Financial Analyst

Reposted 15 Days Ago
Marlborough, MA
In-Office
79K-105K Annually
Junior
Appliances • Manufacturing
The Role
The FP&A Analyst at IPG Photonics will support budgeting, forecasting, and business analytics, collaborating with stakeholders to enhance financial decisions. Responsibilities include financial reporting, developing financial models, and analyzing key performance indicators.
Summary Generated by Built In
Job Summary & Responsibilities

IPG Photonics is revolutionizing the laser industry as the pioneering developer and leading producer of fiber lasers and amplifiers. Headquartered in Marlborough, MA, IPG has over 4,800 employees in more than 30 locations around the world. We aspire to work together with our employees and customers to apply light in ways that improve life.


Our mission is to develop innovative laser solutions to make the world a better place. To accomplish this mission, we are committed to attracting and retaining the best talent and an engaged and thriving workforce that drives a sustainable future for our company and society.


Working at IPG Photonics you can expect challenging projects, a motivating and friendly environment, and competitive benefits.

 

IPG Photonics develops, manufactures and sells high-performance fiber lasers, fiber amplifiers and diode lasers that are used for diverse applications, primarily in materials processing, medical and advanced applications.  We are seeking a Financial Planning & Analysis (FP&A) analyst to play an integral role in enhancing IPG’s strategic financial partnership to the business.

 

Why Join Us:

  • High Visibility: Gain significant exposure to senior leadership and cross-functional teams, enhancing your professional network and career growth.
  • Immediate Impact: Opportunity to make a tangible difference from day one, contributing to key financial decisions and strategic initiatives.
  • Professional Development: Access to continuous learning and development programs to advance your skills and career.
  • Innovative Environment: Work in a dynamic and forward-thinking organization that values creativity and innovation.
  • Collaborative Culture: Be part of a supportive and collaborative team that encourages knowledge sharing and teamwork.

Job Summary and Key Responsibilities:

 This role will be integral to the Financial Planning & Analysis (FP&A) team, with a focus on supporting the budgeting, planning, and business analytics function. Responsibilities include:

  • Assisting in the preparation and analysis of annual budget, in year reforecasts as well as long-term financial projections .  Prepare detailed financial reports, forecasts, and budgets
  • Developing cooperative relationships with key business partners / stakeholders.  Provide in-depth actual to plan/forecast comparatives along with additional comprehensive analysis to support management decision making.   
  • Enhancing budgeting and analysis procedures through continual process improvements and utilization of new software and analytical tools
  • Collecting and analyzing sales reporting and forecast metrics on a periodic basis
  • Analyzing industry and macroeconomic indicators relative to IPG key performance indicators
  • Exhibiting flexibility and willingness to take on new responsibilities and assignments as they are identified and to assist with various ad hoc projects.
  • Assist in the development and implementation of financial models.
  • Support senior management with ad-hoc analysis and presentations.
Preferred Qualifications

Education and Experience:

  •  Bachelor’s or Master’s degree in Finance, Accounting, Mathematics and or Economics
  •  2 - 4 years previous FP&A / Analyst experience
  •  Experience with a major public global manufacturing or technology corporation is a plus

Skills and Competencies:

  • Strong analytical skills combined with excellent communication and interpersonal skills
  • Expert abilities in Excel including pivot tables, filtering, and other advanced functions
  • Proficiency required in other MS applications including Word and PowerPoint
  • Highly Desired: Experience with data management and business intelligence software, including Microsoft Navision, Host Analytics, Power BI, and SQL language highly desired
  • Ability to learn, utilize, and teach others reporting tools

Attributes:

  • Collaborative and team-oriented; able to build effective working relationships with all levels and groups within an organization
  • “Self-Starter” who has a high level of accountability and ownership over areas assigned
  • Great learning skills and curiosity
  • Creative problem solver; always looking for ways to improve existing processes
  • Detail oriented and able to prioritize multiple tasks
  • High level of integrity

#IND123

Pay Range

MA: $78,872 - $104,506

Top Skills

Excel
Host Analytics
Microsoft Navision
MS Office
Power BI
SQL
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The Company
Novi, MI
1,458 Employees

What We Do

IPG Photonics is the world leader in fiber laser technology, offering solutions for applications across a wide array of industries. Headquartered in Marlborough, USA, the company has developed a robust, vertically integrated supply chain, developing key technology components in-house, thus enabling the most reliable, powerful, and efficient laser solutions. With over 30 locations across the globe, we are committed to developing innovative products that provide reliable, cost-effective solutions for our customers’ needs.

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