Senior Financial Analyst

Posted 22 Days Ago
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Clinton, SC, USA
In-Office
Senior level
Industrial • Manufacturing
The Role
The Senior Financial Analyst will oversee cost standards, budgets, and forecasts, provide financial analysis, and support operational areas in the company. Responsibilities include analyzing costs, preparing journal entries, and participating in financial reporting and planning.
Summary Generated by Built In

Collaboration drives Nordson’s success as a market leader in Industrial Precision Solutions and Advanced Technology. Our employees thrive in an environment where we help each other reach our personal best and enable our company to continuously improve and grow, and our customers to succeed. You will find Nordson employees sharing our success by giving back in the communities around the world where we live and work.

Essential Job Duties and Responsibilities

  • Review cost standards, including maintaining periodic cost rolls and annual updates. Ensure the use of consistent methodology and provide key factors driving change.
  • Oversee the annual manufacturing budgets and forecasts for short- and long-range operating objectives.
  • Work closely with operations team to help deliver their business objectives by driving the high leverage financial opportunities, such as increased capacity utilization, material cost savings, streamlined logistics, product/process cost optimization, working capital reduction, capital effectiveness and restructuring/sourcing projects.
  • Provide financial analysis to all aspects of these organizations, including but not limited to gross margin analysis, labor, and overhead cost analysis.
  • Prepare various journal entries, review month-end balance sheets, ensure monthly assessments and settlements are accurate and timely, review cut-off procedures, and run and reconcile OneStream reports.
  • Analyze actual manufacturing costs and prepare periodic reports comparing standard costs to actual production costs; review manufacturing variances (PPV, POV) and manufacturing absorption analysis reports.
  • Oversee global reporting, planning, and forecasting of Indirect Cost of Sales for all ICS manufacturing locations.
  • Compare performance with operating plans and standards.  Provides reports and interprets the results of operations to all levels of management.  This includes the formulation of accounting policies, the preparation of financial statements and operating data, the coordination of systems and procedures, and special reports as required.
  • Responsible for providing financial analysis and support to all operational areas affecting the division, including commercial sales, operations/production, engineering, and product management.
  • Participate in the month-end close, including preparation of required journal entries, account reconciliations, and prepare month-end variance analysis for the income statement and working capital.

Education and Experience Requirements

  • Bachelor's degree in Accounting, Finance, or related field of study required.  MBA, CPA, CMA desirable.
  • Prior experience with Standard Costing practices within manufacturing environment required.
  • Three to five years experience analyzing past results, performing variance analysis, identifying trends, and making recommendations for improvements to senior management.
  • 5+ years experience ideally gained through providing decision support for growth initiatives and strategic planning within a global manufacture operation.
  • Experience with ERP system required; SAP strongly preferred.
  • Working knowledge of manual and automated accounting systems, well-developed financial analysis capabilities, and demonstrated ability to manage micro computer operations and applications.

Preferred Skills and Abilities

  • High energy level, comfortable performing multifaceted projects in conjunction with normal activities.
  • Strong analytical and reasoning abilities.
  • Strong numeric and spreadsheet skills.
  • Well-organized with sound administrative skills.
  • Detail oriented
  • Strong communication skills with the ability to communication effectively at any level.
  • Ability to work in a fast-paced environment with competing priorities; ability to multi-task.

Working Conditions and Physical Demands

Office environment. To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed above are representative of the knowledge, skill, and/or ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

Travel Required

  Estimated _10_%

Nordson Corporation provides equal employment opportunity to all applicants and employees. No person is to be discriminated against in any aspect of the employment relationship due to race, religion, color, sex, age, national origin, ancestry, disability, sexual orientation, gender identity, genetic information, citizenship status, marital status, pregnancy, veteran status or any other status protected by applicable federal, state, or local law. All employment offers are contingent upon successful completion of our pre-employment drug screening and background/criminal check, consistent with applicable laws.Third party recruiters and agencies should not contact employees of Nordson or its subsidiaries directly. Any resumes sent to a hiring manager or submitted to Nordson employees are considered unsolicited and property of Nordson. Nordson will not pay a placement fee unless the agency or recruiter has a signed contract with Nordson’s Human Resources department in advance of submitting a candidate for consideration. Verbal and written approvals will not be considered a valid contract for service.

Skills Required

  • Bachelor's degree in Accounting, Finance, or related field
  • Prior experience with Standard Costing practices within manufacturing
  • 3-5 years experience analyzing past results and performing variance analysis
  • 5+ years experience providing decision support for growth initiatives
  • Experience with ERP system, SAP preferred
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The Company
Sydney, Sydney
2,445 Employees
Year Founded: 1954

What We Do

Nordson is a team of 7,300 global employees thriving in an environment where they are supported and encouraged to be their best. Working side by side, we build meaningful connections with each other and our customers. Together, we deliver products that are solutions, and they’re likely touching your life every day. Have you ever changed a diaper? Opened a box of cereal? Used a smart phone or driven a car? Then we’ve already met. At Nordson, we take pride in being an outstanding corporate citizen and strongly believe in sharing our success with the communities where our employees live and work. Whether you’re working in one of our labs, offices or manufacturing facilities, your efforts will enable our customers to succeed and our company to continuously improve and grow. We engineer, manufacture and market differentiated products and systems used for precision dispensing and processing in a variety of end markets, from packaging to transportation and medical to electronics. Founded in 1954, we operate under the values of integrity, respect for people, customer passion, energy and excellence. Nordson is headquartered in the United States in Westlake, Ohio, and has direct operations in more than 30 countries to support our products and systems with application expertise and a direct global sales and service organization

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