Capex Planning Finance Analyst – Capital Projects

Global Power Components; North Bergen (NJ); On-site; USD 65,000 - 90,000; Full time

Job summary

Global Power Components is seeking a Financial Analyst – Capital Planning to support CAPEX budgets, forecasts, and asset accounting. You will work with Operations, Facilities, Purchasing, and Accounting to ensure accurate project tracking, capitalization, and reporting.

The role emphasizes financial analysis, process improvement, and closeout activities for capital projects in a manufacturing setting.

Qualifications

• Bachelor’s degree in Finance, Accounting, or related field.
• 1-3 years of experience in financial analysis, accounting, project accounting, or fixed asset accounting.
• Experience with financial analysis, account reconciliations, financial reporting, budgeting, or forecasting.
• Experience in a manufacturing, industrial, construction, or other capital-intensive environment preferred.

Responsibilities

• Partner with department leaders to develop and maintain CAPEX budgets, forecasts, and long-range capital plans.
• Support the CAPEX workflow and review requests for compliance with company capitalization, documentation, and approval policies.
• Collaborate with Purchasing, Facilities, Operations, and Accounting to monitor capital project progress, purchase orders, invoices, commitments, expected in-service dates, and forecast-to-complete amounts.
• Identify and communicate potential project budget, cost, timing, and documentation issues to project owners and Finance leadership.
• Prepare CAPEX spending, project status, cash flow, and budget variance reporting for the monthly leadership reporting deck.
• Reconcile construction-in-progress balances to capital project schedules and the general ledger each month.
• Coordinate the financial closeout of completed capital projects, including final cost review, capitalization, and resolution of outstanding commitments.
• Prepare and record monthly journal entries for asset additions, transfers, disposals, depreciation, and other fixed asset activity.
• Maintain fixed asset records, depreciation schedules, project files, and supporting documentation.
• Reconcile the fixed asset subledger to the general ledger and investigate and resolve discrepancies.
• Support periodic fixed asset inventories and asset verification activities.
• Assist project sponsors with financial justification and analysis, including return on investment, payback period, cash flow, and sensitivity analysis.
• Support post-completion reviews of significant projects by comparing actual spending and benefits with the approved business case.
• Support month-end and year-end close activities and external audit requests related to fixed assets and capital projects.
• Maintain CAPEX procedures and internal controls and identify opportunities to improve data quality, workflow efficiency, and reporting.
• Support ad hoc financial analyses and cross-functional projects as needed.

Skills

Analytical thinking

Financial analysis

Project management

Attention to detail

Communication

Education

Bachelor’s degree in Finance or Accounting

Tools

Power BI

Excel (Pivot tables, lookups)

ERP systems

Job description

Global Power Components is seeking a Financial Analyst – Capital Planning to support CAPEX budgets, forecasts, and asset accounting. You will work with Operations, Facilities, Purchasing, and Accounting to ensure accurate project tracking, capitalization, and reporting.

The role emphasizes financial analysis, process improvement, and closeout activities for capital projects in a manufacturing setting.