Financial Analyst

Terex Corporation•Mount Vernon, MO

40d•Onsite

About The Position

The Financial Analyst will assist in the monthly and quarterly close process for operational review and accuracy. This role involves monthly/quarterly site reporting, including the preparation of key monthly operational business summaries, comparing performance against operating plans and standards, and covering key performance indicators. The analyst will provide reports and ensure detailed explanations of variances to budgets, forecasts, and prior years. Responsibilities also include department spending tracking, review, and communication to management, as well as manufacturing support for spending and absorption analysis and efficiency tracking. The role requires preparing and assisting with forecasts and budgets, including forecasting a full balance sheet, departmental expenses, and completing supplemental information. Additionally, the analyst will assist with data input, tracking, and reporting for weekly scorecards, working capital updates, cost trackers, and labor allocations. Reviewing sales and margin analysis on machines, parts, and service transactions, and reporting on variances is also a key duty. The analyst will review and report metrics for Operations, including efficiency, BTS, OTD, and inventory turns. Participation in S&OP (Sales and Operations Planning) for inputs, analysis, reviews, and machine scheduling meetings is expected. Completing quarterly E&O analysis and working with the Operations Finance Manager and Materials Manager to ensure proper inventory levels are maintained is required. The role involves working with Shared Services and other sites as needed on data and following up on irregularities, acting as business partners. Coordination with management on Sox issues and reviews to ensure compliance, performing monthly, quarterly, and semi-annual Sox testing, and updating the Sox tracker are essential. Assisting with ICRM reporting to maintain required reporting status is also part of the role. Cost by model responsibilities include coordinating annual standard cost updates and analyzing costs prior to budget and after standard cost updates. PPV responsibilities include completing monthly analysis and reconciliation to GL, explaining variances to budget/forecast. NPPD support involves providing costing analysis for new product development. Cycle Count and mid/max review requires coordinating data with the Inventory Analyst and Materials Manager. Verifying and performing job closing for machines, parts, and stock, and conducting Job Cost reviews for the Clear to build Process and month-end analysis of Job Cost variances are also required. The Financial Analyst will provide analytical support to the Operations Finance Manager and Finance Director with various other projects or ad hoc reporting as needed. Finally, the role includes providing administrative support of front office operations as needed.

Requirements

Bachelor’s degree in Accounting or Finance required.
Minimum of 3-5 years of experience as a financial analyst or accountant, preferably within a manufacturing environment.
Strong analytical, problem-solving, and financial modeling skills.
Advanced proficiency in Microsoft Excel and working knowledge of PowerPoint and Word.
Experience with ERP systems and financial reporting tools preferred.
Degree in Finance, Accounting or related field
Evidence of comfort and familiarity around top management
Keen sense of urgency, task and achievement orientated, meet deadlines
Time management skills, ability to plan ahead
Attention to detail – must be accurate, sound report writing commentary skills.
Excellent communication Skills

Nice To Haves

Experience with ERP systems and financial reporting tools preferred.

Responsibilities

Assist in the monthly and quarterly close process for operational review and accuracy.
Monthly / Quarterly site reporting including preparation of key monthly operational business summaries. Compares performance with operating plans and standards and covering key performance indicators. Provides reports and ensures detailed explanations of variances to budgets, forecasts, and prior year.
Department spending tracking, review and communications to management timely.
Manufacturing support for spending and absorption analysis, efficiency tracking.
Prepare and assist with forecasts and budgets as required, including being able to forecast a full balance sheet, departmental expenses and completion of supplemental information.
Assist with data input, tracking, or reporting with weekly scorecards, working capital updates, cost trackers, labor allocations etc…
Review sales and margin analysis on machines, parts and service transactions reporting on variances.
Review and report metrics for Operations, including efficiency, BTS, OTD, inventory turns, etc..
Participate in S&OP (Sales and Operations Planning) for inputs, analysis, reviews, and machine scheduling meetings.
Complete quarterly E&O analysis and work with Operations Finance Manager and Materials Manager to ensure proper inventory levels are maintained.
Work with Shared Services and other sites as needed on data & follow up on irregularities, become business partners to each other. Assist as liaison between to facilitate processes.
Coordinate with management on Sox issues and reviews to ensure compliance. Performs monthly, quarterly and semi-annual Sox testing and update Sox tracker. Assist with ICRM reporting to maintain required reporting status.
Cost by model-coordinate annual standard cost updates, update and analyze cost prior to budget and after standard cost update.
PPV-Complete monthly analysis and reconciliation to GL, explaining variances to budget/forecast.
NPPD-Support new product development by providing costing analysis.
Cycle Count and mid/max review-Review and coordinate data with Inventory Analyst and Materials Manager.
Verify and perform job closing for machines, parts, and stock. Job Cost reviews for Clear to build Process and month end analysis of Job Cost variances.
Provide analytical support to Operations Finance Manager and Finance Director with various other projects or ad hoc reporting as needed.
Provide administrative support of front office operations as needed.