What are the responsibilities and job description for the FP&A Senior Analyst position at Pennex Aluminum Company?
The Senior FP&A (Financial Planning and Analysis) Analyst plays a critical role in financial decision-making within the company.
The qualified candidate can live in the greater Leetonia, OH area with travel to the Pennex sites frequently.
Reporting to the Director of Financial Planning and Analysis, Extruded Products, will support the strategic objectives of the organization by providing quality information and maintaining efficient and effective financial reporting.
This position will provide analysis to ensure effective decision making and a clear picture of what is driving performance.
Financial Planning and Forecasting:
Developing and maintaining financial models to aid in budgeting, forecasting, and long-term strategic planning.
This involves analyzing historical data, market trends, and operational metrics to predict future performance.
Budgeting and Variance Analysis:
Assisting in the annual budgeting process by working closely with department heads to establish financial targets and objectives.
Monitoring actual performance against budgeted targets and identifying variances, providing insights into the reasons behind discrepancies.
Generating regular and ad-hoc financial reports for senior management, providing key insights and analysis to support decision-making.
Presenting complex financial information in a clear and concise manner.
Capital project evaluation, allocation and auditing
Financial Analysis:
Conducting in-depth analysis of financial and operational data to identify trends, opportunities, and areas for improvement.
This may involve profitability analysis, cost-benefit analysis, pricing analysis, and other financial assessments.
Creating financial forecasts based on various scenarios and assumptions to evaluate the potential impact of different business decisions.
Collaborating with other departments such as sales, marketing, operations, and HR to understand their financial needs and provide analytical support.
Acting as a trusted advisor to business stakeholders, offering insights to drive performance improvement.
Process Improvement:
Identifying opportunities to streamline financial processes, improve efficiency, and enhance the quality of financial reporting and analysis.
Risk Management:
Assessing financial risks and supporting the development of strategies to mitigate them.
This may involve evaluating currency risk, interest rate risk, credit risk, and other financial exposures.
Regulatory Compliance:
Ensuring compliance with financial regulations and accounting standards, such as GAAP (Generally Accepted Accounting Principles) and SEC (Securities and Exchange Commission) requirements.
Providing support during audits and financial reviews.
Mentoring and Guiding Junior Members:
Mentoring and guiding junior members of the FP&A team, providing training and support to help them develop their skills and expertise.
Requirements:
Bachelor's degree in finance, accounting, economics, or a related field.
Professional certifications such as CFA (Chartered Financial Analyst) or MBA (Master of Business Administration) will be advantageous.
Experience:
Five to seven years of experience in financial analysis and planning.
Skills:
Proficiency in financial modeling and data analysis tools (such as Excel, PowerPoint, and financial planning software).
Benefits:
Medical, dental and vision insurance.
Disability and life insurance.
Generous allotment of paid vacation and paid holidays.
Competitive wages plus performance-based bonus opportunities.
Employee Assistance Program (EAP).
Ongoing training and professional development.
Relocation package may be available.
About Us:
Celebrating 50 years in 2024, MX Holdings is a global leader in the purchasing, processing, and manufacturing of non-ferrous metals, primarily Aluminum.
Enabled by our breadth of experience and deep expertise, we are proud to deliver top-quality products and services to customers across our family of brands including Metal Exchange and Pennex.
Safety:
Whether its driving innovation within our industry, making the impossible possible for our customers, providing a safe, respectful workplace for employees or supporting our local communities, our purpose is clear.
Our Commitment to Inclusion:
We welcome people of different backgrounds, abilities and perspectives.
To ensure our business and culture continue to be inclusive of all people, we never discriminate on the basis of race, religion, national origin, gender identity or expression, sexual orientation, age or marital status, veteran or disability status.
