Financial Analyst

Overview

The Financial Analyst plays a key role in enhancing manufacturing performance through advanced cost and productivity analytics. Reporting to the Costing Manager, this role bridges costing, production, and supply chain functions to deliver sharper insights into operational efficiency, materials utilization, and inventory management.
The position focuses on improving visibility and control over WIP (Work in Process), semi-finished goods, and finished goods — with the ultimate goal of shortening lead times, optimizing resource use, reducing waste, and strengthening the bottom line.

Key Responsibilities

1. Cost and Productivity Analytics

• Refine current cost analysis frameworks to identify key productivity drivers, inefficiencies, and cost variances across manufacturing operations.

• Develop dashboards and analytical tools that integrate cost, inventory, and productivity data for management reporting.

• Lead deep-dive analytics on material usage, yield, and production efficiency to recommend cost-saving initiatives.
• Support the cost manager in developing cost models that align operational performance with financial results.

1. Manufacturing Performance Improvement

• Collaborate with operations and planning teams to streamline production processes and eliminate non-value-added activities.
• Analyze workflow bottlenecks to reduce cycle time and enhance throughput.
• Propose data-driven solutions to improve machine utilization, labor productivity, and process flow.
• Drive cross-functional continuous improvement initiatives that directly impact manufacturing performance and cost efficiency.

1. Inventory and Materials Management

• Build visibility across the full inventory chain - from raw materials to finished goods - and identify opportunities to control on materials consumption, write-offs, and returns to prevent loss and ensure data accuracy.
• Partner with Quality team and warehouse teams to optimize stock levels and ensure timely material availability for production.

1. Inter-Company Transactions & Cost Adjustments

• Review and reconcile inter-company purchase flows, transfers, and related adjustments to ensure accuracy in cost attribution.
• Automate and standardize the reporting across plants and business units.
• Monitor the financial impact of material write-offs and reclassifications, ensuring meeting GAAP requirement.

1. Data, Reporting & Insights

• Present insights and recommendations to senior management on trends, cost performance, and improvement opportunities.
• Ensure data consistency across ERP systems and internal reports to support timely, informed decision-making.

Qualifications

• Demonstrate passion for costing and productivity analytics, paired with a results-driven, can-do attitude and a hands-on approach to engaging cross-functional teams to turn insights into measurable improvements
• Bachelor's degree in Industrial Engineering, Finance, Manufacturing, or related field (Master's or MBA preferred).
• 10+ years of experience in manufacturing cost analysis, productivity improvement, or operations analytics.
• Strong understanding of cost structures, WIP control, and inventory accounting in a manufacturing environment.
• Advanced analytical and reporting skills using tools such as Power BI, Tableau, Excel, or SQL. Experience with ERP systems (SAP, Oracle, or equivalent) and manufacturing data models.
• Proven ability to translate complex data into actionable operational and financial insights. Excellent problem-solving, communication, and cross-functional collaboration skills.

Key Performance Indicators (KPIs)

• Reduction in WIP and total inventory value.
• Shortened production cycle and lead times.
• Increased material yield and lower write-off rates.
• Improved accuracy of cost and variance reporting.
• Demonstrated improvement in manufacturing productivity and COGS efficiency.

Pay Range:  $80,000-$90,000