Sr. Financial Analyst

MAT Holdings; Long Grove (IL); On-site; USD 90,000 - 150,000; Full time

Benefits offered by this job

Medical Insurance

Dental Insurance

Vision Insurance

Disability Insurance

PTO & Holidays

401k with Match

Career Advancement

Wellness Programs

HSA/FSA

Life/AD&D

Job summary

MAT Holdings, Inc. is seeking a financial professional to support Farmington Hills HQ and Oklahoma distribution center.

You will close monthly US operations, prepare financial statements, lead product cost development, and provide budgeting and variance analysis to decision-makers. Responsibilities include cost processes, periodic cost rolls, cost tracking by product, and support for purchasing, monthly close, and forecasting.

Qualifications

• Financial and cost accounting knowledge is required or implied.
• Strong analytical and data interpretation skills.
• Ability to work with cross-functional teams.

Responsibilities

• Develop and enforce product costing processes from raw material standards through manufacturing.
• Manage the periodic cost rolls within the system, reviewing and verifying the data, develop analytical checks to verify data integrity before and after system load.
• Cost tracking/trending by product family, down to the raw materials and manufacturing standards, to identify unfavorable trends.
• Support purchasing in component cost impacts by commodity cost changes.
• Support and direct the normal US entity monthly close process.
• Lead the US entity budgeting process preparing the budget templates, working with department heads in trending prior years cost, and calculating future year expenses.
• Direct cost tracking and control of US entity operating expenses and capital plan to budget.
• Work with Sales team to track sales and margin by customer/channel and identify trends.
• Balance sheet and account reconciliations.
• Net working capital calculations.
• Maintain financial KPI’s.
• Take on special projects as needed.
• Responsible for monthly close journal entries and account reconciliations.
• Provide support to the departments by gathering and analyzing data in the establishment and/or maintenance of corporate business processes, procedures and policies.
• Assist in the preparation of long-term financial forecast of revenues and expenditures.
• Assist with preparation and evaluation of Budgets and

Job description

Company Description

Join our vertically integrated team at MAT Holdings, Inc., a leading global manufacturer with a 40-year history. We're proud to provide employment opportunities for more than 14,000 employees across 12 countries. Headquartered in Long Grove, Illinois, we have over 40 factories on three continents, including 2.1 million square feet of U.S. distribution and manufacturing space.

You will find our products in home improvement centers, big box retailers, hardware stores and automotive chains. They're in the cars you drive, the trailers you tow, and the heavy-duty machinery you operate.

MAT can maintain consistent expertise and solutions across the entire supply chain. We’re experts in engineering, manufacturing, quality assurance, logistics and distribution, marketing, design, and customer service — we don't just make it happen, we ensure it happens with excellence.

Ride Control, LLC, a division of MAT Holdings, Inc., designs, manufactures and distributes suspension products for automotive, commercial vehicle, and specialty vehicle OEMs and aftermarkets. The company manufactures and sells Gabriel shocks and struts. The company originated the world’s first automotive shock absorber and continues today to be a leader in the design, engineering, development, and production of shock absorbers in North America. Ride Control currently employs more than 1,300 salaried and hourly employees at several locations in the US and Mexico. The company has manufacturing facilities in Chickasha, Oklahoma and Queretaro Mexico. Revenues for the company are approximately $180MM: For more information please visit www.gabriel.com, and www.matholdingsinc.com.

We’re more than manufacturing, we’re MAT.

Benefits

• MAT Holdings Inc. and its subsidiaries offer a complete benefits package that includes medical, dental, vision, and disability insurance after 60 days of employment
• Paid Time Off (PTO), including paid vacation, sick days, and paid holidays
• 401k Retirement Plan + Company Match
• Career Advancement Program, training and development
• Wellness Programs, including fitness reimbursements and mental health support
• Health Savings Account (HSA) and Flexible Spending Accounts (FSA)
• Voluntary Life / AD&D , Employer Provided Life/AD&D
• and More

Job Description

This position is primarily responsible for financial support for the Farmington Hills Headquarters and Technical Center and the Oklahoma distribution center.Key responsibilities include closing the monthly accounts for the US operations, preparing financial statements, serving as the financial lead for product cost development and program accounting, providing financial support for decision-makers, preparing budgets, and analyzing variances.

Principle Responsibilities

• Develop and enforce product costing processes from raw material standards through manufacturing.
• Manage the periodic cost rolls within the system, reviewing and verifying the data, develop analytical checks to verify data integrity before and after system load.
• Cost tracking/trending by product family, down to the raw materials and manufacturing standards, to identify unfavorable trends.
• Support purchasing in component cost impacts by commodity cost changes.
• Support and direct the normal US entity monthly close process.
• Lead the US entity budgeting process preparing the budget templates, working with department heads in trending prior years cost, and calculating future year expenses.
• Direct cost tracking and control of US entity operating expenses and capital plan to budget.
• Work with Sales team to track sales and margin by customer/channel and identify trends.
• Balance sheet and account reconciliations.
• Net working capital calculations.
• Maintain financial KPI’s.
• Take on special projects as needed.
• Responsible for monthly close journal entries and account reconciliations.
• Provide support to the departments by gathering and analyzing data in the establishment and/or maintenance of corporate business processes, procedures and policies.
• Assist in the preparation of long-term financial forecast of revenues and expenditures.
• Assist with preparation and evaluation of Budgets and