Senior Financial Analyst

Westlake - Houston, TX

Full-time - Mid Level

Houston, TX

Chemical Manufacturing

About the position

The Senior Financial Analyst position is primarily responsible for providing financial expertise, analysis, reporting, and accounting support to the LBP Division of WRBP - Siding & Trim. This role involves a comprehensive analysis of monthly results, supporting the accounting close process, and conducting detailed analysis on customer rebates, incentives, and SG&A expenses. The analyst will also play a crucial role in the preparation of the annual budget and monthly forecasts, performance analysis and reporting, capital investment analysis, and providing ad-hoc business decision support. In terms of accounting duties, the Senior Financial Analyst will participate in the annual budget and monthly forecast preparation, coordinating inputs from sales forecasts, margin analysis, SG&A planning, and cost sharing. They will review divisional consolidated and component results, providing performance trend and variance analysis with a focus on identifying issues and opportunities. The analyst will maintain and promote standard reporting techniques and templates for use across the division, preparing monthly business performance reports and presentations for division and group management. Additionally, the role includes providing analysis and modeling in support of incentive compensation plan target development and approval, monitoring and reporting on business performance against these targets, and assisting business management in the financial analysis of capital and business growth investment opportunities. The analyst will also assist with the monthly, quarterly, and annual accounting close process by preparing and/or reviewing selected journal entry support schedules, and preparing balance sheet account reconciliations for customer rebates and incentive accruals. Compliance with all company policies and procedures is essential, and the analyst will perform other duties as assigned.

Responsibilities

• Participate in the annual budget and monthly forecast preparation, coordinating sales forecast inputs, margin analysis, SG&A planning, and cost sharing.
• Review divisional consolidated and component results, providing performance trend and variance analysis with a focus on issues and opportunities.
• Maintain and promote standard reporting techniques and templates for use across the division.
• Prepare monthly business performance reports and presentations for division and group management.
• Provide analysis and modeling in support of incentive compensation plan target development and approval.
• Monitor and report on business performance against incentive compensation plan targets.
• Assist business management in the financial analysis of capital and business growth investment opportunities.
• Assist with the monthly, quarterly, and annual accounting close process by preparing and/or reviewing selected journal entry support schedules.
• Prepare balance sheet account reconciliations for customer rebates accruals and incentive accruals including sales incentives and commission.
• Assist in the interpretation and administration of transaction approvals in accordance with company policy, including maintaining approval automation tools and templates.
• Provide independent review and validation of selected transactions in compliance with required management approvals.
• Provide other financial analysis in support of business decisions as required from time to time.
• Comply with all Company policies and procedures.
• Perform other duties as and when assigned.

Requirements

• Minimum of a BA/BS in finance or accounting with a preference for a CPA.
• Minimum of four to five years of professional finance/accounting work experience.
• Experience in budgeting and forecasting in a manufacturing environment.
• Experience with month-end accounting close and account reconciliation.
• Experience in cost accounting and business modeling.
• Conceptual understanding of key financial analysis techniques such as discounted cash flow, internal rate of return, break-even and variable contribution.
• Superior data management and modeling skills.
• Advanced knowledge of Microsoft Excel, PowerPoint, and SharePoint.
• Strong interpersonal skills and strong analytical skills.
• Experience with SAP (ERP).