Financial Analyst

Overview

Finishing is on a mission to make the world safer, healthier, and more productive. Filtration Group- Finishing’s product line is the most comprehensive in the finishing industry. We are committed to excellence in quality, customer service, and product development, with in-house testing capabilities. Four global manufacturing plants provide advanced filtration solutions that have been specifically designed to meet spray booth needs in a wide variety of industries.

Finishing is part of Filtration Group. Filtration Group is a global market-leading provider of filtration consumables that drives innovation and delivers solutions across a broad spectrum of applications and end markets, with a focus on life sciences, indoor air quality, and industrial technologies.

We are seeking a Financial Analyst to join our growing team in our dynamic company. The Analyst will provide hands-on execution, administration, and oversight of the business function and will work to improve our strong financial analysis and compliance. The position will be a key member of the accounting and finance team. This position will report to the Senior Director of Accounting and Finance and will be based out of our Kenosha, WI location.

Responsibilities

• Partner with the Controller and business leaders to coordinate the planning and reporting processes for the group.
• Manage the critical aspects of monthly reporting; Establish and drive performance metrics to measure and evaluate progress towards strategic objectives across the organization.
• Provide analytical support on business performance via data-driven insights, including understanding commercial (e.g., markets, demand, pricing) and operational (e.g., cost, productivity, working capital) dynamics behind variance drivers.
• Continuously manage improvement of financial planning processes and systems.
• Participate in and/or lead ad-hoc projects alongside Controller and functional leaders.

Assist in the Development of a Robust Daily Reporting Process:

Implement tools and metrics to monitor daily financial / cost and commercial performance and key operational indicators (KPI’s)

Work towards continuous improvement of daily management processes to drive improved productivity, efficiency, and effectiveness.

Improve Forecast Accuracy Throughout the Site:

Collaborate with Controller, Commercial and Operational teams to contribute to the development of a Profit and Loss (P&L) forecast.

Provide analysis to support decision-making based on P&L projections.

Enhancing forecasting models and methodologies to improve overall accuracy through cross-functional collaboration with business units to gather data.

Monitor actual performance against forecasts and provide timely variance analysis.

Assist in Month-End Financial Close Process and Reporting:

Contribute to the month-end financial close process by preparing JE’s and reviewing accounts.

Collaborate with the accounting team to ensure timely and accurate financial reporting.

Assist in the analysis of month-end results and variance explanations.

Inventory Variance Improvement and Monitoring:

Monitor inventory variances, identify root causes, and implement corrective measures.

Collaborate with cross-functional teams to resolve discrepancies identified during cycle counting product consumption variance.

Review and maintain BOM to ensure accurate inventory valuation and consumption.

Qualifications

Bachelor's degree in Finance, Accounting, or related field.

3-5 years of FP&A and Accounting experience, including large company FP&A

Strong analytical skills with a focus on financial modeling and forecasting.

Preferred experience in an operations manufacturing environment

Proficient in Excel and ERP systems

Excellent communication and collaboration skills.

Must be able to commute to office location in Kenosha, WI.

More About Filtration Group

Filtration Group is on a mission to make the world safer, healthier and more productive. With a passionate workforce, global footprint and world class engineering and manufacturing capabilities, we are driving innovation and developing solutions across a broad spectrum of applications in the fast-growing and rapidly-evolving global filtration industry. We are committed to maintaining an entrepreneurial culture built on a foundation of trust and in which our leaders exhibit a strong bias for action.  

The Company began in 2009 and has rapidly grown organically and through a thoughtful acquisition strategy to be a global leader in the highly attractive filtration industry. Filtration Group has the broadest portfolio of solutions in the industry and has had a particular focus on building a leading platform of solutions focused on the Life Sciences and Indoor Air Quality end markets which are rapidly growing in the current market environment. Filtration Group produces mission critical products with high replacement rates. Over 80 percent of the Company’s revenue comes from replacement / consumable products, many of which are specified into customer’s products or processes. With revenues over $2 billion, Filtration Group is consistently recognized as the fastest growing and one of the largest filtration businesses in the world and has a global footprint of 141 facilities in 28 countries. Filtration Group has over 10,000 employees who are united in their Mission to make the world safer, healthier and more productive.