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Senior Plant Financial Analyst

Job Description - Senior Plant Financial Analyst

Description

  • Financial Analysis and Reporting: Reviewing financial statements, tracking KPIs, and preparing detailed reports to assess company performance and support strategic decisions.

  • Participate in the annual budgeting process, 5-year business plan and prepare regular financial forecasts by collaborating with various department heads.

  • Support PC/APC with standard costing process for new products and annual standards.

  • Maintain and distribute reporting records of operational expenses (including scrap, purchase burden, expenses) and inventories in a timely manner.

  • Serve as reporting unit liaison with central PTP team to resolve receiving, AP invoice, payment issues, including PAT, ICT and ROSE transactions. Reconcile supplier statements as needed.

  • Prepare account reconciliations monthly with proper supporting documentation and input in systems for Plant Controller review.

  • Monitor and reconcile intercompany transactions with partner sites ensuring not out of balance conditions in month end reporting.

  • Support Plant Controller/Asst. Plant Controller in month end closing activities, prepare MEC journal entries, analysis.

  • Identify and recommend improvements to financial processes and policies to increase operational efficiency.

  • Ensure financial reporting and practices comply with accounting standards and relevant government regulations.

  • Review and validate the accuracy of accounting transactions and financial data used in analysis and reporting.


Additional Responsibilities: 



  • Participate with operational staff in all function-related meetings.

  • Serve as proxy to Assistant Controller

  • Support plant SCM with physical inventories annually.

  • Obtain requisitioner confirmation of receipt of indirect goods and services and complete corresponding purchase order receipt in ERP system


Essential Common Requirements for all Employees:



  • International Operating System (IOS): Understand, apply and meet all function related IOS requirements.

  • Environmental, Health & Safety (EHS): Understand, apply and meet all function related EHS requirements.

  • Product Safety: Understand, apply and meet all function-related Product Safety requirements.

  • Compliance: Understand, apply and meet all function-related Compliance requirements

  • Information Security: Understand, apply and meet all function-related IT / Information Security and confidentiality of YFAI information requirements.

  • Must comply with all company policies and procedures. 

  • Employee must have the ability to work additional hours and / or overtime as needed or assigned to complete job duties on time.

  • Ability to multitask, interact politely and professionally with customers, suppliers and vendors, and work cooperatively with employees at all levels.

  • Maintain predictable and regular attendance, arrive to designated location on time, or be at assigned location ready to work for assignment.


Required Education Level 


Bachelor's Level Degree

Area of Study:     Business Administration, Finance/ Controlling (Accounting, Finance, Controlling, etc.), Economics or similar.

*Equivalent work experience may also be considered for certain positions.


5-9 Minimum Years of Experience with accounting, finance and/or other related areas.


1-3 Minimum Years of Experience within the automotive industry.




  • Must be able and willing to work at customer sites, including industrial manufacturing plants which might require climbing, lifting, or working in confined spaces.



  • Problem-Solving and Strategic Thinking: Capacity to evaluate business scenarios, assess risks, and propose solutions aligned with company objectives.



  • Proficient in Microsoft Office: Excel Intermediate (lookup, pivot, etc., PowerPoint



  • Able to work in a team and rigorous and fast-paced environment.



  • Excellent written and verbal communication skills, and able to relay technical accounting information to cross functional team members not working in Finance and Accounting roles.



  • Internally motivated to investigate and solve issues.



Preferred Qualifications 


ERP Systems QAD and Hyperion (HFM)


Physical Ability Requirements


Stationary Position (Sitting or Standing):                             Constantly

Movement (Walking):                                                           Frequently

Carry Weight (Lifting up to 25 lbs):                                    Occasionally

Communication (Seeing/Talking/Hearing):                         Frequently

Use Hands/Fingers (Operate computer, printer, phone):    Constantly


Language Required and Preferred


Required:          English (Fluency with Reading, Writing, Speaking) 
Preferred:          None


Work Environment


Office Environment

Personal protective equipment is required

Often exposed to distracting sounds and noisy conditions

May frequent manufacturing plants and must follow all rules while visiting locations.



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