Sr. Financial Analyst, Manufacturing

Talencio; Minneapolis (MN); On-site; USD 80,000 - 100,000; Full time

Job summary

A leading manufacturing firm based in Minnesota is seeking a Sr. Financial Analyst to manage cost planning, budget control, and inventory management. The position requires a Bachelor’s degree and 5+ years of cost accounting experience, particularly in manufacturing. The candidate will collaborate with procurement, finance, and supply chain teams to provide insights that impact profitability. Proficiency in ERP systems, especially SAP, and advanced Excel skills are crucial for success in this role.

Qualifications

• 5+ years of cost accounting experience, manufacturing experience required.
• In-depth knowledge of inventory control and production processes.
• Proficiency with ERP systems and advanced Excel skills.

Responsibilities

• Oversee cost planning, budget control, and inventory management.
• Develop and monitor cost budgets for manufacturing operations.
• Track production costs and analyze variances for efficiency.

Skills

Cost accounting principles

Advanced Excel

Financial modeling

Cross-functional collaboration

Problem-solving

Education

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

CMA, CPA, or CIMA preferred

Tools

ERP systems

SAP

Job description

This range is provided by Talencio. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$80,000.00/yr - $100,000.00/yr

Johnson Screens is recognized worldwide as a pioneering provider of custom screening and separation solutions and stands out for its commitment to continuous innovation and industry leadership. With over a century of expertise, Johnson Screens has played a crucial role in making manufacturing processes cleaner and safer, and its products are embedded in essential systems from water purification to environmental protection, ensuring communities have access to clean resources and safer surroundings. The company’s legacy is built on a foundation of collaboration, integrity, and results, guiding its team to deliver excellence and protect natural resources for generations to come.

What makes Johnson Screens an exceptional workplace is its dedication to fostering open-mindedness, confidence, and professional growth, empowering individuals to contribute bold ideas, challenge conventions, and achieve meaningful results. Employees benefit from a supportive, collaborative culture where their voices matter and personal development is truly valued. Joining Johnson Screens means being part of a passionate, purpose-driven team that shapes innovative solutions and helps address real world challenges every day.

Position

The Sr. Financial Analyst, Manufacturing is responsible for overseeing cost planning, budget control, variance analysis, and inventory management within a manufacturing environment. This role ensures the efficient use of materials, labor, and overhead while maintaining accurate cost records and inventory valuations. By partnering with operations, procurement, finance, and supply chain teams, the Sr. Financial Analyst, Manufacturing provides insight into production efficiency, cost drivers, and savings opportunities that directly impact profitability.

Essential Position Functions

Budgeting & Cost Planning

• Develop, manage, and monitor cost budgets for manufacturing operations
• Prepare detailed cost estimates, including direct materials, labor, and overhead allocations
• Forecast production costs and adjust budgets in response to changes in demand, material pricing, or resource utilization

Cost Control & Monitoring

• Track actual production costs against standard and budgeted costs, analyzing variances in materials usage, labor efficiency, and overhead absorption
• Identify root causes of cost overruns and recommend corrective measures
• Partner with production supervisors to drive cost efficiency on the shop floor

Inventory & Materials Management

• Oversee inventory valuation processes, ensuring accuracy in raw materials, WIP (work-in-progress), and finished goods
• Monitor inventory turnover, obsolescence, and scrap, proposing strategies to reduce waste and carrying costs
• Partner with supply chain and procurement to assess supplier pricing, lead times, and cost impacts on overall inventory levels
• Implement and maintain robust inventory costing methods (e.g., standard costing, FIFO, LIFO, weighted average)
• Develop and implement standardized procedures for inventory cycle counts, including the analysis of count discrepancies, to recommend and execute process improvements

Reporting & Analysis

• Prepare regular reports on production costs, inventory balances, and cost variances for leadership
• Provide insights into cost trends and efficiency metrics to guide operational decisions
• Support capital investment proposals with cost-benefit analysis and ROI projections

Collaboration & Stakeholder Support

• Partner with procurement to ensure cost-effective sourcing strategies
• Collaborate with supply chain teams to align production schedules with cost and inventory objectives
• Provide cost data and insights for operations, engineering, and leadership teams
• Maintain accurate cost records for audits and compliance with GAAP/IFRS
• Assess financial risks related to inventory levels, supply chain disruptions, and production costs
• Ensure adherence to company policies, internal controls, and regulatory requirements

Requirements

• Bachelor’s degree in Accounting, Finance, Industrial Engineering, or related field; CMA, CPA, or CIMA preferred
• 5+ years of cost accounting experience; manufacturing cost accounting experience is required
• In-depth knowledge of cost accounting principles, inventory control, and production processes
• Proficiency with ERP systems; SAP experience strongly preferred
• Advanced Excel and financial modeling skills
• Strong problem-solving, communication, and cross-functional collaboration abilities
• Approximately 5% domestic travel required