Financial Analyst

Coherent; Sherman (TX); On-site; USD 65,000 - 105,000; Full time

Job summary

Coherent is seeking a Finance professional to support budgeting, forecasting, and long-range planning across Operations and Finance. You will prepare forecasted information with management and analyze variances.

In this role you will build financial models for business cases, CAPEX decisions, capacity expansion, and other strategic initiatives, and deliver reports and dashboards to leadership.

Qualifications

• Bachelor's degree in Finance, Accounting, Business, or a related field.
• 2–5 years of experience in financial analysis, FP&A, corporate finance, cost accounting, or a related discipline.
• Proficiency in Microsoft Excel, data analysis, and reporting.

Responsibilities

• Budgeting, forecasting, and modeling support with cross-functional teams.
• Prepare ad hoc analyses to support budgeting and forecast assumptions.
• Assist with financial models for business cases, ROI analyses, capacity expansion, and CAPEX planning.
• Assist with capital expenditure planning plus ROI, payback, and sensitivity analyses.
• Collect, organize, and validate financial and operational data from multiple systems.
• Conduct variance analysis and monthly reporting packages.
• Prepare and maintain financial reports, dashboards, and leadership presentations.
• Identify financial risks/opportunities and communicate findings to leadership.

Skills

Excel proficiency

Financial analysis

Forecasting

Cross-functional collaboration

Attention to detail

Oracle

Hyperion

Education

Bachelor's degree in Finance, Accounting, Business, or related field

Tools

Oracle

Hyperion

Job description

Primary Duties & Responsibilities

Budgeting, Forecasting & Modeling

• Support the annual budgeting, periodic forecasting, and long-range planning processes by working with functional management to prepare and load forecasted information.
• Prepare ad hoc analyses to support budgeting and forecast assumptions.
• Assist with financial models to support business cases, investment decisions, capacity expansion, equipment purchases, and other strategic initiatives.
• Assist with capital expenditure planning and tracking, including ROI, payback, and sensitivity analyses for major investments.
• Collect, organize, and validate financial and operational data from multiple systems.
• Variance Analysis
• Prepare monthly financial reporting packages, including analysis of actual results versus budget and forecast.
• Partner with Operations, Manufacturing and Finance teams to understand production volumes, yields, utilization, material costs, labor, overhead, and other manufacturing cost drivers.
• Prepare and maintain financial reports, metrics, dashboards, and presentations for Finance and Operations leadership.
• Identify financial risks and opportunities and communicate findings to Finance and business leadership.

Financial Statement Close

• Assist with month-end financial close activities including preparation of journal entries and account reconciliations.
• Support inventory analysis, including inventory levels, reserves, excess and obsolete inventory, and working-capital trends.
• Prepare rollforward analysis of key account balances for corporate reporting purposes.
• Analyze revenue, gross margin, operating expenses, and capital expenditures on a routine basis to understand key drivers of changes.
• Drive continuous improvement and automation of financial reporting and analytical processes.

Skills

• Basic understanding of financial statements, budgeting, forecasting, and variance analysis.
• Ability to work cross-functionally and manage multiple priorities in a fast-paced environment.
• Proficiency in Microsoft Excel, including formulas, pivot tables, charts, and data analysis.
• Strong analytical and problem-solving skills with exceptional attention to detail.
• Strong written and verbal communication skills.
• Experience within the semiconductor, electronics, advanced manufacturing, or technology industry.
• Experience with ERP and financial planning systems such as Oracle, Hyperion, or similar platforms.

Education & Experience

• Bachelor's degree in Finance, Accounting, Business, or a related field.
• 2–5 years of experience in financial analysis, FP&A, corporate finance, cost accounting, or a related discipline.

Working Conditions

• Office environment within a production or technical business setting.
• Ability to support stakeholders across multiple functions and time zones as needed.
• Limited travel may be required.

Physical Requirements

Must be available sit at a computer for long periods of time and work at a computer station.

Safety Requirements

All employees are required to follow the site EHS procedures and Coherent Corp. Corporate EHS standards.

Quality and Environmental Responsibilities

Depending on location, this position may be responsible for the execution and maintenance of the ISO 9000, 9001, 14001 and/or other applicable standards that may apply to the relevant roles and responsibilities within the Quality Management System and Environmental Management System.

Culture Commitment

Ensure adherence to company’s values (ICARE) in all aspects of your position at Coherent Corp.

Integrity – Create an Environment of Trust

Collaboration – Innovate Through the Sharing of Ideas