Business Finance Senior Analyst (Manufacturing - Cooling)

The Business Finance Senior Analyst will be responsible for Cooling manufacturing plant in India.

You shall act as the single point of contact responsible for serving as the primary liaison between the manufacturing department and the finance team.

Your role will involve providing financial analysis, reporting, and support to ensure effective decision-making and financial management within the manufacturing operations.

You will collaborate closely with cross-functional teams to drive financial performance, cost control, and process improvements.

What will you do?


* Financial Analysis includes but not limited to:
a.

Analyze financial data, including manufacturing costs, operational expenses, and revenue trends.
b.

Prepare detailed financial reports, forecasts, and budgets to aid in decision making activities/processes
c.

Conduct variance analysis to identify discrepancies between forecast versus actual financial performance
d.

Collaborate with inventory control teams to ensure accurate valuation, reconciliation, and analysis of inventory levels.

Provide insights on inventory optimization and assist in the resolution of inventory-related issues.
e.

Other reporting and analysis such as Part weights validation, direct labor productivity, Price, volume & FX sales data, purchase productivity validation, freight and other logistic data collections and their lives


* Cost analysis
a.

Collaborate with production teams to identify cost drivers, analyze cost trends, and implement strategies to optimize costs and improve profitability
b.

Monitor and collect manufacturing costs such as labor and inventory and identify cost saving opportunities without compromising product quality or operational efficiency.


* Budgeting and Forecasting
a.

Create and compute accurate financial forecasts based on historical data and production requirements
b.

Monitoring of budgets for manufacturing projects, department, and overall operations
c.

Collaborate with the plant finance team to develop and manage manufacturing budgets, forecasts and financial plans


* Data analysis
a.

Extraction of information from large datasets translating them to meaningful use to support decision making
b.

Utilize advanced data analysis techniques and financial modeling to provide insight into business performance


* Process optimization and transformation
a.

Identify inefficiencies in financial processes and implement improvements to enhance data accuracy and efficiency
b.

Identify opportunities to streamline financial processes and enhance operational efficiency.

Implement best practices and standardize financial procedures across the manufacturing department.
c.

Streamline financial reporting and procedures and automate repetitive tasks using available software/solution such as Power Automate, BluePrism, UiPath and the likes


* Stakeholder & Cross-Functional Colla...