Job Title: R&D Analyst
Requisition Number: FIN/PLAN-3230
Interest Category: Accounting / Finance
Hourly/Salary: Salary
City: Fontana
State: California
Country: United States
Shift: Days
Job Description:
Position Summary
The Sr. Financial Analyst develops and implements a project accounting system, assists in the analysis of capital investment proposals, provides internal reporting, and develops planning and budgeting systems. The incumbent also supports the Purchasing, Research and Development, Centralized Manufacturing, and Manufacturing Engineering Departments by developing integrated financial analysis tools to model financial performance. The Senior Financial Analyst reports to the Fontana Plant Controller.
Position Responsibilities
Develops integrated financial analysis tools to be used for modeling the financial performance of the R&D Centralized Manufacturing, and Manufacturing Engineering organizations by: (30%)
- Developing cost models and analysis for new products;
- Providing financial and analytical support on product trials;
- Providing analyses to determine which R&D projects are financially viable for investing in and for prioritizing;
- Performing cost benefit analysis on R&D projects; and
- Assessing the value created by R&D investment.
Assists in the analysis of new capital investment proposals for Centralized Manufacturing and Manufacturing Engineering group by: (25%)
- Developing project cost models;
- Reviewing investment analysis;
- Reviewing CER (Capital Expenditure Results); and
- Gathering and conducting analysis of industry data for competitive intelligence purposes for strategic procurement decision making.
Develops and implements a project accounting system for the R&D, Centralized Manufacturing, and Manufacturing Engineering organizations by the end of fiscal year by: (15%)
- Developing system specifications by end of year;
- Maintaining systems on completion of implementation.
Develops and maintains planning and budgeting systems and controls for the Research & Development and Centralized Manufacturing groups by end of the current fiscal year by: (10%)
- Developing budgeting tools; and
- Developing next fiscal year’s operating budgets.
Responsible for internal reporting of performance of the Research & Development and Centralized Manufacturinggroups (including management reporting) by end of fiscal year by: (5%)
- Identifying reporting requirements;
- Developing reports; and
- Maintaining reporting system once implemented.
The position responsibilities outlined above are in no way to be construed as all encompassing. Other duties, responsibilities, and qualifications may be required and/or assigned as necessary.
Quantitative Dimensions
The Sr. Financial Analyst has budget responsibilities to work with the Plant Controller, R&D Director, and Technical Managers to develop, monitor and report financial results monthly, quarterly and adhoc when necessary.
Decision Making:
The Sr. Financial Analyst must possess a high-level of decision making skills in that he/she is required to make recommendations at the managerial level based on analytical insights and findings.
Supervisory/Lead
Responsibilities:
The Sr. Financial Analyst has no direct reports. However, excellent collaboration and analytical skills to help R&D leadership qualities are required as the incumbent provides guidance and leadership to project teams. He/She must have the desire and potential to become a manager and to be considered for promotion.
Scope of Position:
The Senior Financial Analyst spends the majority of his/her time providing detailed financial analysis to the Research and Development and Centralized Manufacturing groups. He/she is required to work with project managers to develop cost models for new products and processes and review and provide financial advice on capital projects. He/she is also responsible for facilitating the development of SG&A budgets and capital budgets for the Research and Development and Centralized Manufacturing groups.
Position Requirements
Knowledge, Skills, and Abilities:
Required:
- Demonstrated ability to successfully analyze financial data (e.g., validity of data including balance sheet account balance, profit and loss variance, volume trends, and return on investments), including creating spreadsheets with the information, explaining variances, identifying issues, and making appropriate recommendations.
- Demonstrated ability to successfully apply forecasting techniques and skills to develop and evaluate business goals and strategies, analyze information to derive insights and implications to initiate planning and/or re-planning, and controlling actual results versus budget.
- Results-oriented to ensure delivery of appropriate products and services in an accurate, complete, and timely fashion.
- Demonstrated expertise of research methods and report preparation.
- Business acumen to elicit trust and credibility with all levels of the organization.
- Knowledge of GAAP and SOX (Sarbanes Oxley).
- Demonstrated knowledge of operational accounting (cost accounting, including project costing).
- Excellent analytical and decision-making skills.
- Demonstrated ability to manage multiple concurrent assignments while meeting deadlines and demanding quality execution.
- Proven track record directing external resources to manage and execute effectively.
- Demonstrated advanced skills with the standard features of various personal computer word processing and spreadsheet software (Microsoft Word and Excel, PowerPoint, Outlook, Internet, pivot tables & V Lookups, and other financially-related and proprietary software).
- Teamwork/Collaboration expertise with significant experience in team/project-oriented activities.
- Superior interpersonal and written/oral communication skills with the ability to relate well and cooperate with others to effectively coordinate activities and accomplish goals.
- Ability to communicate cost & financial information to all levels across the business.
- Ability to travel (20%).
Education/Experience:
Required:
- Bachelor’s Degree in Finance or Accounting (advanced degree preferred).
- 5 + years experience in financial analysis, in a manufacturing environment (building or industrial products preferred).
- 5 or more years of experience successfully using and applying intermediate to advanced applications of financial software applications, databases, statistical packages, and spreadsheets.
- Demonstrated experience in ERP systems software (SAP preferred).
Competencies:
- Decision Making: Identifying and understanding issues; problems, and opportunities; comparing data from different sources to draw conclusions; using effective approaches for choosing a course of action or developing appropriate solutions; taking action that is consistent with available facts, constraints, and probable consequences.
- Technical/Professional Knowledge and Skills: Having achieved a satisfactory level of technical and professional skill or knowledge in position-related areas; keeping up with current developments and trends in areas of expertise.
- Building Partnerships: Identifying opportunities and taking action to build strategic relationships between one’s area and other areas, teams, departments, units, or organizations to help achieve business goals.
- Continuous Learning: Actively identifying new areas for learning; regularly creating and taking advantage of learning opportunities; using newly gained knowledge and skill on the job and learning through their application.
- Initiating Action: Taking prompt action to accomplish objectives; taking action to achieve goals beyond what is required; being proactive.
- Communication: Clearly conveying information and ideas through a variety of media to individuals or groups in a manner that engages the audience and helps them understand and retain the message.
- Delegating Responsibility: Allocating decision-making authority and/or task responsibility to appropriate others to maximize the organization’s and individuals’ effectiveness.
- Facilitating Change: Encouraging others to seek opportunities for different and innovative approaches to addressing problems and opportunities; facilitating the implementation and acceptance of change within the workplace.
- Innovation: Generating innovative solutions in work situations; trying different and novel ways to deal with work problems and opportunities.
- Planning and Organizing: Establishing courses of action for self and others to ensure that work is completed efficiently.
Requisition Number: FIN/PLAN-3230
Interest Category: Accounting / Finance
Hourly/Salary: Salary
City: Fontana
State: California
Country: United States
Shift: Days
Job Description:
Position Summary
The Sr. Financial Analyst develops and implements a project accounting system, assists in the analysis of capital investment proposals, provides internal reporting, and develops planning and budgeting systems. The incumbent also supports the Purchasing, Research and Development, Centralized Manufacturing, and Manufacturing Engineering Departments by developing integrated financial analysis tools to model financial performance. The Senior Financial Analyst reports to the Fontana Plant Controller.
Position Responsibilities
Develops integrated financial analysis tools to be used for modeling the financial performance of the R&D Centralized Manufacturing, and Manufacturing Engineering organizations by: (30%)
- Developing cost models and analysis for new products;
- Providing financial and analytical support on product trials;
- Providing analyses to determine which R&D projects are financially viable for investing in and for prioritizing;
- Performing cost benefit analysis on R&D projects; and
- Assessing the value created by R&D investment.
Assists in the analysis of new capital investment proposals for Centralized Manufacturing and Manufacturing Engineering group by: (25%)
- Developing project cost models;
- Reviewing investment analysis;
- Reviewing CER (Capital Expenditure Results); and
- Gathering and conducting analysis of industry data for competitive intelligence purposes for strategic procurement decision making.
Develops and implements a project accounting system for the R&D, Centralized Manufacturing, and Manufacturing Engineering organizations by the end of fiscal year by: (15%)
- Developing system specifications by end of year;
- Maintaining systems on completion of implementation.
Develops and maintains planning and budgeting systems and controls for the Research & Development and Centralized Manufacturing groups by end of the current fiscal year by: (10%)
- Developing budgeting tools; and
- Developing next fiscal year’s operating budgets.
Responsible for internal reporting of performance of the Research & Development and Centralized Manufacturinggroups (including management reporting) by end of fiscal year by: (5%)
- Identifying reporting requirements;
- Developing reports; and
- Maintaining reporting system once implemented.
The position responsibilities outlined above are in no way to be construed as all encompassing. Other duties, responsibilities, and qualifications may be required and/or assigned as necessary.
Quantitative Dimensions
The Sr. Financial Analyst has budget responsibilities to work with the Plant Controller, R&D Director, and Technical Managers to develop, monitor and report financial results monthly, quarterly and adhoc when necessary.
Decision Making:
The Sr. Financial Analyst must possess a high-level of decision making skills in that he/she is required to make recommendations at the managerial level based on analytical insights and findings.
Supervisory/Lead
Responsibilities:
The Sr. Financial Analyst has no direct reports. However, excellent collaboration and analytical skills to help R&D leadership qualities are required as the incumbent provides guidance and leadership to project teams. He/She must have the desire and potential to become a manager and to be considered for promotion.
Scope of Position:
The Senior Financial Analyst spends the majority of his/her time providing detailed financial analysis to the Research and Development and Centralized Manufacturing groups. He/she is required to work with project managers to develop cost models for new products and processes and review and provide financial advice on capital projects. He/she is also responsible for facilitating the development of SG&A budgets and capital budgets for the Research and Development and Centralized Manufacturing groups.
Position Requirements
Knowledge, Skills, and Abilities:
Required:
- Demonstrated ability to successfully analyze financial data (e.g., validity of data including balance sheet account balance, profit and loss variance, volume trends, and return on investments), including creating spreadsheets with the information, explaining variances, identifying issues, and making appropriate recommendations.
- Demonstrated ability to successfully apply forecasting techniques and skills to develop and evaluate business goals and strategies, analyze information to derive insights and implications to initiate planning and/or re-planning, and controlling actual results versus budget.
- Results-oriented to ensure delivery of appropriate products and services in an accurate, complete, and timely fashion.
- Demonstrated expertise of research methods and report preparation.
- Business acumen to elicit trust and credibility with all levels of the organization.
- Knowledge of GAAP and SOX (Sarbanes Oxley).
- Demonstrated knowledge of operational accounting (cost accounting, including project costing).
- Excellent analytical and decision-making skills.
- Demonstrated ability to manage multiple concurrent assignments while meeting deadlines and demanding quality execution.
- Proven track record directing external resources to manage and execute effectively.
- Demonstrated advanced skills with the standard features of various personal computer word processing and spreadsheet software (Microsoft Word and Excel, PowerPoint, Outlook, Internet, pivot tables & V Lookups, and other financially-related and proprietary software).
- Teamwork/Collaboration expertise with significant experience in team/project-oriented activities.
- Superior interpersonal and written/oral communication skills with the ability to relate well and cooperate with others to effectively coordinate activities and accomplish goals.
- Ability to communicate cost & financial information to all levels across the business.
- Ability to travel (20%).
Education/Experience:
Required:
- Bachelor’s Degree in Finance or Accounting (advanced degree preferred).
- 5 + years experience in financial analysis, in a manufacturing environment (building or industrial products preferred).
- 5 or more years of experience successfully using and applying intermediate to advanced applications of financial software applications, databases, statistical packages, and spreadsheets.
- Demonstrated experience in ERP systems software (SAP preferred).
Competencies:
- Decision Making: Identifying and understanding issues; problems, and opportunities; comparing data from different sources to draw conclusions; using effective approaches for choosing a course of action or developing appropriate solutions; taking action that is consistent with available facts, constraints, and probable consequences.
- Technical/Professional Knowledge and Skills: Having achieved a satisfactory level of technical and professional skill or knowledge in position-related areas; keeping up with current developments and trends in areas of expertise.
- Building Partnerships: Identifying opportunities and taking action to build strategic relationships between one’s area and other areas, teams, departments, units, or organizations to help achieve business goals.
- Continuous Learning: Actively identifying new areas for learning; regularly creating and taking advantage of learning opportunities; using newly gained knowledge and skill on the job and learning through their application.
- Initiating Action: Taking prompt action to accomplish objectives; taking action to achieve goals beyond what is required; being proactive.
- Communication: Clearly conveying information and ideas through a variety of media to individuals or groups in a manner that engages the audience and helps them understand and retain the message.
- Delegating Responsibility: Allocating decision-making authority and/or task responsibility to appropriate others to maximize the organization’s and individuals’ effectiveness.
- Facilitating Change: Encouraging others to seek opportunities for different and innovative approaches to addressing problems and opportunities; facilitating the implementation and acceptance of change within the workplace.
- Innovation: Generating innovative solutions in work situations; trying different and novel ways to deal with work problems and opportunities.
- Planning and Organizing: Establishing courses of action for self and others to ensure that work is completed efficiently.