Financial Planning and Analysis Specialist / Financial Business Partner

Responsibilities

JOB DESCRIPTION

Material Cost & Profitability Management

• Lead material cost analysis and identify key drivers impacting product profitability.
• Partner with Supply Chain, Procurement, Engineering, and Operations teams to evaluate sourcing strategies and cost reduction opportunities.
• Analyze purchase price variances (PPV), material usage variances, scrap, and manufacturing cost variances, providing actionable recommendations.
• Support margin improvement initiatives through product cost analysis, operational efficiency assessments, and financial modeling.
• Monitor and validate standard costs, ensuring accuracy and integrity across products and materials.
• Lead annual standard cost updates and support new product and material cost rollouts.

Inventory, Working Capital & Cash Flow Support

• Act as finance lead for inventory analysis and inventory performance management.
• Drive inventory optimization initiatives while balancing customer service requirements, working capital objectives, and profitability targets.
• Analyze inventory turns, excess and obsolete inventory, slow-moving inventory, and inventory reserves.
• Support cash flow forecasting and working capital reporting through inventory and operational analysis.
• Evaluate inventory strategies and demand trends to improve inventory positioning and financial performance.

Manufacturing Finance Business Partnership

• Partner closely with plant leadership to provide financial insights that support operational and strategic decisions.
• Evaluate product mix, product strategy, and cost-to-serve impacts to improve profitability.
• Support decisions related to manufacturing footprint optimization, sourcing strategies, capacity utilization, and operational efficiency.
• Transl...

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