Manufacturing Cost & Inventory Financial Analyst

Cirtec Medical

Lowell (MA)

On-site

USD 85,000 - 110,000

Full time

14 days+

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Benefits offered by this job

401(k) match

Healthcare benefits

Training & career development

Paid Time Off

Job summary

Cirtec Medical, a leading medical device outsourcing partner, seeks a Financial Analyst - Cost Accounting & Inventory to support inventory valuation, cost accounting close, and forecasting. You'll collaborate with Operations, Supply Chain, Engineering, and Accounting to drive profitability and improve operational decisions.

The role requires a Bachelor's degree and 2–5 years in manufacturing finance, with advanced Excel and knowledge of ERP systems like Oracle or SAP.

Qualifications

Bachelor's degree in Accounting, Finance, or related field.
2–5 years of experience in financial analysis, cost accounting, or manufacturing finance.
Experience in a manufacturing environment.
Strong understanding of cost accounting principles and manufacturing finance.
Knowledge of inventory accounting, standard costing, and variance analysis.
Advanced Excel skills, including PivotTables, Power Query, and financial modeling.
Experience with ERP systems such as Oracle, SAP, Microsoft Dynamics, or similar.
Strong analytical and problem-solving skills with exceptional attention to detail.
Excellent communication skills with the ability to present financial information to both finance and operational leaders.
Ability to manage multiple priorities in a fast-paced manufacturing environment.

Responsibilities

Monitor inventory balances and ensure accurate valuation of Inventory.
Perform detailed reconciliations of Inventory purchases, consumption, transfers, recoveries, and scrap.
Analyze Inventory usage and yield, identifying opportunities to improve recovery rates and reduce losses.
Support physical inventory counts and cycle count programs, including reconciliation of inventory discrepancies.
Track Inventory market pricing and evaluate financial impacts on inventory valuation, manufacturing costs, and customer pricing.
Collaborate with Supply Chain and Operations to improve inventory controls and optimize inventory levels.
Support monthly cost accounting close activities, including inventory valuation, manufacturing variances, and journal entries.
Analyze purchase price, labor, overhead, scrap, and production variances and communicate key drivers to management.
Assist with standard cost development, annual cost roll updates, and ongoing standard cost maintenance.
Partner with Operations to improve manufacturing cost visibility and identify cost reduction opportunities.
Perform inventory reserve analysis and assist with excess and obsolete inventory reviews.
Support internal and external audits related to inventory and manufacturing accounting.
Help prepare monthly forecasts and assist with the annual budgeting process for manufacturing operations.
Help develop variance analyses comparing actual results to forecast, budget, and prior year performance.
Analyze manufacturing performance, inventory trends, and key operational metrics to identify risks and opportunities.
Create and maintain financial models to support business decisions and operational improvements.
Prepare management reporting packages and present financial insights to business partners.