Senior Financial Analyst

This rare professional opportunity offers challenges and significant career upside as the company continues its exciting, profitable growth. The company is seeking a highly motivated, up and coming Senior Financial Analyst to join their growing team. Reporting directly to the VP of Finance, this individual will play a key role in delivering relevant and timely financial reports, maintaining accurate inventory records as they relate to specific service offering costing and a host of other acquisition and integration related activities. The incoming hire will also contribute to the implementation of the Sage X3 ERP system. Part financial reporting, part cost accounting and part FP&A, this exciting role offers a career opportunity for broad exposure to several elements of the business.

Responsibilities

Month-End Closing and Reporting:

• Assist in the month-end closing process by preparing journal entries related to inventory, including adjustments for variances, obsolescence, and write-offs.
• Support timely and accurate accounting of receivables and payables in order to support timely month-end close
• Perform monthly account reconciliations and ensure accuracy of the balance sheet.
• Prepare monthly financial reporting and supplementary information, including facility and customer profitability reports.
• Prepare and present inventory cost reports, variance analyses, and other financial data to management, providing insights and recommendations for process improvements.

Inventory – Costing, Management, and Analysis:

• Perform detailed analysis of inventory costs, including material, labor, and overhead expenses, to ensure accurate product costing and profitability assessments.
• Oversee the purchase clearing process, ensuring accurate and timely reconciliation of purchase orders, receipts, and vendor invoices to maintain accurate financial records and prevent discrepancies.
• Reconcile inventory balances with physical counts, investigating and resolving discrepancies to ensure alignment between inventory records and actual stock levels.
• Monitor and analyze inventory turnover ratios, slow-moving items, and obsolete inventory, providing recommendations for improvement and cost-saving opportunities.

Acquisition Integration, Team Collaboration and Process Improvement:

• Support acquisition integration efforts associated including, standardizing chart of accounts, reviewing existing accounting policies, reconciling financial statements and producing new financial reports, assisting with purchase accounting and opening balance sheet calculations, etc.
• Collaborate with supply chain and warehouse teams to optimize inventory levels, reduce waste, and minimize carrying costs.
• Support the annual physical inventory process, including planning, coordination, and review of results to ensure accurate inventory valuation.
• Ensure compliance with internal controls and accounting policies related to inventory management, identifying areas for improvement and implementing corrective actions.

Audit and Controls Support:

• Assist with annual audit requests, providing necessary documentation & explanations.
• Assist with developing and implementing internal controls for key accounting and treasury functions

Qualifications

• Ideally 3-5 years cost accounting experience. Experience within the manufacturing, distribution, or logistics industry is beneficial, including oversight of standard costs and variances.
• Bachelor’s degree in accounting.
• Strong understanding of GAAP and financial reporting standards including how to apply them in real-time situations.
• Experience with ERP systems, particularly Sage X3, is a plus but not required.
• Expert level Excel user, its total functionality and robust financial modeling skills.
• Demonstrable analytical mindset and ability to make confident, fact-based decisions.
• Capable of working independently and as part of a team.
• Ability to work well in high pressure situations to meet deadlines.

• Industry

  • Transportation, Logistics, Supply Chain and Storage

• Employment Type

  Full-time

• Job Functions

  • Accounting/Auditing
  • Finance

• Skills

  • Infor Enterprise Resource Planning (ERP)
  • Financial Analysis
  • VBA Excel
  • Standard Costs
  • Generally Accepted Accounting Principles (GAAP)
  • Certified Public Accounting
  • Balance Sheet Review
  • Balance Sheets
  • Variance Analysis
  • Team