Financial Analyst

Lex Products LLC•Shelton, CT

15d

About The Position

The Financial Analyst role is within the Financial Planning & Analysis team, focusing on preparing financial forecasts and budgets, analyzing business performance, and developing financial models. The role also involves manufacturing and cost accounting analysis, reporting on Key Performance Indicators (KPIs), forecasting cash flow, and acting as a financial business partner to various departments. This position requires eligibility to work in the US and involves access to export-controlled information, necessitating candidates to be a U.S. Person as defined by 22 C.F.R. §120.15 and/or may require licensure under ITAR/EAR.

Requirements

Must be eligible to work in the US.
Requires access to export-controlled information.
Candidates must be a U.S. Person as defined by 22 C.F.R. §120.15 and/or may require licensure under ITAR/EAR.

Responsibilities

Prepare monthly, quarterly, and annual financial forecasts and budgets.
Analyze business performance and identify trends impacting revenue, margins, and cash flow.
Develop and maintain financial models to support strategic initiatives and operational decision-making.
Assist in preparation of board, lender, and management reporting packages.
Support annual operating plan and long-range planning processes.
Analyze manufacturing variances including purchase price variance (PPV), labor efficiency, material usage, overhead absorption, and production variances.
Monitor standard costs and assist with cost roll processes.
Evaluate inventory levels, inventory turns, and excess and obsolete inventory reserves.
Analyze product profitability, customer profitability, and production efficiency.
Partner with operations to identify cost reduction opportunities and support continuous improvement initiatives.
Prepare monthly financial and operational KPI reporting.
Prepare monthly and quarterly reporting to Board of Directors.
Track and report key working capital metrics, including: Days Sales Outstanding (DSO), Days Payable Outstanding (DPO), Inventory Days on Hand (DOH), Cash Conversion Cycle (CCC).
Develop dashboards and reporting tools to improve visibility into business performance.
Conduct ad hoc analysis for senior leadership.
Support cash flow forecasting and working capital management.
Monitor financial performance against budgets and forecasts.
Analyze trends in receivables, payables, inventory, and operating cash flow.
Manage 13 week cash flow forecast.
Assist with lender reporting and covenant compliance requirements.
Serve as a financial business partner to manufacturing, supply chain, sales, and executive leadership teams.
Present financial results and recommendations in a clear and concise manner.
Participate in cross-functional projects to improve profitability and operational excellence.