Responsibilities
- Analyze and summarize financial closing data to deliver actionable insights to business units and executive leadership.
- Develop and maintain rolling financial forecasts for cost of goods sold, identifying deviations from plan and highlighting risks or opportunities.
- Oversee the monthly process for inventory reserves, including reconciliation and reporting.
- Prepare and manage month-end journal entries related to labor and overhead variances, inventory adjustments, purchase order discrepancies, and machine operations.
- Work closely with supply chain teams to execute cost-saving initiatives, ensure accountability, and monitor progress toward targets.
- Provide financial visibility into manufacturing, procurement, and logistics functions, emphasizing performance metrics and operational improvements.
- Contribute to supply planning within the integrated business planning cycle, particularly around cost of goods sold forecasting.
- Collaborate with procurement on establishing processes for tracking and forecasting material prices.
- Support innovation projects by conducting margin analysis and working with data teams to improve financial modeling.
- Lead the annual operating plan and monthly forecasting process for cost of goods sold, incorporating inputs from supply chain on bill of materials.
- Conduct economic evaluations for capital expenditures in supply chain and production facilities, ensuring sound financial justification.
- Lead and improve the obsolescence management program using data analytics to reduce waste.
- Partner with operations teams to define inventory key performance indicators and track initiatives aimed at reducing inventory levels.
- Redesign and enhance the existing margin tracking methodology to improve accuracy and insight.
- Deliver strategic cash flow projections to senior leaders, supporting decisions on resource allocation.
- Assess return on investment for operational capital projects to optimize company-wide cash utilization.
- Manage end-to-end financial processes for supply chain capital expenditures, including budgeting, tracking, forecasting, and reporting.
- Supervise, mentor, and guide a Senior Financial Analyst, prioritizing tasks and workflow efficiency.
- Compare actual financial outcomes against forecasts and plans, and recommend strategic adjustments.
- Evaluate the financial performance and profitability of new business ventures or programs.
- Collaborate with operations and demand planning teams to project future inventory levels.
- Report changes in working capital and capital expenditure spending to senior leadership.
- Strengthen internal controls related to SOX compliance in capital accounting, working alongside general accounting teams.
- Lead the design and implementation of an improved capital routing process.
- Prepare analytical insights for monthly executive leadership reports.
