Financial Analyst

Flex; Milpitas (CA); On-site; USD 85,000 - 125,000; Full time

Job summary

Flex is seeking a Financial Analyst based in Milpitas, CA, reporting to the Senior Controller of Finance. The role involves preparing and researching financial reports to ensure charges and headcount are allocated correctly and reported timely.

Typical duties include month-end close support, variance analysis, and detailed forecasting commentary. Collaboration with regional finance teams and participation in audits are key responsibilities within a dynamic manufacturing environment.

Qualifications

• B. Com / B.C.S / M. Com / MBA / BBA / BBM or equivalent commerce degree.
• 5-6 years of related experience.
• Professional certifications preferred: CPA, CFP, CMA, CA, CGA, or APICS.
• Expertise in Microsoft Excel.

Responsibilities

• Support month-end and quarter-end close activities.
• Perform variance analysis of actual results vs forecast.
• Develop detailed commentary to changes in forecasts and deviations from metrics.
• Liaise between financial departments and regional/local finance managers.
• Assist in quarterly reviews and year-end audit activities.
• Perform inventory analysis and monitor KPIs.
• Reconcile balance sheet accounts with sub-ledger.

Skills

Financial analysis

Variance analysis

Forecasting

Education

Commerce degree

Tools

Microsoft Excel

Job description

Flex is the diversified manufacturing partner of choice that helps market-leading brands design, build and deliver innovative products that improve the world. A career at Flex offers the opportunity to make a difference and invest in your growth in a respectful, inclusive, and collaborative environment. If you are excited about a role but don't meet every bullet point, we encourage you to apply and join us to create the extraordinary.

The Financial Analyst will be based in Milpitas, California, reporting to the Sr. Controller of Finance.

In charge of preparing and researching financial reports in hold up of business needs in order to ensure charges and headcount are passed to the correct business units and to ensure accurate and timely reporting.

What a typical day looks like:

• Support month-end and quarter-end close activities, ensuring financial results are accurate and recorded in accordance with company policies and U.S. GAAP.
• Perform periodic review of Profit and Loss (P&L) accounts to ensure that all the postings are done as per the defined corporate accounting Policy, Process and Procedures.
• Perform variance analysis of actual results versus Quote/forecast, and prior periods, and provide clear explanations to management
• Develop detailed commentary to changes in forecasts and to deviations from targeted financial metrics.
• Liaise between financial departments and regional and local finance managers in developing internal working partnerships.
• Assist in quarterly reviews and year-end audit activities.
• Perform inventory analysis, including inventory aging, excess and obsolete (E&O) reserves
• Key KPIs Typically Owned/Monitored - Revenue, VAM (Value added Margin), Manufacturing Variances, Cash Flow, PPV (Purchase Price Variance)
• Makes recommendations to management regarding cost saving or profit generating opportunities and profitability improvement strategies
• Reconcile all the scoped Balance sheet accounts with sub ledger/manual schedule to identify the variance, if any and ensure that those variances are properly deal in the books of accounts.

The experience we're looking to add to the Team:

• Typically requires a B. Com / B.C. S / M. Com / MBA /BBA/ BBM, any other commerce and Accounts Stream degrees.
• Typically requires 5-6 years of related experience.
• Related professional certification preferred - Certified Public Accountant (CPA), Certified Financial Planner (CFP), Certified Management Accountant (CMA), Chartered Accountant (CA), Certified General Accountant (CGA), or a America Production Inventory Control Society (APICS).
• Expertise in Microsoft and Excel

Flex is an Equal Opportunity Employer and employment selection decisions are based on merit, qualifications, and abilities. We do not discriminate based on: age, race, religion, color, sex, national origin, marital status, sexual orientation, gender identity, veteran status, disability, pregnancy status, or any other status protected by law. We're happy to provide reasonable accommodations to those with a disability for assistance in the application process. Please email [e-mail] and we'll discuss your specific situation and next steps (NOTE: this email does not accept or consider resumes or applications. This is only for disability assistance. To be considered for a position at Flex, you must complete the application process first).