Financial Analyst
AI Summary
The Financial Analyst will prepare financial forecasts, budgets, and operational KPI reports while maintaining financial models to support strategic decision-making. They will also partner with manufacturing and supply chain teams to analyze costs, variances, and profitability to drive continuous improvement.
Candidates must be eligible to work in the U.S. and qualify as a U.S. Person for export-controlled information access. The role requires strong analytical skills and the ability to present financial results to executive leadership.
Job Details
Key Skills
Financial Planning & Analysis
• Prepare monthly, quarterly, and annual financial forecasts and budgets.
• Analyze business performance and identify trends impacting revenue, margins, and cash flow.
• Develop and maintain financial models to support strategic initiatives and operational decision-making.
• Assist in preparation of board, lender, and management reporting packages.
• Support annual operating plan and long-range planning processes.
Manufacturing & Cost Accounting Analysis
• Analyze manufacturing variances including purchase price variance (PPV), labor efficiency, material usage, overhead absorption, and production variances.
• Monitor standard costs and assist with cost roll processes.
• Evaluate inventory levels, inventory turns, and excess and obsolete inventory reserves.
• Analyze product profitability, customer profitability, and production efficiency.
• Partner with operations to identify cost reduction opportunities and support continuous improvement initiatives.
Reporting & KPI Management
• Prepare monthly financial and operational KPI reporting.
• Prepare monthly and quarterly reporting to Board of Directors
• Track and report key working capital metrics, including:
o Days Sales Outstanding (DSO)
o Days Payable Outstanding (DPO)
o Inventory Days on Hand (DOH)
o Cash Conversion Cycle (CCC)
• Develop dashboards and reporting tools to improve visibility into business performance.
• Conduct ad hoc analysis for senior leadership.
Forecasting & Cash Flow Analysis
• Support cash flow forecasting and working capital management.
• Monitor financial performance against budgets and forecasts.
• Analyze trends in receivables, payables, inventory, and operating cash flow.
• Manage 13 week cash flow forecast
• Assist with lender reporting and covenant compliance requirements.
Business Partnership
• Serve as a financial business partner to manufacturing, supply chain, sales, and executive leadership teams.
• Present financial results and recommendations in a clear and concise manner.
• Participate in cross-functional projects to improve profitability and operational excellence.
Must be eligible to work in the US and this position requires access to export-controlled information. Candidates must be a U.S. Person as defined by 22 C.F.R. §120.15 and/or may require licensure under ITAR/EAR.
About Lex Products
Lex Products is a leading manufacturer of robust power distribution and energy storage solutions for demanding industries like entertainment, military, and industrial applications.