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Financial Analyst
$72k-88k (estimate)
Full Time 3 Months Ago
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Trelleborg Applied Technologies - Boston is Hiring a Financial Analyst Near Randolph, MA

The Financial Analyst is responsible for financial reporting and analysis to management in order to drive continued operational improvement. This role will develop and maintain all product standard costs, monitoring inventory transactions to ensure accruate reporting, and perform month end close task including monthly reporting package. This position will work closely with operations to understand and explain major variances from standard cost.

1. Tasks and Responsibilities

· Complete analysis and communication of major deviations from standard cost.

· Monitor process order variances and related inventory transactions.

· Maintain and update product standard cost in SAP.

· Coordination and summarization of month-end reports for plant variances and other P&L related reports.

· Maintain the cost records for product changes/updates.

Prepare cost estimates for new products and cost variations of existing products.

  • Month-end accounting close including journal entry preparation, inventory reconciliation, capital spending, and reporting.
  • Direct annual product cost revisions of BOM’s and routings for all products.
  • Develop new reporting mechanisms to meet dynamic needs of the plant.
  • Prepare ongoing daily/weekly/monthly reporting.
  • Prepare for internal controls audit
  • Assist with annual planning activites as assigned.
  • Other duties as assigned by immediate supervisor.

2. Education and Experience

· Minimum Bachelors degree in Accounting from accredited College/University or equivalent background/experience

· MBA or CMA certification is a plus

· Analytical skills critical

· 3-5 years Manufacturing Accounting experience.

· Prior experience with SAP highly desired.

3. Competencies

  • Excellent communication skills with the desire to work in a team environment to improve operational results.
  • Advanced analytical skills with the ability to quickly translate data into information.
  • Ability to interact and influence personnel in other departments in order to achieve mutually desired outcomes.
  • Effectively manage both personal and team projects.

4. Key Interfaces and Stakeholders

· Interaction with all levels of the organization to effectively understand the critical drivers of operational performance.

· Need to develop close working relationship with operations, technical, purchasing, material control, and new product development functions.

5. Geography to cover and travel requirements

· Current responsibility will be local

· Estimated travel to be minimal (less than 10%)

6. Behavioral Characteristics

The ideal candidate for this position will be a proactive self-starter with strong communications skills and the ability to work multiple departments and levels of the organization. The candidate should have the ability to identify problems and develop ideas and solutions for improvement.

The ideal candidate should be able to prioritize responsibilities, as daily tasks must be aligned with reporting deadlines. Good organizational skills and ability to work within a team environment is also desired. Integrity is critical to role as reporting auditable financial results is the foundation of sound management decisions.

Job Type: Full-time

Pay: From $90,000.00 per year

Benefits:

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Disability insurance
  • Employee assistance program
  • Health insurance
  • Health savings account
  • Life insurance
  • Paid time off
  • Tuition reimbursement
  • Vision insurance

Physical setting:

  • Office

Schedule:

  • 8 hour shift

Ability to Relocate:

  • Randolph, MA 02368: Relocate before starting work (Required)

Work Location: In person

Job Summary

JOB TYPE

Full Time

SALARY

$72k-88k (estimate)

POST DATE

01/10/2024

EXPIRATION DATE

05/10/2024

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The job skills required for Financial Analyst include Analysis, Accounting, Planning, Financial Reporting, Life Insurance, Integrity, etc. Having related job skills and expertise will give you an advantage when applying to be a Financial Analyst. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Financial Analyst. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Financial Analyst positions, which can be used as a reference in future career path planning. As a Financial Analyst, it can be promoted into senior positions as a Financial Analyst III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Financial Analyst. You can explore the career advancement for a Financial Analyst below and select your interested title to get hiring information.

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If you are interested in becoming a Financial Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Financial Analyst for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Financial Analyst job description and responsibilities

Broadly speaking, a financial analyst works with financial data to help organizations make business decisions.

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Build financial models to perform financial forecasts, predict business scenarios, and provide other data analysis to help make business decisions.

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Every financial analyst’s job will hold different responsibilities depending on their specialty and where they work.

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They often develop and execute complex methodologies that enable them to generate useful pointers from the financial data and problem statements that their clients provide.

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Financial analysts who have little to no professional experience are responsible for gathering data, financial modeling and creating or maintaining spreadsheets.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Financial Analyst jobs

To become a senior or junior level financial analyst, one may be required to earn a Master’s of Business Administration.

12/07/2021: Baltimore, MD

Obtaining a finance degree (bachelor’s or MBA) and working towards becoming a financial analyst requires the development of skills, expertise, and specific abilities.

03/03/2022: Omaha, NE

To be a financial analyst, one should be good with numbers, comfortable presenting research, analytical, and have great ability to research large amounts of data and pay attention to small details.

12/27/2021: Youngstown, OH

Earning a finance degree and taking the steps to become a financial analyst requires specific abilities and the development of specialized skills.

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With relevant work experience and appropriate training, finance students can become equipped to pursue the path of becoming a financial analyst.

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Step 3: View the best colleges and universities for Financial Analyst.

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