Apply on Employer Site

Loc Performance · 1 month ago

Senior Financial Analyst

Auburn Hills, MI

Contract

Hybrid

Senior Level

5+ years exp

Loc Performance is seeking a Senior Financial Analyst to join their Corporate Finance team. The role involves providing timely and accurate financial data and analysis to support leadership decision-making and improve financial performance. Key responsibilities include leading the annual budget process, preparing monthly financial reports, and collaborating with various teams to analyze financial performance.

ManufacturingProduct Management

Responsibilities

Lead annual budget/mid-term planning process for the Vehicle Systems-US (VS-US) division, including coordinating with site controllers, plant managers, and other relevant teams to ensure budget timeline is followed and all deliverables are prepared timely and accurately

Consolidate department budgets for distribution to leadership team, including headcount planning component. Work with department heads to identify cost-savings opportunities within their departments

Oversee capex spend planning and reporting on actuals compared to budget, including working with Operations team on forecast updates each month. For growth projects, analyze business case/ROI as prepared by Operations team and provide feedback to Finance leadership

Prepare monthly reporting of actual order intake and sales by entity and program/product line in coordination with Business Development team, including analyzing variances to budget

Support preparation of the monthly financial reporting submissions to German parent company, including actual results, forecasts (3-month rolling forecast and full-year reforecast), capex and various others for all legal entities under VS-US

Assist with the preparation of various recurring presentations to leadership, including Monthly Management Review and quarterly board meetings

Provide data and analysis on financial performance, including analyzing sales/margin by program and product line to drive management team decision-making process; collaborate with Business Development, Operations, and other relevant teams on strategy to improve margin (i.e. customer pricing, BOM cost savings, etc.)

Lead indirect rate development and forecasting for manufacturing facilities in coordination with manufacturing finance team

Explore ways to further leverage full capability of Planful financial reporting software and Costpoint Business Intelligence tool, including creating custom dashboards and analysis to provide financial insight to leadership team

Provide support as needed to teams outside of Corporate Finance, ensuring questions or requests for information/data are addressed in a timely and professional manner

Support the Corporate Finance Manager in the completion of ad hoc analysis and special projects, including collaborative company-wide initiatives, as needed

Qualification

Financial analysisBudget planningForecastingMicrosoft Office SuitePlanful softwareDeltek CostpointInterpersonal skillsOrganizational skillsProblem-solving

Required

Able to balance multiple tasks and coordinate prioritization with the Corporate Finance Manager

Well-developed interpersonal and communication skills

Good planning and organizational skills to prioritize workload

Ability to work independently and seek clarification on work assignments/priorities as needed

Ability to work effectively in a changing, unstructured environment and provide suggestions for process structure and improvement

Ability to work in an international environment and different time zones

Computer literacy, specifically Microsoft Office Suite (i.e. Word, Excel, PowerPoint, etc.)

Ability to identify and resolve problems in a timely manner; gather and analyze information skillfully and maintain confidentiality

Demonstrated ability to be consistently at work and on time, follow instructions, respond to management direction and solicit feedback to improve performance

Ability to understand and maintain confidentiality requirements regarding company finances and personnel information

Bachelor's degree in finance, accounting or equivalent degree with 5 years of relevant experience (financial analyst, staff accountant, or similar role)

Must undergo and meet company standards for background check, employment verification, reference checks and controlled substance testing

Ability to lift up to 25 pounds occasionally

Ability to travel up to 10% of the time. Occasional travel to Europe may be required

Ability to stand for long periods

Ability to work overtime as needed

Preferred

Government contracting/defense industry experience desired, but not required

Experience using Deltek Costpoint, Planful, or Plex desired, but not required

Company

Loc Performance

Loc Performance, headquartered in Plymouth, MI, provides track systems, mechanical systems, armor products, fabricated structures, and rubberized products for military, agricultural, and construction applications.

Founded in 1971

Plymouth, Michigan, USA

501-1000 employees