Operations Finance Analyst

Fareva; Virginia (MN); On-site; USD 65,000 - 90,000; Full time

Job summary

Fareva in Henrico, VA is seeking an Operation Financial Analyst to support monthly close, budgeting, reporting and cost control for manufacturing operations.

You will work with the Site Controller and Plant Management to provide accurate financial information, perform variance analysis, and help drive cost improvements across OPEX, CAPEX and inventory.

Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, Economics, or related field.
• 1–3 years of experience in Finance, Accounting or Financial Analysis.
• Manufacturing experience is preferred but not required.
• Strong Excel skills and understanding of financial statements.
• SAP or other ERP experience is a plus.
• Analytical mindset with attention to detail and ability to meet deadlines.

Responsibilities

• Month-end closing support and reconciliations.
• Prepare variances, budgeting, and forecasting analyses.
• Support OPEX tracking and monthly budget variance reports.
• Maintain CAPEX tracking and project spend monitoring.
• Assist with inventory cost analyses and cost of goods reporting.
• Provide recurring and ad-hoc financial reports for management.

Skills

Excel skills

Analytical thinking

Attention to detail

Communication skills

Education

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

Tools

SAP

Job description

Job Details

Job Location: Henrico, VA 23231

Position Type: Full Time

Education Level: 4 Year Degree

Travel Percentage: None

Job Category: Finance Operations Finance Analyst

Position Summary

The Operation Financial Analyst supports the Finance team in the preparation of financial analysis, monthly closing activities, budgeting, reporting, and operational controlling for the Company's manufacturing operations.

The position works closely with the Site Controller and Plant Management to ensure accurate and timely financial information and to support the analysis of operational and financial performance.

Key Responsibilities

1. Month-End Closing Support
   • Support assigned activities during the monthly closing process.
   • Prepare basic reconciliations, accruals, and supporting schedules.
   • Assist with the review of actual results and identification of significant variances.
   • Prepare recurring reports and files required for the monthly close.
   • Follow up with different departments to obtain information required for closing activities.
2. Financial and Variance Analysis
   • Prepare monthly actual versus budget, forecast, and prior-year analysis.
   • Support the preparation of departmental and plant variance reports.
   • Analyze basic cost variances and identify significant changes.
   • Assist the Controller in understanding the operational drivers behind financial results.
   • Prepare ad-hoc analysis and reports as requested by Finance and Plant Management.
3. OPEX and Budget Support
   • Maintain OPEX tracking files by department and cost center.
   • Monitor actual expenses against approved budgets.
   • Support the preparation of monthly budget variance reports.
   • Assist with the annual budget and forecast processes.
   • Follow up on significant budget variances with department managers.
   • Maintain accurate and up-to-date financial reporting files.
4. CAPEX Support
   • Maintain the CAPEX tracking report.
   • Monitor approved projects versus actual spending.
   • Track purchase orders, invoices, and remaining project budgets.
   • Prepare monthly CAPEX reports.
   • Assist the Controller and Plant Management in monitoring CAPEX execution.
5. Inventory and Cost Controlling Support
   • Support monthly inventory analysis and reconciliations.
   • Assist with the identification of slow-moving and obsolete inventory.
   • Support the preparation of inventory provision analysis.
   • Assist with product cost and manufacturing cost analysis.
   • Investigate basic differences between financial and operational information.
6. Reporting
   • Prepare recurring financial reports and management schedules.
   • Support the preparation of monthly reports for Corporate Finance.
   • Maintain reporting templates and analytical files.
   • Ensure that assigned reports are accurate and completed within established deadlines.
7. Business Support
   • Provide basic financial information and analysis to Operations and other departments.
   • Support managers in understanding their expenses and financial performance.
   • Assist in evaluating the financial impact of operational initiatives and cost-saving actions.
   • Work collaboratively with Finance, Operations, Supply Chain, Engineering, Maintenance, and other functional areas.
8. Process Improvement
   • Identify opportunities to improve recurring reports and financial processes.
   • Support the standardization and documentation of controlling activities.
   • Assist in improving Excel-based reporting and analysis.
   • Support Finance projects and other initiatives as assigned.

Qualifications and Experience

• Bachelor's degree in Finance, Accounting, Business Administration, Economics, or a related field.
• 1–3 years of experience in Finance, Accounting, Financial Analysis, or a related area.
• Manufacturing experience is preferred but not required.
• Basic understanding of financial statements and accounting principles.
• Strong Excel skills.
• SAP or other ERP experience is a plus.
• Analytical mindset and strong attention to detail.
• Ability to organize priorities and meet monthly deadlines.
• Good communication and interpersonal skills.