Junior Financial Analyst - Planning and Forecasting (Rochester)

Job Description

Job Description

Our client, a leading manufacturer of aero engines and industrial gas turbine components, is a globally recognized public company with a remarkable 75-year history of growth and innovation. Renowned in the aerospace industry, it offers an exceptional company culture that fosters development and provides diverse opportunities. Forbes has honored it as one of the World's Best Employers, highlighting its commitment to excellence and inclusivity.

Why consider joining our client?

• Publicly traded company on a path of continuous growth and recognized by Forbes as a top global employer
• Exceptional insurance coverage and 401 (k) matching program, effective upon hire.
• Employer contribution to your Retirement Savings Plan account each pay period
• Vibrant company culture and collaborative team environment
• Access to excellent training programs for professional development
• Free fitness center membership

Job Summary:

This position will support the Senior Financial Analysts in conjunction with Plant Controllers in the direct supervision of the day-to-day general accounting functions and coordination of the month-end closing process, and the daily/weekly monthly financial reporting. Assist in the development of financial plans and forecasts, and the analysis of operational results. Prime day-to-day responsibility will be cost accounting; monitor and report inventories, standard cost revisions, and the operating budget and forecast will be key responsibilities.

Roles:

• Assist with General Accounting functions such as financial reporting, fixed assets management, inter-company accounting, and daily expense analysis.
• Assist with month-end closing, including preparing and posting of journal entries, reconciling monthly ledger accounts, and helping establish accounting policies and procedures.
• Assist in monitoring and managing the Raw material, work-in-progress, and Finished goods inventory.
• Assist in establishing and monitoring the standard cost for each product and monitor MRP reports like Inventory, cost absorptions, and variances. Manage and analyze standard costs, BOM and routers.
• Assist in the preparation of the monthly business review and Business Unit Staff meeting packages.
• Assist in financial, internal, and governmental audits to maintain compliance.
• Perform a monthly testing of internal controls, including SOX controls, using Audit and self-assessed tools (ASAT) to ensure compliance with corporate standards and document observations using an online portal. 
• Assist the local finance team in monthly/quarterly/annual forecasting/budgeting as needed.
• Provide budget and project analysis for capital expenditure. 
• Participate in the company's continuous improvement projects to assist in identifying opportunities and implementing cost-saving objectives.
• Assist on special projects for plant, division & corporate management.

Knowledge and Skills:

• Excellent interpersonal communication skills, managerial skills, self-motivated, and team-oriented skills. 
• Strong knowledge and understanding of GAAP, with solid analytical and strategic planning skills. 
• Must be proficient with computer systems and have excellent Excel skills.
• Good communication skills, flexible, and a strong desire to learn.



Basic Qualifications:

• Bachelor's Degree in Business Administration, Finance, or Accounting is required
• Must have a minimum of two (2) years of relevant experience in a manufacturing setting
• Familiar with cost accounting in a manufacturing environment
• Advanced Microsoft Office skills, including Excel and PowerPoint
• This position entails access to export-controlled items and employment offers are conditioned upon an applicant's ability to lawfully obtain access to such items.
• Employees must be legally authorized to work in the United States. Verification of employment eligibility will be required at the time of hire. Visa sponsorship is not available for this position.