Senior Financial Analyst

Job Description

Job Description

Senior Financial Analyst

Location: Shelby Township, MI
Schedule: Monday-Friday | 8:00 AM - 5:00 PM
Employment Type: Full-Time

Overview

Our client is seeking a Senior Financial Analyst to support operational finance initiatives within a manufacturing environment. This role will focus heavily on cost accounting, standard cost development and maintenance, operational variance analysis, and financial partnership with plant leadership.

The ideal candidate will bring strong experience in manufacturing finance, advanced analytical capabilities, and a hands-on approach to supporting operational decision-making. In addition to plant-facing financial support, this individual will assist with forecasting, financial modeling, and executive-level reporting.

Key Responsibilities

Cost Analysis & Variance Reporting

• Analyze material, labor, and overhead variances against established standards.
• Identify root causes of cost fluctuations and partner with operations teams to implement corrective actions.
• Provide financial insights related to production schedules, staffing adjustments, and operational planning.
• Monitor operational performance and recommend opportunities for cost reduction and efficiency improvements.

Manufacturing Finance Partnership

• Serve as a key financial resource to plant operations and leadership teams.
• Evaluate operational metrics and provide recommendations to improve profitability, inventory management, and overall efficiency.
• Support make-versus-buy analyses, capacity planning, and other operational decision-making through detailed cost modeling.

Standard Cost Development & Maintenance

• Develop, maintain, and update standard manufacturing costs, including direct materials, labor, machine utilization, and overhead allocations.
• Manage annual standard cost rollovers and ad hoc cost updates driven by pricing changes, process improvements, or supplier adjustments.
• Collaborate with engineering, procurement, and operations teams to ensure cost models accurately reflect production processes and product structures.
• Maintain cost accuracy within ERP systems.

Inventory & Cost Control

• Support inventory valuation processes, including cycle count reviews, variance analysis, and reconciliation activities.
• Partner with operations to improve inventory accuracy, reduce excess inventory, and optimize inventory turnover.

Budgeting, Forecasting & Capital Planning

• Assist with plant-level budgeting and forecasting activities.
• Develop financial models to evaluate capital investments, process improvements, and operational initiatives.
• Analyze projected and actual results to measure return on investment and identify opportunities for improvement.

Financial Reporting & Analysis

• Support monthly and quarterly close activities.
• Build and maintain financial models for forecasting, scenario planning, and business analysis.
• Prepare management and executive-level presentations summarizing operational and financial performance.

Qualifications

• Bachelor's degree in Finance, Accounting, or a related field.
• 5+ years of experience in manufacturing finance, cost accounting, or operational finance.
• Demonstrated experience developing and maintaining standard manufacturing costs.
• Advanced Microsoft Excel skills, including financial modeling, forecasting, and scenario analysis.
• Experience working within ERP systems such as SAP, Oracle, JD Edwards, Plex, or similar platforms.
• Strong analytical, problem-solving, and communication skills.
• Ability to work cross-functionally with operations, engineering, procurement, and leadership teams.

Preferred Qualifications

• Experience supporting high-volume manufacturing environments.
• Automotive industry experience is a plus.

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