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
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
Bachelor’s degree in Business Administration / Accounting / Finance or related field of study (Engineering / Economics)
4 6 years experience in Accounting, Finance or Engineering roles (at least two specifically in Finance) preferably in a manufacturing environment
Advance Commands of English / Required
Advance in MS Office applications (MS Excel, MS Word, MS PowerPoint, etc.)
Knowledge of integrated cost accounting systems and information systems
Advanced knowledge of information systems (SAP preferred)