ITS has a client in the Tuscaloosa, AL area seeking a Financial Analyst. This is a direct hire position with full benefits including 401k and bonus eligibility.
Job Summary: The Senior Financial Analyst is a Business Partner to both the finance and operational teams, providing timely and actionable analysis along with KPIs to support management decision-making and achieve financial/operational targets. Opportunity for a high-potential individual to develop into a leadership position.

Required Education and Experience:

• Undergraduate Degree in Business, Finance or Accounting
• Strong communicator in the English language, both written and oral
• Minimum 3-5 years experience in a similar position
• Must have manufacturing experience (preferably in Automotive)
• Proficient in Microsoft Office; exposure to computerized manufacturing accounting systems is preferred
• High level of time management and organizational skills
• Excellent analytical and problem-solving skills

Essential Functions:

• Provide visibility and insight into business operations to management through data analysis driven by exceptional Excel/dash-boarding abilities to support management decision-making. Including the analysis of overheads, earned vs. available labor hours, and inefficiencies (scrap, overtime premium freight, etc.) to drive profitability.
• Design, prepare, and maintain daily, weekly & monthly KPIs to provide enhanced feedback and accountability to the management team.
• Assist in the analysis and maintenance of standard costs including:
  • Analyzing the financial impact of proposed changes to the bill of materials.
  • Performing labor, overhead, and cycle time studies to improve the accuracy of the bill of materials
• Process Capital Assets expenditure requests ensuring corporate policies are adhered to
• Process all capital assets disposals and MRE Divisional transfers
• Maintain the capital assets module of CMS and reconcile it to the GL
• Maintain all capital assets binders and maintain monthly CIP schedules
• Assist Materials and Accounting departments with both Production and MRO Physical Inventories.
• Preparation of slow-moving inventory reporting and LCM analysis
• Tooling project tracking, reconciliation, report preparation/distribution, and coordination of monthly meetings with the Engineering
• Assist Controller on the design, development, and maintenance of complex scenario-based financial models to support forecasting and budgeting activities within the plant including:
  • Forecasted Sales and Material by Customer/Program/Destination using multiple demand inputs including Customer Releases and Industry Vehicle Volumes.
  • Labor/Manning models to appropriately flex Clients to match customer demand levels.
  • Other account-based data extraction models to support analysis and understanding of spending and consumption trends.
  • Cash flow modeling to understand future cash requirements and optimize working capital.
• Assist the Controller in the preparation of the bi-weekly full financial forecasts (P&L, Balance Sheet & Cash flow) and financial bridge analysis.
• Complete month-end, quarter-end, and year-end processes including:
  • Preparation of assigned account reconciliations and analysis to support financial statements.
  • Assist Controller with preparation of the financial bridge to explain monthly/quarterly actual results variances to budget/forecast.
  • Manage and record journal entries for Inventory and other accounts as assigned.
  • Assist in the data extraction to support the preparation of standard corporate reporting requirements including AR Aging, Head Counts, and Capital and Tooling balances by program promptly.
  • Support and assist in the coordination of external and internal audit requirements.
• Preparation and analysis of Sales by Destination, Sales by Platform, etc.
• Assist preparation of the year-end audit package
• Process in ADP, Bi-Weekly Payroll and prepare JE.