Sr. Financial Analyst

  • IPS Corporation
  • May 09, 2022
Full time Finance Manufacturing

Job Description

About the Company:
IPS Corporation is a global, market-leading provider of solvent cements, adhesives and specialized plumbing products. Founded in 1955 in Los Angeles, CA, IPS began by producing clear cements for laminating acrylic sheet for aircraft canopies. Today, IPS, with its three operating companies, has eight manufacturing plants and nine distribution centers supporting sales to a diverse set of end markets in 85 countries.

Job Summary:"
The Finance team for IPS Corp is looking for ways to continue to unlock opportunities to maximize value across the markets and channels in which we operate.  You will work with stakeholders across the business to review and consolidate forecasts, ensuring the latest financial planning cascades across the business. You will need to develop close working relationships with key cross functional stakeholders to identify opportunities where analytics can be leveraged to benefit objectives. Your role is key in analyzing and interpreting results to enable the business to make informed strategic decisions with significant exposure to senior business leaders.  You will work together with the Finance Director to ensure to meet tight deadlines, handle a demanding and fluctuating workload and at the same time provide accurate and reliable data. You demonstrate thoroughness and attention to detail with a steadiness under pressure. You are a team player who shows energy and persistence.
The senior financial analyst role reports directly to the finance director.

Key Responsibilities
The Senior Financial Analyst will assist the Finance Director in owning and running forecasting and actual reporting processes including all related deliverables (Flash reports, Forecast & Actual Narratives, Forecast review files, Presidents letter inputs, budget decks, strategy financials) and align final submissions with Finance Director. Special analysis and projects to be conducted as per guidance from the Finance Director. The analyst will also support finance directors with journal entry input, analysis and reporting including across teams to present and translate important financial information and assist in company audits.
 
Key Areas of Accountability
  • Assistance with Month End, Flash and Forecast reporting packages
  • Rebate processing and monitoring accruals like rebates and freight
  • Monthly sales reporting including customer P&L, PPV etc.
  • Journal entry posting such as samples, freight, sales and COGS allocations
  • CAPEX tracking, reporting and analysis
  • Margin analytics by customer, channel, sku 
  • Assist in annual budget process working with senior leaders
  • Develop and implement KPIs across operating company
  • Productivity and efficiency support (Kaizen)
  • Partner with cost accountant and shared services accounting team
  • Backup coverage to finance directors
  • Build SOPs and presentation support for FP&A department
  • Adhoc analysis and reporting as needed
 
Education and Experience Requirement
  • Bachelor’s degree in accounting, finance or business with an emphasis in finance required
  • 5+ years of professional experience in finance required.  Experience in manufacturing environment highly preferred.
  • Strong analytical capability and the curiosity to blend various data sets to develop valuable insights across categories or departments.
  • You are considered to be a strong communicator, with the ability to combine your understanding of the financial process with persuasiveness and confidence.
  • Proven track record of problem solving, contributing, and influencing across levels and functions - Analyses, Coordinates, executes and presents findings.
 
Other Preferred Experiences
  • Experience with JDE and Insight preferred
  • Excellent computer skills; experience in accounting software, Microsoft Office Suite including Excel analytical skillset
  • Excellent written and verbal communication skills
  • Accurate and precise attention to detail
  • Ability to multitask, prioritize, and manage time efficiently in fast paced environment
  • Ability to drive process improvements and sustainment with minimal supervision
  • Travel approx. 10%