Junior Financial Analyst

Soni; Mendon (MA); On-site; USD 65,000 - 75,000; Full time

Job summary

A manufacturing company in Massachusetts is seeking a Junior Financial Analyst to support financial reporting, analyze production costs, and assist with budgeting activities. The role requires a Bachelor's degree in Finance, Accounting, or related field and 0-2 years of relevant experience. Strong analytical skills are essential. The position offers a competitive salary range of $65,000 to $75,000 annually, based on skills and experience.

Qualifications

• 0–2 years of experience in financial analysis, cost accounting, or manufacturing finance (internships acceptable).
• Strong analytical and quantitative skills.

Responsibilities

• Assist in preparing monthly, quarterly, and annual financial reports.
• Analyze variances between actual and forecasted results.
• Support development of financial models related to production efficiency.
• Participate in audits and compliance activities.
• Help identify opportunities to streamline reporting and financial workflows.

Skills

Analytical skills

Quantitative skills

Education

Bachelor’s degree in Finance, Accounting, Economics, or related field

Job description

Join to apply for the Junior Financial Analyst role at Soni

Base pay range

$65,000.00/yr - $75,000.00/yr

The Junior Financial Analyst will support the finance team in analyzing production costs, forecasting financial performance, and assisting with budgeting activities. This role works closely with operations, supply chain, and accounting to ensure accurate cost reporting and help drive data-based decision-making within the manufacturing environment.

Key Responsibilities

Financial Analysis & Reporting

• Assist in preparing monthly, quarterly, and annual financial reports.
• Analyze variances between actual and forecasted results, particularly related to manufacturing costs, labor, and materials.
• Support development of financial models related to production efficiency, inventory levels, and capital expenditures.
• Maintain cost accounting records and ensure standard cost accuracy.>

Budgeting & Forecasting

• Assist with annual budgeting and periodic re-forecasting processes.
• Track budget performance for manufacturing operations and highlight deviations.
• Gather data from cross-functional teams to support forecasting of sales, production, and expenses.

Cost & Inventory Analysis

• Monitor and analyze inventory movements, scrap rates, and production yields.
• Support updates to bill of materials (BOM) and routing costs.
• Review work orders, purchase price variances, and inventory valuation adjustments.

Operational Support

• Partner with production and supply chain teams to understand cost drivers and process efficiencies.
• Assist in preparing KPIs and dashboards for plant performance.
• Participate in audits, internal controls reviews, and compliance activities.

Process Improvement

• Help identify opportunities to streamline reporting and financial workflows.
• Support implementation of new tools or ERP enhancements.

Qualifications

• Bachelor’s degree in Finance, Accounting, Economics, or related field.
• 0–2 years of experience in financial analysis, cost accounting, or manufacturing finance (internships acceptable).
• Strong analytical and quantitative skills.

Compensation

$65,000 to $75,000 annually

Salary is based on a range of factors that include relevant experience, knowledge, skills, other job-related qualifications

Seniority level

• Associate

Employment type

• Full-time

Job function

• Accounting/Auditing, Finance, and Analyst
• Aviation and Aerospace Component Manufacturing

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