Senior Financial Analyst - Shakopee - Re:Sound

Description

Senior Financial Analyst

The Senior Financial Analyst provides financial support to manufacturing facilities located in US and Canada, produces KPIs to help guide management decision making, is a primary resource supporting COGS accounting for Operations and Sales Sub entities, and works to ensure accurate inventory accounting and in maintaining proper inventory controls. The position assists with month end close and plays a key role in annual budget process.

Essential Functions

• Prepare monthly KPI reports on labor efficiency, material usage, OT hours, and on time delivery by product/order types and report results vs. Outlook/budget
• Monitor the business performance and understand any gaps versus forecast and potential impact on the P&L, B/S or cash-flow
• Provide financial support to Operations management on project cost tracking, new product introduction, cost saving initiatives and business cases for proposed asset acquisitions
• Serves as a strategic business partner to Operations Leadership by conducting cost?benefit analyses to support the selection and prioritization of operational projects.
• Participate in month end close and analyze monthly performance of the NA Operations and support the monthly management reporting including updates to outlook
• Lead Annual Cost Roll process which involves updating material cost of inventory items to align with global standards, adjusting labor and overhead absorption rates to reflect current year budget, updating routing and work center times and rates, and calculation of inventory revaluation
• Contribute to development and completion of Operations budget and COGS budget for Sales Subs. Work with ERP, BI and Microsoft Office to arrive at budget amounts for COGS/OPEX.
• Upload/Extract budget data from SAP/ERP as well as outlook/projections
• Serve as primary financial contact for manufacturing and shipping leaders to resolve day-to-day process-related issues
• Partners with the Logistics team to conduct freight cost analyses and provides data?driven recommendations to optimize overall freight expenses
• Prepare plant specific accruals as required and reconcile GL accounts specific to Operations
• Other duties as assigned

Competencies

• Strong analytical skills with the ability to simplify financial information and communicate to all audiences
• Proactiveness in partnering with key stakeholders both locally and globally
• Strong organization skills, as well as verbal and written communication skills.
• Business acumen and industry understanding to advise on how to optimize the business model and value delivered to customers
• Comprehensive, applicable knowledge of finance and accounting in a business setting

Desired Qualifications

Required Education:

• Bachelor's degree in Accounting/Finance; or equivalent work experience and knowledge.

Preferred Education:

• Master's degree in Accounting/Finance

Experience:

• Minimum of five years accounting or FP&A experience
• Cost accounting experience required
• Intermediate or higher skill level with MS office, PowerBI & SAP
• Experience with Navision ERP and D365 preferred.

Travel:

Less than 5%

Other Information

Direct reports: None

Indirect reports: None

Working Environment:

Office professional

Physical Demands:

Sitting, standing, lifting (no more than 40lbs)

Position Type and Expected Hours of Work:

This is a full-time, exempt position working Monday through Friday. Occasional weekend work may be required based on month-end business needs. This role follows a hybrid work schedule:

• In-office: Tuesday, Wednesday, and Thursday
• Remote (Work From Home): Monday and Friday
• Flexible start time at 8:00 AM or 9:00 AM Central Time
• Specific times may vary, and this role may require additional hours to support operational or month end activities.

Candidates must be able to reliably work on-site three days per week as outlined above.

About Us

GN brings people closer through our leading intelligent hearing, audio, video, and gaming solutions. Inspired by people and driven by innovation, we deliver technology that enhance the senses of hearing and sight. We help people with hearing loss overcome real-life challenges, improve communication and collaboration for businesses, and provide great experiences for audio and gaming enthusiasts.

What We Offer

We value our employees and offer competitive wages and benefits including:

• Generous Benefits including PTO and Paid Holidays
• 401k with Company match
• Paid Parental Leave & Transition Back to Work Benefits
• Company HSA Contributions
• Discounted GN Group products

We encourage you to apply

Even if you don't match all the above-mentioned skills, we will gladly receive your application if you think you have transferrable skills. We highly value a mindset, motivation, and energy, that aligns with our core values, to not only ensure growth for you, but for your team and the wider GN organization as well.

We are committed to an inclusive recruitment process

GN welcomes applicants from all backgrounds and applicants will receive equal consideration for employment.

Pay Transparency Notice:

Depending on your work location, the target annual salary for this position can range from $80,000 to $85,000/yr. In addition, you may be eligible for a discretionary bonus. Compensation for roles at GN depend on a wide array of factors including but not limited to location, role, skill set, and level of experience. To remain competitive, GN offers a competitive benefits package, including annual bonuses, health insurance, a 401(k) plan, paid time off and paid holidays. GN participates in E-Verify.

Disability Accommodation

If you have a disability and you believe you need a reasonable accommodation in order to search for a job opening or to submit an online application, please e-mail bloomington- This email is provided for the purpose of supporting applicants who have a disability that prevents them from being able to apply online. Only emails received for this purpose will be returned. Emails left for other purposes, such as following up on an application or technical issues not related to a disability, will not receive a response.