Financial Analyst

CIRTEC MEDICAL CORPORATION • Lowell, MA • 45min ago

The Financial Analyst Cost Accounting & Inventory is responsible for supporting the company\'s cost accounting processes, inventory valuation, forecasting, and financial analysis with a particular focus on inventory management. This role partners closely with Operations, Supply Chain, Engineering, and Accounting to ensure inventory accuracy, support month-end close activities, analyze manufacturing performance, and provide actionable insights that improve profitability and operational decision-making.\ Key Responsibilities:\ Inventory Management\

Monitor inventory balances and ensure accurate valuation of

Inventory.\

Perform detailed reconciliations of Inventory purchases, consumption,

transfers, recoveries, and scrap.\

Analyze Inventory usage and yield, identifying opportunities to

improve recovery rates and reduce losses.\

Support physical inventory counts and cycle count programs, including

reconciliation of inventory discrepancies.\

Track Inventory market pricing and evaluate financial impacts on

inventory valuation, manufacturing costs, and customer pricing.\

Collaborate with Supply Chain and Operations to improve inventory

controls and optimize inventory levels.\ Cost Accounting\

Support monthly cost accounting close activities, including inventory

valuation, manufacturing variances, and journal entries.\

Analyze purchase price, labor, overhead, scrap, and production

variances and communicate key drivers to management.\

Assist with standard cost development, annual cost roll updates, and

ongoing standard cost maintenance.\

Partner with Operations to improve manufacturing cost visibility and

identify cost reduction opportunities.\

Perform inventory reserve analysis and assist with excess and obsolete

inventory reviews.\

Support internal and external audits related to inventory and

manufacturing accounting.\ Forecasting & Financial Analysis\

Help prepare monthly forecasts and assist with the annual budgeting

process for manufacturing operations.\

Help develop variance analyses comparing actual results to forecast,

budget, and prior year performance.\

Analyze manufacturing performance, inventory trends, and key

operational metrics to identify risks and opportunities.\

Create and maintain financial models to support business decisions and

operational improvements.\

Prepare management reporting packages and present financial insights

to business partners.\ Must Have:\

Bachelor\'s degree in Accounting, Finance, or related field.\

25 years of experience in financial analysis, cost accounting, or

manufacturing finance.\

Experience in a manufacturing environment.\

Strong understanding of cost accounting principles and manufacturing

finance.\

Knowledge of inventory accounting, standard costing, and variance

analysis.\

Advanced Microsoft Excel skills, including PivotTables, Power Query,

and financial modeling.\

Experience with ERP systems such as Oracle, SAP, Microsoft Dynamics,

or similar.\

Strong analytical and problem-solving skills with exceptional

attention to detail.\

Excellent communication skills with the ability to present financial

information to both finance and operational leaders.\

Ability to manage multiple priorities in a fast-paced manufacturing

environment.\ Good to have:\

Medical device or highly regulated industries preferred.\

Experience with standard costing and inventory accounting.\

Experience working with Inventory accounting or high-value inventory.

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