Careers

Financial Analysis Director

Location: Canton

The Financial Analysis Director is responsible for overseeing the financial planning and analysis function within the organization. This position involves the development of budgets, forecasts, financial models, and performance analyses to support strategic decision-making. Working closely with senior leadership, the Financial Analysis Director will drive financial performance, improve profitability, and ensure the company's financial health and sustainability. Strong leadership, analytical, and communication skills, as well as the ability to collaborate across departments, are essential for this role.

Essential Duties/Responsibilities:

• Lead the annual budgeting process, quarterly forecasts, and long-range planning
• Create and maintain complex financial models to support strategic initiatives
• Provide strategic recommendations based on financial analysis and projections
• Supervise cost accounting functions, including product costing, inventory valuation, and variance analysis
• Collaborate with senior leadership to develop and implement financial strategies and initiatives
• Offer financial analysis and insights to support strategic business decisions, including mergers and acquisitions and capital expenditures
• Prepare business cases for new projects and initiatives

Financial Analysis and Reporting:

• Analyze financial results and performance against budget, forecast, and prior periods
• Prepare and present monthly, quarterly, and annual financial reports to senior management and the board
• Identify trends, risks, and opportunities through financial data analysis
• Develop and maintain financial models to support budgeting, forecasting, and long-term planning
• Analyze variances between actual results and budget/forecast, providing explanations and recommendations for corrective actions
• Manage the development of rolling forecasts and financial projections
• Conduct variance analysis and provide actionable insights to management
• Analyze financial performance and prepare reports and tools for business efficiency

Business Partnering:

• Collaborate with department heads to understand key business drivers and their impact on financial performance
• Provide financial insights and guidance to support operational decision-making
• Assist in the development of business cases for new projects and investments
• Implement and maintain financial systems and processes to improve accuracy and efficiency in financial reporting
• Develop key performance indicators (KPIs) and metrics to monitor the company’s financial performance
• Coordinate with relevant teams to analyze and optimize capital expenditures
• Create operational tools for department leaders to enhance efficiency
• Collaborate with cross-functional leaders to provide financial insights and recommendations

Team Leadership and Development:

• Manage, mentor, and develop the FP&A team
• Provide training and guidance on FP&A principles and procedures
• Review and verify the team’s contributions for accuracy and compliance
• Conduct performance evaluations and provide ongoing feedback and coaching

Process Improvement:

• Drive continuous improvement in financial planning and analysis processes
• Implement best practices and tools to enhance reporting efficiency and accuracy
• Lead initiatives to automate and streamline financial processes
• Ensure alignment and collaboration within the finance team and organization

Partnership with Accounting:

• Collaborate closely with the Accounting department on financial reporting and compliance
• Coordinate month-end and year-end closing activities for accurate and timely financial reporting
• Lead budgeting and forecasting processes, ensuring accuracy and alignment with strategic goals

Qualifications:

• Bachelor's degree in Finance, Accounting, Business Administration, Management, or a related field; MBA or advanced degree preferred
• Minimum of 5 years' experience in financial planning and analysis, preferably in a manufacturing environment
• Expert-level Excel user with extensive experience in financial modeling, data analysis, and predictive modeling
• Proficiency in data analytics tools and techniques, database management, and reporting systems (ERP, PowerBI, Tableau, etc.)
• Excellent communication and presentation skills with the ability to translate complex data into actionable insights
• Analytical mindset with strong problem-solving skills
• Detail-oriented with a focus on accuracy and quality
• Collaborative approach with the ability to work effectively across departments
• Strategic thinker, capable of contributing to the broader business strategy
• Strong leadership and interpersonal skills
• Ability to analyze data and generate meaningful insights
• Flexible, resilient, and adaptable to a continuously growing and evolving organization