What are the responsibilities and job description for the Financial Planning and Analysis Associate position at Arning Companies?
Arning Companies, Inc. is seeking a highly motivated and detail-oriented Financial Planning & Analysis (FP&A) Associate to join our growing finance team. This role will be integral in supporting the financial planning, forecasting, reporting, and analysis activities for our manufacturing and construction operations. The ideal candidate will have a strong understanding of financial principles, excellent analytical skills, and the ability to translate complex data into actionable insights. This is an excellent opportunity for a proactive individual to contribute significantly to the financial health and strategic decision-making of a dynamic manufacturing organization.
Key Responsibilities:
- Budgeting & Forecasting:
- Lead the preparation of annual budgets and rolling forecasts.
- Develop financial models to support long-term planning and cost projections.
- Financial Analysis & Reporting:
- Analyze financial data to identify trends, variances, and areas of improvement.
- Prepare monthly, quarterly, and annual financial reports for management.
- Track key performance indicators (KPIs) related to production costs, margins, and operational efficiency.
- Cost Analysis & Variance Reporting:
- Evaluate manufacturing costs, including materials, labor, and overhead.
- Conduct variance analysis (actual vs. budget/forecast) and provide insights on cost drivers.
- Support inventory and production cost analysis to improve cost efficiency.
- Operational & Business Support:
- Work closely with operations, supply chain, and plant teams to provide financial insights.
- Assist in pricing analysis and margin optimization efforts.
- Support decision-making on capital expenditure (CapEx) and investment projects.
- Data & Process Improvement:
- Improve financial processes and reporting accuracy.
- Utilize ERP systems (SAP, Oracle, Genius) and business intelligence tools (Power BI, Tableau) for data analysis.
- Automate reporting processes to enhance efficiency.
Qualifications & Skills:
- Education: Bachelor’s degree in Finance, Accounting, Economics, or a related field.
- Experience: 2 years of experience in financial planning & analysis, preferably in a manufacturing environment.
- Technical Skills:
- Strong Excel and financial modeling skills.
- Experience with ERP systems (SAP, Oracle, Genius) and data visualization tools (Power BI, Tableau).
- Understanding of cost accounting principles and financial reporting.
- Soft Skills:
- Analytical mindset with strong problem-solving skills.
- Ability to communicate financial insights effectively to non-finance stakeholders.
- Detail-oriented with a proactive and self-driven approach.
Benefits:
o Competitive wage for qualified individual
o Paid vacation
o Floating holiday
o Medical, dental and vision benefits
o Life and short-term disability insurance
o 401K
Job Type: Full-time
Benefits:
- 401(k)
- Dental insurance
- Employee assistance program
- Health insurance
- Life insurance
- Paid time off
- Referral program
- Vision insurance
Schedule:
- 8 hour shift
- Monday to Friday
Work Location: In person
