What are the responsibilities and job description for the Senior Financial Analyst position at LHH?
LHH is helping a public diagnostics company hire a Senior Financial Analyst- Cost Accounting to support their growing organization. This position will own cost accounting activities, related reporting and analysis, and collaborate with manufacturing and supply chain leaders. Great opportunity to join a fast-growing public company with an outstanding team. Offices are in Palo Alto and they work hybrid (3 days/ week on-site). Target compensation is $115k-$135k base salary, plus bonus, and equity.
Primary Responsibilities:
- Support month-end and quarter-end close activities, account reconciliations, and fluctuation analysis.
- Lead cost of goods sold (COGS) analytics with a strong finance focus; develop and maintain detailed variance analysis.
- Manage monthly excess and obsolete (E&O) review meetings and collaborate with various departments to analyze inventory and make related entries.
- Plan, collect, and analyze data to drive standard cost revaluation processes; implement periodic cost updates with inputs from relevant departments; provide impact analysis for review and approval; investigate and resolve significant variances.
- Analyze standard and actual costs, materials, external costs, labor, and overhead costs for inaccuracies, and lead efforts to address root causes.
- Identify and maintain key metrics related to materials consumption and external costs to highlight operations performance and improve efficiency.
- Develop and maintain methodologies for calculating and applying material costs, labor costs, and overhead rates as required by generally accepted accounting principles.
- Assist with the coordination of the cycle count process and resolve discrepancies.
- Assist with the coordination of quarterly and/or annual physical inventories.
- Collaborate with various departments to ensure the accuracy of inventory costs for operations and research and development (R&D).
- Interact with internal and external auditors, provide various analyses and audit schedules, and ensure compliance with internal control procedures.
- Assist in developing processes and utilizing system enhancements to ensure inventory control and data accuracy; implement changes as needed.
- Prepare monthly and quarterly reports related to costing and inventory, as well as other ad hoc analyses and projects as needed.
Qualifications:
- 3-6 years of progressive relevant experience (audit with manufacturing clients or hands-on cost accounting experience)
- Bachelors in Accounting or Finance; advanced degree or CPA preferred
- Knowledge relating to inventory, manufacturing accounting, and related systems
Equal Opportunity Employer/Veterans/Disabled
The Company will consider qualified applicants with arrest and conviction records
To read our Candidate Privacy Information Statement, which explains how we will use your information, please visit https://www.lhh.com/us/en/privacy-policy/
Salary : $115,000 - $135,000
