Summary: The Senior Financial Analyst is responsible for providing detailed financial and cost accounting analysis to the Company and its foreign subsidiaries. This individual will work with finance department and business functional teams to provide financial insight and leadership, and to drive improved operational and financial performance.
Essential Duties and Responsibilities:
Preparation and analysis of monthly financial statements and presentations. Working closely with operations to explain monthly, YTD business activity, and significant variances to budget.
Consolidate and analyze financial data (budgets, income statement forecasts, etc.) providing monthly variance and trend analysis to help tell the story behind the numbers. Track and analyze performance against the financial plan, forecast and prior year.
Responsible for the ongoing analysis of inventory and cost of goods sold including the review of standard costs, bill of material cost rolls, manufactured versus purchased material.
Assist in setting standard costs, and analyzing manufacturing, material and engineering variances.
Provide financial leadership in ongoing process development, documentation, conversion and implementation of a cost accounting systems and controls.
Analysis of direct manufacturing and overhead cost with the objective of reducing cost or assisting Operations with more effective return on investments.
Complete Sales and Manufacturing focused financial modeling to analyze profitability of business opportunities and return on capital investments, making recommendations to reduce costs and improve financial performance.
Analyze and report on various Manufacturing key performance indicators.
Develop financial models, conduct benchmarking and process analysis.
Conduct business studies on past, future and comparative performance and develop forecast models.
Track and determine financial status by analyzing actual results in comparison with forecasts.
Assist Operations in developing capital expenditure requests, including returns on investment, payback, etc.
Drive process improvement and policy development initiatives that affect the company.
Provide support and guidance to our Managers to assist in analyzing and understanding financial reports.
Support senior leadership with ad-hoc information requests and projects during the annual budget process and throughout the year.
Prepare annual plan and monthly forecasts
Identify and drive continual process improvement leveraging best practices, standardization and automation to scale processes
Knowledge, skills and/or abilities:
Microsoft Excel and Access
Microsoft Office Suite
ERP systems (specifically Infor M3)
Thorough knowledge of full cycle of accounting transactions up to and including the production of financial statements
Understanding and background of integrated financial and reporting systems.
Proficiency in data analysis, including knowledge of database concepts,
Proficiency in data analysis, including knowledge of database concepts
(High-level) problem solving and analytical skills.
Excellent ability to manage multiple priorities
Ability to communicate with broad levels of the organization
Self-motivated and success oriented
Natural curiosity and internal drive to understand interrelationships and impacts of/on business operations.
Education and/or Experience:
BS in business, finance and/or accounting required; CPA/CFA and/or MBA preferred.
5+ years’ relevant career experience to include general finance and accounting responsibilities, budgeting & reporting, financial analysis, ROI, EVA and other methods for analyzing business results and decisions
Experience mining data from multiple sources
Experience working in small to midsize corporate environments
Experience with the manufacturing or capital equipment industry is strongly suggested
Internal Number: 18045
About Columbia Machine, Inc.
Established in 1937, Columbia Machine, Inc. is a 4th generation, privately held, family owned business with customers in over 100 countries around the world. We have operations on five continents, manufacturing facilities on four and a global workforce of over 1000 team members. Our specialized and strategically located teams allows us to work with and service customers from small entrepreneurial start-ups to Fortune 500 companies. Headquartered in Vancouver, WA. Columbia Machine, Inc. through innovation and dedication has become one of the industry leaders in the engineering, manufacturing and innovative factory automation solutions.