Financial Analyst - Temporary Assignment

About Us

Original Composites and Fiberglass is a global leader in glass reinforcement solutions for the composites industry. Recently separated from Owens Corning, we now operate independently under the Praana ownership model, continuing a strong legacy of innovation, manufacturing excellence, and customer partnership.

With more than 4,000 employees worldwide, we are committed to redefining what’s possible through a performance-driven culture centered on safety, quality, sustainability, inclusiveness, and employee development. Guided by our values of passion, ownership, and team spirit, we work together to deliver innovative solutions and exceptional service across the globe.

The Financial Analyst provides financial leadership to the Concord, NC fabrication facility. The position reports to the Plant Controller. The Financial Analyst is a dynamic leader and responsible for maintaining a controls environment that complies with the company’s internal control policies and Sarbanes Oxley. The position is an important part of the financial talent pipeline and serves as a feeder for larger plants as well as corporate roles.

1. Operations planning

• Participates in the development of operational objectives for the plant that are aligned to corporate and division strategic objectives.
• Leads proactive development of contingency plans, productivity improvement and corrective actions to ensure optimal facility financial results and shareholder value.

2. Financial and Operational Controls

• Ensures the internal controls environment is operating effectively in all areas including, data integrity, asset protection, segregation of duties, budgeting, financial reporting, information systems and adherence to corporate policies and governmental regulations (GAAP, SOX compliance, etc.)
• Leads and coach’s department NLTs to ensure that accountability for internal controls is clear and procedures documented.

• Leads the continuous sign off process and works with the department NLTs to modify procedures for changes in policy.

3. Reporting and analysis

• Key contributor in financial planning, budgeting and forecasting processes
• Prepares and delivers the plant financial forecasts and projections
• Monitors the plant’s monthly closing process in conjunction with the accounting team
• Provides in-depth analysis on variances to plan and forecast

• Provides risk analysis for contingency planning
• Primary purchasing and sourcing leader for the plant. Activities include issuing PO’s, resolving GRNI’s and Accounts Payable discrepancies.  Vendor selection, setup and terms negotiation.
• Create and validate costing for new material codes
• Complete MRP (SAP) inventory cycle counts -  monthly, quarterly and annually (offsite cycle counts are required)
• Review SAP inventory levels, perform analysis on usage and set reorder points
• Review and approve weekly primary workforce payroll (Kronos)

4. Improve plant profitability

• Leads actions in line with achieving targets, mitigating risk and prioritizing resource needs
• Leads proactive development of contingency plans, productivity improvement and corrective actions to ensure facility optimal financial results and shareholder value
• Provides insightful and competitive analytics that anticipate change and drive decision making
• Provides investment analysis
• Active participant in TPM though assigned pillar(s) by contributing accurate financial and loss data to influence decision making and facility improvements

5. Cross-functional leadership and team contribution

• Work across organization boundaries and all levels of the company to achieve plant, division or corporate objectives
• Shares best practices across division, i.e. process improvements, financial modeling and procedural changes.
• Aligns teams and resources in order to solve problems and drive results

• Bachelor’s degree in finance, accounting or relevant discipline required
• Providing high level analytical support within a manufacturing facility
• Delivering continuous improvement
• Participating in the development of strategic plans
• Demonstrated high growth in previous experience

• Strong financial acumen with understanding of key costing principles—understands P&L and balance sheet dynamics
• Demonstrated ability to effectively communicate financial results
• Ability to think strategically and work across business functions
• Must posses strong excel analytical skills
• SAP experience preferred

• Conducts himself/herself with the highest ethical standards
• Highly motivated and results driven with bias for proactive action
• Broad operating style, ability to adapt across cultures, environments and styles
• Freely states opinions providing input and feedback.  Expresses him/her self directly and candidly.

Equal Opportunity Employer

OCF is an Equal Opportunity Employer and considers all qualified applicants without regard to race, color, religion, sex, national origin, age, disability, veteran status, or any other protected status under applicable law.

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