Company: Kayem Foods

Job Title: Sr Financial Analyst

SUMMARY:

The Financial Analyst is responsible for providing, maintaining, updating and analyzing a variety of financial data, including complex business information, and financial models and plans that are used for effective planning and business analysis. Will provide executive leadership and organizational units with t accurate and pertinent financial information to support organizational units, company goals, performance measurement, that will influence organizational success. Will represent the financial organization on various business projects and teams and lead corporate budgeting with internal teams. Will own Finance Business Intelligence maintenance and optimization.Responsible for timely and accurate complex budgeting, costing, yield and labor analysis and reporting ensuring financial business intelligence is disseminated and used to manage the business efficiently and effectively. This role will report directly to the Controller and will have a direct influence on the organizational success by contributing to the operational improvements through data analysis.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Compiles and reviews fiscal budgets for corporate or organizational units using actual performance, previous budget figures, estimated revenue, expense reports and other data sources to control funds and provide for proper financial administration.
• Prepares, reviews, ensures accuracy of financial (pricing, costing, yield, labor, inventory and month end) reports and files from integrated and unintegrated systems and distributes. (Daily, weekly, monthly, Quarterly and Year end) Examples: weekly costing reports, Departmental CT, and PL weekly yield reports, weekly Pro-forma, weekly supporting productivity reports for finance department, manufacturing and distribution data and reporting.
• Monitors the validity and accuracy of data inputs and outputs in Kayem systems. Corrects errors, resolves discrepancies, and makes updates to systems when needed to ensure data accuracy. Implements new techniques for financial data collection and analysis.
• Analyzes all aspects of organization financial performance including divisional and departmental units.
• Creates, reviews, and provides analytic insights for ad hoc reporting and distributes reporting.
• Provides costing modelling based on assumptions from internal departments such as finance, R&D, and sales. Prepares costing bids and specialized sales costing and pricing data. Updates reporting due to price changes.
• Conducts and prepares special surveys or studies.
• Collaborates with Purchasing to ensure standard costs are updated and prepares and updates changes to formulas and other items to ensure costing accuracy.
• Updates weekly meat pricing and resale changes in AX to ensure costing data is up to date and accurate.
• Updates Fresh sausage pricing weekly for customer service and sales pricing updates.
• Prepares and uploads into AX List Prices based on fresh sausage pricing
• Track monthly Purchase Price Variance (PPV) for costing variances by product or supplies group and disseminates variances.
• Tracks monthly yields to present to operations and purchasing and leads quarterly yield/PPV meetings.
• Prepares monthly Dashboard file and financial models and insights for C-suite.
• Reconciles Month End Bank Accounts
• Updating Cash Transactions daily to create monthly banking entries. Prepare and reviews weekly reconciliation between cash received vs AX AR posted for accuracy.
• Power BI owner and leader for pricing and costing modelling. Maintains up to date knowledge of technology and systems to ensure proficiency
• Stays abreast of changes in reporting needs to make updates to standard reports
• Makes recommendations to improve the efficiency and effectiveness of current reporting processes (ie. Programing automatic report rollups)
• Confers with management to respond to questions from internal business units within the organization in a timely manner
• Additional duties as assigned

QUALIFICATIONS AND REQUIREMENTS:

• Bachelor’s Degree in Accounting or Finance
• Minimum of 5 years of accounting experience
• Experience using ERP systems (i.e. Dynamics AX) and Business Intelligence reporting systems required.
• Proficiency in Microsoft Office with advanced Excel skills
• Comprehensive knowledge of accounting and general ledger systems
• Strong analytical and problem-solving skills
• Detail oriented
• Ability to communicate effectively both written and verbal
• Previous accounting experience supporting manufacturing operations is a plus
• Excellent organizational skills, attention to detail, and the ability to prioritize / manage multiple responsibilities and projects
• Dedication to driving and achieving results, ability to focus on continual improvement, and streamlining processes
• Curiosity to learn with a positive mindset