Financial Analyst - Arktura Job
- Prepare, analyze, and distribute cost reports, including purchasing, production, labor, and overhead variances.
- Investigate and explain variances between standard and actual costs at the product, job, and order level.
- Maintain and update cost accounting methodologies, standards, and documentation to ensure consistency and accuracy.
- Support gross margin analysis and profitability reporting across product lines.
- Monitor and validate inventory valuation for raw materials, work-in-process, and finished goods.
- Reconcile inventory balances and cost of goods sold, ensuring accurate financial reporting in accordance with company policies and GAAP.
- Partner with operations and supply chain teams to improve inventory accuracy, turnover, and controls.
- Support periodic physical inventory counts and cycle counts, ensuring proper execution, reconciliation of variances and timely resolution.
- Prepare journal entries and complete balance sheet account reconciliations related to inventory, accruals, and manufacturing costs.
- Support month-end, quarter-end, and year-end close processes, ensuring timely and accurate reporting.
- Assist with budgeting and forecasting direct costs and manufacturing period expenses.
- Analyze trends and provide insights to support financial planning and resource allocation decisions.
- Act as a financial business partner to operations and supply chain teams, identifying cost drivers and opportunities for efficiency gains.
- Prepare and present recurring operational and cost performance reports for management review.
- Support continuous improvement initiatives by providing data-driven insights and post-implementation financial analysis.
- Assist with audits related to inventory, costing, and operational controls.
- Serve as backup support for bi-weekly payroll processing, including preparation of related journal entries and reconciliations.
- Train and support staff on cost-related processes, systems, and reporting as needed.
- Participate in special projects and ad hoc financial analysis as assigned.
- Strong analytical skills and attention to detail.
- Advanced proficiency in Microsoft Excel; experience with databases preferred.
- Ability to work independently and meet critical deadlines.
- Excellent organizational, written, and verbal communication skills required.
- Experience in a dynamic, fast-paced environment is a plus.
- Bachelor’s degree in Accounting, Finance or Related Field.
- 2+ years of cost accounting or manufacturing accounting experience
- CPA or MBA not required but is a plus
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