Plant Financial Analyst

$68,000 - $76,000/Yr

Motrex - Niagara Falls, NY

Full-time - Entry Level

Niagara Falls, NY

Transportation Equipment Manufacturing

About the position

The Financial Analyst plays a crucial role in the financial leadership team at the plant, responsible for maintaining financial control procedures and standards. This position involves analyzing performance, keeping key stakeholders informed of deviations, and implementing best practices within the manufacturing environment. The role requires collaboration with various departments to ensure accurate financial reporting and resource allocation.

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.
• 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 work with project managers to quantify acceptable levels of investment and financial returns.
• Monitor capital project spending and close 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 budgeting and cost reduction recommendations.
• Support document record keeping and accounting processes to ensure accuracy and efficiency.
• Monitor all spending and report monthly, quarterly and annual results to management.
• Maintain a "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, preferably in a manufacturing environment.
• 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.
• 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, with IQMS and Hyperion being a plus.

Benefits

• Base salary range of $68,000 - $76,000 per year, with potential for additional compensation in the form of bonuses, equity, or commissions.