at Midland Manufacturing, LLC in Skokie, Illinois, United States
Job Description
For over 125 years, OPW has led the way in designing and manufacturing world-class retail fueling, fluid handling and car wash system solutions for the safe and efficient handling and distribution of fuels and critical fluids. OPW makes above ground and below ground products for both conventional, vapour recovery and clean energy applications in the retail and commercial markets. Additionally, OPW supplies loading arms, valves and dry-break couplings, tank truck equipment, rail car valves and equipment, and car wash systems. OPW has manufacturing operations in North America, Europe, Latin America and Asia Pacific, with sales offices around the world. OPW is part of the Dover Corporation, which is publicly traded on the New York Stock Exchange under 'DOV'. To learn more about OPW's 125 years of providing industry-leading solutions, visit our website at www.opwglobal.com.
Position Summary:
The Senior Financial Analyst supports the plant controller and has broad responsibilities for all financial and accounting processes. This position acts as a key member of the finance team at the site, assisting in several finance areas such as month-end close, financial forecasting, reporting, and analysis. Manages and maintains the cost accounting system and is responsible for all cost of goods sold reporting. Responsible for providing insight and analysis of financial operating results. Acts as a consultant to teams, leaders, and other members of the finance and operations teams.
Essential Functions:
Responsible for maintaining and optimizing the standard costing and inventory system. Includes cost of goods sold accuracy, inventory value and quantity accuracy, bill of material and routing review, work order variance review, resolving system integrity issues, and accurate reporting.
Assist in the month-end closing process, prepare journal entries and account reconciliations, financial statement review and variance analysis.
Assist in preparation and review of financial justifications for plant capital projects. Track capital project spending, timing and cost impact against project plan, forecasts and budget to understand and report variances. Coordinate periodic fixed asset physical inventory per company policies
Prepare periodic financial control reports such as inventory reports, scrap accounting, etc. to help monitor plant performance.
Work with shared services as needed to resolve issues with accounts payable and accounts receivable.
Participate in continuous improvement activities across the entire operation. Be a key player in helping the manufacturing teams increase inventory turns, improve gross margin, and improve inventory accuracy.
Assist the controller with standard cost updates, inventory valuation, and annual re-costing processes. Support the annual physical inventory audit and cycle count programs.
Accountable for Sarbanes-Oxley compliance in assigned area. Responsible for design and operating effectiveness of internal controls, including a self-assessment and report to management.Ad hoc financial analysis as required.
Required Education and/or Experience:
Bachelor's degree in accounting or finance, or significant accounting or finance work experience with a different bachelor's degree.
Three or more years of accounting or finance experience in a fast-paced manufacturing organization and a working knowledge of US GAAP.
Experience with a fully integrated ERP system, particularly in cost accounting.
Required Qualifications:
This position is based in Skokie, IL. Daily on-site attendance is required, this is not a remote position.
Must have disciplined work ethic and attention to detail while possessing strong analytical and organizational skills.
Ability to work with minimal supervision, follow instructions, and solve problems independently.
High level of proficiency in Microsoft Office products, particularly Excel.
Above average written and oral communications skills in English.
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We consider several job-related, non-discriminatory factors when determining the pay rate for a position, including, but not limited to, the position's responsibilities, a candidate's work experience, a candidate's education/training, the position's location, and the key skills needed for the position. Pay is one of the Total Rewards that we provide to compensate and recognize employees for their work.
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All qualified applicants will receive consideration for employment without discrimination on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, age, genetic information, or any other factors prohibited by law.
