Jobs › Lowell, MA › Financial Analyst Cirtec Medical Corporation Financial Analyst Lowell, MA Apply The Financial Analyst Cost Accounting & Inventory is responsible for supporting the company\'s cost accounting processes, inventory valuation, forecasting, and financial analysis with a particular focus on inventory management. This role partners closely with Operations, Supply Chain, Engineering, and Accounting to ensure inventory accuracy, support month-end close activities, analyze manufacturing performance, and provide actionable insights that improve profitability and operational decision-making.\
Key Responsibilities:
\ Inventory Management\
- Monitor inventory balances and ensure accurate valuation of Inventory.\
- Perform detailed reconciliations of Inventory purchases, consumption, transfers, recoveries, and scrap.\
- Analyze Inventory usage and yield, identifying opportunities to improve recovery rates and reduce losses.\
- Support physical inventory counts and cycle count programs, including reconciliation of inventory discrepancies.\
- Track Inventory market pricing and evaluate financial impacts on inventory valuation, manufacturing costs, and customer pricing.\
- Collaborate with Supply Chain and Operations to improve inventory controls and optimize inventory levels.\ Cost Accounting\
- Support monthly cost accounting close activities, including inventory valuation, manufacturing variances, and journal entries.\
- Analyze purchase price, labor, overhead, scrap, and production variances and communicate key drivers to management.\
- Assist with standard cost development, annual cost roll updates, and ongoing standard cost maintenance.\
- Partner with Operations to improve manufacturing cost visibility and identify cost reduction opportunities.\
- Perform inventory reserve analysis and assist with excess and obsolete inventory reviews.\
- Support internal and external audits related to inventory and manufacturing accounting.\ Forecasting & Financial Analysis\
- Help prepare monthly forecasts and assist with the annual budgeting process for manufacturing operations.\
- Help develop variance analyses comparing actual results to forecast, budget, and prior year performance.\
- Analyze manufacturing performance, inventory trends, and key operational metrics to identify risks and opportunities.\
- Create and maintain financial models to support business decisions and operational improvements.\
- Prepare management reporting packages and present financial insights to business partners.
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Must Have:
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- Bachelor\'s degree in Accounting, Finance, or related field.\
- 25 years of experience in financial analysis, cost accounting, or manufacturing finance.\
- Experience in a manufacturing environment.\
- Strong understanding of cost accounting principles and manufacturing finance.\
- Knowledge of inventory accounting, standard costing, and variance analysis.\
- Advanced Microsoft Excel skills, including PivotTables, Power Query, and financial modeling.\
- Experience with ERP systems such as Oracle, SAP, Microsoft Dynamics, or similar.\
- Strong analytical and problem-solving skills with exceptional attention to detail.\
- Excellent communication skills with the ability to present financial information to both finance and operational leaders.\
- Ability to manage multiple priorities in a fast-paced manufacturing environment.
\ Good to have:
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- Medical device or highly regulated industries preferred.\
- Experience with standard costing and inventory accounting.\
- Experience working with Inventory accounting or high-value inventory.
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