Financial Analyst

Company Description

FHP Manufacturing, located in Fort Lauderdale, Florida, is a joint venture between Robert Bosch (BOSCH Group) and Carrier Corporation.

FHP Manufacturing is a leader in the production of geothermal and water source heat pumps, providing some of the most efficient heating and cooling comfort solutions in the industry.

Job Description

We are seeking a detail-oriented and analytical Financial Analyst to join our Plant Controlling team. This role is a critical business partner to the plant management and operations teams, providing financial insights and support to drive efficiency, profitability, and informed decision-making. The ideal candidate will have a strong foundation in cost accounting, financial analysis within a manufacturing environment, and hands-on experience with SAP, particularly the CO (Controlling) and FI (Financial Accounting) modules.

Key Responsibilities :

Cost Accounting & Analysis :

Perform month-end, quarter-end, and year-end closing activities, including journal entries, accruals, and reconciliations related to production costs.

Analyze and report on manufacturing variances (material, labor, overhead, purchase price).

Maintain and update standard costs for raw materials, packaging, and finished goods.

Assist in the annual standard cost roll-up process.

Reporting & Performance Management :

Prepare, analyze, and distribute daily, weekly, and monthly plant performance reports and KPIs (Key Performance Indicators) to plant and corporate management.

Develop and maintain financial models to track and forecast plant performance, operational spending, and capital expenditures.

Provide clear, concise commentary on financial results, explaining deviations from budget, forecast, and prior periods.

Budgeting & Forecasting :

Play a key role in the annual budgeting and periodic forecasting processes for the plant.

Collaborate with department heads (Production, Maintenance, Quality, etc.) to develop departmental budgets and spending forecasts.

Monitor spending against budget and work with managers to identify and implement cost-saving opportunities.

Inventory Control :

Participate in physical inventory counts and cycle count programs.

Analyze inventory levels, identify slow-moving or obsolete inventory (SLOB), and ensure proper valuation and reserve calculations.

Support production ad-hoc issues related with inventory.

Reconcile inventory sub-ledgers to the general ledger and conduct inventory adjustments.

SAP System Management :

Utilize SAP CO-PC (Product Costing), CO-PA (Profitability Analysis), and FI modules as a primary tool for data extraction, analysis, and reporting.

Assist in maintaining master data integrity within SAP, including cost centers, profit centers, and material masters.

Business Partnership & Special Projects :

Act as a financial business partner to the plant leadership team, providing ad-hoc analysis and decision support.

Analyze the financial viability of capital expenditure requests (CapEx), calculating ROI, payback period, and NPV.

Support internal and external audits by providing necessary documentation and explanations.

Qualifications

Bachelor's degree in Finance, Accounting, Economics, or a related field.

3 plus years of experience in a financial analyst or cost accounting role, preferably within a manufacturing or industrial environment.

Proficient hands-on experience with SAP, specifically with FI (Financial Accounting) and CO (Controlling) modules (e.g., CO-PC, CO-PA). This is a mandatory requirement.

Strong understanding of cost accounting principles, standard costing, and variance analysis.

Advanced proficiency in Microsoft Excel (pivot tables, VLOOKUPs, complex formulas, data modeling). Strong PowerPoint skills. Experience with BW and Hyperion.

Excellent analytical, problem-solving, and organizational skills with a high attention to detail.

Strong communication and interpersonal skills, with the ability to present complex financial information clearly to non-financial stakeholders.

Ability to work independently and as part of a team.

Detail-oriented with a high level of accuracy.

Knowledge of manufacturing processes and cost accounting principles is a plus.

Excellent collaboration skills with the demonstrated ability

Additional Information

Experience with Business Intelligence (BI) tools such as Power BI, Tableau, or SAP Analytics Cloud.

Experience with automation tools such as VBA, Catalytic, Alteryx, Analysis for Office, Python

All your information will be kept confidential according to EEO guidelines.

Equal Opportunity Employer, including disability / veterans.