FP&A Analyst-Labor

Full-time - Mid Level

10,001+ employees

About the position

The FP&A Analyst specializing in Direct Labor Efficiency will play a key role in managing and analyzing labor costs and performance metrics to ensure efficient use of direct labor resources across the Stuart Plant. The role will involve data analysis, budgeting, forecasting, and providing insights into labor cost trends and efficiencies to improve business operations. The Analyst will collaborate closely with various departments to drive cost-effective labor strategies and performance optimization.

Responsibilities

• Analyze and track direct labor costs, working hours, and productivity.
• Prepare and maintain labor cost forecasts and budgets, ensuring alignment with organizational goals.
• Develop and monitor key performance indicators (KPIs) related to direct labor efficiency.
• Perform detailed variance analysis on labor costs, identifying reasons for deviations from budget or forecast.
• Work closely with operations, HR, and production teams to gather data and ensure accurate reporting.
• Prepare regular reports and presentations for senior management, summarizing labor efficiency metrics.
• Identify opportunities for process improvements that can drive efficiencies in direct labor usage.
• Provide ad-hoc analysis to support business decisions and special projects related to labor efficiency.
• Ensure the integrity of labor cost data within financial systems.

Requirements

• Bachelor’s degree in finance, Accounting, Economics, or a related field.
• Proven experience in financial analysis, with a focus on labor costs, direct labor efficiency, or manufacturing finance.
• Strong understanding of direct labor cost drivers and financial principles related to labor performance.
• Advanced proficiency in Microsoft Excel, including complex functions and pivot tables.
• Experience with financial planning software (SAP) and reporting tools.
• Strong analytical, problem-solving, and communication skills.
• Ability to work independently and manage multiple priorities.
• Detail-oriented with a focus on accuracy and data integrity.

Nice-to-haves

• 5+ years of experience in FP&A or a similar analytical role.
• Familiarity with manufacturing or production environments.

Benefits

• Medical insurance
• Dental insurance
• Vision insurance
• 401(k)
• Life insurance
• Short- and Long-Term Disability
• Paid Time Off
• Paid Holidays