Sr. FP&A/Cost Analyst

IDEX•Albuquerque, NM

About The Position

The Senior FP&A/Cost Analyst is responsible for financial planning, forecasting, reporting, and manufacturing cost accounting across IDEX sites in Albuquerque, New Mexico, and Rochester, New York. The role partners with Finance, Operations, and Commercial teams to evaluate financial performance, identify risks and opportunities, and provide recommendations supporting operational and strategic decisions. It helps maintain consistent financial reporting and cost accounting practices across both sites while improving financial processes, cost management, and operational efficiency. Regular travel between the two locations is required. The position supports planning and forecasting, analyzes manufacturing costs and inventory, and contributes to financial controls and operational and commercial decision-making. It is primarily office-based, with regular interaction in manufacturing and production environments. Applicants for certain positions may need to qualify as a U.S. Person under applicable export-control regulations.

Requirements

Bachelor's degree in Accounting or Finance.
At least 5 years of experience in financial planning and analysis, accounting, or a related finance function.
At least 3 years of experience in manufacturing finance or cost accounting, including standard costing, variance analysis, and inventory valuation.
At least 3 years of experience working with ERP and reporting systems.
At least 3 years of experience developing financial models, forecasts, and management reporting tools.
Advanced proficiency in Microsoft Excel.
Strong understanding of U.S. GAAP, general accounting principles, and financial reporting requirements.
Advanced analytical and problem-solving skills, including the ability to evaluate complex financial and operational data.
Strong attention to accuracy, detail, and data integrity.
Ability to identify financial risks, challenge assumptions, and recommend solutions that support business performance.
Strong communication skills and ability to present financial information and recommendations to business leaders.
Ability to collaborate effectively across Finance, Operations, Commercial, and other functional teams.
Strong organizational and time-management skills, including the ability to manage competing priorities and deadlines.
Ability to work independently, exercise sound judgment, and implement improvements with minimal supervision.
Ability to streamline processes, increase efficiency, and support continuous improvement initiatives.
Regular travel between Albuquerque, NM, and Rochester, NY is required.

Nice To Haves

Experience with JD Edwards (JDE) and Webi.
Power BI experience.
Experience supporting financial planning, reporting, or cost accounting across multiple manufacturing sites.

Responsibilities

Support annual operating plans, financial forecasting, quarterly reporting, and strategic planning.
Develop and maintain financial models, reports, and analytical tools for business planning and decision-making.
Analyze financial and operational performance, identify trends and risks, and provide actionable recommendations to business leaders.
Prepare ad hoc financial analyses for strategic initiatives and operational decisions.
Identify and implement opportunities to streamline and automate financial reporting and analytical processes.
Manage reporting, forecasting, and analysis of manufacturing costs, including standard costs, cost variances, direct operating charges, and inventory.
Monitor manufacturing performance, analyze cost variances, and identify root causes to support operational improvements.
Review standard costs against current cost roll-ups and support product margin analysis.
Evaluate bill of materials costing accuracy and communicate discrepancies or exceptions.
Lead annual reviews and updates of material, labor, and overhead standards.
Perform make-versus-buy analyses to support manufacturing and sourcing decisions.
Support product line profitability analysis and annual price book reviews through margin analysis.
Coordinate cost accounting activities to ensure accurate and timely product costing and inventory reporting.
Analyze inventory balances, reserves, and related financial activity in accordance with U.S. GAAP and IDEX corporate policies.
Perform monthly balance sheet reconciliations for inventory-related accounts.
Support inventory optimization by identifying root causes and opportunities for process improvement.
Support inventory disposition policies and procedures to maintain accurate financial reporting.
Partner with Operations to evaluate manufacturing performance, cost drivers, and opportunities to improve productivity and profitability.
Participate in lean manufacturing and continuous improvement initiatives.
Analyze and report commercial performance metrics, including sales, orders, and backlog.
Partner with Finance and Commercial teams to evaluate product margins and support pricing decisions.
Promote consistent financial reporting, cost accounting practices, and performance metrics across both manufacturing sites.