Financial Planning Analyst

ORGANIZATIONAL STRUCUTRE

BUSINESS : CIRCOR

LOCATION : COIMBATORE, INDIA

DIRECT REPORTING : FINANCE CONTROLLER / DIRECTOR

FUNCTIONAL REPORTING : NA

POSITION DETAILS

Position Summary

Continuously develop and execute of financial Accounting, planning and analysis system to meet the business objectives

Principal Activities

• Preparing accurate and timely actual financial statements and reports
• Preparing accurate and timely forecasts / Budget / Latest estimates
• Monitor financial transactions and ensure compliance with financial policies and procedures
• Collaborate with cross-functional teams to identify areas for process improvement and cost optimization
• Monitoring financial audits and regulatory compliance
• Planning, Studying, and collecting data to determine costs of business activity such as raw material purchases, inventory and labor and Analyzing data collected and recording results for Improvements
• Analyzing changes in product design, materials Procurement and handling, manufacturing methods, processes or services provided, to determine effects on cost
• Making estimates of new and proposed product costs
• Analyzing actual manufacturing costs and preparing periodic reports comparing standard costs to actual production costs
• Recording cost information for use in controlling expenditures and Active participations & guidance in the plant in Cost Reduction / Cost Out initiatives and efforts towards Cost Avoidance. Close coordination required with SCM, Logistics, Manufacturing Engineering and Quality for cost movement tracking, Routing accuracy and deployment, cost of non-conformance and Renegotiation, Resourcing and VA / VE / VSM.
• Providing management with reports specifying and comparing factors affecting prices and profitability of products or services with Actionable Recommendations
• Conducts physical inventories and monitors cycle count program and Reconciles the variances in inventories
• Evaluate the Excess and Obsolete inventory and action plan to reduce it.
• Ensure Import and Export compliances including licenses and export benefit schemes

CANDIDATE REQUIREMENTS

Knowledge Skills & Abilities

Education & Experience

CIRCOR is an EEO Employer of Females / Minorities / Veterans / Individuals with Disabilities