Sr Analyst, Financial Operations

Terumo Group; Aliso Viejo (CA); On-site; USD 87,329 - 109,120; Full time

Job summary

Terumo Group is seeking a Finance professional to support global cost accounting, product standards, inventory and manufacturing cost processes. You will assist in developing the Annual Operational Budget and forecasts and perform plant accounting activities related to month-end close.

In addition, you will analyze variances, coordinate cycle counts, support audits, and collaborate with IT and Manufacturing Operations to maintain accurate standard costs, ensuring compliance with internal

Responsibilities

• Support annual product costing process, including materials, labor and overhead rates.
• Support development of the Annual Manufacturing Operations Budget and ongoing forecasting activities.
• Perform various plant accounting activities related to month-end close including journal entries, account reconciliations, manufacturing variance, absorption, and spending analysis.
• Prepare monthly management reporting and analysis of manufacturing variances, scrap, actual cost, PPV and other associated operating costs.
• Analyze key metrics.
• Assist in coordinating and oversight of inventory cycle counts and annual physical inventory across all plants as required.
• Support external quarterly and annual audit process and prepare necessary schedules, reconciliations and analyses.
• Partner with Manufacturing Operations to develop and maintain accurate standard costs as required.
• Coordinate with IT on resolving any cost accounting related discrepancies in the ERP system.
• Support procedures to ensure that costing and business practices are in compliance with internal policies, IFRS, and J-SOX.
• Analyze and track product cost reduction initiatives and system/business process improvements.
• Perform ad-hoc financial analysis and management reports as requested by senior management.
• Comply with applicable laws and regulations, adhere to Quality Management System processes and requirements, and demonstrate ethics and integrity in all matters and at all levels throughout the organization.
• Perform additional responsibilities as assigned.

Job description

Support all Accounting and Finance activities related to global cost accounting, product standards, inventory, and manufacturing. Support the development of the Annual Operational Budget and Forecasts.

Responsibilities

• Support annual product costing process, including materials, labor and overhead rates.
• Support development of the Annual Manufacturing Operations Budget and ongoing forecasting activities.
• Perform various plant accounting activities related to month-end close including journal entries, account reconciliations, manufacturing variance, absorption, and spending analysis.
• Prepare monthly management reporting and analysis of manufacturing variances, scrap, actual cost, PPV and other associated operating costs.
• Analyze key metrics.
• Assist in coordinating and oversight of inventory cycle counts and annual physical inventory across all plants as required.
• Support external quarterly and annual audit process and prepare necessary schedules, reconciliations and analyses.
• Partner with Manufacturing Operations to develop and maintain accurate standard costs as required.
• Coordinate with IT on resolving any cost accounting related discrepancies in the ERP system.
• Support procedures to ensure that costing and business practices are in compliance with internal policies, IFRS, and J-SOX.
• Analyze and track product cost reduction initiatives and system/business process improvements.
• Perform ad-hoc financial analysis and management reports as requested by senior management.
• Comply with applicable laws and regulations, adhere to Quality Management System processes and requirements, and demonstrate ethics and integrity in all matters and at all levels throughout the organization.
• Perform additional responsibilities as assigned.

Salary Range: $87,329-$109,120 (Financial compensation packages may be higher/lower than listed and will ultimately depend on factors including relevant experience, internal equity, skillset, knowledge, geography, education, business needs and market demand).