Financial Analyst

Job description

JOB DESCRIPTION:

MAIN PURPOSE OF ROLE

The position functions as a business partner with operations on various financial matters such as budgeting, forecasting, product costing, manufacturing variances analysis & reporting, capital projects and other related financial requests. The analyst assists in the month-end closing activities, consolidates data and prepares presentations as requested.

MAIN RESPONSIBILITIES

• Budget / Forecasting - Active participation in the preparation of the annual manufacturing budget plan; Coordinate the collection of information and analyze and summarize the necessary data for the timely preparation of quarterly forecasts. 
• Product Costing - Support the development of standard product costing, after proper verification of routings, bills of materials and components costs, including review for reasonableness.  Prepare cost estimates as required.
• Closing/ Reporting – Participates in the month end close process, reviews spending account accuracy and propose accruals as necessary. Analyze financial results, verify reasonableness and provide management with manufacturing performance reports on a daily, weekly or monthly basis, including manufacturing variance analyses and appropriate explanations of yields, scrap, rework and other factors. Analysis of inventory balances and other account reconciliations as assigned.
• Operational business support -  Review and analyze Production Order Variances (POV) analyzing and reporting results, support operational managers in the monetary spending overhead analysis and budget control. 
• Fixed assets - Review all capital expenditure requests ensuring that we are using proper forms, accounting treatment, and necessary back up information; follow up on construction in progress projects to assure its timely closing and capitalization, and to ensure forecasts and budgets accurately reflect correct assumptions for future depreciation calculations.
• Participate in New Product Transfers as required supporting budgeting/forecast process, analysis as required.

QUALIFICATIONS

• Bachelor’s degree in Business Administration with major in Accounting and/or Finance.
• 5 – 7 years experience in a manufacturing environment in Accounting and/or Finance
• Advance in MS Office applications (MS Excel, MS Word, MS PowerPoint, etc.).
• Knowledge of integrated cost accounting systems and information systems.
• Advanced command of English with excellent oral and written communication skills required.

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