This job was posted by https://www.azjobconnection.gov : For more information, please see: https://www.azjobconnection.gov/jobs/6871846 Financial Analyst

Sargent Aerospace & Defense is a premier global supplier of custom engineered, high quality products to the Aerospace and Defense Industries. Sargent holds a leadership position in this highly competitive environment as a result of its commitment to investment in people, technology, facilities, new products, processes and equipment. Sargent is comprised of two market focused groups: Sargent OEM Group and Sargent Aftermarket Services Group. This group structure allows Sargent to provide focused, customized solutions to the market segments served, while leveraging Sargent\'s organizational strengths across every business unit.

Sargent Aerospace & Defense products are found on many major Commercial and Military aircraft in operation worldwide. Products and systems include hydraulic actuation and valve systems, locking actuators, steering metering control valves, fuse pins, hot forged bolts, pneumatic ducting and valve seals, tubing system alignment joints, engine hot section and structural components, airframe components, shock strut bearings, PTFE lined spherical bearings and broad component maintenance, overhaul, spares logistics and power-by-the-hour support services. Sargent is also a major supplier of hydraulic control valves to the US Navy on all Nuclear Class Submarine programs. Sargent has an immediate opening for a Financial Analyst.

Purpose and Scope:

The Financial Analyst will be a key strategic business partner who will provide support to the Plant Manager and the Sargent Finance Department team. The incumbent must be a self-starter, detailed oriented and have the ability to proactively manage across multiple levels in order to successfully complete projects such as forecasting budgets and providing high-level ad hoc analysis within deadlines.

Roles & Responsibilities:

• Analyzes production, inventory control, distribution, cost analysis, finance, marketing, human resources, and other business functions in order to identify cost savings opportunities and to explain variances to management on a consolidated basis.
• Consults with key business personnel to identify and document business needs and objectives, current operational procedures, problems.
• Works with the OEM controllers and Corporate Financial Planning and Analysis on the monthly business analysis.
• Develops and implements processes and systems to meet quarterly and monthly reporting requirements.
• Perform duties to backup personnel and admin tasks as assigned.
• Coordination of cost accounting and reporting activities with accountants and Controllers.
• Shared responsibility with Controller for management, completion and analysis of the GL for Sargent companies including all entries related to inventory valuation, direct labor & material variance, closed WIP variance and purchase cost variance consistent with GAAP and IFRS standards.
• Conduct analysis of business activity costs including raw material purchases, inventory and direct labor.
• Analyze changes in product design, materials, manufacturing methodology, outside processing and overhead rates to determine impact on overall product cost.
• Compare all factors affecting product price and profitability.
• Ensure all financial reporting for subsidiary companies is timely and accurate.
• Review and update all SOX Policies & Procedures related to inventory controls, inventory valuation, and job costing and variance analysis.
• Ensure job costing is consistent with all government requirements under FAR and CAS.
• Help Operations identify production processes to reduce variances.
• Assist in establishing reporting tools to improve both labor and variance analysis
• repare, analyze and report weekly, monthly, quarterly standard margin analysis by product code and by customer type;
• Prepare, analyze and report weekly, monthly outside processing (OSP) impact to costs and monthly product units of cost by work center;
• Analyze cost accounting data and assist with cycle count/physical inventories;
• Review standard costing, analyze purchase parts, support Engineering for their standard BOM process;
• Assist in month-end closing, prepare journal entries as necessary, and analyze inventory valuation, inventory roll forward;
• Prepare detailed account analysis and reconcile sales, cost and inventory, liability accounts by customer type by division;
• Review and analyze inventory and margin reports, conduct research and perform analytical studies in regards to cost analyses and profitability;
• Support and assist internal department reporting requirements such as audit schedules, tax schedules and others;
• Other duties as assigned

Required Job Knowledge, Skills and Experience:

• Bachelor\'s degree (B.A./B.S.) from a four-year college or university in Finance, Accounting, or Business

OR

Working towards a Bachelor\'s degree (B.A./B.S.) from a four-year college or university in Finance, Accounting, or Business with expected graduation within 12 months

Good written and communicative skills.

Effective collaboration and influencing skills

Must be able to