What are the responsibilities and job description for the Sr. Financial Analyst (Inventory Accounting and Cost Estimation) position at ATI?
Creating Long-Term Value Thru Relentless Innov ati on
ATI is a global manufacturer of technically advanced specialty materials and complex components. Our products support diverse markets and industries such as aerospace and defense, oil & gas, electrical energy, medical, automotive, and other industrial markets.
We are seeking to hire a Senior Financial Specialist to support both Cost Estimation and Inventory Accounting functions for our Specialty Materials business unit. This position will be based in Monroe, NC.
Primary Purpose of this Job
Employees in this position are responsible for analyzing and reporting financial data from manufacturing activities to determine the cost of conducting business. The position will help steer the profitability of the company by supporting manufacturing, sales and management with valuable financial information to help guide business decision and reduce product cost. He / she will be responsible for the completeness, accuracy, timeliness and quality of monthly, quarterly and annual cost reporting and analysis. Analysis includes, but is not limited to, inventory, labor and procurement cost.
Essential Functions (other duties may be assigned)
- Support month-end inventory close
- Perform reconciliations for assigned accounts
- Coordinate with Revert Management group for accurate valuation and count of revert material.
- Support inventory forecasting and variance explanation.
- Lead development of cost travelers working with product management.
- Assist with profitability and margin analysis.
- Prepare month end inventory reserves (Excess & Obsolete, Hedges, etc.), while engaging business to help drive reserve balances down.
- Be the "go-to" person for inventory related information for any financial information or analysis that is required.
- Drive process improvements within inventory accounting
- Assist with physical inventory as well as the cycle count program.
- Monthly / Quarterly reporting including scrap reporting and ABL.
- Assist in cost savings projects as needed
- Assist in audit requests
Basic Qualifications
Preferred Qualifications
ATI and its subsidiary companies will provide equal employment opportunities to all applicants without regard to applicant's race, color, religion, sex, gender, genetic information, national origin, age, veteran status, disability status, or any other status protected be federal or state law. The company will provide reasonable accommodations to allow an applicant to participate in the hiring process if so requested.
