What are the responsibilities and job description for the Operations Financial Analyst position at Weir Group?
Operations Financial Analyst
Weir ESCO
On-Site/ Hybrid Bucyrus, OH
Purpose of Role: Work closely with Site Manager and operation leadership, provide analysis and participate in setting up targets and incentives that link financial reports to business strategies. Building partnerships and maintaining strong relationships with all other department managers and their teams.
Why choose Weir:
Be part of a global organization dedicated to building a better future: At Weir, the growing world depends on us. It depends on us constantly reinventing, quickly adapting and continually finding better, faster, more sustainable ways to access the resources it needs to thrive. And it depends on each of us doing the best work of our lives. It’s a big challenge – but it is exciting.
An opportunity to grow your own way: Everything moves fast in the dynamic world of Weir. This creates opportunities for us to take on new challenges, explore new areas, learn, progress and excel. Best of all, there is no set path that our people must take. Instead, everyone is given the support and freedom to tailor-make their own career and do the best work of their lives.
Feel empowered to be yourself and belong: Weir is a welcoming, inclusive place, where each individual’s contribution is recognized and all employees are encouraged to innovate, collaborate and be themselves. We continually focus on people and their wellbeing. We believe in fairness and choose to be honest, transparent and authentic in everything we do.
Be part of a global organization dedicated to building a better future: At Weir, the growing world depends on us. It depends on us constantly reinventing, quickly adapting and continually finding better, faster, more sustainable ways to access the resources it needs to thrive. And it depends on each of us doing the best work of our lives. It’s a big challenge – but it is exciting.
An opportunity to grow your own way: Everything moves fast in the dynamic world of Weir. This creates opportunities for us to take on new challenges, explore new areas, learn, progress and excel. Best of all, there is no set path that our people must take. Instead, everyone is given the support and freedom to tailor-make their own career and do the best work of their lives.
Feel empowered to be yourself and belong: Weir is a welcoming, inclusive place, where each individual’s contribution is recognized and all employees are encouraged to innovate, collaborate and be themselves. We continually focus on people and their wellbeing. We believe in fairness and choose to be honest, transparent and authentic in everything we do.
Key Responsibilities:
- Responsible for high-quality reporting and planning, including but not limited to daily and weekly key financial metrics reporting and projecting; Coordinate review meetings with the management team; Being efficient in standard reporting and what-if / Ad hoc analysis for management reporting purposes; Independently performing the Month-end close within a strict timeline, besides remote support from divisional financial and Weir Business Services (WBS).
- Standard cost rates set annually based on a high-quality budget; Review BOM and Routing with the production team. Ensure Oracle standard costs are accurate and up to date; Investigate system issues and resolve root causes through teamwork and coordinate with related resources.
- Facilitate on-site discussions so that the quarterly forecast update/the annual budget is completed promptly, including meaningful targets and incentives established by the team; Provide updates and feedback on action items’ progresses timely; Assist site manager with PowerPoint presentations including explicit financial or non-financial drivers, quantifying risks and opportunities using financial data.
- Improve the impact, and understanding, of financial reporting on business performance. Coaching and promoting a cost-conscious culture.
- Be able to utilize technology (e.g., Oracle, Data warehouse query, Power BI, and OneStream) to collect data; Gain a robust understanding of the operation process by regularly visiting the shop floor, interviewing frontline workers, and participating in on-site Kaizen projects to gain knowledge of business drivers behind the financial numbers.
- Work with Divisional Finance, local Supply Chain, HR, and Production Scheduling team, to monitor, track and improve inventory management, including RMI, WIP, FGI, and Store inventories (maintenance spare parts).
- Find opportunities to improve current processes through resolving ad-hoc issues, document controls, revised processes and procedures related to manufacturing accounting, and ensure IFRS compliance.
- Safety First: Demonstrate 100% commitment to our zero harm behaviors in support of our drive towards developing a world class safety culture.
Job Knowledge/Education and Qualifications:
- Bachelor’s degree in Finance/Accounting or equivalent experience in Account and Finance will be considered
- 2 years’ financial analysis, Inventory or accounting experience; directly working in a manufacturing industry would be a plus
- Requires proficiency with MS Office (Outlook, Word, Excel, PowerPoint), including strong Excel skills
- Experience with Oracle, Hyperion, Power BI, and OneStream is a plus
Founded in 1871, Weir is a world leading engineering business with a purpose to make mining operations smarter, more efficient and sustainable. Thanks to Weir’s technology, our customers can produce essential metals and minerals using less energy, water and waste at lower cost. With the increasing need for metals and minerals for climate change solutions, Weir colleagues are playing their part in powering a low carbon future. We are a global family of 11,000 uniquely talented people in over 60 counties, inspiring each other to do the best work of our lives.
Weir is committed to an inclusive and diverse workplace. We are an equal opportunity employer and do not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, veteran status, disability, age, or any other legally protected status.
Weir is committed to an inclusive and diverse workplace. We are an equal opportunity employer and do not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, veteran status, disability, age, or any other legally protected status.
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