Entry Level Financial Analyst

Posted 15 Days Ago
Phillipsburg, NJ
Entry level
Biotech
The Role
The Entry Level Financial Analyst will assist with month and year-end closing processes, journal entries, reconciliations, and financial analysis for the plant. They will prepare reports, ensure accounting accuracy, participate in budgeting, and support operational analyses while working closely with leadership and various departments.
Summary Generated by Built In

The Opportunity:

At Avantor, people are the most important part of our success because they drive our global performance. That’s why our Operations, Lab Services, Sales, and many other Avantor teams rely on our talent acquisition initiatives to attract, engage and hire the right talent. Avantor’s Finance vertical is a crucial part of this mix, enabling all our internal teams worldwide to grow beyond their limits.

The Plant Financial Analyst will assist with month and year close, journal entries, accruals, monthly and quarterly reconciliation of balance sheet/Income statement account to general ledger, ad hoc financial analysis, financial/strategic support to production and site leadership, actual vs budget vs forecast reporting, and analysis around labor costs and absorption. Must be an Excel power user and strong ERP experience with a strong preference to SAP experience highly desirable.

This position will report into the Manufacturing Finance Plant Leader and will be located at our Phillipsburg, NJ location.

What we’re looking for:

  • Education: Bachelors’ degree in Accounting, Finance or equivalent.
  • Experience: Entry Level up to 2 years’ experience in accounting or finance.
    • Excellent computer skills including Microsoft Office, specifically Excel (Pivot Tables, Data Connections, Advanced Formulas) required.
    • Knowledge of ERP or MRP systems preferred but not required.

Who you are:

  • Good communication skills, both oral and written
  • Strong organizational skills and documentation skills.
  • Ability to multi-task, prioritize, manage time, problem solve, and work as part of a team are crucial.
  • Detail oriented
  • Strong interpersonal and critical thinking skills
  • Regular interaction with Plant and Finance leadership required with the ability to communicate at that level is a must.
  • High energy and eagerness to demonstrate personal initiative
  • Flexibility and adaptability to a changing work environment and enthusiasm for continued learning.

How you will thrive and create an impact:

  • Participates in the financial closing process, account reconciliations, monthly financial statements, supporting reports and variance analysis.
  • Prepares journal entries and monthly reports for cost center spending, inventory adjustments and excess & obsolete.
  • Works with A/P to oversee invoice accuracy and ensure three-way matching from Purchase order and Goods Receipts. Ensures procedures are being properly followed.
  • Assist in vendor set up and bank verifications.
  • Work closely with house buyers and receiving department when discrepancies arise with the invoice, purchase order and goods receipts.
  • Work with project leaders in accumulating proper documentation for capital expenditures and submitting for approval as well as capital expenditure tracking and reporting.
  • Works collaboratively with the operations management to analyze manufacturing variances, PPV, cost center spending and work-in-process.
  • Assists in the yearly review of spending allocations used to develop overhead rates for the business and support areas assigned.
  • Assists in the development and review of Plant standard costs.
  • Assist in the calculation and recording of monthly inventory reserves in accordance with established policy.
  • Participate in the development of Cost of Sales budget based on sales volume forecasts from each business unit and departmental expense budgets provided by Financial Planning and Analysis.
  • Participate in forecasting Cost of Sales on a monthly and quarterly basis.
  • Supports company inventory control procedures and helps to ensure appropriate controls over company assets.
  • Prepare ad hoc cost analysis reports to assist Plant Controller and operational leadership in decision-making.
  • Supports Plant Controller and Production Control to ensure Bills of Materials (BOM) are accurate and up to date.
  • Assists and helps evaluate and implement changes to procedures to improve efficiencies and create consistency in procedures.
  • Performs other duties as assigned.

Disclaimer:
The above statements are intended to describe the general nature and level of work being performed by employees assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of employees assigned to this position. Avantor is proud to be an equal opportunity employer.

Why Avantor?

Dare to go further in your career. Join our global team of 14,000+ associates whose passion for discovery and determination to overcome challenges relentlessly advances life-changing science.
 
The work we do changes people's lives for the better. It brings new patient treatments and therapies to market, giving a cancer survivor the chance to walk his daughter down the aisle. It enables medical devices that help a little boy hear his mom's voice for the first time. Outcomes such as these create unlimited opportunities for you to contribute your talents, learn new skills and grow your career at Avantor.
 
We are committed to helping you on this journey through our diverse, equitable and inclusive culture which includes learning experiences to support your career growth and success. At Avantor, dare to go further and see how the impact of your contributions set science in motion to create a better world. Apply today!

EEO Statement:

We are an Equal Employment/Affirmative Action employer and VEVRAA Federal Contractor. We do not discriminate in hiring on the basis of sex, gender identity, sexual orientation, race, color, religious creed, national origin, physical or mental disability, protected Veteran status, or any other characteristic protected by federal, state/province, or local law.

If you need a reasonable accommodation for any part of the employment process, please contact us by email at [email protected] and let us know the nature of your request and your contact information. Requests for accommodation will be considered on a case-by-case basis. Please note that only inquiries concerning a request for reasonable accommodation will be responded to from this email address.

For more information about equal employment opportunity protections, please view the Equal Employment Opportunity is THE LAW Poster, EEO is the Law Poster Supplement, and Pay Transparency Non-Discrimination Provision.

3rd Party Non-Solicitation Policy:

By submitting candidates without having been formally assigned on and contracted for a specific job requisition by Avantor, or by failing to comply with the Avantor recruitment process, you forfeit any fee on the submitted candidates, regardless of your usual terms and conditions. Avantor works with a preferred supplier list and will take the initiative to engage with recruitment agencies based on its needs and will not be accepting any form of solicitation.

Top Skills

Excel
SAP
The Company
HQ: Radnor Township, PA
9,968 Employees
On-site Workplace
Year Founded: 1904

What We Do

Avantor®, a Fortune 500 company, is a leading global provider of mission-critical products and services to customers in the biopharma, healthcare, education & government, and advanced technologies & applied materials industries.

Our portfolio is used in virtually every stage of the most important research, development and production activities in the industries we serve.

Our global footprint enables us to serve more than 225,000 customer locations and gives us extensive access to research laboratories and scientists in more than 180 countries. We set science in motion to create a better world.

More than 13,500 strong, our associates are passionate about our mission to set science in motion to create a better world. We share enthusiasm for innovation, excellence, and achievement. Whether we are collaborating with our customers to advance science or solve multifaceted problems, we help them reach their goals more efficiently and effectively.

Visit our website to learn more about Avantor.


From FORTUNE. © 2021 FORTUNE Media IP Limited All rights reserved. Used under license. FORTUNE is a registered trademark of FORTUNE Media IP Limited and is used under license. FORTUNE and FORTUNE Media IP Limited are not affiliated with and do not endorse products or services of, Avantor.

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