Description The Financial Analyst is responsible for analyzing financial data, monitoring manufacturing costs, preparing financial reports, and supporting budgeting and forecasting activities. This position works closely with operations, production, purchasing, and management to help improve profitability, control costs, and support informed business decisions.
- Master Data Management – Visual
- Maintain and update master data within the Visual ERP system.
- Establish and maintain procedures for new SKU creation and activation.
- Ensure accuracy and consistency of product and operational data.
- Coordinate with production and other departments to ensure timely and accurate system updates.
- Product Costing
- Maintain and update resources and work centers, ensuring appropriate labor rates and costs are established.
- Review and maintain production rates to ensure accurate product costing.
- Maintain and validate Bills of Materials (BOMs) for accuracy and completeness.
- Support standard cost development and maintenance.
- Ensure consistency and alignment of standard costing methods across all production facilities.
- Analyze cost variances and identify opportunities for cost improvement.
- Labor Efficiency & KPI Reporting
- Develop, maintain, and monitor labor efficiency KPIs.
- Analyze actual labor performance against established standards.
- Identify labor productivity trends, inefficiencies, and areas for improvement.
- Provide regular reporting and analysis to support production management.
- Partner with operations to improve labor utilization and overall manufacturing efficiency.
Requirements
- Degree in Finance, Accounting, Business, or related field preferred.
- Experience in financial analysis, cost accounting, or manufacturing finance.
- Working knowledge of ERP systems; Visual ERP experience preferred.
- Understanding of standard costing, Bills of Materials, labor rates, and manufacturing processes.
- Strong Excel, analytical, and problem-solving skills.
- Ability to work collaboratively with Finance, Operations, and Production teams.