senior financial analytics engineer

$89,440 - $108,160/Yr

Randstad - Westford, MA

Full-time - Mid Level

Westford, MA

Administrative and Support Services

About the position

The Senior Financial Analytics Engineer will play a crucial role in the financial operations of a manufacturing company located in Westford, Massachusetts. This position involves performing daily and month-end closing activities, ensuring compliance with GAAP, and providing financial insights to support operational decision-making. The role is temp to perm, offering a competitive hourly wage and the opportunity to contribute to various financial projects within the organization.

Responsibilities

• Perform daily and month-end closing activities, including preparation of journal entries, management reports, and account reconciliations.
• Conduct review and analysis related to production order activity, spending variances, inventory valuation accuracy, and the need for plant required accruals and reserves.
• Monitor budget and actual spend throughout the year and work with cost center owners on variances to budget and forecasts.
• Develop standard rates for cost centers and collaborate with engineering on maintenance of plant BOM's and routers.
• Work with the planning team to develop monthly manufacturing cost and absorption forecasts based on forecasted demand.
• Assist the operations team in developing business plans to justify large capital projects.
• Assist with the annual physical inventory.
• Maintain compliance with US GAAP and all company accounting policies.
• Maintain procedural documentation for Sarbanes-Oxley compliance initiatives.
• Assist with requirements of both internal and external auditors during the annual audit.
• Monitor yield performance and collaborate with commercial and corporate accounting to ensure revenue is recognized according to conditions identified in the customer contract.
• Assist with special projects as needed.

Requirements

• Bachelor's degree in Accounting or Finance required.
• Minimum of 5 years of experience in accounting or finance, preferably in a manufacturing environment.
• Solid understanding of generally accepted accounting principles (GAAP).
• Strong financial acumen and analytical skills.

Nice-to-haves

• Experience with Sarbanes-Oxley compliance initiatives.
• Familiarity with manufacturing cost accounting.

Benefits

• Health insurance coverage
• 401K contribution
• Incentive and recognition program