Senior Financial Analyst

Affinity Search Limited - South Bend, IN

Full-time - Mid Level

South Bend, IN

10,001+ employees

About the position

The Senior Financial Analyst position is an immediate opening within a billion-dollar medical device and consumables manufacturer located in Greater South Bend, IN. This role is designed for a professional at the manager level, with a clear pathway to advance into a Controller position based on performance and success. The company has experienced significant organic and acquisitional growth over the past five years, boasting a workforce of 80,000 employees and serving over 5 million patients worldwide. With more than 18,000 patents, the organization fosters a dynamic culture characterized by a best-in-class mentality, ensuring that no two workdays are ever the same. In this role, the Senior Financial Analyst will report directly to the Controller or Director and will be responsible for a variety of financial tasks including monthly reporting and forecasting, cost center analysis, material variance analysis, and budgeting. The position requires expertise in cost accounting, particularly with SAP in the manufacturing industry, and knowledge of managerial accounting and Power BI will be advantageous as the role is expected to evolve into a Controller position. The successful candidate will lead the month-end close process, compile accurate internal reporting packages, and prepare high-level presentations to communicate financial results and trends to the manufacturing team. The responsibilities also include analyzing manufacturing costs, providing explanations for variances, and working closely with operations personnel to identify opportunities for improvement in the production process. The Senior Financial Analyst will coordinate the budgeting and forecasting processes, ensuring that all financial schedules are consistent and aligned with communicated assumptions. This position offers a competitive pay structure, a 10% bonus, a 6% 401k match, and benefits starting from day one, along with four weeks of paid time off.

Responsibilities

• Lead month-end close and monthly reporting processes.
• Conduct department KPI reporting and variance analysis.
• Collaborate with department leaders to reflect KPIs in financial forecasts.
• Compile accurate internal reporting packages by established deadlines each month.
• Prepare high-level PowerPoint presentations for monthly meetings with the manufacturing team.
• Analyze manufacturing costs, including payroll, purchase orders, and allocations.
• Provide meaningful explanations for variances to budget and forecast.
• Analyze material costs and labor/overhead applications for variances to standards.
• Track and report on project scrap and other costs.
• Support project implementation with financial analysis and master data review.
• Coordinate and consolidate cost center spend information for the budget process.
• Calculate and communicate allocation information for budgeting.
• Generate and monitor monthly projections and identify material variances to budget/forecast.
• Load budgets and forecasts in various systems and ensure alignment between systems.

Requirements

• Bachelor's degree in Finance, Accounting, or a similar field.
• Minimum of 5 years of finance experience required.
• Experience in cost accounting with SAP in the manufacturing industry is required.
• Proficient in MS Excel.
• CPA or CMA certification is desired.
• Ability to analyze financial results for accuracy and completeness.
• Excellent verbal and written communication skills.
• Strong presentation and leadership skills.
• Experience working with functional partners to improve processes and enhance efficiency.
• Ability to handle challenges and pressures in dynamic situations.

Nice-to-haves

• Knowledge of managerial accounting and Power BI.

Benefits

• Competitive pay
• 10% bonus
• 6% 401k match
• Benefits starting Day 1
• 4 weeks PTO
• Relocation assistance offered.