What are the responsibilities and job description for the Financial Planning Analyst (Labor) position at Daher?
Company Overview
DAHER is a leading aircraft manufacturer and industrial service provider with a strong commitment to innovation since its establishment in 1863. With approximately 14,000 employees and operations in 15 countries, Daher is dedicated to delivering value-added solutions to its aeronautical and industrial customers.
Summary
The FP&A Analyst specializing in Direct Labor Efficiency will play a key role in managing and analyzing labor costs and performance metrics to ensure efficient use of direct labor resources across the Stuart Plant. The role will involve data analysis, budgeting, forecasting, and providing insights into labor cost trends and efficiencies to improve business operations. The Analyst will collaborate closely with various departments to drive cost-effective labor strategies and performance optimization.
Key Responsibilities:
- Labor Cost Analysis: Analyze and track direct labor costs, working hours, and productivity. Identify trends, variances, and inefficiencies to provide actionable insights.
- Forecasting & Budgeting: Prepare and maintain labor cost forecasts and budgets, ensuring alignment with organizational goals. Provide input to financial planning for labor-related expenses.
- Performance Metrics: Develop and monitor key performance indicators (KPIs) related to direct labor efficiency, such as labor cost per unit, hours worked, and production output.
- Variance Analysis: Perform detailed variance analysis on labor costs, identifying reasons for deviations from budget or forecast. Provide recommendations to address inefficiencies.
- Cross-Functional Collaboration: Work closely with operations, HR, and production teams to gather data and ensure accurate reporting. Collaborate on labor optimization initiatives and cost control measures.
- Reporting: Prepare regular reports and presentations for senior management, summarizing labor efficiency metrics, trends, and actionable recommendations for improvement.
- Process Improvement: Identify opportunities for process improvements that can drive efficiencies in direct labor usage, recommending solutions to management.
- Ad-hoc Analysis: Provide ad-hoc analysis to support i) business decisions and ii) special projects related to labor efficiency.
- Systems Management: Ensure the integrity of labor cost data within financial systems, and recommend improvements in data collection or reporting processes.
Required Qualifications:
- Bachelor’s degree in Finance, Accounting, Economics, or a related field.
- Proven experience in financial analysis, with a focus on labor costs, direct labor efficiency, or manufacturing finance.
- Strong understanding of direct labor cost drivers and financial principles related to labor performance.
- Advanced proficiency in Microsoft Excel, including complex functions and pivot tables.
- Experience with financial planning software (SAP) and reporting tools.
- Strong analytical, problem-solving, and communication skills.
- Ability to work independently and manage multiple priorities.
- Detail-oriented with a focus on accuracy and data integrity.
Preferred Qualifications:
- 5 years of experience in FP&A or a similar analytical role.
- Familiarity with manufacturing or production environments.
Personal Attributes:
- Strong attention to detail and data accuracy.
- Ability to translate complex data into clear, actionable insights.
- Collaborative team player with the ability to work across departments.
- Strong organizational skills and time management.
- Ability to handle sensitive data and maintain confidentiality.
Job Type: Full-time
Pay: $70,000.00 - $85,000.00 per year
Benefits:
- 401(k) matching
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Schedule:
- 8 hour shift
- Monday to Friday
Application Question(s):
- What is your current work authorization to work in the United States?
Work Location: In person
Salary : $70,000 - $85,000
