Manufacturing Plant Financial Planning and Analysis - FP&A

Plant FP&A Specialist provides financial support to the company's management team, contributing to short-term and long-term PLANT target setting, action plan definition, and monitoring. This role collaborates with various departments to produce detailed financial analysis and reporting, enabling informed decision-making and driving production efficiency and plant profitability.
 

Essential Functions, Duties, and Responsibilities
Tasks may include, but are not limited to the following:

·       Inventory valuation methods experience

·       Standard cost setting (Standard cost evaluation vs actual, Overhead and hour rate calculation, material price standard vs actual)

·       Plant efficiencies report- quantities, labor productivity, Earned hour analysis

·       Hour rate per department and plant elaboration and monitoring

·       Stock monitoring (commodities evaluation), Purchase Price Variation (PPV) analysis

·       Production orders variances 

·       Analysis of variations between forecasting, budget, and actual results (P&L and BS), according to organization specialized control model, systems, procedures, timeline

·       Inventory excess and obsolete reserve and analysis

·       Plant postprocessing of error records from automatic good movements

·       Investment’s Return of Investment (ROI) monitoring, new investments evaluation (desired)

·       Develop strategic insights and recommendations for investments, cost reduction, and other business decisions (desired)

·       Implement and manage planning and control systems to ensure timely and accurate management accounts, focusing on production efficiency and plant profitability, cost reduction and inventory (desired)

·       Support management in coordinating the programming process, including quarterly forecasts and ad-hoc financial analyses (desired)

·       Provide comprehensive reporting on structure costs and industrial operations (desired)

 Qualifications: Education, Experience, and Skills
Required:

·       Bachelor’s degree in accounting/finance or a related field.

·       Professional experience in a similar role: 3-5 years in a manufacturing environment preferably multinational company

·       Excel, SAP (required)

·       Business Analytics (required)

·       Power BI tools. Example Qlik sense (desired)

·       Dashboard creation (desired)

Associated Knowledge, Skills, and Abilities
·       Financial Risk Management: Ability to analyze and manage financial risks to minimize costs and ensure stability.

·       Control Model & Cost Accounting: Expertise in producing and evaluating control systems for effective financial management.

·       Business Advisory: Ability to identify new business opportunities and conduct financial evaluations to enhance value creation.

·       Planning & Forecasting: Proficiency in supporting business planning and evaluating results against key performance indicators.

·       Big Data Analytics: Capable of building analytics systems and translating information into actionable business solutions.
 

Core Job Competencies
To perform the job successfully, an individual should demonstrate the following job competencies:

·       Cooperation/Teamwork – Works harmoniously and contributes to building a positive team spirit, responding positively to instructions and procedures.

·       Oral/Written Communication – Expresses oneself clearly in conversation and business writing, listens, and gets clarification while following work instructions. 

·       Attention to Detail – Effectively processes detailed information and follows verbal and written instructions. 

·       Attendance/Punctuality - Is consistently at work and on time and instills same in team members supervised.

·       Fostering Innovation – Ability to develop, sponsor, or support the introduction of new and improved methods, procedures, or technologies

·       Managing Work - Establishes a course of action for accomplishing specific goals by planning proper assignments. 

·       Results Orientation – Focuses on desired results, setting challenging goals, and meeting or exceeding them.
 

License/Certification
Preferred: N/A
 

Working Environment & Conditions/Physical Requirements
·       Environment: Hybrid (office-home office)

·       Physical Requirements: Sedentary work with occasional lifting of up to 10 pounds.

·       Travel Requirements: Minimal travel required; occasional trips as necessary.
 

Equipment or Machines Routinely Used in This Position
·       Office equipment, including computer, keyboard, and mouse.
 

Review Procedures
A regular review and evaluation of the team member’s work performance will be conducted.