Plant Financial Analyst

$68,000 - $76,000/Yr

Disability Solutions - Niagara Falls, NY

Full-time - Entry Level

Niagara Falls, NY

Administrative and Support Services

About the position

The Financial Analyst plays a crucial role in the financial leadership team of the plant, responsible for maintaining financial control procedures and standards. This position involves analyzing performance, providing insights to management, and ensuring compliance with company policies. The ideal candidate will have experience in a manufacturing environment and will assist in various financial functions to support the plant's operations.

Responsibilities

• Assist all financial functions within the manufacturing facility including purchasing, receiving, production, shipping, and inventory control.
• Validate accuracy of all P&L and balance sheet accounts.
• Assist in providing accurate monthly and quarterly forecasts of operating expenses and capital to enable management proper allocation of resources.
• Backup - process and review payroll times cards weekly for accuracy.
• Review and resolve open receipts and invoice issues.
• Prepare and enter journal entries during month-end close.
• Maintain/improve current control environment and company policy compliance.
• Support safeguarding company assets via routine cycle count program, periodic physical inventory, and fixed asset controls.
• Assist in coordinating the preparation of capital expenditure requests (CERs) and actively work with the CER project managers to quantify acceptable levels of investment and financial returns.
• Monitor capital project spending and be responsible for closing capital projects on a timely basis.
• Maintain the integrity of the location's fixed asset ledger by working with the shared services department.
• Work with all levels of plant and divisional personnel on issues including budgeting, assessment of cost reduction recommendations, and comparison of actual results to plan.
• Support document record keeping and accounting processes to ensure accuracy, transactional efficiencies, cost effectiveness, and conformance to company policies.
• Work with stakeholders to implement positive changes.
• Monitor all spending and report monthly, quarterly, and annual results to management.
• Maintain 'checkbook' approach to monitor expenses and hit targets.
• Participate in the month-end close process and budgeting/forecasting.

Requirements

• Bachelor's degree or foreign equivalent in Accounting or Finance.
• One or more years of professional experience in Accounting and/or Finance with a company with multiple locations.
• Financial/accounting experience in a manufacturing environment is a plus.
• Ability to interface effectively with all levels of the organization.
• Demonstrated skill to analyze and present complex data in an easy-to-understand format to non-financial stakeholders at all levels of a manufacturing organization.
• Ability to work on own initiative and as part of a team.
• Demonstrated high ethical behavior with unquestionable integrity and character.
• Proficiency in Microsoft Office (Word, Excel, PowerPoint).
• Proficiency working with ERP systems, IQMS and Hyperion being a plus.

Benefits

• Base salary range: $68,000 - $76,000 per year.
• Potential additional compensation in the form of bonus, equity, or commissions.