Financial Analyst

Salzgitter Konzern•New Berlin, WI

About The Position

The Financial Analyst will provide a primary role in supporting cost analysis, inventory analysis, and profitability reporting. This position partners closely with Operations, Supply Chain, Engineering, and accounting teams to maintain and improve costing processes, provide actionable business insights, and support strategic decision-making. The ideal candidate will possess strong analytical skills, manufacturing finance experience, and the ability to translate complex financial data into meaningful recommendations that improve operational performance and profitability.

Requirements

A bachelor’s degree in accounting, finance, or related field
A minimum of 3+ years of finance experience, with experience related to financial reporting, budgeting, resource allocation processes, and long-term strategic planning.
Strong understanding of standard costing, inventory accounting, variance analysis, and financial reporting.
Knowledge of GAAP and internal control practices.
Strong organizational skills, with a demonstrated ability to see projects to completion and ensure accuracy and precision.
Motivated individual with strong communication skills. A track-record of thriving in an agile, entrepreneurial environment is also important.
Proficient in Excel and PowerPoint

Nice To Haves

SAP, Power BI and Alteryx

Responsibilities

Maintain and enhance standard costing systems, including material, labor, and overhead cost structures.
Analyze manufacturing variances, cost of goods sold (COGS), labor efficiencies, and product profitability.
Evaluate financial impacts of product design changes, material substitutions, supplier changes, and process improvements.
Partner with Operations and Supply Chain teams to improve cost accuracy, inventory management, and gross margin performance.
Prepare and analyze monthly cost reports, identifying key trends, risks, and opportunities.
Support month-end and year-end close activities related to inventory, manufacturing costs, and cost allocations.
Investigate and analyze variances between actual, plan and forecast monthly. Develop complex financial models, identify key issues, convey results and propose alternatives to managers in a concise manner.
Collaborate with the accounting/GL team to ensure revenue and expenses are properly recorded.
Proactively analyze data to identify opportunities for improvement / best practices
Continuously improve and develop new reporting systems and processes