Manufacturing Financial Analyst/Cost Accountant

Volm Companies • Idaho Falls, ID

118d

About The Position

The Manufacturing Financial Analyst is responsible for analyzing and managing cost data, financial metrics, and strategic insights related to manufacturing operations. This role involves preparing detailed financial and cost reports, monitoring manufacturing expenses, supporting budgeting and forecasting, and collaborating with various departments to drive efficiency and improve financial performance.

Requirements

• Knowledge of finance and accounting principles normally acquired by the completion of bachelor’s degree in Finance, Accounting, Economics, or similar discipline.
• Minimum of three years of experience in cost accounting and financial analysis in a manufacturing environment.
• Intermediate to advanced Excel skills.
• Proficiency in Syteline, Microsoft Dynamics 365 (D365), or similar ERP systems preferred.
• Experience in delivering training programs and facilitating change management initiatives preferred.
• Excellent communication and collaboration skills, with the ability to work effectively across multiple departments and levels of the organization.
• Ability to present information and recommendations in a clear and concise manner.
• Ability to plan, organize and oversee multiple projects and operations.
• Analytical, problem-solving, and decision-making skills.
• Strong attention to detail with a proactive approach to identifying and solving issues.
• A results-oriented mindset with a focus on continuous improvement.
• Proven ability to work independently or collaboratively in a team environment.

Responsibilities

• Analyze financial and production data, trends, and variances to develop comprehensive reports and forecasts.
• Prepare and present monthly financial and cost analysis for management.
• Review and monitor key financial and operational metrics, including standard vs. actual costs, KPIs, and manufacturing overhead.
• Provide variance analysis with detailed explanations and actionable recommendations.
• Support budgeting and forecasting processes, ensuring accurate cost projections and financial alignment with production goals.
• Identify variances and provide recommendations for budget adherence and improvement.
• Collaborate with finance, accounting, and operations teams to ensure accurate financial data and adherence to budgetary goals.
• Conduct cost analysis and provide recommendations for cost-saving initiatives.
• Develop and maintain financial models to support strategic planning, pricing, inventory management, and new project evaluations.
• Assist in the evaluation and monitoring of cost drivers, collaborating with supply chain and procurement teams.
• Ensure compliance with internal policies, GAAP, and relevant regulatory standards.
• Identify and recommend process improvements to enhance cost efficiency and financial productivity.

Benefits

• Access to medical, dental, and vision coverage.
• HSA employer contribution.
• 401k with profit sharing.
• Paid vacation.
• Wellness stipends.
• Childcare reimbursement assistance.

What This Job Offers

• Career Level: Mid Level
• Education Level: Bachelor's degree
• Number of Employees: 251-500 employees