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Sanmina Corporation, a leading EMS provider, seeks a Financial Analyst to support the Director of Inventory Governance in daily financial duties and monthly close. You will consolidate data, analyze balances, and prepare executive summaries for management.
The role requires strong Excel, Oracle, and reporting skills, detail orientation, and effective communication with plants and senior leaders. Bachelor’s in Accounting and 2–5 years of experience are expected. On-site in Texas.
Sanmina Corporation (Nasdaq: SANM) is a global powerhouse in integrated manufacturing solutions serving the fastest growing segments of the global Electronics Manufacturing Services (EMS) market. We are a global engine providing the end-to-end manufacturing backbone for the world's most essential and innovative brands. Whether it's autonomous vehicles, life-saving medical tech, next-gen aerospace, or AI/cloud infrastructure - our integrated solutions don’t just meet standards—they redefine them. Sanmina Corporation (Nasdaq: SANM) is a leading integrated manufacturing solutions provider serving the fastest-agrowing segments of the global Electronics Manufacturing Services (EMS) market.
This position will support the Director of Inventory Governance in the day to day operations, related financial duties and monthly close process. Guide balance sheet analysis process by establishing and enforcing policies and procedures; provide trends; explain processes and techniques and recommend actions. Consolidate and analyze financial data. Providing creative alternatives and recommendations to reduce costs and improve performance of tasks. This role will have exposure to senior leaders, so strong communication skills and confidence is critical. This role has tight timelines so need to be highly organized.
Customer due to/due from analysis - Quarterly review of the balances in due to/due from accounts by plant. Set up calls with plants that meet the criteria to review the by customer balances by age and reason to determine if the balances are accurate and fully supported. Prepare an executive summary that is presented to management quarterly.
Inventory offset analysis - Monthly review the transactions in the inventory offset account and gather all the backup/support for the transactions. Ensure the transactions are correct per the policy. Review and compare the balances by customer to the GL detail reports to ensure they are correct. Provide support for any samples selected by external audit.
EO sales (customer lookback) - Monthly review the files submitted by the plants to ensure they are accurate and complete. Review the backup supplied to ensure it ties out. Consolidate the responses quarterly to be provided to external auditors. Once external auditor selects samples, prepare the samples and provide. Review with auditor/Plant where necessary.
Goods in-transit - Quarterly prepare the goods in-transit JV and charts for the management meeting. Work with Corp GL to ensure the entries are in and posted. Communicate the results of the entries to each plant/division/segment head. Annually prepare the percentage recalculation and work with auditors to audit the recalculated percentage.
Lead/support specific project efforts geared towards process improvements, key control requirements, and data analysis. These projects are cross functional between Finance, Accounting, Operations, & IT. Work directly with both Internal and External Audit to develop/refine key controls and testing of controls. Work with IT/Cost accounting on any cost testing required during the year for Oracle patch/fix/issues. Develop and maintain the test plans, coordinate with IT and plant people to assist in the plan steps, review and provide all backup for the testing. Backup for other financial inventory functions for quarter and annual reporting. Some cycle count and PI observations may be required. Work directly with plants to implement various policy changes, fix issues, or training as needed.
Good communication skills and someone capable of working on their own. Someone that pays a great deal of attention to detail. Some late evening calls with plants for training or quarterly monitoring control activity, may require some weekends as needed to meet quarterly, interim, and annual reporting and audit deadlines. Essential application proficiency in: Excel, Monarch, Oracle, & Oracle Reporting. A Bachelor’s degree in Accounting from an Accredited University is required. 2 - 5 years experience required.
At Sanmina, base pay is one part of our total compensation package and is determined within a range. This provides the opportunity to progress as you grow and develop within a role. Your base pay will depend on your skills, qualifications, experience, and location.
Sanmina is an Equal Opportunity Employer and prohibits discrimination and harassment. Sanmina provides equal employment opportunities to employees and applicants for employment and prohibits discrimination and harassment without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or other characteristic protected by applicable federal, state, or local laws.
Please be aware that this position may require access to technology, software, or technical data that is subject to U.S. export control laws. All offers of employment are contingent on the applicant either 1) being a \"U.S. Person\", defined as a (i) U.S. citizen or national, (ii) U.S. lawful permanent resident, or (iii) other protected individual, such as a refugee under 8 U.S.C.