Financial Analyst

Unclassified - Fredericksburg, VA

Full-time - Mid Level

Fredericksburg, VA

About the position

The Financial Analyst position is a critical role within the organization, supporting various activities related to the integrated financial system. The primary focus of this role is on gross margin analysis, costing, and ensuring inventory accuracy. The Financial Analyst will be responsible for preparing comprehensive reports and projections based on financial data, including month-end financial reports that provide insights into the company's financial health. This position requires a thorough evaluation of current and previous financial data, as well as an analysis of business and economic trends that may impact the organization. In addition to margin analysis, the Financial Analyst will conduct product line profitability analysis and produce matrix reporting to aid in decision-making processes. The role involves creating financial models based on detailed analyses to support organizational leaders in their strategic planning. The analyst will also be tasked with developing financial plans and reports that align with the company's objectives, while analyzing industry trends and making informed recommendations based on those insights. The Financial Analyst will evaluate capital expenditures and depreciation, develop automated reporting and forecasting tools to enhance data efficiency, and provide necessary information for all financial audits. Furthermore, the analyst will support and manage sales tax systems to ensure compliance with state regulations. A key responsibility will be to compare actual costs to budgeted costs, analyze variances, and develop internal control policies and procedures for cost accounting activities. The role also includes performing physical inventory control and reporting, assisting with cycle counts and physical inventories, and reconciling general ledger accounts with a focus on sales, costs, inventory, and liabilities. The Financial Analyst will execute gross margin analysis and report findings, as well as assist with both internal and external audits.

Responsibilities

• Prepare reports and projections based on financial data; month-end financial reports.
• Evaluate current and previous financial data.
• Study business and economic trends.
• Conduct margin analysis.
• Perform product line profitability analysis.
• Produce matrix reporting.
• Create financial models based on analyses to support organizational decision making.
• Develop financial plans and reports for organizational leaders.
• Analyze industry trends and make recommendations based on those trends.
• Evaluate capital expenditures and depreciation.
• Develop automated reporting and forecasting tools for more efficient use of data.
• Provide information necessary for all financial audits.
• Support and manage sales tax systems to ensure company's state compliance.
• Compare actual costs to budgeted costs and analyze variances.
• Develop internal control policies, guidelines, and procedures for cost accounting activities.
• Perform physical inventory control and reporting.
• Assist with cycle counts/physical inventories and analyze cost accounting data.
• Reconcile general ledger accounts with a focus on sales, costs, inventory, and liabilities.
• Execute gross margin analysis and report on findings.
• Assist with internal and external audits.

Requirements

• Bachelor's degree in Accounting or Business Administration.
• 5+ years of Finance/Cost Accounting/Controller experience, preferably within the manufacturing industry.
• Knowledge and experience with SAP.
• Familiarity with tax preparation and accounting software.

Benefits

• 401(k)
• Dental insurance
• Disability insurance
• Flexible spending account
• Health insurance
• Paid parental leave
• Paid time off
• Parental leave
• Vision insurance