Financial Analyst

LEX Innovations; Shelton (CT); On-site; USD 85,000 - 125,000; Full time

Job summary

Lex Innovations in Shelton, CT is seeking a Finance Analyst responsible for forecasting, cost accounting, and financial reporting to support strategic decisions.

The role partners with manufacturing, supply chain, and leadership to drive profitability and operational excellence, delivering dashboards and ad hoc analyses for senior management. Eligible to work in the US and handling export-controlled information requirements will apply.

Qualifications

• Prepare monthly, quarterly and annual forecasts and budgets.
• Analyze business performance to identify revenue, margin and cash flow trends.
• Develop and maintain financial models for strategic initiatives and decision-making.
• Support board, lender and management reporting packages.
• Assist in annual operating plan and long-range planning.

Responsibilities

• Analyze manufacturing variances including PPV, labor efficiency, material usage, overhead absorption and production variances.
• Monitor standard costs and assist with cost roll processes.
• Evaluate inventory levels, turns and obsolescence reserves.
• Analyze product profitability, customer profitability and production efficiency.
• Partner with operations to identify cost reduction opportunities and support continuous improvement.
• Prepare monthly financial and operational KPI reporting.
• Prepare monthly and quarterly reporting to Board of Directors.
• Track working capital metrics: DSO, DPO, DOH, CCC.
• Develop dashboards and reporting tools to improve visibility into business performance.
• Conduct ad hoc analysis for senior leadership.
• Support cash flow forecasting and working capital management.
• Monitor performance vs budgets and forecasts.
• Analyze trends in receivables, payables, inventory and operating cash flow.
• Assist with lender reporting and covenant compliance.
• Serve as financial business partner to manufacturing, supply chain, sales, and executive leadership teams.
• Present financial results and recommendations clearly.
• Participate in cross-functional projects to improve profitability and operational excellence.

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Full Time Shelton, CT, US

• Prepare monthly, quarterly, and annual financial forecasts and budgets.
• Analyze business performance and identify trends impacting revenue, margins, and cash flow.
• Develop and maintain financial models to support strategic initiatives and operational decision-making.
• Assist in preparation of board, lender, and management reporting packages.
• Support annual operating plan and long-range planning processes.

Manufacturing & Cost Accounting Analysis

• Analyze manufacturing variances including purchase price variance (PPV), labor efficiency, material usage, overhead absorption, and production variances.
• Monitor standard costs and assist with cost roll processes.
• Evaluate inventory levels, inventory turns, and excess and obsolete inventory reserves.
• Analyze product profitability, customer profitability, and production efficiency.
• Partner with operations to identify cost reduction opportunities and support continuous improvement initiatives.

Reporting & KPI Management

• Prepare monthly financial and operational KPI reporting.
• Prepare monthly and quarterly reporting to Board of Directors
• Track and report key working capital metrics, including:
• Days Sales Outstanding (DSO)
• Days Payable Outstanding (DPO)
• Inventory Days on Hand (DOH)
• Cash Conversion Cycle (CCC)
• Develop dashboards and reporting tools to improve visibility into business performance.
• Conduct ad hoc analysis for senior leadership.

Forecasting & Cash Flow Analysis

• Support cash flow forecasting and working capital management.
• Monitor financial performance against budgets and forecasts.
• Analyze trends in receivables, payables, inventory, and operating cash flow.
• Assist with lender reporting and covenant compliance requirements.

Business Partnership

• Serve as a financial business partner to manufacturing, supply chain, sales, and executive leadership teams.
• Present financial results and recommendations in a clear and concise manner.
• Participate in cross-functional projects to improve profitability and operational excellence.

Must be eligible to work in the US and this position requires access to export-controlled information. Candidates must be a U.S. Person as defined by 22 C.F.R. §120.15 and/or may require licensure under ITAR/EAR.