Sr. FP&A/Cost Analyst

$100,000 - $120,000/Yr

Cvi Laser - Albuquerque, NM

Full-time

Remote - Albuquerque, NM

About the position

The Sr. FP&A/Cost Analyst plays a crucial role in overseeing financial planning, forecasting, and manufacturing cost accounting functions at IDEX's Albuquerque and Rochester Semicon sites. This position requires a proactive individual who can lead efficiency improvements and provide strategic recommendations to Senior Management, ensuring alignment with the sites' strategic goals.

Responsibilities

• Work with the Finance manager to understand and use forecasting and reporting tools, AOP process and reporting, Quarter end process and reporting, as well as Strategic Planning.
• Assist with ad hoc reporting and help to build and maintain robust tools that assist with the dissemination of Financial, Commercial, and Operational metrics.
• Responsible for reporting, forecasting and analyzing the manufacturing cost sections of the P&L and balance sheet, including standard costs, variances to standards, operating direct charges and inventory.
• Coordinate cost management functions to ensure accurate, timely product cost and inventory account information, including inventory reserve calculations and balances as required by U.S. GAAP Accounting and IDEX corporate policy.
• Monitor, review and analyze daily manufacturing activities, providing variances and root cause analysis for relevant, accurate and timely input and performance reporting.
• Review standards against current cost roll-ups on a regular basis to ensure accurate cost data and provide feedback on product margin analysis.
• Evaluate BOM costing accuracy and communicate exceptions.
• Perform make-buy analyses for parts/assemblies.
• Participate in productivity improvement and lean manufacturing initiatives as requested.
• Support inventory optimization initiatives, driving processes to identify and evaluate root cause front end process drivers and maintain appropriate disposition policies and procedures.
• Lead and streamline annual material, labor and burden standards review and update.
• Assist in annual price book reviews through strategic product margin analysis.
• Support product line P&L analyses and commercial analysis and reporting of Sales/Orders/Backlog.
• Balance Sheet reconciliation for Inventory Accounts based on monthly Inventory Analysis.

Requirements

• Bachelor's degree in accounting or finance.
• ERP (JDE experience preferred).
• Advanced Excel and PowerBI experience.
• 4+ years of FP&A/Accounting experience; cost accounting preferred.
• 2+ years of operational experience in a manufacturing environment preferred.
• Advanced financial modeling and analytical techniques.
• Excellent analytical skills with a strong focus on accuracy and attention to detail.
• Excellent communication skills and high confidence in stating professional opinions.
• Self-motivated, focused and able to identify needs and implement solutions with minimal supervision.
• Strong grasp of GAAP accounting and general accounting concepts.
• Demonstrated ability to streamline and automate complex processes.

Benefits

• Competitive salary ranging from $100,000 to $120,000 dependent upon experience.
• Remote work eligibility.