What are the responsibilities and job description for the Financial Analyst position at Advantage Medical Electronics, LLC?
Job Title: | Financial Analyst |
Department: | Finance |
Reports to: | CFO |
FLSA | Exempt |
SUMMARY: We are seeking a highly skilled Financial Analyst with a robust background in commercial modeling and global expansion strategy within the manufacturing industry. This role will be pivotal in supporting strategic decision-making for both existing operations and new global ventures, including opening new factories. The ideal candidate will have strong expertise in financial and business modeling, commercial analysis, and proficiency with business intelligence tools and SQL databases. The successful candidate will be responsible for developing financial models that assess the profitability and feasibility of global expansion initiatives, as well as providing insights into pricing strategies, market dynamics, and operational efficiencies.
DUTIES AND RESPONSIBILITIES:
Financial Modeling: Develop, maintain, and optimize complex financial models for forecasting, budgeting, and scenario analysis, focusing on the financial implications of expanding manufacturing operations globally and taking on new commercial opportunities.
Business Case Development: Create detailed business cases and financial projections to support new market entries, expansions, and strategic investments. Analyze factors such as market size, competition, local regulations, and supply chain considerations.
Scenario Planning & Sensitivity Analysis: Provide scenario-based financial forecasts, sensitivity analyses, and risk assessments to evaluate the potential outcomes of different expansion strategies and commercial initiatives.
Global Expansion Support: Create and refine financial models to evaluate the viability of opening new factories in international markets. Analyze factors such as local costs, tax regulations, labor availability, logistics, and market opportunities to support decision-making.
Site Selection Analysis: Work closely with the operations and strategy teams to analyze the financial impact of potential locations for new factories. Evaluate capital investment requirements, operating costs, and potential returns for various geographies.
Commercial Analysis: Analyze business opportunities, pricing strategies, and profitability across products, customers, and regions to support business growth and the success of new manufacturing sites and new contracts and commercial initiatives.
Data Analysis & Insights: Collect, analyze, and interpret large sets of financial and operational data from business intelligence platforms and SQL databases to assess the performance of current operations and potential new locations.
Strategic Planning Support: Provide financial insights and strategic support for long-term business planning related to global manufacturing expansions. Collaborate with key stakeholders in finance, operations, and international teams.
Variance Analysis: Conduct variance analysis between actual and forecasted results, explaining key drivers related to new manufacturing operations and global expansions. Offer recommendations for course corrections and process optimizations.
Collaboration: Partner with cross-functional teams, including finance, sales, operations, and supply chain, to drive key business decisions related to factory openings and global operations.
Cost-Benefit Analysis: Conduct comprehensive cost-benefit analyses for new factory setups, expansions, or relocations. Evaluate costs related to labor, logistics, tariffs, taxes, and other factors in various global markets.
Risk Assessment: Identify potential financial risks related to global expansions, including currency fluctuations, political stability, regulatory challenges, and supply chain risks.
Performance Metrics: Monitor and evaluate key performance indicators (KPIs) to assess financial health and operational efficiency at both existing and new manufacturing locations.
Reporting: Use business intelligence tools to prepare and present detailed financial reports and dashboards for senior management, focusing on global expansion projects and new factory performance.
REQUIREMENTS:
- Familiarity with global manufacturing operations, including cost drivers, regulations, and market
dynamics in different regions.
- Strong understanding of financial statements, budgeting, and variance analysis.
- Excellent communication skills, both verbal and written, with the ability to simplify complex
financial information.
- Strong attention to detail, problem-solving skills, and the ability to work under tight deadlines.
- Experience in global manufacturing expansion projects and site selection.
- Knowledge of international regulatory environments, labor laws, and tax implications for
manufacturing.
- Proficiency in advanced financial software and business intelligence platforms (e.g., Power BI,
Tableau).
- Ability to influence decision-making through data-driven insights.
SUPERVISORY RESPONSIBILITIES: None
EDUCATION AND/OR EXPERIENCE:
- Bachelor’s degree in Finance, Accounting, Economics, or related field. Master’s degree (MBA) or
CFA certification is a plus.
- Minimum of 5-7 years of experience in financial analysis, with a strong focus on commercial
modeling and global expansion, particularly in the manufacturing industry.
- Expertise in financial modeling, forecasting, and data analysis tools (e.g., Excel, Power BI,
Tableau).
- Strong experience with SQL databases and proficiency in extracting and analyzing data from
complex datasets.
- Experience with ERP systems (e.g., SAP, Oracle, Acumatica, MS Dynamics) and data
visualization tools.
PHYSICAL DEMAND: The position is a sedentary job. The person must be comfortable sitting at a desk and typing.
WORK ENVIRONMENT: The work environment is a typical office environment.
TRAVEL REQUIREMENT: Not Required.
The above is intended to describe the general content of and requirements for the performance of this job. It is not to be construed as an exhaustive statement of duties, responsibilities, or physical requirements. Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
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