Senior Financial Accounting Analyst

Description

Who We Are:

We have operations in Saint Louis, Missouri, Huntington Beach, California, and Milford, Connecticut, serving local, national and international customers, both military and commercial. The company supplies platform controls, aircraft components, liquid oxygen equipment, and emergency breathing equipment to its customers.

Position Summary:

We are currently looking for a Senior Financial Accounting Analyst. With minimal supervision, the Senior Financial Accounting Analyst III is responsible for managing, performing and assisting the Manager of Financial Planning & Analysis and CFO with a variety of accounting and financial duties, budgeting and forecasting, and financial or non-financial special projects. The Senior Financial Accounting Analyst III should have the following attributes: honest and ethical, self-motivated, results oriented, clear communicator, critical thinker, natural leadership skills, desire to always improve.

Essential Duties and Responsibilities:

• Provide leadership and manage the consolidated annual budgets, and 5-year operating plan (balance sheet, income statements, KPIs and cash flow).
• Ability to manage and supervise other Accounting Analysts' work to support month-end close and ad-hoc financial analysis projects as needed.
• Manage the preparation of monthly presentation to senior management on financial results, variances to plan and forecasts with assistance from other Accounting Analysts.
• Prepare and report on monthly balance sheet and cash flow forecasting.
• Analyze and make inferences about historical financial data and compile the data so that it can be used for forecasting future overhead, direct labor, and material costs, both in total and by line of business.
• Manage the analysis of data accuracy and maintenance of ERP system, in coordination with other Accounting Analysts and relevant functional leaders.
• Assists the Manager of Financial Planning & Analysis in the development and implementation of goals, policies, priorities, and determines work procedures relating to financial management, budgeting, and forecasting.
• Creates system controls for new financial systems and develops procedures to improve existing systems with our internal and external partners.
• Facilitator between payroll provider and Essex on GL Interface with coordination with HR to ensure accurate reporting.
• Provides management with timely discussion and analysis of organization's financial status and progress in its various programs and activities. Analyzes actual manufacturing costs and compares target costs to actual production costs.
• Manage process of compiling and organizing information from relevant functional areas to be used in operating budget/forecast preparation. Analyzes budget/forecast performance and prepares variance explanation. Advises management on matters such as effective use of resources and assumptions underlying budget/forecast.
• Recommends and monitors cost reduction programs in-line with company goals and strategy.
• Provides management with reports specifying and comparing factors affecting prices and profitability of products or services.
• Evaluate and suggest improvements of all current financial processes and systems to provide further efficiencies.
• Calculate, analyze, advise and mentor other Accounting Analysts on the metrics associated with the working capital components, such as current ratio, quick ratio, cash conversion cycle, inventory turnover and receivables turnover.
• Lead multi-functional teams on developing procedures and processes within the inherent internal controls of the ERP system.
• Research and conclude on the taxability of capital expenditures and document your findings to be used as support in an audit.
• Review sales and use tax expenses to ensure appropriate application of tax law, make corrections as needed.
• Define the general concept and rationale of nexus with respect to multijurisdictional transactions (including consideration of local, state and international tax issues).
• Interface with various internal and external partners on audits, negotiations and other various issues that may arise with the IRS, bank auditors, customers, vendors, etc.
• Proactively and willingly supports the finance or accounting team with workload and offers process improvement recommendations as needed.

Requirements

• Bachelor's degree in accounting and/or Finance required and/or MBA or master's degree a plus.
• Minimum of one active relevant professional certification preferred (CPA, CMA, CIA, etc.).
• 5+ years of experience in accounting, financial analysis and budgeting.
• Achieves high levels of productivity through establishing objectives, managing priorities, and driving for results.
• Fosters open communication by creating a candid and open environment.
• Must be able to effectively communicate with internal and external parties including executive leadership.
• Setting priorities according to criteria such as time urgency, perceived value of outcome, ease of completion, importance, and organizational factors.
• Familiarity with defense contractors/government accounting offices and auditing procedures a plus.
• Strong knowledge of ERP software with an aptitude for learning new technology or techniques.
• Familiarity with data analytics and reporting tools, such as PowerBI.

Why Choose Essex

Since 1947, Essex has been offering high quality parts and services to our customers. Our employees are what makes that happen so we do our best to take care of what matters most, by offering a competitive total rewards package for our employees. It's our commitment to making this a great place to work.

Benefits

• Base Pay
• Bonus Opportunity
• Paid time off
• 10 company holidays
• Tuition Reimbursement
• Training & Development
• Retirement Benefits - 401k
• Tax-Advantaged Accounts
• Medical, dental, vision coverage

The Guller Foundation, the charitable arm of Essex Industries, contributes to various local organizations.