Senior Financial Analyst – Manufacturing

We are looking for an experienced Financial Analyst to join our team in the manufacturing sector. The ideal candidate will have a strong background in financial planning and analysis, cost analysis, budgeting, and financial modeling, preferably within a manufacturing or industrial environment.

The successful candidate will play a key role in analyzing financial performance, monitoring production costs, identifying cost optimization opportunities, and supporting management in strategic business decisions.

Key Responsibilities

• Conduct detailed financial analysis and develop financial models to support business planning and decision-making.
• Prepare monthly management reports, financial statements, and performance analyses.
• Support annual budgeting, financial forecasting, and long-term financial planning.
• Analyze actual financial results against budgets and forecasts, investigate variances, and recommend corrective actions.
• Monitor and analyze manufacturing costs, including raw materials, direct labor, production overhead, and other operational expenses.
• Evaluate product costs, gross margins, profitability, and cost variances to identify opportunities for improvement.
• Monitor inventory valuation, stock movements, and working capital performance in coordination with the finance and operations teams.
• Identify cost-saving opportunities, operational inefficiencies, and potential risks affecting financial performance.
• Analyze key financial and operational KPIs to assess business performance and support continuous improvement.
• Collaborate with production, procurement, supply chain, and other departments to improve cost efficiency and financial control.
• Prepare financial projections, scenario analyses, and profitability assessments to support strategic initiatives.
• Ensure the accuracy and consistency of financial data and reporting.
• Present financial findings and actionable recommendations to management.

Job Requirements

• Bachelor's degree in Finance, Accounting, Economics, or a related field.
• 5–7 years of relevant experience in financial analysis, financial planning and analysis (FP&A), or a similar position.
• Previous experience in a manufacturing or industrial company is highly preferred.
• Strong understanding of budgeting, forecasting, financial modeling, and variance analysis.
• Experience analyzing production costs, cost of goods sold (COGS), product profitability, and manufacturing overhead.
• Good understanding of inventory valuation, working capital, and cost control principles.
• Advanced proficiency in Microsoft Excel and financial reporting.
• Experience working with ERP systems, preferably those used in manufacturing environments.
• Strong analytical, quantitative, and problem-solving skills.
• Excellent communication skills and the ability to work effectively with cross-functional teams.
• Strong attention to detail and the ability to meet reporting deadlines.

Preferred Qualifications

• Professional qualifications such as CMA, ACCA, or CFA are an advantage.
• Experience with Power BI or other business intelligence tools is preferred.
• Familiarity with standard costing, cost accounting, and manufacturing performance indicators is a plus.