Financial Analyst

SP Industries Inc. is expanding our team and have an immediate opening for a Financial Analyst. In this role, the right candidate will be responsible for performing general, cost and financial accounting functions for the Scientific Product division. This includes developing and executing processes to ensure timely and accurate financial closings, internal management reporting, and supporting analysis.

 

The position also supports operational analysis through development and review of cost accounting data including standard costing, work-in-process review and analysis and manufacturing variance analysis. This position also supports development of budgets and forecasts for the division and will partner with multiple cross functional team members both at corporate and the respective business unit to develop and achieve operational objectives.

 

ESSENTIAL DUTIES AND RESPONSIBILITIES

 

General and Cost Accounting

• Performs financial, general and cost accounting functions for the division in accordance with GAAP and Corporate policies.
• Executes monthly financial closing program including journal entry preparation, bank/account reconciliations, and variance analysis within prescribed timelines.
• Assists in maintaining the division’s system of accounts and ensures adequate support and documentation for all company transactions.
• Analyzes and reports on manufacturing variances and identifies corrective action opportunities.
• Ensures proper inventory valuation and maintains controls over all physical inventory including cycle counting, cost analysis and physical inventory counts.
• Conducts standard cost development roll forward including materials, labor and overhead rates and utilizes internal and external data to establish accurate costing.
• Serves as a subject matter expert on all financial and cost modules and interfaces for the Division’s ERP system.
• Performs all Fixed Asset accounting and supports monitoring of Capital Expenditures.
• Assists in providing required support for all tax matters related to the division.
• Provides support to peers and colleagues to help achieve departmental goals.

 

Financial Reporting and Analysis

• Supports the Controller in preparing the division’s monthly financial statements and reporting
• Develops, analyzes, and reconciles statistical and accounting information for monthly and quarterly financial and balance sheet reviews.
• Assesses operating results in terms of profitability and performance against plan/prior year to ensure accuracy and identify opportunities.
• Participates in annual strategic planning and budgeting, periodic forecasting, and management reporting processes.
• Serves as a point of contact for internal and external financial audits related to operations.
• Maintains effective internal controls to ensure compliance with Generally Accepted Accounting Principles (GAAP) and Corporate requirements.
• Conducts monitoring of all sales and margin related changes and provides analysis of performance versus expectations and market trends

Qualifications

• Strong technical and analytical skill with solid financial, general and cost accounting background in a manufacturing and distribution environment.
• Experience with standard cost systems and integrated financial software.
• Ability to draw upon experience/professional skepticism to quickly identify issues and develop effective courses of action.
• Ability to work independently and as part of a team.

 

COMMUNICATION

• Composes documents that clearly present information or a plan
• Participate in cross-functional teams working collaboratively with engineering, manufacturing, packaging, materials management, and/or planning.
• Willingness to work across all levels of an organization.
• Ability to work across cultures.
• Able to manage conflict.

 

EDUCATION and/or EXPERIENCE

• B.S. or BA in Accounting or related discipline with equivalent work experience
• 5+ years finance, accounting or related work experience required.
• Experience in a manufacturing/cost accounting environment required.
• Previous experience with accounting software/systems required
• Proficiency in Microsoft Office tools including Word and Powerpoint. Exception Excel skills required.

 

CERTIFICATES, LICENSES, REGISTRATIONS

• CPA, CMA or similar professional accounting designations preferred but not required

HSE

All employees have the responsibility to work in a safe manner and report any health, safety or environmental concern to their manager or supervisor in a timely manner.

 

Employee responsibilities for Health, Safety and Environment include:

• Work in compliance with divisional health, safety and environmental procedures
• Refrain from removing or altering safety devices or guarding unless hazardous energies are controlled through lockout-tagout methods
• Report any unsafe conditions or unsafe acts
• Report defect in any equipment or protective device
• Ensure that the required protective equipment is used for the assigned tasks
• Attend all required health, safety and environmental training
• Report any accidents/incidents to supervisor
• Assist in investigating accidents/incidents
• Refrain from engaging in any prank, contest, feat of strength, unnecessary running or rough and boisterous conduct

 

Why SP Industries Inc.?  The three parallelograms in our logo reflect our core company values: People, Process, and Performance.  As part of ATS, SP leverages the ATS Business Model (ABM) to train, develop, engage, empower, and energize our people to make impactful changes in the organization.  Our relentless focus on people is what continues to set us apart as a great place to build a career.

 

• We provide a wide range of innovative and high-quality scientific products that improve people’s lives

• We offer a robust health and welfare benefits package that includes Life, Health, Dental, Vision

• We offer 401(K) including company match, Paid Time Off annually + Paid Holidays

• You will enjoy career Advancement Opportunities and Tuition Assistance to help you achieve your goals and continue your career growth

 

ATS is a $2.2B publicly-traded global enterprise with a proud 40-year history of helping advance the future with automation solutions.  SP Industries Inc. sits within the ATS Life Sciences Group and is a leading global provider of state-of-the-art fill-finish drug manufacturing solutions, research, pilot and production lyophilizers, laboratory equipment and supplies, and specialty glassware. SP supports research and production across diverse end-user markets including pharmaceuticals, life science, ophthalmic, environmental testing and monitoring, food and beverage and more. SP has a long and successful track record of quality and science innovation, and is headquartered in Warminster, Pennsylvania, with production facilities in the USA and Europe. SP offers a world-wide sales and service network including product training and technical assistance. For more information visit www.scientificproducts.com.

 

EEO and Affirmative Action Statement:
SP is an Equal Opportunity Employer, dedicated to a policy of non-discrimination in employment on any basis and takes affirmative action to ensure equal employment opportunities. It is our policy to provide our employees and applicants with equal employment opportunities in accordance with applicable laws and not to discriminate on the basis of race, color, religion, ancestry, national origin, age, marital status, sex, gender identification, sexual orientation, genetic information, political belief, pregnancy, citizenship, handicap or disability, status as a veteran or member of the U.S. military, or any other characteristic protected by applicable federal, state, or local laws. SP's Affirmative Action Plan is available through the HR Department and may be accessed during normal business hours.

 

Pay Transparency Nondiscrimination Provision: 
SP will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information.