What are the responsibilities and job description for the SENIOR FINANCIAL ANALYST position at Direct Staffing Inc?
Company Description
Manufacturing / Finance
Job Description
SENIOR FINANCIAL ANALYST
5 to 7 years experience
SUMMARY: Develops, interprets, and implements complex financial and accounting concepts, or techniques for financial planning and control.
ESSENTIAL DUTIES: Analyzes financial information to determine present and future financial performance. Identifies trends and recommends improvements accordingly.
• Evaluates complex profit plans, operating records, and financial statements.
• Directs preparation of studies, reports, and analyses in areas such as budgets, forecasts, financial plans, governmental requirements, statistical reports, cash flow projections, and business forecasts.
• Interprets and applies corporate financial policies, government legislation, and accounting theory.
• Establishes databases of pertinent information for use in analyzing future plans and forecasts.
• Makes recommendations to management regarding cost saving or profit generating opportunities and profitability improvement strategies.
• Coordinates with all levels of management to gather, analyze, summarize, and prepare recommendations regarding financial plans, acquisition activity, new business planning, trended future requirements, government requirements, and operating forecasts.
• Researches and prepares economic reports on subjects such as rate of return, depreciation, working capital requirements, investment opportunities, investment performance, and impact of governmental requirements.
SPECIFIC PROJECTS OF FOCUS
• Perform analysis of customer accounts, products, market segments, etc. as required by management
• Perform month-to-month pro forma budgeting for the organization, as well as foreign subsidiaries
• Analyze customer contracts and implement accrual accounting required for special allowances
• Provide analytical support to management through a recapitalization of its existing financing arrangements
• Assist in re-calculating the company's standard costing system
QUALIFICATIONS: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.
Education/Experience: Bachelor’s or Master's degree (M. A.) or equivalent;
- 4 to 10 years related experience and/or training; or equivalent combination of education and experience.
Skills & Proficiencies:
• Language Ability: Ability to read, analyze, and interpret common scientific and technical journals, financial reports, and legal documents. Ability to respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community.
• Math Ability: Ability to apply advanced mathematical concepts such as exponents, logarithms, quadratic equations, and permutations. Ability to apply mathematical operations to such tasks as frequency distribution, determination of test reliability and validity, analysis.
• Reasoning Ability: Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
• Advanced skills working with accounting systems
• Advanced computer skills
SCREENING QUESTIONS
Does the candidate have experience in a manufacturing environment?
Does the candidate have at least 5 years of relevant work history?
Has the candidate been exposed to trend analysis and business forecasting?
Has the candidate work in an environment where there were multiple companies or subsidiaries?
IDEAL CANDIDATE
The ideal candidate will bring 4 to 7 years of related work experience (manufacturing environment preferred).
Will have possibly started their career as an auditor and then progressed his/her career path to including Accounting, Financial Analyst I or II and is now looking for the next step on their path to becoming a Manager of FP&A or Director level.
Candidate needs to be high energy; not afraid to take action, draw conclusions from the data and make recommendations. Should have a proven history of business forecasting and budgeting.
Additional Information
All your information will be kept confidential according to EEO guidelines.
Direct Staffing Inc