Financial Analyst Intern

Varex Imaging Corporation•Salt Lake City, UT

About The Position

Varex Imaging is a global leading innovator and manufacturer of X-ray imaging products that is expected to grow significantly over the next several years. With more than 70 years of product innovations and numerous global customers that depend on this innovation and manufacturing scale for their success, Varex is well positioned to grow creating a need for strong Financial Analysts. Based in Salt Lake City, this position is considered part of the Financial Planning and Analysis (Decision Support) team. The main responsibility of the Financial Analyst will be to provide financial analysis support to our X-ray imaging business management team. Included in this responsibility will be opportunities to support investment analysis around new growth, partnering with the business to evaluate pricing and profitability at the business, customer, and product level, and provide support to our manufacturing accounting team. The successful candidate will proactively seek to interface with business support functions including tax, treasury, accounting, supply chain, and manufacturing. Finally, and most importantly, the successful candidate will be able to learn quickly and utilize effective communication skills. Typical activities the Financial Analyst will be expected to do include: Supporting the financial close process for total company operating expense cost stack Working with Financial Analysis Managers and the VP of FP&A to understand monthly results and seek explanations from business area leaders. Improve reporting by automating common monthly reports and enabling quick turnaround Providing specific financial analysis support for: New product introductions and pricing Using extensive knowledge of product costs/cost standards, develop a cost-to-serve model for various products and customers Evaluate manufacturing overhead costs as it relates to production capacity and product costs Improving the reporting capabilities of the business by: Leveraging excel-based tools to provide pricing and margin analysis Identifying areas for automation and proactively partnering with IT to develop in-house tools or data warehouses Work side-by-side with the business teams and IT on creating new tools to automate reporting Working closely with the business management team to anticipate areas of concern or opportunity Working closely with accounting to improve overall close time and efficiency

Requirements

Candidate must currently be actively in pursuit of an undergraduate degree from an accredited institution
Familiarity with Microsoft Excel

Responsibilities

Support the monthly financial close process
Partner with the business on a daily and weekly basis to support management’s operating goals
Support the annual budget process for all business areas
Develop Excel and IT-based financial reporting tools and enhance overall analytical capability
Support ad hoc financial analysis requests from the VP FP&A
Develop an understanding of Varex product cost standards and cost accounting
Utilize SAP, BPC and other reporting tools