Job description

Summary Of Responsibilities

• Financial Analyst will be responsible for reviewing the Companyâ??s operations and analyzing performance to highlight significant trends and opportunities.
• The position will be primarily tasked with preparing analyzes to improve the companyâ??s cost structure for Raw Materials, Labor productivity, Shipping utilization, etc.
• In addition, this position will assist in pricing strategies, the evaluation of various marketing programs and monitor currency exchange fluctuations. It will also provide back-up support to various Accounting functions to ensure financial reporting and analysis is maintained in an uninterrupted and timely fashion.
  

Key Responsibilities

• Develop a comprehensive model to maintain product margins by SKU, by customer to allow for improvement either through customer pricing strategies or cost reduction initiatives.
  
• Manage the cost analysis of the Sample Programs to ensure optimal value for the costs associated with procuring materials, minimizing return shipments and reducing shipping costs for each country.
  
• Analyze accuracy of Labor & Overhead absorption calculations used in Bill of Materials.
  
• Review financial information down to the customer level to identify trends and highlight potential improvements to increase sales and profitability.
  
• Prepare Pricing Analysis and make recommendations for price changes for specific customers, markets, regions or countries. Prepare various analyzes of Raw Material components for discussions with management and vendors.
  
• Review financial statements, monitor performance to budget & provide recommendations to reduce variances.
  
• Develop annual budgets for international entities and monitor expenditures to budget regularly.
  
• Review various monthly reports - LTM Cash Collection Percentage, Customer Patient Charts, 17% Deductions, etc.
  
• Prepare various analyzes of Deductions and other marketing expense trends for review by management.
  
• Prepare adhoc analysis of various marketing programs including Temporary Price Reductions (TPR), Coupons, Returns, Damages, etc.
  
• Formulate a Monthly Management Summary of Performance (FPA) with actionable items to improve results.
  
• Review weekly coupon processing invoices to ensure accuracy and avoid duplication of charges.
  
• Provide back-up review and approval of daily Accounts Receivable journal entries prepared by the A/R Generalist and reconcile to approved marketing programs with Retailers/Wholesalers.
  
• Prepare assigned work papers for year-end Financial Audit and responses to queries.
  
• Complete adhoc requests and projects as assigned.
  

KNOWLEDGE/EDUCATION

• Bachelora??s Degree in Mathematics or Accounting, strong Excel and math skills, knowledge of operations in a wholesaler marketing environment and a good understanding of analytical models,
• Accounting and GAAP reporting requirements. CPA, CA or Masters preferred.
  

Job Experience

• Minimum of seven years of demonstrated accounting experience in a dynamic, fast-paced environment; at least three years working on analysis with a manufacturer providing products to US Retailers.
  
• Experience preparing GAAP financial statements with summary analysis and presentation of key findings.
  

Skills/Competencies

• Thorough understanding of accounting methodologies in a manufacturing environment.
  
• Excellent Excel skills with knowledge of pivot tables.
  
• Skilled in preparing financial analysis in a clear, concise manner which lead to definable actions.