Description

Purpose and Scope This role's primary responsibilities include ongoing financial analysis and monthly financial reporting, supporting product costing and improving costing accuracy, actively participating in the annual budget process, and supporting Tolmar's product development and business development activities. This high-visibility, high-growth role will work as a member of a cross-functional finance organization at Tolmar. Essential Duties & Responsibilities Perform data stewardship in support of the Operations and Quality business units, including but not limited to: Maintain and publish daily and weekly production dashboards reflecting production units, production yields, earned standard hours and overhead cost absorption. Provide next-level intelligence by performing monthly data mining in critical areas such as manufacturing scrap, excess and obsolete inventory, PPV, MUV and other manufacturing variances. Compile and publish weekly and monthly labor hour metrics, providing department leaders with actionable data to manage and improve labor utilization and labor productivity. Compile and publish enriched data sets to provide department leaders with detailed department spend (encompassing vendors, materials, headcount and related payroll metrics). Maintain master files used by Operations Finance for monthly cost performance analysis, monthly department reviews, and monthly headcount and payroll discussions. Compile and publish monthly inventory balances used for analysis, internal reporting, and monthly forecasting. Participate in the annual budgeting cycle, leveraging monthly cost forecasts to inform budget targets, identify one-time expenses, and communicate cost savings opportunities. Perform monthly margin analysis, disaggregating and reporting all aspects of our Cost of Sales, to include Performing monthly price-volume-mix analysis for sales and standard product costs and margins; Analyzing, understanding and communicating manufacturing variances, including but not limited to material and labor variances, cost absorption (over)/under, labor productivity, and PPV; Analyzing, understanding and communicating product-level profitability; Analyzing, understanding and communicating our variable manufacturing costs and contribution margin performance; Analyzing, understanding and communicating our fixed overhead costs to inform our understanding of our operational leverage. Partner with Supply Chain to identify slow-moving, excess and obsolete stock, working to optimize our safety stock levels while minimizing non-critical inventory items. Perform ongoing costing analysis, partnering with Manufacturing to ensure the accuracy of our BOMs, Routings and standard product costing. Identify opportunities for automation and productivity gains. Perform ad-hoc data mining as needed. Perform ad-hoc financial and business case modeling as needed. Become fluent in the T^3 process and culture, becoming part of the ongoing transformation in Operations, Quality and Finance. Perform other related duties and projects as assigned. Knowledge, Skills & Abilities Good working knowledge of standard accounting practices, financial concepts and financial statements. Knowledge of Microsoft Office products including Outlook, Excel, Word, PowerPoint. Strong interest in developing and receiving training to improve these skills. Knowledge of common financial evaluation tools (Return on Investment and Net Present Value analysis). Skill in effective oral and written communication. Data driven; strong understanding of key business metrics that drive revenue performance/growth. Skill in the interpretation and manipulation of data to drive decision making and make an impact on organizational strategy. Ability to think analytically, apply analytical techniques and provide in-depth analysis and recommendations. Ability to work independently and be self-motivated. Ability to ork effectively with personnel in various levels of management throughout the company including executive level personnel. Ability to effectively prioritize action items and manage deadlines. Ability to develop working relationships with both internal and external customers. Core Values The Strategic Finance Analyst III - Manufacturing is expected to operate within the framework of Tolmar's Core Values: Consistently operate with the highest standards of ethics and compliance. Take ownership of your actions, success and setbacks. Respect each other and understand that honest collaboration is at the heart of our company success. Go the extra mile to make things happen. Be committed to all we do and the patients we serve. Embrace change with enthusiasm. Strive to learn about and understand the needs of customers and patients, and take action with great speed and efficiency no matter the task. Education & Experience Bachelor's degree in Accounting, Finance, or any Engineering/Science Discipline. Five or more years of experience in a financial planning and analysis organization and/or financial services (investment banking, investing, etc.). Working Conditions Working conditions are normal for an office environment. Remote position. Compensation and Benefits Pay: $95,000 - $105,000, depending on experience Benefits summary: Tolmar compensation programs are focused on equitable, fair pay practices