Senior Financial Analyst Job in Duncan 29334, South Carolina US
AFL provides industry-leading products and services to the electric utility, broadband, communications, OEM, enterprise, wireless and transit rail markets as well as the emerging markets of oil and gas, mining, nuclear, avionics, medical, renewable and intelligent grid. The company's diverse product portfolio includes fiber optic cable, transmission and substation accessories, outside plant equipment, connectors, fusion splicers, test equipment and training. AFL's service portfolio includes market-leading positions with the foremost communications companies supporting both the central office and outside plant areas.
Founded in 1984, AFL is proud to offer engineering expertise, exceptional products and reliable service that help our customers improve their critical and electrical infrastructure. AFL has operations in the U.S., Mexico, Europe and Asia. The company is headquartered in Spartanburg, SC, and is a wholly-owned subsidiary of Fujikura Ltd. of Japan. For more information, visit www.AFLglobal.com.
The Senior Financial Analyst will report to the Controller and may be assigned to different projects as business needs dictate. The position is located at our Duncan, SC corporate office.
Specific responsibilities include but are not limited to:
- Managing the accurate closing process for one or more business units within AFL.
- Communicating financial results clearly and effectively to the management team. This includes the explanation of variances as compared to plan or historical results.
- Have a sound understanding of the business environment and be conversant in explaining changes related to volume and contribution margin.
- Provide detailed analysis of revenues and margins by customer, product category and/or project. Provide detailed analysis of spending variations by department and by account. Provide analysis to assist in cost reduction efforts.
- Balance sheet reconciliations and support
- Maintain accurate manufacturing cost standards, which satisfy absorption and lower of cost or market inventory valuation tests.
- Calculate and analyze revenue using percentage completion accounting.
- Perform physical inventory and fixed asset reconciliations annually or as required by organizational or corporate guidelines.
- Assist in cycle counting and inventory sampling on a quarterly basis to help improve inventory accuracy. Assist in root cause analysis and training when inventory variances are uncovered.
- Learn the business systems and serve as liaison for the organization from an accounting perspective.
- Work with the Controller to improve the control environment by self-assessment of key controls in the BU (i.e. purchasing, inventory control, receiving, shipping)
- Work with Controller to assist in audit preparation to insure timely delivery and response to audit questions.
- Work with Controller to insure minimal SUD adjustments as related to audit findings (with no required audit adjustments).