Business Professional - Financial Analyst III

Lancesoft; Sunnyvale (CA); On-site; USD 94,000 - 125,000; Full time

Benefits offered by this job

Medical Insurance

Dental & Vision Insurance

401k Contributions

Critical Illness Insurance

Voluntary Permanent Life Insurance

Accident Insurance

Other Perks

Job summary

LanceSoft is seeking a Financial Analyst III in Sunnyvale, CA to support the monthly close for manufacturing operations, analyze variances, and maintain standard costing and inventory reporting. The role requires strong Excel skills, ERP experience, and collaboration with Operations and Procurement to drive cost improvements.

The candidate will develop cost analyses for new product introductions, perform balance sheet reconciliations, and assist in budgeting and forecasting activities in a

Qualifications

• 5+ years of related experience with a Bachelor’s degree; or 3 years and an advanced degree or equivalent work experience.
• Solid understanding of financial statements, inventory accounting, and manufacturing cost concepts.
• Strong written and verbal communication skills.
• Ability to manage multiple priorities and deadlines in a fast-paced environment.

Responsibilities

• Support monthly financial close for manufacturing operations, ensuring accurate reporting of inventory, COGS, and manufacturing expenses.
• Analyze variances (PPV, material usage, direct labor, overhead, scrap) and provide commentary on manufacturing performance.
• Support standard costing activities and annual standard cost updates.
• Reconcile inventory balances across raw materials, WIP, finished goods, and third-party locations.
• Perform inventory reserves analysis (E&O, slow-moving, at-risk inventory).
• Prepare and analyze cycle counts and physical inventories; resolve variances.
• Collaborate with Operations, Supply Chain, Procurement, and Accounting on cost drivers and reporting.
• Develop financial models for new product introductions, sourcing initiatives, and manufacturing transfers.
• Prepare recurring financial and manufacturing reports highlighting trends, risks, and savings opportunities.
• Assist in audits and drive automation of data-intensive month-end processes.

Skills

Excel advanced

PivotTables

Lookups

Formulas

Data analysis

Communication

Multitasking

Attention to detail

Problem solving

Education

Bachelor's degree

Advanced degree or equivalent

Tools

SAP

ERP systems

Hyperion/HFM

Power BI

Tableau

Job description

Title: Financial Analyst III Location: Sunnyvale, CA 94085 Duration: 0-6+ months Shift: First shift Pay Rate: $45–$60/HR on w2

What You’ll Do

Support the monthly financial close process for manufacturing operations, ensuring accurate and timely reporting of inventory, cost of goods sold, and manufacturing expenses. Prepare and analyze manufacturing variances, including purchase price variance (PPV), material usage, direct labor, overhead, absorption, scrap, and other production-related variances. Perform actual vs. Budget and forecast analysis, identify key drivers, and provide clear commentary on manufacturing performance. Support standard costing activities, including annual standard cost updates, cost rolls, and analysis of changes in material, labor, and overhead costs. Analyze and reconcile inventory balances, including raw materials, work in process, finished goods, and inventory held at third-party or contract manufacturing locations. Support inventory reserve analysis, including excess and obsolete (E&O), slow-moving, and at-risk inventory. Perform inventory and balance sheet reconciliations and investigate discrepancies to ensure accurate financial reporting. Partner with Operations and Supply Chain to analyze scrap, inventory adjustments, productivity, manufacturing spending, and other factory cost drivers. Support cycle count and physical inventory processes, including investigation and resolution of inventory variances. Review manufacturing cost center expenses and prepare reclassifications and corrections as necessary. Work closely with Accounting during financial statement reviews and ensure appropriate reconciliation between financial and management reporting. Support the development of the Annual Operating Plan (AOP), forecasts, and manufacturing budgets, with particular focus on material costs, labor, overhead, inventory, and operating expenses. Develop financial models and cost analyses for new product introductions, sourcing initiatives, manufacturing transfers, and other operational projects. Partner with Procurement and Supply Chain to understand material cost changes, sourcing savings, supplier impacts, and purchase price variances. Prepare recurring financial and manufacturing reports, highlighting key trends, risks, savings opportunities, and areas requiring management attention. Support internal and external audit requirements related to inventory, costing, manufacturing expenses, and financial controls. Identify opportunities to improve and automate financial and cost accounting processes, particularly data-intensive month-end and reporting activities. Perform ad-hoc financial and cost analysis to support Finance and Operations leadership.

How You’ll Get Here

Minimum Qualifications 5+ years of related experience with a Bachelor’s degree;or 3 years and an advanced degree or equivalent work experience Solid understanding of financial statements, inventory accounting, and manufacturing cost concepts. Experience analyzing financial results and investigating variances. Strong analytical and problem‑solving skills with excellent attention to detail. Advanced Microsoft Excel skills, including PivotTables, lookups, formulas, and analysis of large datasets. Strong written and verbal communication skills. Ability to manage multiple priorities and deadlines in a fast‑paced environment.

Preferred Qualifications

Prior experience in manufacturing finance or cost accounting. Experience with standard costing, inventory accounting, PPV, manufacturing variances, and cost of goods sold. Experience with SAP or another ERP system, particularly inventory, production, and product costing functionality. Experience with Hyperion, HFM, or similar financial reporting systems. Experience working across multiple manufacturing sites or business units. Experience with Power BI, Tableau, Power Query, or other reporting and automation tools. CPA, CMA, MBA, or progress toward a professional accounting certification is a plus.

Key Hiring Criteria

Strong financial analysis skills with an understanding of manufacturing and cost accounting fundamentals. Ability to investigate financial, cost, and inventory variances and identify underlying business drivers. Ability to work effectively with Operations, Supply Chain, Procurement, Accounting, and Finance. High level of ownership, accuracy, and attention to detail. Ability to balance day‑to‑day analytical and accounting activities with forecasting, reporting, and process improvement responsibilities. Strong communication skills and the ability to translate financial results into meaningful insights for non‑finance stakeholders. A continuous improvement mindset with an interest in simplifying and automating financial processes.

How You’ll Make an Impact

As a Financial Analyst III, you will provide critical financial support to the manufacturing organization by helping ensure accurate product costs, inventory reporting, and factory financial results. Your analysis will help leadership understand operational performance, identify risks and opportunities, and make informed decisions that improve financial and manufacturing performance.

Comments for Suppliers:

Need someone with a background in manufacturing

Employee Benefits:

At LanceSoft, full‑time regular employees who work a minimum of 30 hours a week or more are entitled to the following benefits:

• Four options of medical Insurance
• Dental and Vision Insurance
• 401k Contributions
• Critical Illness Insurance
• Voluntary Permanent Life Insurance
• Accident Insurance
• Other Employee Perks

EEO Employer LanceSoft is a certified Minority Business Enterprise (MBE) and an equal‑opportunity employer. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws. This policy applies to all employment practices within our organization, including hiring, recruiting, promotion, termination, layoff, recall, leave of absence, compensation, benefits, training, and apprenticeship. LanceSoft makes hiring decisions based solely on qualifications, merit, and business needs at the time.