prepare and analyze financial statements and internal reports and provide summaries and recommendations to management regarding financial activities.
  • Prepare daily, weekly, monthly, quarterly, and annual reporting.
  • Provide financial analysis and reporting on results and trends of operations like WIP, days of inventory, throughput, etc.
  • Assist with product cost analysis (actual vs standard) and cost savings calculations, creating budgets, forecasts and activity rates.
  • Develop a strong understanding of the Financial and ERP systems and the ability to data mine.
  • Prepare and maintain budgets, forecasts, and financial reports.
  • Monitor and analyze key performance indicators (KPIs) to identify trends and opportunities for improvement.
  • Work closely with various departments (such as accounting, purchasing, and logistics) to align business goals with financial performance.
  • Analyze variances in expenses and identify revenue and expense trends.
  • Conduct financial and profitability analysis for new products, projects, or initiatives.
  • Assist in the preparation and review of business plans, financial projections, and investment proposals.
  • Assist Sales with pricing recommendations on requests for quotes from our customers.
  • Evaluate and recommend improvements to existing financial systems and processes.
  • Participate in audits and internal control assessments to ensure compliance with financial regulations and standards specific to the manufacturing industry.
  • Provide audit support through the generation of timely, accurate schedules and documents.
  • Assist with SOX compliance and reporting.
  • Other duties and projects as assigned.

Requirements

  • 2+ years of progressive accounting experience
  • Accounting experience in a manufacturing or industrial environment
  • BA/S in Accounting or Finance

Benefits

  • Eligible to participate in the Company's Quarterly Cash Bonus Plan
  • 120 hours paid time off every year
  • 10 paid holidays
  • Eligible to participate in the company's medical, dental, vision, and basic life insurance
  • Eligible to enroll in the Company's 401(k) plan
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