Financial Analyst

NPAA; Lansing (IL); On-site; USD 65,000 - 95,000; Full time

Benefits offered by this job

Earned Bonus Structure

11 paid holidays

401(k) with company match

Tuition reimbursement

Job summary

NPAA in Lansing, Illinois is seeking a Financial Analyst to support financial planning, cost analysis, inventory management and reporting in a manufacturing setting.

You will analyze product costs, labor, and overhead, monitor inventory costs, perform variance analyses and provide insights to pricing, purchasing and operations. Collaboration with cross-functional teams is essential.

Qualifications

• Bachelor's degree in accounting, finance, business, supply chain, or related field.
• At least three years of financial analysis, cost accounting, inventory analysis, or manufacturing finance experience.
• Strong understanding of product costing, standard costing, variance analysis, inventory valuation, and manufacturing cost drivers preferred.
• Experience with ERP systems required; SAP experience preferred.
• Advanced Microsoft Excel skills required; analytics/reporting tools experience preferred.

Responsibilities

• Maintain and analyze material cost records, standard costs, and related costing data to support accurate financial reporting.
• Perform periodic material cost updates and evaluate financial impact of changes in raw material, labor, overhead, and supply costs.
• Conduct monthly actual vs. plan variance analysis for manufacturing expenses, production performance, inventory activity, and cost center results.
• Develop financial analytics, dashboards and reports summarizing cost trends, inventory movements, expense performance and forecasted spending.
• Prepare periodic cost reconciliation reports including labor, supply, freight, overhead and inventory-related costs.
• Assist in budgeting and forecasting for manufacturing cost centers and annual plan support.
• Analyze inventory valuation, movements, obsolescence and physical inventory activity to support controls.
• Partner with Operations, Purchasing and Finance to investigate variances and process improvements.
• Maintain fixed asset records and analyze depreciation and capital activity.
• Perform other related duties as assigned.

Skills

Financial analysis

Cost accounting

Variance analysis

Data interpretation

Education

Bachelor's degree in accounting/finance or related field

Tools

SAP

Excel

Job description

At NPAA, we believe our employees are our greatest strength. We are proud to offer a generous and competitive rewards package, including:

• Earned Bonus Structure – annual merit increases, and an annual incentive bonus plan.
• Time Off & Holidays – 11 paid holidays each year, plus paid time off to support work-life balance.
• Health & Retirement – comprehensive health and welfare plans, along with a 401(k)program featuring an exceptional company match.
• Career Growth & Recognition – tuition reimbursement, employee recognition programs, and opportunities to grow within the organization.
• Culture & Community – as part of the NPAA family, you'll enjoy company events throughout the year celebrating and appreciating our employees' hard work and dedication.

POSITION SUMMARY

The Financial Analyst will support financial planning, cost analysis, inventory management, and reporting within a manufacturing environment. This role will analyze product costs, material, labor, and overhead expenses; monitor inventory costs; perform monthly cost and variance analysis; and provide accurate financial insights to support pricing, purchasing, and operational decisions. The position will partner with cross-functional teams to identify cost drivers, trends, and opportunities for improved financial performance.

POSITION RESPONSIBILITIES

• Maintain and analyze material cost records, standard costs, and related costing data to support accurate financial reporting and business decisions.
• Perform periodic material cost updates and evaluate the financial impact of changes in raw material, labor, overhead, and supply costs.
• Perform monthly actual versus plan variance analysis for manufacturing expenses, production performance, inventory activity, and cost center results.
• Develop financial analytics, dashboards, and reports that summarize cost trends, inventory movements, expense performance, forecasted spending, and efficiency opportunities.
• Prepare periodic cost reconciliation reports, including analysis of changing labor, supply, freight, overhead, and inventory-related costs.
• Assist in budgeting and forecasting for manufacturing cost centers, including annual plan support, cost assumptions, and operational expense analysis.
• Analyze inventory valuation, inventory movements, obsolescence, discards, cycle count results, and physical inventory activity to support inventory accuracy and financial controls.
• Partner with Operations, Purchasing, and Finance to investigate cost variances, inventory discrepancies, and process improvement opportunities.
• Maintain fixed asset records and analyze depreciation, capital activity, and related expense impacts.
• Performs other related duties, as assigned.

POSITION QUALIFICATIONS

• Bachelor's degree in accounting, finance, business, supply chain, or related field desired.
• At least three years of related financial analysis, cost accounting, inventory analysis, or manufacturing finance experience required.
• Strong understanding of product costing, standard costing, variance analysis, inventory valuation, and manufacturing cost drivers preferred.
• Experience analyzing large data sets and developing financial reports, trend analysis, reconciliations, and actionable business insights required.
• Knowledge of US GAAP and SOX concepts preferred.
• Previous experience with ERP systems required; SAP experience preferred.
• Advanced Microsoft Excel skills required; experience with analytics or reporting tools preferred.

Nippon Paint Automotive Americas Inc. provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.